Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.26B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$2.12B |
| 3 |
Apple
AAPL
|
+$986M |
| 4 |
Amazon
AMZN
|
+$676M |
| 5 |
Kenvue
KVUE
|
+$501M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.26B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$638M |
| 3 |
Microsoft
MSFT
|
+$630M |
| 4 |
Meta Platforms (Facebook)
META
|
+$578M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$453M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.36% |
| 2 | Consumer Discretionary | 1.65% |
| 3 | Financials | 1.08% |
| 4 | Healthcare | 0.89% |
| 5 | Communication Services | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Duke Energy
DUK
$95.1B
| $76.8M | 0.02% |
869,648
+618,037
| +246% | +$56.7M |
|
752
CALL
Equinix
EQIX
$103B
| $76.7M | 0.02% |
105,600
-19,900
| -16% | -$15.4M |
|
753
Devon Energy
DVN
$52.9B
| $76.7M | 0.02% |
1,607,584
+1,030,729
| +179% | +$51.9M |
|
|
PARA
754
PUT
DELISTED
Paramount Global Class B
PARA
| $76.7M | 0.02% |
5,942,500
-167,600
| -3% | -$2.48M |
|
755
PUT
Cleveland-Cliffs
CLF
$6.43B
| $76.4M | 0.02% |
4,890,300
+1,909,500
| +64% | +$29.8M |
|
756
PUT
AstraZeneca
AZN
$258B
| $76.4M | 0.02% |
563,950
-639,150
| -53% | -$87.3M |
|
757
CALL
HCA Healthcare
HCA
$92.7B
| $76.3M | 0.02% |
310,300
+1,800
| +0.6% | +$493K |
|
758
PUT
Southwest Airlines
LUV
$19.9B
| $76.1M | 0.02% |
2,810,900
+234,700
| +9% | +$7.66M |
|
759
CALL
GSK
GSK
$104B
| $75.9M | 0.02% |
2,094,900
+893,800
| +74% | +$31.7M |
|
760
CALL
Kinder Morgan
KMI
$68.8B
| $75.9M | 0.02% |
4,576,400
+225,900
| +5% | +$3.89M |
|
761
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $75.7M | 0.02% |
811,125
+154,225
| +23% | +$14.5M |
|
762
CALL
Becton Dickinson
BDX
$52B
| $75.4M | 0.02% |
291,700
-32,000
| -10% | -$8.64M |
|
763
PUT
Fair Isaac
FICO
$25.3B
| $75.3M | 0.02% |
86,700
+21,800
| +34% | +$18.7M |
|
764
CALL
Burlington
BURL
$20.8B
| $75.3M | 0.02% |
556,400
+161,300
| +41% | +$25.9M |
|
|
SCHW
765
Charles Schwab
SCHW
$196B
| $75.2M | 0.02% |
1,369,619
-721,442
| -35% | -$43.6M |
|
766
PUT
Clorox
CLX
$13B
| $75.2M | 0.02% |
573,500
+169,000
| +42% | +$25.7M |
|
767
CALL
Cboe Global Markets
CBOE
$32.2B
| $75.1M | 0.02% |
480,600
+133,300
| +38% | +$19.6M |
|
768
Applied Materials
AMAT
$384B
| $75.1M | 0.02% |
542,170
+110,748
| +26% | +$15.9M |
|
769
Target
TGT
$76.9B
| $75M | 0.02% |
678,456
-1,186,969
| -64% | -$151M |
|
770
PUT
Western Digital
WDC
$157B
| $75M | 0.02% |
2,174,483
+150,425
| +7% | +$4.75M |
|
771
PUT
Futu Holdings
FUTU
$16.2B
| $75M | 0.02% |
1,297,200
+5,900
| +0.5% | +$314K |
|
772
CALL
Coupang
CPNG
$29.5B
| $75M | 0.02% |
4,410,400
-271,800
| -6% | -$4.89M |
|
773
PUT
CarMax
KMX
$8.91B
| $74.9M | 0.02% |
1,059,400
-349,100
| -25% | -$28.6M |
|
774
CALL
Archer Daniels Midland
ADM
$37.6B
| $74.9M | 0.02% |
992,800
-221,900
| -18% | -$18M |
|
|
775
PUT
Burlington
BURL
$20.8B
| $74.9M | 0.02% |
553,300
-99,300
| -15% | -$15.9M |
|
Similar funds
Jeff Yass's Q3 2023 Portfolio in Review
As of Q3 2023, Jeff Yass held 13,532 positions worth $481B, down 2.3% from $492B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jeff Yass's Q3 2023 filing shows 1,585 new, 5,250 increased, 4,926 reduced and 1,614 closed positions. Its largest new stake was iShares JPMorgan USD Emerging Markets Bond ETF: 632,356 shares worth $52.2M. The largest sale was NVIDIA, an estimated $1.26B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 2.7% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q3 2023 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 632,356 shares worth $52.2M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $3.26B increase.
- Jeff Yass's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $1.26B.
- Jeff Yass fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $45.6M.
- Jeff Yass's ten largest holdings make up 28% of its $481B portfolio in Q3 2023.
- Jeff Yass opened 1,585 new positions and closed 1,614 in Q3 2023.
- Jeff Yass's portfolio value fell 2.3% quarter-over-quarter to $481B.
Based on Susquehanna International Group's 13F filing for Q3 2023, filed 14 Nov 2023.