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 | |
|---|---|---|---|---|---|---|
801
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $70.4M | 0.01% |
1,073,700
+335,300
| +45% | +$22.4M |
|
802
PUT
BHP
BHP
$247B
| $70.4M | 0.01% |
1,236,900
+526,700
| +74% | +$30.8M |
|
|
HES
803
CALL
DELISTED
Hess
HES
| $70.3M | 0.01% |
459,800
+81,300
| +21% | +$12.2M |
|
804
CALL
DuPont de Nemours
DD
$18.5B
| $70.3M | 0.01% |
750,938
-34,496
| -4% | -$3.24M |
|
805
ARK Innovation ETF
ARKK
$6.41B
| $70.3M | 0.01% |
1,771,725
-102,216
| -5% | -$4.51M |
|
806
Micron Technology
MU
$1.03T
| $69.9M | 0.01% |
1,027,017
-1,514,341
| -60% | -$101M |
|
807
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $69.5M | 0.01% |
907,200
+210,500
| +30% | +$17.1M |
|
808
CALL
Halliburton
HAL
$28.9B
| $69.4M | 0.01% |
1,712,500
+279,500
| +20% | +$10.9M |
|
809
Vertex Pharmaceuticals
VRTX
$139B
| $69.3M | 0.01% |
199,244
+24,958
| +14% | +$8.73M |
|
810
PUT
SoFi Technologies
SOFI
$23.6B
| $69.1M | 0.01% |
8,654,400
+749,500
| +9% | +$6.59M |
|
811
CALL
Wingstop
WING
$3.18B
| $69.1M | 0.01% |
384,500
+170,200
| +79% | +$29.4M |
|
812
CALL
Southern Company
SO
$104B
| $69.1M | 0.01% |
1,067,300
+244,800
| +30% | +$17M |
|
813
CALL
Chubb
CB
$133B
| $68.5M | 0.01% |
329,200
+142,700
| +77% | +$28.8M |
|
814
CALL
Capri Holdings
CPRI
$1.55B
| $68.4M | 0.01% |
1,299,900
+677,000
| +109% | +$30.7M |
|
815
CALL
Arm
ARM
$255B
| $68.3M | 0.01% |
+1,276,600
| New | +$70.6M |
|
|
816
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $68.3M | 0.01% |
1,041,400
+487,800
| +88% | +$32.5M |
|
817
CALL
Kroger
KR
$36.2B
| $68.2M | 0.01% |
1,523,700
+30,300
| +2% | +$1.43M |
|
818
CALL
Capital One
COF
$133B
| $67.9M | 0.01% |
699,900
-113,600
| -14% | -$12.1M |
|
819
CALL
Snap
SNAP
$9.35B
| $67.8M | 0.01% |
7,605,600
-3,817,400
| -33% | -$39.9M |
|
820
CALL
PPG Industries
PPG
$25.2B
| $67.7M | 0.01% |
521,700
+66,900
| +15% | +$9.39M |
|
|
AXON
821
CALL
Axon Enterprise
AXON
$48.5B
| $67.7M | 0.01% |
340,000
+111,600
| +49% | +$22M |
|
822
Freeport-McMoran
FCX
$112B
| $67.6M | 0.01% |
1,811,599
+284,873
| +19% | +$11.5M |
|
|
MPT
823
PUT
Medical Properties Trust
MPT
$2.46B
| $67.4M | 0.01% |
12,366,000
+5,531,700
| +81% | +$44.3M |
|
|
ARCH
824
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $67.1M | 0.01% |
393,100
+176,100
| +81% | +$23.6M |
|
825
PUT
US Global Jets ETF
JETS
$797M
| $67.1M | 0.01% |
3,937,800
+2,659,000
| +208% | +$52.5M |
|
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.