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 | |
|---|---|---|---|---|---|---|
826
CME Group
CME
$100B
| $66.8M | 0.01% |
333,445
+233,668
| +234% | +$46.4M |
|
827
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $66.6M | 0.01% |
376,200
+166,400
| +79% | +$31.7M |
|
828
AutoZone
AZO
$49.1B
| $66.6M | 0.01% |
26,210
-12,092
| -32% | -$30.3M |
|
829
PUT
Rio Tinto
RIO
$170B
| $66.5M | 0.01% |
1,044,900
-82,300
| -7% | -$5.25M |
|
830
Phillips 66
PSX
$96.5B
| $66.5M | 0.01% |
553,334
-172,298
| -24% | -$19.3M |
|
831
Humana
HUM
$46.4B
| $66.4M | 0.01% |
136,468
-270,221
| -66% | -$127M |
|
832
PUT
Stryker
SYK
$126B
| $66.3M | 0.01% |
242,700
-96,100
| -28% | -$27.6M |
|
833
PUT
Etsy
ETSY
$7.99B
| $66.3M | 0.01% |
1,026,500
+77,700
| +8% | +$6.13M |
|
834
CALL
Builders FirstSource
BLDR
$7.56B
| $66.1M | 0.01% |
531,000
+109,200
| +26% | +$15.1M |
|
835
iShares Russell 2000 Value ETF
IWN
$14.6B
| $66.1M | 0.01% |
487,546
+480,410
| +6,732% | +$68.9M |
|
836
PUT
Transocean
RIG
$6.44B
| $66M | 0.01% |
8,035,200
+2,707,000
| +51% | +$22.1M |
|
837
Trade Desk
TTD
$6.24B
| $65.9M | 0.01% |
842,853
-254,576
| -23% | -$20.6M |
|
838
Southwest Airlines
LUV
$19.9B
| $65.9M | 0.01% |
2,432,822
+1,190,563
| +96% | +$38.8M |
|
839
CALL
e.l.f. Beauty
ELF
$6.25B
| $65.8M | 0.01% |
598,900
+74,900
| +14% | +$9.1M |
|
840
Bristol-Myers Squibb
BMY
$137B
| $65.8M | 0.01% |
1,132,884
-151,362
| -12% | -$9.27M |
|
841
PNC Financial Services
PNC
$97.2B
| $65.7M | 0.01% |
535,232
+372,720
| +229% | +$46.9M |
|
842
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$200M
| $65.5M | 0.01% |
1,483,300
-544,300
| -27% | -$19.2M |
|
|
843
PUT
e.l.f. Beauty
ELF
$6.25B
| $65.4M | 0.01% |
595,800
+363,400
| +156% | +$44.1M |
|
844
CALL
KKR & Co
KKR
$96.3B
| $65.3M | 0.01% |
1,060,200
+601,900
| +131% | +$36.6M |
|
845
CALL
TotalEnergies
TTE
$198B
| $65.3M | 0.01% |
992,700
+84,700
| +9% | +$5.24M |
|
846
PUT
Okta
OKTA
$22.8B
| $65.2M | 0.01% |
799,300
-341,900
| -30% | -$25.9M |
|
847
PUT
EQT Corp
EQT
$33.6B
| $65.1M | 0.01% |
1,604,600
+358,800
| +29% | +$14.9M |
|
848
Workday
WDAY
$49.2B
| $64.9M | 0.01% |
302,001
+209,535
| +227% | +$48.6M |
|
|
WBA
849
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $64.8M | 0.01% |
2,914,500
+610,200
| +26% | +$16.2M |
|
850
CALL
State Street SPDR S&P Retail ETF
XRT
$329M
| $64.6M | 0.01% |
1,062,200
+401,100
| +61% | +$25.7M |
|
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.