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 | |
|---|---|---|---|---|---|---|
851
O'Reilly Automotive
ORLY
$73.4B
| $64.3M | 0.01% |
1,060,425
-582,615
| -35% | -$36.5M |
|
852
CALL
Bunge Global
BG
$21.2B
| $64.1M | 0.01% |
591,800
+208,000
| +54% | +$22.8M |
|
853
Tyson Foods
TSN
$20.4B
| $64M | 0.01% |
1,267,042
-204,716
| -14% | -$10.9M |
|
854
Cigna
CI
$74.1B
| $63.9M | 0.01% |
223,520
-69,657
| -24% | -$19.9M |
|
855
CALL
EPAM Systems
EPAM
$5.74B
| $63.9M | 0.01% |
250,000
+400
| +0.2% | +$98.8K |
|
|
PARA
856
DELISTED
Paramount Global Class B
PARA
| $63.9M | 0.01% |
4,954,320
-514,946
| -9% | -$7.63M |
|
857
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $63.6M | 0.01% |
524,300
-17,300
| -3% | -$1.96M |
|
858
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $63.5M | 0.01% |
493,433
+145,601
| +42% | +$19.3M |
|
859
CALL
Chord Energy
CHRD
$7.91B
| $63.4M | 0.01% |
390,900
+95,200
| +32% | +$14.9M |
|
860
CALL
Schwab US Dividend Equity ETF
SCHD
$112B
| $63.3M | 0.01% |
2,685,000
-839,100
| -24% | -$20.6M |
|
861
PUT
Norfolk Southern
NSC
$79.3B
| $63.2M | 0.01% |
320,800
-66,100
| -17% | -$14.3M |
|
862
CALL
Hershey
HSY
$38.2B
| $63.1M | 0.01% |
315,300
-19,300
| -6% | -$4.32M |
|
863
CALL
MGM Resorts International
MGM
$11B
| $63.1M | 0.01% |
1,715,300
+426,600
| +33% | +$18.9M |
|
864
Abbott
ABT
$202B
| $63M | 0.01% |
650,992
-365,601
| -36% | -$38.4M |
|
865
Valero Energy
VLO
$99.6B
| $62.7M | 0.01% |
442,760
-80,858
| -15% | -$10.6M |
|
866
lululemon athletica
LULU
$13.9B
| $62.7M | 0.01% |
162,492
-94,725
| -37% | -$36.2M |
|
867
PUT
United States Natural Gas Fund
UNG
$511M
| $62.6M | 0.01% |
2,291,200
+1,076,500
| +89% | +$30.1M |
|
868
CALL
Norwegian Cruise Line
NCLH
$7.91B
| $62.6M | 0.01% |
3,798,000
-1,780,400
| -32% | -$32.8M |
|
869
CALL
Futu Holdings
FUTU
$16.2B
| $62.6M | 0.01% |
1,082,100
-176,200
| -14% | -$9.39M |
|
870
PUT
Suncor Energy
SU
$78.8B
| $62.5M | 0.01% |
1,818,700
-62,500
| -3% | -$2M |
|
871
CALL
PENN Entertainment
PENN
$2.45B
| $62.4M | 0.01% |
2,719,000
+1,840,500
| +210% | +$44.5M |
|
872
PUT
Halliburton
HAL
$28.9B
| $62.4M | 0.01% |
1,539,800
+52,900
| +4% | +$2.07M |
|
873
CALL
Match Group
MTCH
$9.58B
| $62.4M | 0.01% |
1,591,400
+829,300
| +109% | +$36.8M |
|
874
CALL
Sysco
SYY
$40.1B
| $62.3M | 0.01% |
943,000
+435,500
| +86% | +$31.3M |
|
875
PUT
HSBC
HSBC
$357B
| $62.2M | 0.01% |
1,577,000
+892,100
| +130% | +$35.2M |
|
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.