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 | |
|---|---|---|---|---|---|---|
876
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $62.1M | 0.01% |
1,438,400
+621,400
| +76% | +$27M |
|
877
PUT
Kimberly-Clark
KMB
$37B
| $62M | 0.01% |
512,900
-60,300
| -11% | -$7.79M |
|
878
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $62M | 0.01% |
2,381,993
+1,602,029
| +205% | +$42.9M |
|
879
Marathon Digital Holdings
MARA
$4.32B
| $61.9M | 0.01% |
7,283,451
+4,837,703
| +198% | +$64.9M |
|
880
PUT
Illumina
ILMN
$33.7B
| $61.7M | 0.01% |
461,880
-210,638
| -31% | -$34.6M |
|
881
PUT
Tyson Foods
TSN
$20.4B
| $61.6M | 0.01% |
1,219,200
-13,000
| -1% | -$692K |
|
882
Honeywell
HON
$68.1B
| $61.5M | 0.01% |
353,147
+151,178
| +75% | +$27.7M |
|
883
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $61.4M | 0.01% |
892,800
+1,900
| +0.2% | +$139K |
|
884
CALL
Cognizant
CTSH
$28B
| $61.4M | 0.01% |
906,000
+131,600
| +17% | +$9.08M |
|
885
CALL
Norfolk Southern
NSC
$79.3B
| $61.3M | 0.01% |
311,200
-168,000
| -35% | -$36.3M |
|
886
PUT
On Holding
ONON
$9.86B
| $61.3M | 0.01% |
2,202,600
+416,800
| +23% | +$13.2M |
|
887
CALL
Prologis
PLD
$136B
| $61.2M | 0.01% |
545,700
+143,300
| +36% | +$17.5M |
|
888
PUT
Lantheus
LNTH
$6.58B
| $61M | 0.01% |
877,900
+724,600
| +473% | +$53M |
|
889
RTX Corp
RTX
$282B
| $60.9M | 0.01% |
846,544
+218,507
| +35% | +$18.7M |
|
890
PUT
Best Buy
BBY
$18.4B
| $60.8M | 0.01% |
874,700
-701,000
| -44% | -$54.2M |
|
891
Neogen
NEOG
$2.53B
| $60.8M | 0.01% |
3,276,721
-771,014
| -19% | -$16.8M |
|
892
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $60.5M | 0.01% |
774,100
+5,200
| +0.7% | +$465K |
|
893
CALL
Canadian Natural Resources
CNQ
$104B
| $60.4M | 0.01% |
1,868,800
-282,600
| -13% | -$8.64M |
|
|
P
894
CALL
Everpure Inc
P
$33.4B
| $60.4M | 0.01% |
1,694,300
+214,100
| +14% | +$7.94M |
|
895
XPeng
XPEV
$10.7B
| $60.3M | 0.01% |
3,282,529
-1,411,870
| -30% | -$24M |
|
896
PUT
Archer Daniels Midland
ADM
$37.7B
| $60.2M | 0.01% |
797,800
+143,700
| +22% | +$11.6M |
|
897
CALL
GameStop
GME
$8.09B
| $60.1M | 0.01% |
3,652,300
-1,972,800
| -35% | -$39.3M |
|
898
CALL
Fair Isaac
FICO
$25.2B
| $59.9M | 0.01% |
69,000
+300
| +0.4% | +$257K |
|
899
VanEck Semiconductor ETF
SMH
$64.8B
| $59.9M | 0.01% |
413,018
+396,839
| +2,453% | +$60.1M |
|
900
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$346M
| $59.7M | 0.01% |
1,101,700
-231,200
| -17% | -$15.8M |
|
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.