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 | |
|---|---|---|---|---|---|---|
901
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.9B
| $59.7M | 0.01% |
116,864
+32,380
| +38% | +$15.2M |
|
902
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $59.6M | 0.01% |
576,600
-2,700
| -0.5% | -$290K |
|
903
CALL
Johnson Controls International
JCI
$86.6B
| $59.5M | 0.01% |
1,118,900
+574,000
| +105% | +$35.4M |
|
904
PUT
General Dynamics
GD
$104B
| $59.4M | 0.01% |
269,000
+2,500
| +0.9% | +$553K |
|
|
EXE
905
PUT
Expand Energy Corp
EXE
$22.3B
| $59.4M | 0.01% |
689,100
-86,800
| -11% | -$7.37M |
|
906
PUT
AMC Entertainment Holdings
AMC
$2.38B
| $59.4M | 0.01% |
7,435,500
+3,591,560
| +93% | +$106M |
|
907
PUT
Alpha Metallurgical Resources
AMR
$2.66B
| $59.3M | 0.01% |
228,300
+39,000
| +21% | +$7.62M |
|
908
PUT
argenx
ARGX
$63.3B
| $59.1M | 0.01% |
120,300
-73,500
| -38% | -$36M |
|
909
Colgate-Palmolive
CL
$73.8B
| $59.1M | 0.01% |
830,420
-114,669
| -12% | -$8.57M |
|
910
Marvell Technology
MRVL
$206B
| $58.9M | 0.01% |
1,088,450
-190,055
| -15% | -$11.2M |
|
911
PUT
J.M. Smucker
SJM
$13.5B
| $58.7M | 0.01% |
477,800
+384,700
| +413% | +$54.6M |
|
912
CALL
Crown Castle
CCI
$32.5B
| $58.4M | 0.01% |
634,800
+116,400
| +22% | +$12.1M |
|
913
CALL
AB InBev
BUD
$156B
| $58.1M | 0.01% |
1,050,200
-700
| -0.1% | -$39.7K |
|
914
Analog Devices
ADI
$181B
| $58.1M | 0.01% |
331,615
+98,957
| +43% | +$18.2M |
|
915
CALL
WIX.com
WIX
$3.53B
| $58M | 0.01% |
631,600
+245,800
| +64% | +$22M |
|
916
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$301M
| $57.7M | 0.01% |
1,471,900
+170,900
| +13% | +$5.77M |
|
|
AKRO
917
PUT
DELISTED
Akero Therapeutics
AKRO
| $57.7M | 0.01% |
1,140,500
+688,600
| +152% | +$32.1M |
|
|
918
CALL
Colgate-Palmolive
CL
$73.8B
| $57.6M | 0.01% |
809,800
-231,600
| -22% | -$17.3M |
|
919
CALL
Tyson Foods
TSN
$20.4B
| $57.4M | 0.01% |
1,137,800
+266,200
| +31% | +$14.2M |
|
920
CALL
CarMax
KMX
$8.91B
| $57.3M | 0.01% |
810,800
-64,300
| -7% | -$5.27M |
|
921
PUT
McKesson
MCK
$102B
| $57.3M | 0.01% |
131,800
+28,100
| +27% | +$11.8M |
|
922
PUT
eBay
EBAY
$47.7B
| $57.1M | 0.01% |
1,294,900
+345,300
| +36% | +$15.4M |
|
923
PUT
Ross Stores
ROST
$77.5B
| $57.1M | 0.01% |
505,400
+123,600
| +32% | +$14.2M |
|
924
CALL
AutoNation
AN
$6.45B
| $57.1M | 0.01% |
376,900
+192,400
| +104% | +$30.7M |
|
925
PUT
Progressive
PGR
$130B
| $56.9M | 0.01% |
408,800
+1,800
| +0.4% | +$237K |
|
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.