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 | Miscellaneous | 90.81% |
| 2 | Technology | 2.36% |
| 3 | Consumer Discretionary | 1.65% |
| 4 | Financials | 1.08% |
| 5 | Healthcare | 0.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWO
9901
DELISTED
Two Harbors Investment
TWO
| $226K | ﹤0.01% |
17,091
-12,739
| -43% | -$171K |
|
9902
CALL
Liberty Media Series A
FWONA
$23.5B
| $226K | ﹤0.01% |
+4,000
| New | +$244K |
|
|
BLE
9903
DELISTED
BlackRock Municipal Income Trust II
BLE
| $226K | ﹤0.01% |
24,742
+14,112
| +133% | +$142K |
|
9904
CALL
American Well
AMWL
$202M
| $226K | ﹤0.01% |
9,660
-235
| -2% | -$7.94K |
|
9905
Matthews International
MATW
$658M
| $226K | ﹤0.01% |
5,809
-6,100
| -51% | -$264K |
|
|
SPCK
9906
The SPAC and New Issue ETF
SPCK
$8.38M
| $226K | ﹤0.01% |
9,656
| – | – |
|
|
SHOE
9907
CALL
Shoe Station Group
SHOE
$371M
| $226K | ﹤0.01% |
+9,400
| New | +$223K |
|
|
TMHC
9908
PUT
DELISTED
Taylor Morrison
TMHC
| $226K | ﹤0.01% |
5,300
-6,200
| -54% | -$292K |
|
9909
Altisource Portfolio Solutions
ASPS
$63.2M
| $226K | ﹤0.01% |
+7,074
| New | +$266K |
|
9910
Franklin FTSE Taiwan ETF
FLTW
$3.68B
| $226K | ﹤0.01% |
6,198
-94
| -1% | -$3.56K |
|
|
GDEN
9911
CALL
DELISTED
Golden Entertainment
GDEN
| $226K | ﹤0.01% |
6,600
-9,100
| -58% | -$349K |
|
9912
CALL
Zevra Therapeutics
ZVRA
$689M
| $226K | ﹤0.01% |
46,800
-108,400
| -70% | -$541K |
|
9913
CALL
Cardiff Oncology
CRDF
$73.9M
| $225K | ﹤0.01% |
+162,200
| New | +$274K |
|
9914
iShares MSCI Philippines ETF
EPHE
$150M
| $225K | ﹤0.01% |
+9,050
| New | +$230K |
|
9915
Cannae Holdings
CNNE
$676M
| $225K | ﹤0.01% |
12,092
-13,053
| -52% | -$258K |
|
|
OSG
9916
Octave Specialty Group
OSG
$207M
| $225K | ﹤0.01% |
18,671
-248,558
| -93% | -$3.34M |
|
9917
Wendy's
WEN
$1.56B
| $225K | ﹤0.01% |
11,031
-38,168
| -78% | -$797K |
|
9918
Coca-Cola Femsa
KOF
$23.7B
| $225K | ﹤0.01% |
2,870
-17,554
| -86% | -$1.45M |
|
9919
Safety Insurance
SAFT
$1.52B
| $225K | ﹤0.01% |
3,296
-3,577
| -52% | -$249K |
|
9920
ProShares UltraPro Dow 30
UDOW
$871M
| $225K | ﹤0.01% |
8,358
-107,820
| -93% | -$3.26M |
|
9921
Dole
DOLE
$1.3B
| $225K | ﹤0.01% |
19,408
-1,644
| -8% | -$20.5K |
|
|
RAD
9922
CALL
DELISTED
Rite Aid Corporation
RAD
| $225K | ﹤0.01% |
499,400
+338,100
| +210% | +$453K |
|
9923
Nuveen Short-Term REIT ETF
NURE
$34.8M
| $225K | ﹤0.01% |
8,273
-11,737
| -59% | -$346K |
|
|
INST
9924
DELISTED
Instructure Holdings, Inc.
INST
| $224K | ﹤0.01% |
8,832
-16,406
| -65% | -$425K |
|
9925
CALL
iShares Europe ETF
IEV
$1.69B
| $224K | ﹤0.01% |
+4,700
| New | +$234K |
|
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 Miscellaneous at 91% of assets, up from 90% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.