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 | |
|---|---|---|---|---|---|---|
976
CVS Health
CVS
$120B
| $53M | 0.01% |
758,916
-488,007
| -39% | -$34.6M |
|
977
PUT
Vanguard Information Technology ETF
VGT
$143B
| $52.4M | 0.01% |
1,009,600
-200,000
| -17% | -$10.9M |
|
978
CALL
Thor Industries
THO
$4.13B
| $52.4M | 0.01% |
550,300
+332,900
| +153% | +$34.8M |
|
979
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $52.2M | 0.01% |
+632,356
| New | +$53.9M |
|
980
CALL
First Citizens BancShares
FCNCA
$24.7B
| $52.2M | 0.01% |
37,800
+13,600
| +56% | +$18.7M |
|
981
PUT
Seagate
STX
$180B
| $52.1M | 0.01% |
789,900
-12,700
| -2% | -$818K |
|
982
CALL
T. Rowe Price
TROW
$24B
| $52M | 0.01% |
496,300
+283,600
| +133% | +$31.9M |
|
983
PUT
PG&E
PCG
$39.9B
| $52M | 0.01% |
3,223,700
+1,202,900
| +60% | +$20.7M |
|
984
Blackstone
BX
$108B
| $51.9M | 0.01% |
484,822
-908,607
| -65% | -$94.6M |
|
985
PUT
Riot Platforms
RIOT
$7.51B
| $51.9M | 0.01% |
5,567,300
+1,850,300
| +50% | +$25.5M |
|
986
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $51.8M | 0.01% |
3,143,100
-592,900
| -16% | -$10.9M |
|
987
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $51.8M | 0.01% |
1,239,112
-491,509
| -28% | -$21.9M |
|
988
Zscaler
ZS
$28.5B
| $51.7M | 0.01% |
332,152
+122,973
| +59% | +$18.4M |
|
989
CALL
Jabil
JBL
$31.9B
| $51.6M | 0.01% |
406,500
+156,700
| +63% | +$17.1M |
|
990
CALL
Antero Resources
AR
$11.7B
| $51.4M | 0.01% |
2,026,300
-86,100
| -4% | -$2.22M |
|
991
Enphase Energy
ENPH
$4.91B
| $51.4M | 0.01% |
427,749
-113,246
| -21% | -$16.1M |
|
992
Lam Research
LRCX
$388B
| $51.4M | 0.01% |
819,940
-345,170
| -30% | -$22.7M |
|
993
Sprott Physical Gold
PHYS
$16.8B
| $51.4M | 0.01% |
3,587,859
+3,547,859
| +8,870% | +$53.3M |
|
994
PUT
Caesars Entertainment
CZR
$6.04B
| $51.2M | 0.01% |
1,105,700
-251,600
| -19% | -$13.4M |
|
995
Cencora
COR
$61.8B
| $51.2M | 0.01% |
284,754
+75,639
| +36% | +$14M |
|
996
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $51.1M | 0.01% |
1,779,200
+119,100
| +7% | +$4.17M |
|
997
Realty Income
O
$59.8B
| $51.1M | 0.01% |
1,022,438
+666,007
| +187% | +$38.3M |
|
998
CALL
Restaurant Brands International
QSR
$28.4B
| $51M | 0.01% |
765,800
+121,000
| +19% | +$8.69M |
|
999
KKR & Co
KKR
$96.3B
| $50.8M | 0.01% |
825,311
+670,384
| +433% | +$40.7M |
|
1000
CALL
HP
HPQ
$26.1B
| $50.8M | 0.01% |
1,977,700
+950,800
| +93% | +$29.2M |
|
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.