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 | |
|---|---|---|---|---|---|---|
1001
PUT
Equinix
EQIX
$104B
| $50.8M | 0.01% |
69,900
-54,200
| -44% | -$42M |
|
1002
PUT
Pool Corp
POOL
$6.84B
| $50.7M | 0.01% |
142,300
-91,000
| -39% | -$33.1M |
|
1003
PUT
MetLife
MET
$61.1B
| $50.6M | 0.01% |
804,700
-511,400
| -39% | -$31.8M |
|
1004
Ford
F
$55.5B
| $50.6M | 0.01% |
4,074,447
-2,997,719
| -42% | -$38.9M |
|
1005
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $50.5M | 0.01% |
225,400
+94,400
| +72% | +$22.6M |
|
1006
CALL
Alcoa
AA
$13B
| $50.4M | 0.01% |
1,736,000
+377,400
| +28% | +$11.8M |
|
1007
CALL
VF Corp
VFC
$5.63B
| $49.9M | 0.01% |
2,823,500
+1,368,800
| +94% | +$26.1M |
|
1008
iShares MSCI Brazil ETF
EWZ
$8.07B
| $49.8M | 0.01% |
1,623,839
+559,606
| +53% | +$17.8M |
|
1009
CALL
Skyworks Solutions
SWKS
$10.1B
| $49.7M | 0.01% |
504,300
+96,900
| +24% | +$10.3M |
|
1010
PUT
Novartis
NVS
$300B
| $49.7M | 0.01% |
487,900
-44,100
| -8% | -$4.48M |
|
1011
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $49.6M | 0.01% |
721,015
+350,563
| +95% | +$25.7M |
|
1012
PUT
Keurig Dr Pepper
KDP
$44.2B
| $49.6M | 0.01% |
1,571,300
+110,800
| +8% | +$3.66M |
|
1013
CALL
Saia
SAIA
$9.32B
| $49.5M | 0.01% |
124,200
+81,300
| +190% | +$32.8M |
|
1014
Centene
CNC
$32.4B
| $49.4M | 0.01% |
716,882
+67,351
| +10% | +$4.48M |
|
1015
CALL
Steel Dynamics
STLD
$32.9B
| $49.3M | 0.01% |
460,200
+31,700
| +7% | +$3.3M |
|
1016
Cheniere Energy
LNG
$58B
| $49.3M | 0.01% |
297,277
-228,461
| -43% | -$36.9M |
|
1017
PUT
iShares MSCI Japan ETF
EWJ
$22.4B
| $49.2M | 0.01% |
816,800
+154,300
| +23% | +$9.52M |
|
1018
PUT
Peabody Energy
BTU
$3.4B
| $49.2M | 0.01% |
1,894,600
+153,500
| +9% | +$3.43M |
|
1019
CALL
Ferrari
RACE
$74.6B
| $49.2M | 0.01% |
166,400
-20,400
| -11% | -$6.33M |
|
1020
PUT
Hasbro
HAS
$13.5B
| $49M | 0.01% |
741,200
-286,000
| -28% | -$18.9M |
|
1021
CALL
Danaos Corp
DAC
$2.74B
| $48.8M | 0.01% |
737,600
+16,800
| +2% | +$1.13M |
|
1022
CALL
Teva Pharmaceuticals
TEVA
$43B
| $48.8M | 0.01% |
4,787,600
+3,290,800
| +220% | +$30.6M |
|
1023
PUT
Chubb
CB
$133B
| $48.8M | 0.01% |
234,500
+3,300
| +1% | +$667K |
|
1024
PUT
BioNTech
BNTX
$28.3B
| $48.8M | 0.01% |
448,800
+19,500
| +5% | +$2.16M |
|
1025
PUT
Chewy
CHWY
$10B
| $48.6M | 0.01% |
2,661,600
+1,370,700
| +106% | +$39.2M |
|
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.