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 | |
|---|---|---|---|---|---|---|
1026
PUT
Automatic Data Processing
ADP
$112B
| $48.6M | 0.01% |
201,900
-210,200
| -51% | -$51.3M |
|
1027
PUT
CME Group
CME
$100B
| $48.5M | 0.01% |
242,400
-64,300
| -21% | -$12.8M |
|
1028
CALL
Williams Companies
WMB
$86.8B
| $48.5M | 0.01% |
1,439,900
-226,400
| -14% | -$7.73M |
|
1029
PUT
Apollo Global Management
APO
$78.4B
| $48.4M | 0.01% |
539,000
+9,000
| +2% | +$757K |
|
|
CNR
1030
PUT
Core Natural Resources Inc
CNR
$4.78B
| $48.3M | 0.01% |
460,800
+30,000
| +7% | +$2.45M |
|
1031
PUT
Kroger
KR
$36.2B
| $48.3M | 0.01% |
1,078,300
-49,000
| -4% | -$2.31M |
|
|
1032
PUT
Kenvue
KVUE
$37.3B
| $48.1M | 0.01% |
2,397,000
+1,864,200
| +350% | +$43.2M |
|
1033
CALL
Cintas
CTAS
$83B
| $48.1M | 0.01% |
400,000
+126,800
| +46% | +$15.8M |
|
1034
SLB Ltd
SLB
$80.1B
| $48.1M | 0.01% |
824,925
-242,313
| -23% | -$14.1M |
|
1035
PUT
Match Group
MTCH
$9.58B
| $48M | 0.01% |
1,225,500
-281,200
| -19% | -$12.5M |
|
1036
Warner Bros
WBD
$72B
| $48M | 0.01% |
4,420,675
-235,066
| -5% | -$2.93M |
|
|
CPE
1037
CALL
DELISTED
Callon Petroleum Company
CPE
| $47.9M | 0.01% |
1,224,300
+531,800
| +77% | +$19.6M |
|
1038
CALL
AdvisorShares Pure US Cannabis ETF
MSOS
$982M
| $47.9M | 0.01% |
6,026,800
+4,507,600
| +297% | +$28.4M |
|
1039
PUT
Truist Financial
TFC
$62.1B
| $47.8M | 0.01% |
1,670,300
-191,400
| -10% | -$5.89M |
|
1040
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $47.7M | 0.01% |
390,400
-45,100
| -10% | -$5.74M |
|
1041
Xcel Energy
XEL
$48.3B
| $47.7M | 0.01% |
834,041
+478,104
| +134% | +$28.7M |
|
1042
Intuitive Surgical
ISRG
$132B
| $47.6M | 0.01% |
162,791
+4,770
| +3% | +$1.49M |
|
1043
PUT
PBF Energy
PBF
$8.24B
| $47.5M | 0.01% |
888,000
+154,500
| +21% | +$7.36M |
|
|
PARA
1044
CALL
DELISTED
Paramount Global Class B
PARA
| $47.4M | 0.01% |
3,677,800
-1,211,600
| -25% | -$17.9M |
|
1045
PUT
Air Products & Chemicals
APD
$68.2B
| $47.4M | 0.01% |
167,300
-21,600
| -11% | -$6.34M |
|
1046
CALL
Asbury Automotive
ABG
$3.79B
| $47.1M | 0.01% |
204,800
+110,500
| +117% | +$25.2M |
|
1047
CALL
PG&E
PCG
$39.9B
| $47M | 0.01% |
2,916,900
-626,000
| -18% | -$10.8M |
|
1048
CALL
Trane Technologies
TT
$99.7B
| $47M | 0.01% |
231,800
+185,900
| +405% | +$37.2M |
|
1049
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $47M | 0.01% |
1,237,452
-2,166,588
| -64% | -$85.8M |
|
1050
CALL
Roper Technologies
ROP
$41.1B
| $46.9M | 0.01% |
96,800
+26,100
| +37% | +$12.8M |
|
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.