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 | |
|---|---|---|---|---|---|---|
|
WCC
1051
PUT
WESCO International
WCC
$16.4B
| $46.8M | 0.01% |
325,600
+167,800
| +106% | +$27.1M |
|
1052
PUT
Cintas
CTAS
$83B
| $46.7M | 0.01% |
388,400
+179,600
| +86% | +$22.4M |
|
1053
PUT
Duke Energy
DUK
$95.1B
| $46.7M | 0.01% |
528,900
+111,600
| +27% | +$10.2M |
|
1054
CALL
Illinois Tool Works
ITW
$80.9B
| $46.5M | 0.01% |
201,800
+126,700
| +169% | +$30.9M |
|
1055
Elevance Health
ELV
$87.3B
| $46.3M | 0.01% |
106,360
-102,489
| -49% | -$46.5M |
|
1056
CALL
JB Hunt Transport Services
JBHT
$24.4B
| $46.2M | 0.01% |
245,000
+48,400
| +25% | +$9.3M |
|
1057
SolarEdge
SEDG
$1.85B
| $46.2M | 0.01% |
356,479
+176,314
| +98% | +$33.8M |
|
1058
Zoetis
ZTS
$31.9B
| $46.2M | 0.01% |
265,345
+116,748
| +79% | +$21.2M |
|
1059
PUT
Ferrari
RACE
$74.6B
| $46.1M | 0.01% |
156,000
+7,700
| +5% | +$2.39M |
|
|
FL
1060
PUT
DELISTED
Foot Locker
FL
| $46M | 0.01% |
2,650,400
+357,700
| +16% | +$8M |
|
1061
CALL
BioNTech
BNTX
$28.3B
| $46M | 0.01% |
423,000
+207,800
| +97% | +$23M |
|
|
CTRA
1062
CALL
DELISTED
Coterra Energy
CTRA
| $45.9M | 0.01% |
1,698,200
-1,774,700
| -51% | -$48.4M |
|
1063
PUT
W.W. Grainger
GWW
$62.3B
| $45.9M | 0.01% |
66,300
-42,400
| -39% | -$30.7M |
|
1064
Starbucks
SBUX
$123B
| $45.8M | 0.01% |
501,470
-1,242,139
| -71% | -$122M |
|
1065
KLA
KLAC
$237B
| $45.8M | 0.01% |
997,670
-127,070
| -11% | -$6.09M |
|
1066
American Electric Power
AEP
$66.4B
| $45.7M | 0.01% |
608,136
+447,276
| +278% | +$36.4M |
|
|
EA
1067
DELISTED
Electronic Arts
EA
| $45.7M | 0.01% |
379,731
-29,383
| -7% | -$3.7M |
|
1068
CALL
Boston Beer
SAM
$1.95B
| $45.5M | 0.01% |
116,800
+26,500
| +29% | +$9.29M |
|
1069
State Street
STT
$52.4B
| $45.4M | 0.01% |
678,297
+117,546
| +21% | +$8.29M |
|
|
1070
CALL
State Street
STT
$52.4B
| $45.4M | 0.01% |
677,700
+392,600
| +138% | +$27.7M |
|
1071
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $45.4M | 0.01% |
864,200
+506,000
| +141% | +$26.2M |
|
1072
PUT
Skyworks Solutions
SWKS
$10.1B
| $45.3M | 0.01% |
459,500
-127,700
| -22% | -$13.6M |
|
1073
PUT
Agnico Eagle Mines
AEM
$110B
| $45.3M | 0.01% |
996,500
+315,800
| +46% | +$15.5M |
|
1074
CALL
iShares TIPS Bond ETF
TIP
$15B
| $45.2M | 0.01% |
435,800
-109,800
| -20% | -$11.6M |
|
1075
CALL
Elbit Systems
ESLT
$34.2B
| $45.2M | 0.01% |
228,100
+165,600
| +265% | +$33.9M |
|
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.