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 | |
|---|---|---|---|---|---|---|
1101
PUT
Kraft Heinz
KHC
$30.4B
| $43.8M | 0.01% |
1,301,100
+231,900
| +22% | +$8.01M |
|
1102
CALL
Corning
GLW
$125B
| $43.3M | 0.01% |
1,420,400
-558,400
| -28% | -$18.3M |
|
1103
Compañía de Minas Buenaventura
BVN
$8.94B
| $43.3M | 0.01% |
5,078,947
+4,331,291
| +579% | +$34.7M |
|
1104
CALL
Southwest Airlines
LUV
$19.9B
| $43.2M | 0.01% |
1,597,100
+2,000
| +0.1% | +$65.3K |
|
1105
CALL
Penumbra
PEN
$12.8B
| $43.2M | 0.01% |
178,700
+17,200
| +11% | +$4.78M |
|
1106
PUT
JB Hunt Transport Services
JBHT
$24.4B
| $43.2M | 0.01% |
229,300
-205,200
| -47% | -$39.4M |
|
1107
CALL
Hasbro
HAS
$13.5B
| $42.9M | 0.01% |
648,600
+84,500
| +15% | +$5.59M |
|
1108
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $42.8M | 0.01% |
586,705
-7,570
| -1% | -$605K |
|
1109
PG&E
PCG
$39.9B
| $42.8M | 0.01% |
2,655,123
+1,645,749
| +163% | +$28.3M |
|
1110
PUT
Canadian Natural Resources
CNQ
$104B
| $42.8M | 0.01% |
1,323,400
+313,600
| +31% | +$9.59M |
|
1111
Paychex
PAYX
$44.8B
| $42.7M | 0.01% |
370,564
-265,109
| -42% | -$31.9M |
|
1112
NXP Semiconductors
NXPI
$56.1B
| $42.7M | 0.01% |
213,726
-22,178
| -9% | -$4.59M |
|
1113
General Dynamics
GD
$104B
| $42.7M | 0.01% |
193,238
+12,526
| +7% | +$2.77M |
|
1114
PUT
Zions Bancorporation
ZION
$9.91B
| $42.6M | 0.01% |
1,221,500
-162,200
| -12% | -$5.66M |
|
|
1115
PUT
Compañía de Minas Buenaventura
BVN
$8.94B
| $42.6M | 0.01% |
5,001,000
+4,067,800
| +436% | +$32.6M |
|
1116
Super Micro Computer
SMCI
$22.8B
| $42.6M | 0.01% |
1,553,680
+1,233,930
| +386% | +$34.4M |
|
1117
Exelon
EXC
$45.7B
| $42.5M | 0.01% |
1,125,844
+782,039
| +227% | +$31.9M |
|
1118
CALL
Eldorado Gold
EGO
$12.1B
| $42.5M | 0.01% |
4,772,300
-177,100
| -4% | -$1.73M |
|
|
BNY
1119
Bank of New York Mellon
BNY
$110B
| $42.5M | 0.01% |
996,918
-280,025
| -22% | -$12.5M |
|
1120
CALL
Vanguard Energy ETF
VDE
$10.8B
| $42.5M | 0.01% |
335,400
+206,200
| +160% | +$25.2M |
|
1121
CALL
Live Nation Entertainment
LYV
$43B
| $42.5M | 0.01% |
511,600
+43,800
| +9% | +$3.82M |
|
1122
CALL
Nutrien
NTR
$35.5B
| $42.5M | 0.01% |
687,400
+130,800
| +23% | +$8.28M |
|
1123
CALL
Cleveland-Cliffs
CLF
$6.45B
| $42.4M | 0.01% |
2,713,400
-2,163,900
| -44% | -$33.8M |
|
1124
PUT
Becton Dickinson
BDX
$52B
| $42.3M | 0.01% |
163,600
+25,000
| +18% | +$6.75M |
|
1125
PUT
SL Green Realty
SLG
$4.15B
| $42.2M | 0.01% |
1,131,800
+118,200
| +12% | +$4.25M |
|
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.