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 | |
|---|---|---|---|---|---|---|
1151
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$245M
| $40.5M | 0.01% |
130,710
+46,320
| +55% | +$12.2M |
|
1152
Chipotle Mexican Grill
CMG
$48.1B
| $40.4M | 0.01% |
1,101,650
-245,150
| -18% | -$9.56M |
|
1153
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $40.3M | 0.01% |
768,200
-22,000
| -3% | -$1.14M |
|
1154
PUT
NIO
NIO
$10.9B
| $40.3M | 0.01% |
4,458,800
+366,500
| +9% | +$4.08M |
|
1155
Vulcan Materials
VMC
$35.8B
| $40.3M | 0.01% |
199,496
+14,631
| +8% | +$3.18M |
|
|
MRO
1156
CALL
DELISTED
Marathon Oil Corporation
MRO
| $40.3M | 0.01% |
1,506,300
-327,500
| -18% | -$8.47M |
|
|
HZNP
1157
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $40.3M | 0.01% |
347,967
+11,972
| +4% | +$1.29M |
|
1158
CALL
Ecolab
ECL
$80.4B
| $40.2M | 0.01% |
237,600
+110,300
| +87% | +$20.1M |
|
1159
CALL
XPO
XPO
$22.5B
| $40.2M | 0.01% |
538,600
+275,100
| +104% | +$19M |
|
1160
PUT
Fortinet
FTNT
$112B
| $40.2M | 0.01% |
684,500
+140,000
| +26% | +$9.27M |
|
1161
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.4B
| $40.2M | 0.01% |
749,700
+449,000
| +149% | +$24.7M |
|
1162
Monolithic Power Systems
MPWR
$63.2B
| $40.1M | 0.01% |
86,872
+67,164
| +341% | +$34.4M |
|
1163
CALL
Avis
CAR
$5.19B
| $40.1M | 0.01% |
222,900
-114,000
| -34% | -$24.7M |
|
1164
CALL
Yum! Brands
YUM
$42.9B
| $40M | 0.01% |
320,500
-22,700
| -7% | -$2.99M |
|
1165
Murphy USA
MUSA
$10.4B
| $39.9M | 0.01% |
116,827
-54,647
| -32% | -$17.4M |
|
1166
PUT
Saia
SAIA
$9.32B
| $39.9M | 0.01% |
100,000
+16,100
| +19% | +$6.49M |
|
1167
Berkshire Hathaway Class A
BRK.A
$1.08T
| $39.9M | 0.01% |
75
+11
| +17% | +$5.93M |
|
1168
CALL
Teradyne
TER
$57B
| $39.8M | 0.01% |
396,600
+106,500
| +37% | +$11.2M |
|
1169
PUT
Sherwin-Williams
SHW
$84.2B
| $39.8M | 0.01% |
156,200
-117,800
| -43% | -$31.5M |
|
1170
PUT
Capri Holdings
CPRI
$1.55B
| $39.8M | 0.01% |
757,100
+262,200
| +53% | +$11.9M |
|
1171
CALL
CSX Corp
CSX
$95.3B
| $39.8M | 0.01% |
1,292,800
-125,900
| -9% | -$3.99M |
|
1172
CALL
Truist Financial
TFC
$62.1B
| $39.7M | 0.01% |
1,388,400
-306,400
| -18% | -$9.42M |
|
1173
PUT
Cummins
CMI
$78.7B
| $39.7M | 0.01% |
173,700
-4,500
| -3% | -$1.09M |
|
1174
CALL
Quanta Services
PWR
$92.7B
| $39.7M | 0.01% |
212,100
-34,500
| -14% | -$6.92M |
|
1175
Automatic Data Processing
ADP
$112B
| $39.6M | 0.01% |
164,648
-7,989
| -5% | -$1.95M |
|
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.