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 | |
|---|---|---|---|---|---|---|
|
PPL
1201
CALL
PPL Corp
PPL
$26.4B
| $38.2M | 0.01% |
1,619,600
+603,500
| +59% | +$15.6M |
|
|
CMA
1202
PUT
DELISTED
Comerica
CMA
| $38.1M | 0.01% |
917,000
+213,500
| +30% | +$10.1M |
|
|
WCC
1203
CALL
WESCO International
WCC
$16.4B
| $38M | 0.01% |
264,400
+49,100
| +23% | +$7.93M |
|
1204
PUT
Nutrien
NTR
$35.5B
| $38M | 0.01% |
614,500
+255,000
| +71% | +$16.1M |
|
1205
CALL
Old National Bancorp
ONB
$9.86B
| $37.9M | 0.01% |
2,609,000
+2,554,600
| +4,696% | +$39.6M |
|
1206
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $37.9M | 0.01% |
244,000
-167,100
| -41% | -$27.1M |
|
1207
CALL
Coherent
COHR
$53.9B
| $37.9M | 0.01% |
1,160,100
+135,300
| +13% | +$5.56M |
|
1208
CALL
TransDigm Group
TDG
$66.3B
| $37.9M | 0.01% |
44,900
-9,000
| -17% | -$7.9M |
|
|
NVMI
1209
PUT
Nova
NVMI
$11.5B
| $37.8M | 0.01% |
336,600
+180,000
| +115% | +$21.2M |
|
1210
PUT
Plains All American Pipeline
PAA
$17.6B
| $37.8M | 0.01% |
2,469,200
-547,800
| -18% | -$8.21M |
|
1211
ON Semiconductor
ON
$28B
| $37.8M | 0.01% |
406,321
-81,186
| -17% | -$7.89M |
|
1212
PUT
iShare MSCI Eurozone ETF
EZU
$9.94B
| $37.8M | 0.01% |
894,100
+435,200
| +95% | +$19.5M |
|
1213
SoFi Technologies
SOFI
$23.6B
| $37.8M | 0.01% |
4,725,714
+2,752,108
| +139% | +$24.2M |
|
1214
Datadog
DDOG
$81.1B
| $37.7M | 0.01% |
413,447
+71,647
| +21% | +$7.09M |
|
1215
PUT
Arm
ARM
$255B
| $37.5M | 0.01% |
+701,400
| New | +$38.8M |
|
1216
WisdomTree Floating Rate Treasury Fund
USFR
$18.7B
| $37.5M | 0.01% |
745,457
+730,760
| +4,972% | +$36.8M |
|
1217
PUT
Live Nation Entertainment
LYV
$43B
| $37.5M | 0.01% |
451,700
-14,400
| -3% | -$1.25M |
|
1218
CALL
Samsara
IOT
$23.5B
| $37.5M | 0.01% |
1,486,100
+931,000
| +168% | +$24.7M |
|
|
ARCH
1219
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $37.2M | 0.01% |
218,200
+51,300
| +31% | +$6.88M |
|
|
K
1220
CALL
DELISTED
Kellanova
K
| $37M | 0.01% |
662,750
-217,792
| -25% | -$13M |
|
1221
Carnival Corporation Ltd
CCL
$35.2B
| $37M | 0.01% |
2,694,991
+2,145,536
| +390% | +$35.6M |
|
1222
CALL
Equinor
EQNR
$101B
| $37M | 0.01% |
1,127,500
+204,600
| +22% | +$6.34M |
|
1223
CALL
Toronto Dominion Bank
TD
$193B
| $36.9M | 0.01% |
612,900
+69,200
| +13% | +$4.31M |
|
1224
CALL
Axcelis
ACLS
$3.81B
| $36.8M | 0.01% |
225,800
+117,500
| +108% | +$20.7M |
|
1225
PUT
Toyota
TM
$229B
| $36.8M | 0.01% |
204,600
+78,700
| +63% | +$13.4M |
|
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.