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 | |
|---|---|---|---|---|---|---|
1226
CALL
UiPath
PATH
$8.59B
| $36.7M | 0.01% |
2,147,100
+1,161,900
| +118% | +$19.3M |
|
1227
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $36.7M | 0.01% |
933,600
-189,200
| -17% | -$7.77M |
|
1228
PUT
Public Storage
PSA
$60.7B
| $36.7M | 0.01% |
139,100
+29,400
| +27% | +$8.24M |
|
1229
PUT
Bunge Global
BG
$21.2B
| $36.5M | 0.01% |
337,300
-26,100
| -7% | -$2.86M |
|
1230
CALL
LPL Financial
LPLA
$28.7B
| $36.5M | 0.01% |
153,500
+120,900
| +371% | +$28.1M |
|
1231
CALL
ProShares Ultra QQQ
QLD
$13.6B
| $36.4M | 0.01% |
1,227,600
-91,800
| -7% | -$2.95M |
|
1232
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $36.4M | 0.01% |
1,267,500
-1,030,400
| -45% | -$36.1M |
|
1233
CALL
Novartis
NVS
$300B
| $36.4M | 0.01% |
357,300
-107,400
| -23% | -$10.9M |
|
1234
PUT
State Street
STT
$52.4B
| $36.3M | 0.01% |
542,500
+138,400
| +34% | +$9.76M |
|
|
MRSH
1235
Marsh
MRSH
$92.9B
| $36.3M | 0.01% |
190,886
-6,980
| -4% | -$1.34M |
|
1236
CALL
Centene
CNC
$32.4B
| $36.3M | 0.01% |
526,600
+236,800
| +82% | +$15.8M |
|
1237
PUT
L3Harris
LHX
$48.9B
| $36.2M | 0.01% |
208,100
+87,900
| +73% | +$16.2M |
|
1238
PUT
Cadence Design Systems
CDNS
$87B
| $36.1M | 0.01% |
154,200
+14,100
| +10% | +$3.3M |
|
1239
CALL
M&T Bank
MTB
$34.9B
| $36.1M | 0.01% |
285,600
-60,200
| -17% | -$7.85M |
|
|
PXD
1240
DELISTED
Pioneer Natural Resource Co.
PXD
| $36M | 0.01% |
156,905
+25,057
| +19% | +$5.7M |
|
1241
PUT
XP
XP
$8.66B
| $35.9M | 0.01% |
1,557,700
+534,500
| +52% | +$13.4M |
|
1242
CALL
Edwards Lifesciences
EW
$52.2B
| $35.9M | 0.01% |
518,200
+111,900
| +28% | +$8.99M |
|
1243
CALL
Teladoc Health
TDOC
$1.13B
| $35.9M | 0.01% |
1,930,300
+753,700
| +64% | +$17.6M |
|
1244
PUT
Antero Resources
AR
$11.7B
| $35.8M | 0.01% |
1,412,100
-795,900
| -36% | -$20.5M |
|
1245
Gilead Sciences
GILD
$182B
| $35.8M | 0.01% |
478,117
-222,857
| -32% | -$17.1M |
|
1246
American Tower
AMT
$83.1B
| $35.8M | 0.01% |
217,709
+62,481
| +40% | +$11.4M |
|
1247
MongoDB
MDB
$32.4B
| $35.8M | 0.01% |
103,507
-66,666
| -39% | -$25.3M |
|
1248
CALL
NRG Energy
NRG
$23.5B
| $35.8M | 0.01% |
928,400
-347,000
| -27% | -$13.1M |
|
1249
Fortinet
FTNT
$112B
| $35.7M | 0.01% |
608,575
-190,342
| -24% | -$12.6M |
|
1250
Entegris
ENTG
$21.1B
| $35.6M | 0.01% |
379,038
+310,437
| +453% | +$31.1M |
|
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.