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 | |
|---|---|---|---|---|---|---|
1301
CALL
L3Harris
LHX
$48.9B
| $33.1M | 0.01% |
190,100
-20,500
| -10% | -$3.77M |
|
1302
iShares Core MSCI Emerging Markets ETF
IEMG
$158B
| $33.1M | 0.01% |
+694,601
| New | +$34.4M |
|
1303
CALL
Yeti Holdings
YETI
$3.14B
| $33M | 0.01% |
684,800
+411,200
| +150% | +$18.3M |
|
1304
CALL
PACCAR
PCAR
$68.4B
| $33M | 0.01% |
387,650
+116,500
| +43% | +$9.91M |
|
1305
US Bancorp
USB
$97.3B
| $32.9M | 0.01% |
996,412
-574,779
| -37% | -$20.9M |
|
1306
Ferguson
FERG
$45.7B
| $32.9M | 0.01% |
199,933
-89,348
| -31% | -$14.1M |
|
1307
Aon
AON
$76.2B
| $32.8M | 0.01% |
101,174
+15,709
| +18% | +$5.2M |
|
1308
PUT
Lyft
LYFT
$6.69B
| $32.8M | 0.01% |
3,110,900
-137,200
| -4% | -$1.53M |
|
1309
CALL
Robinhood
HOOD
$93.2B
| $32.8M | 0.01% |
3,341,700
+215,800
| +7% | +$2.39M |
|
1310
CALL
W.P. Carey
WPC
$16.3B
| $32.8M | 0.01% |
618,828
+100,875
| +19% | +$6.46M |
|
1311
PUT
Annaly Capital Management
NLY
$17.5B
| $32.8M | 0.01% |
1,741,900
+27,100
| +2% | +$539K |
|
1312
CALL
United States Natural Gas Fund
UNG
$511M
| $32.7M | 0.01% |
1,197,025
-652,600
| -35% | -$18.3M |
|
1313
CALL
International Flavors & Fragrances
IFF
$21.9B
| $32.7M | 0.01% |
479,200
+205,000
| +75% | +$15M |
|
1314
PUT
Allstate
ALL
$65.8B
| $32.6M | 0.01% |
292,700
+51,100
| +21% | +$5.58M |
|
1315
CALL
Macy's
M
$6.1B
| $32.5M | 0.01% |
2,801,700
+1,652,300
| +144% | +$23.2M |
|
1316
CALL
ProShares UltraPro S&P 500
UPRO
$5.45B
| $32.3M | 0.01% |
785,400
+88,400
| +13% | +$4.16M |
|
1317
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $32.3M | 0.01% |
876,211
+823,397
| +1,559% | +$32.1M |
|
1318
Ameren
AEE
$29.7B
| $32.3M | 0.01% |
432,005
+276,197
| +177% | +$22.5M |
|
1319
Molina Healthcare
MOH
$10.4B
| $32.3M | 0.01% |
98,577
+42,863
| +77% | +$13.5M |
|
1320
CALL
Tractor Supply
TSCO
$18.7B
| $32.3M | 0.01% |
795,500
-133,000
| -14% | -$5.76M |
|
1321
Edison International
EIX
$28.5B
| $32.3M | 0.01% |
510,208
+244,410
| +92% | +$17M |
|
1322
CALL
NetApp
NTAP
$36.7B
| $32.3M | 0.01% |
425,100
-98,700
| -19% | -$7.63M |
|
1323
CALL
iShares MSCI Mexico ETF
EWW
$1.79B
| $32.2M | 0.01% |
553,600
+399,400
| +259% | +$24.7M |
|
1324
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$96.3M
| $32.2M | 0.01% |
415,800
+146,500
| +54% | +$12.4M |
|
1325
CALL
Fluor
FLR
$6.86B
| $32M | 0.01% |
871,300
+622,200
| +250% | +$20.8M |
|
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.