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 | |
|---|---|---|---|---|---|---|
1326
CALL
Welltower
WELL
$174B
| $31.9M | 0.01% |
389,700
+222,200
| +133% | +$18.3M |
|
1327
CALL
Nutanix
NTNX
$18B
| $31.9M | 0.01% |
914,600
+51,200
| +6% | +$1.61M |
|
1328
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $31.9M | 0.01% |
224,800
-253,500
| -53% | -$37.9M |
|
1329
Arista Networks
ANET
$241B
| $31.8M | 0.01% |
691,776
-1,056,616
| -60% | -$47.1M |
|
1330
PUT
Realty Income
O
$59.5B
| $31.8M | 0.01% |
636,800
+229,400
| +56% | +$13.2M |
|
1331
CALL
Copart
CPRT
$30.9B
| $31.8M | 0.01% |
737,700
+200,300
| +37% | +$8.9M |
|
1332
CALL
Verisk Analytics
VRSK
$24.5B
| $31.8M | 0.01% |
134,500
+22,500
| +20% | +$5.3M |
|
1333
CALL
J.M. Smucker
SJM
$13.4B
| $31.8M | 0.01% |
258,400
+134,500
| +109% | +$19.1M |
|
1334
CALL
Lamb Weston
LW
$7.61B
| $31.7M | 0.01% |
343,100
+37,900
| +12% | +$3.84M |
|
1335
PUT
iShares MSCI Mexico ETF
EWW
$1.81B
| $31.7M | 0.01% |
544,700
+223,400
| +70% | +$13.8M |
|
1336
CALL
Fastenal
FAST
$57.7B
| $31.7M | 0.01% |
1,160,600
-667,600
| -37% | -$19M |
|
1337
PUT
Schwab US Dividend Equity ETF
SCHD
$112B
| $31.7M | 0.01% |
1,344,300
-897,300
| -40% | -$22M |
|
1338
Eversource Energy
ES
$26.8B
| $31.7M | 0.01% |
544,950
+187,179
| +52% | +$12.5M |
|
1339
Northrop Grumman
NOC
$77.1B
| $31.6M | 0.01% |
71,890
-127,424
| -64% | -$56M |
|
1340
PUT
Prologis
PLD
$136B
| $31.6M | 0.01% |
281,700
+13,000
| +5% | +$1.59M |
|
1341
CDW
CDW
$17.8B
| $31.5M | 0.01% |
156,355
+121,361
| +347% | +$24.2M |
|
1342
Keysight
KEYS
$54.5B
| $31.5M | 0.01% |
237,879
+151,775
| +176% | +$22.5M |
|
1343
CALL
Stanley Black & Decker
SWK
$14.9B
| $31.4M | 0.01% |
376,100
-84,100
| -18% | -$7.79M |
|
1344
Synopsys
SNPS
$78.3B
| $31.4M | 0.01% |
68,332
-34,169
| -33% | -$15.3M |
|
|
1345
J.M. Smucker
SJM
$13.4B
| $31.3M | 0.01% |
254,537
+122,217
| +92% | +$17.4M |
|
|
GAP
1346
PUT
The Gap Inc
GAP
$7.25B
| $31.3M | 0.01% |
2,942,000
+2,026,600
| +221% | +$20.7M |
|
1347
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $31.2M | 0.01% |
531,600
-13,300
| -2% | -$888K |
|
1348
Dell
DELL
$292B
| $31.1M | 0.01% |
451,878
-189,688
| -30% | -$11.3M |
|
1349
CALL
B2Gold
BTG
$7.75B
| $31M | 0.01% |
10,739,700
-613,100
| -5% | -$2M |
|
1350
Palo Alto Networks
PANW
$277B
| $30.9M | 0.01% |
263,616
-184,770
| -41% | -$21.9M |
|
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.