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 | |
|---|---|---|---|---|---|---|
1351
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $30.9M | 0.01% |
714,780
+165,928
| +30% | +$7.21M |
|
1352
CALL
Ralph Lauren
RL
$22.1B
| $30.9M | 0.01% |
265,800
-9,000
| -3% | -$1.09M |
|
1353
PUT
Cognizant
CTSH
$28B
| $30.8M | 0.01% |
454,300
+143,300
| +46% | +$9.89M |
|
1354
Airbnb
ABNB
$112B
| $30.7M | 0.01% |
224,082
-577,438
| -72% | -$79.7M |
|
1355
PUT
Western Alliance Bancorporation
WAL
$8.55B
| $30.7M | 0.01% |
668,700
-493,300
| -42% | -$23.3M |
|
1356
CALL
SL Green Realty
SLG
$4.15B
| $30.7M | 0.01% |
823,000
+54,800
| +7% | +$1.97M |
|
1357
Eaton
ETN
$159B
| $30.7M | 0.01% |
143,872
+39,130
| +37% | +$8.44M |
|
1358
Nice
NICE
$5.87B
| $30.7M | 0.01% |
180,329
+18,591
| +11% | +$3.7M |
|
1359
PUT
ProShares UltraPro S&P 500
UPRO
$5.45B
| $30.6M | 0.01% |
743,800
+50,500
| +7% | +$2.38M |
|
1360
General Motors
GM
$76.3B
| $30.5M | 0.01% |
925,962
-420,825
| -31% | -$15M |
|
1361
Cardinal Health
CAH
$54B
| $30.5M | 0.01% |
351,555
+64,072
| +22% | +$5.79M |
|
1362
HCA Healthcare
HCA
$92.9B
| $30.5M | 0.01% |
124,072
+44,248
| +55% | +$12.1M |
|
1363
CALL
ChargePoint
CHPT
$153M
| $30.5M | 0.01% |
306,950
+46,180
| +18% | +$6.7M |
|
|
ANSS
1364
CALL
DELISTED
Ansys
ANSS
| $30.5M | 0.01% |
102,500
+20,300
| +25% | +$6.43M |
|
1365
PUT
LyondellBasell Industries
LYB
$21.1B
| $30.5M | 0.01% |
321,800
+100,500
| +45% | +$9.66M |
|
1366
PUT
Akamai
AKAM
$15.2B
| $30.5M | 0.01% |
285,900
-209,900
| -42% | -$20.9M |
|
|
EA
1367
PUT
DELISTED
Electronic Arts
EA
| $30.4M | 0.01% |
252,900
-171,100
| -40% | -$21.5M |
|
1368
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $30.4M | 0.01% |
2,202,300
-1,382,800
| -39% | -$20.3M |
|
1369
Sherwin-Williams
SHW
$84.2B
| $30.4M | 0.01% |
119,150
+18,072
| +18% | +$4.84M |
|
1370
CALL
GitLab
GTLB
$7.1B
| $30.4M | 0.01% |
671,300
-26,000
| -4% | -$1.24M |
|
1371
CALL
Pool Corp
POOL
$6.84B
| $30.3M | 0.01% |
85,000
-4,400
| -5% | -$1.6M |
|
1372
NRG Energy
NRG
$23.5B
| $30.2M | 0.01% |
785,254
-114,219
| -13% | -$4.32M |
|
1373
MetLife
MET
$61.1B
| $30.2M | 0.01% |
480,005
+135,347
| +39% | +$8.43M |
|
1374
PUT
Teradyne
TER
$57B
| $30.2M | 0.01% |
300,200
+13,900
| +5% | +$1.47M |
|
1375
CALL
KB Home
KBH
$3.41B
| $30.1M | 0.01% |
651,400
+97,600
| +18% | +$4.96M |
|
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.