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 | |
|---|---|---|---|---|---|---|
1401
CALL
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $29.3M | 0.01% |
793,800
-337,800
| -30% | -$13.2M |
|
1402
Bunge Global
BG
$20.6B
| $29.2M | 0.01% |
269,713
-28,725
| -10% | -$3.15M |
|
1403
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| $29.2M | 0.01% |
+1,218,670
| New | +$30.2M |
|
1404
Progressive
PGR
$129B
| $29.2M | 0.01% |
209,369
-13,196
| -6% | -$1.74M |
|
|
AYX
1405
CALL
DELISTED
Alteryx Inc
AYX
| $29.1M | 0.01% |
771,700
+361,800
| +88% | +$13M |
|
1406
CALL
Constellation Energy
CEG
$98B
| $29.1M | 0.01% |
266,600
-165,500
| -38% | -$17.1M |
|
1407
Baidu
BIDU
$31.4B
| $29.1M | 0.01% |
216,304
-253,355
| -54% | -$35.5M |
|
|
FISV
1408
PUT
Fiserv Inc
FISV
$27.9B
| $29M | 0.01% |
256,900
-443,900
| -63% | -$54.7M |
|
1409
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$353M
| $29M | 0.01% |
183,730
+71,330
| +63% | +$10M |
|
1410
CALL
Abercrombie & Fitch
ANF
$4.93B
| $28.9M | 0.01% |
511,900
+83,900
| +20% | +$3.73M |
|
1411
Kinder Morgan
KMI
$69.3B
| $28.8M | 0.01% |
1,738,125
-240,276
| -12% | -$4.14M |
|
1412
CALL
Bentley Systems
BSY
$11.3B
| $28.8M | 0.01% |
574,400
-123,500
| -18% | -$6.21M |
|
1413
Biogen
BIIB
$32.6B
| $28.8M | 0.01% |
112,077
+73,296
| +189% | +$19.6M |
|
1414
PUT
Cenovus Energy
CVE
$58.3B
| $28.8M | 0.01% |
1,382,300
-325,900
| -19% | -$6.22M |
|
|
CTLT
1415
CALL
DELISTED
CATALENT, INC.
CTLT
| $28.8M | 0.01% |
631,700
+252,300
| +66% | +$11.8M |
|
1416
PUT
Ally Financial
ALLY
$12.9B
| $28.7M | 0.01% |
1,076,900
+199,200
| +23% | +$5.56M |
|
1417
Equinix
EQIX
$106B
| $28.7M | 0.01% |
39,547
+7,827
| +25% | +$6.06M |
|
1418
Ingersoll Rand
IR
$30.7B
| $28.7M | 0.01% |
450,738
+56,228
| +14% | +$3.74M |
|
1419
PUT
Cboe Global Markets
CBOE
$32B
| $28.7M | 0.01% |
183,800
+81,900
| +80% | +$12.1M |
|
1420
CALL
Plug Power
PLUG
$3.13B
| $28.7M | 0.01% |
3,777,500
-1,183,400
| -24% | -$11.6M |
|
1421
VanEck Oil Services ETF
OIH
$1.94B
| $28.7M | 0.01% |
83,190
+46,820
| +129% | +$15.8M |
|
1422
PUT
Macy's
M
$5.96B
| $28.7M | 0.01% |
2,470,100
-9,400
| -0.4% | -$132K |
|
1423
PUT
Insulet
PODD
$9.92B
| $28.5M | 0.01% |
178,900
+74,300
| +71% | +$16.6M |
|
1424
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $28.4M | 0.01% |
724,700
+55,000
| +8% | +$2.25M |
|
1425
Futu Holdings
FUTU
$17.3B
| $28.4M | 0.01% |
491,026
+311,456
| +173% | +$16.6M |
|
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.