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 | |
|---|---|---|---|---|---|---|
|
SWAV
1526
CALL
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $25M | 0.01% |
125,400
+39,200
| +45% | +$9.27M |
|
1527
Paycom
PAYC
$10.4B
| $25M | 0.01% |
96,286
+33,837
| +54% | +$10.3M |
|
1528
Generac Holdings
GNRC
$12B
| $25M | 0.01% |
228,993
+115,750
| +102% | +$14.3M |
|
1529
MGM Resorts International
MGM
$10.9B
| $24.9M | 0.01% |
678,573
-266,205
| -28% | -$11.8M |
|
1530
CALL
Elastic
ESTC
$8.41B
| $24.9M | 0.01% |
306,600
+180,700
| +144% | +$12.3M |
|
1531
PUT
Keysight
KEYS
$54.2B
| $24.9M | 0.01% |
188,200
+94,000
| +100% | +$13.9M |
|
1532
CALL
Aptiv
APTV
$9.6B
| $24.8M | 0.01% |
251,400
-8,700
| -3% | -$899K |
|
1533
First Solar
FSLR
$22.2B
| $24.8M | 0.01% |
153,362
-136,953
| -47% | -$25.6M |
|
1534
Waters Corp
WAT
$40.8B
| $24.8M | 0.01% |
90,262
+5,171
| +6% | +$1.43M |
|
1535
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$107M
| $24.7M | 0.01% |
810,200
-26,200
| -3% | -$764K |
|
1536
CALL
NCR Voyix
VYX
$1.11B
| $24.7M | 0.01% |
1,494,058
-36,349
| -2% | -$619K |
|
|
FITB
1537
Fifth Third Bancorp
FITB
$49.7B
| $24.7M | 0.01% |
974,239
+483,620
| +99% | +$13M |
|
1538
CALL
Universal Display
OLED
$3.94B
| $24.7M | 0.01% |
157,100
-1,300
| -0.8% | -$197K |
|
1539
PUT
Sprott Uranium Miners ETF
URNM
$2.27B
| $24.7M | 0.01% |
522,800
+370,100
| +242% | +$13.9M |
|
1540
PUT
Toll Brothers
TOL
$13.8B
| $24.6M | 0.01% |
332,600
-58,700
| -15% | -$4.63M |
|
1541
CALL
Pan American Silver
PAAS
$22.2B
| $24.6M | 0.01% |
1,696,300
-601,000
| -26% | -$9.4M |
|
1542
CALL
ProShares UltraPro Short 20+ Year Treasury
TTT
$17.2M
| $24.6M | 0.01% |
244,900
+131,900
| +117% | +$10.6M |
|
1543
Riot Platforms
RIOT
$7.96B
| $24.5M | 0.01% |
2,630,789
+1,942,144
| +282% | +$26.7M |
|
1544
MSCI
MSCI
$41.2B
| $24.5M | 0.01% |
47,804
+27,073
| +131% | +$14.2M |
|
1545
CALL
Spectrum Brands
SPB
$2.01B
| $24.5M | 0.01% |
312,800
-124,600
| -28% | -$9.83M |
|
1546
CALL
Raymond James Financial
RJF
$33.7B
| $24.5M | 0.01% |
243,700
+108,400
| +80% | +$11.5M |
|
1547
CALL
Tenet Healthcare
THC
$22B
| $24.5M | 0.01% |
371,400
-74,600
| -17% | -$5.58M |
|
1548
CALL
Corteva
CTVA
$55.1B
| $24.4M | 0.01% |
477,600
+81,800
| +21% | +$4.33M |
|
1549
CALL
KE Holdings
BEKE
$19.7B
| $24.3M | 0.01% |
1,568,600
+523,700
| +50% | +$8.32M |
|
1550
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.5B
| $24.3M | 0.01% |
53,197
-73,800
| -58% | -$35.4M |
|
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.