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 | |
|---|---|---|---|---|---|---|
1551
PUT
Canadian Solar
CSIQ
$980M
| $24.3M | 0.01% |
986,700
-184,100
| -16% | -$5.82M |
|
1552
CALL
ProShares UltraPro Short S&P 500
SPXU
$392M
| $24.2M | 0.01% |
101,350
+28,310
| +39% | +$6.06M |
|
1553
Ameriprise Financial
AMP
$49.4B
| $24.2M | 0.01% |
73,444
-10,070
| -12% | -$3.44M |
|
1554
CALL
Western Alliance Bancorporation
WAL
$8.66B
| $24.2M | 0.01% |
526,700
-1,361,700
| -72% | -$64.3M |
|
1555
iShares Global Infrastructure ETF
IGF
$10.6B
| $24.1M | 0.01% |
557,485
+535,506
| +2,436% | +$24.6M |
|
1556
W.R. Berkley
WRB
$25.5B
| $24.1M | 0.01% |
569,972
+2,988
| +0.5% | +$124K |
|
1557
PENN Entertainment
PENN
$2.42B
| $24M | 0.01% |
1,047,279
+711,571
| +212% | +$17.2M |
|
1558
PUT
Toast
TOST
$21.2B
| $24M | 0.01% |
1,282,700
+896,800
| +232% | +$19.5M |
|
1559
Fortive
FTV
$18B
| $24M | 0.01% |
429,868
+54,955
| +15% | +$3.16M |
|
1560
PUT
Cencora
COR
$62.1B
| $24M | 0.01% |
133,400
+38,800
| +41% | +$7.17M |
|
1561
PUT
Aramark
ARMK
$15.6B
| $24M | 0.01% |
958,005
+6,648
| +0.7% | +$186K |
|
|
JWN
1562
PUT
DELISTED
Nordstrom
JWN
| $24M | 0.01% |
1,606,100
+393,200
| +32% | +$7.21M |
|
|
APO.PRA
1563
DELISTED
Apollo Global Management Series A
APO.PRA
| $24M | 0.01% |
+435,196
| New | +$23.5M |
|
1564
CALL
Boyd Gaming
BYD
$5.9B
| $24M | 0.01% |
394,200
-4,900
| -1% | -$326K |
|
1565
Sigma Lithium
SGML
$1.38B
| $23.9M | 0.01% |
736,981
+317,832
| +76% | +$11.4M |
|
1566
PUT
Agilent Technologies
A
$43.8B
| $23.9M | 0.01% |
213,700
+29,000
| +16% | +$3.47M |
|
1567
CALL
Exelon
EXC
$45.7B
| $23.9M | 0.01% |
632,000
-598,500
| -49% | -$24.4M |
|
1568
CALL
AGNC Investment
AGNC
$12.9B
| $23.8M | ﹤0.01% |
2,517,400
-463,900
| -16% | -$4.59M |
|
1569
AB InBev
BUD
$155B
| $23.8M | ﹤0.01% |
429,508
+81,742
| +24% | +$4.63M |
|
1570
Coinbase
COIN
$49.8B
| $23.7M | ﹤0.01% |
315,747
+264,421
| +515% | +$22.3M |
|
1571
PUT
Winnebago Industries
WGO
$899M
| $23.7M | ﹤0.01% |
398,700
+128,800
| +48% | +$8.35M |
|
1572
PUT
Kohl's
KSS
$2.03B
| $23.7M | ﹤0.01% |
1,130,600
+533,400
| +89% | +$13.5M |
|
1573
CALL
iShares Global Clean Energy ETF
ICLN
$2.21B
| $23.7M | ﹤0.01% |
1,620,400
+90,200
| +6% | +$1.51M |
|
1574
CALL
Asana
ASAN
$2.18B
| $23.7M | ﹤0.01% |
1,292,300
+375,700
| +41% | +$7.85M |
|
1575
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.97B
| $23.6M | ﹤0.01% |
732,600
-247,100
| -25% | -$8.76M |
|
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.