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 | |
|---|---|---|---|---|---|---|
1576
CALL
Ally Financial
ALLY
$13B
| $23.6M | ﹤0.01% |
884,800
-61,500
| -6% | -$1.72M |
|
1577
Jacobs Solutions
J
$17.6B
| $23.6M | ﹤0.01% |
209,066
+15,469
| +8% | +$1.67M |
|
1578
CALL
California Resources
CRC
$4.63B
| $23.6M | ﹤0.01% |
420,600
+61,600
| +17% | +$3.28M |
|
1579
Cintas
CTAS
$82B
| $23.5M | ﹤0.01% |
195,728
-76,980
| -28% | -$9.58M |
|
1580
CALL
British American Tobacco
BTI
$121B
| $23.5M | ﹤0.01% |
749,100
+161,500
| +27% | +$5.32M |
|
1581
PUT
ProShares UltraShort S&P500
SDS
$397M
| $23.5M | ﹤0.01% |
126,540
+40,260
| +47% | +$6.94M |
|
1582
PACCAR
PCAR
$68B
| $23.4M | ﹤0.01% |
275,194
-37,712
| -12% | -$3.21M |
|
1583
CALL
New Oriental
EDU
$9.11B
| $23.4M | ﹤0.01% |
399,600
+33,900
| +9% | +$1.78M |
|
1584
CALL
Peloton Interactive
PTON
$2.37B
| $23.3M | ﹤0.01% |
4,616,200
-204,500
| -4% | -$1.45M |
|
1585
PUT
Markel Group
MKL
$22.5B
| $23.3M | ﹤0.01% |
15,800
-7,600
| -32% | -$11.1M |
|
1586
CALL
Nasdaq
NDAQ
$55.4B
| $23.3M | ﹤0.01% |
478,800
+380,000
| +385% | +$19.3M |
|
1587
DTE Energy
DTE
$28.4B
| $23.3M | ﹤0.01% |
234,329
+177,747
| +314% | +$19.1M |
|
1588
CALL
Range Resources
RRC
$9.59B
| $23.3M | ﹤0.01% |
717,600
-189,300
| -21% | -$5.92M |
|
1589
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $23.3M | ﹤0.01% |
257,200
-82,000
| -24% | -$7.51M |
|
1590
CALL
Omega Healthcare
OHI
$14.2B
| $23.2M | ﹤0.01% |
699,800
+3,300
| +0.5% | +$105K |
|
1591
Match Group
MTCH
$9.71B
| $23.2M | ﹤0.01% |
592,051
+147,988
| +33% | +$6.56M |
|
1592
Alkermes
ALKS
$8.24B
| $23.2M | ﹤0.01% |
827,880
+605,043
| +272% | +$17.7M |
|
1593
Liberty Global Class A
LBTYA
$3.68B
| $23.2M | ﹤0.01% |
1,354,344
+683,156
| +102% | +$12.3M |
|
1594
PUT
Sigma Lithium
SGML
$1.38B
| $23.1M | ﹤0.01% |
713,100
-21,700
| -3% | -$776K |
|
1595
Vanguard FTSE Developed Markets ETF
VEA
$240B
| $23.1M | ﹤0.01% |
529,029
+65,148
| +14% | +$2.98M |
|
1596
PUT
Invesco Senior Loan ETF
BKLN
$6.78B
| $23.1M | ﹤0.01% |
1,101,500
+938,200
| +575% | +$19.8M |
|
1597
PUT
Samsara
IOT
$22.8B
| $23.1M | ﹤0.01% |
915,600
-103,800
| -10% | -$2.75M |
|
1598
CALL
F5
FFIV
$21.6B
| $23.1M | ﹤0.01% |
143,200
+11,000
| +8% | +$1.72M |
|
1599
Fastenal
FAST
$57.9B
| $23.1M | ﹤0.01% |
844,412
-1,540
| -0.2% | -$43.7K |
|
|
BNY
1600
PUT
Bank of New York Mellon
BNY
$111B
| $22.9M | ﹤0.01% |
536,500
+26,800
| +5% | +$1.19M |
|
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.