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 | |
|---|---|---|---|---|---|---|
1601
Illinois Tool Works
ITW
$80.2B
| $22.8M | ﹤0.01% |
99,156
-49,981
| -34% | -$12.2M |
|
1602
CALL
Synchrony
SYF
$26.3B
| $22.8M | ﹤0.01% |
746,400
+338,200
| +83% | +$11.3M |
|
1603
CALL
Sphere Entertainment
SPHR
$5.74B
| $22.8M | ﹤0.01% |
613,800
+121,300
| +25% | +$4.47M |
|
1604
PUT
AGNC Investment
AGNC
$12.9B
| $22.7M | ﹤0.01% |
2,408,500
+637,700
| +36% | +$6.31M |
|
1605
PUT
NRG Energy
NRG
$23.9B
| $22.7M | ﹤0.01% |
590,100
-518,500
| -47% | -$19.6M |
|
1606
CALL
CRH
CRH
$64B
| $22.7M | ﹤0.01% |
+415,000
| New | +$23.6M |
|
1607
PUT
Unilever
UL
$140B
| $22.7M | ﹤0.01% |
408,000
-109,867
| -21% | -$6.35M |
|
1608
Quanta Services
PWR
$90.8B
| $22.7M | ﹤0.01% |
121,181
-7,312
| -6% | -$1.47M |
|
1609
PUT
Yeti Holdings
YETI
$3.11B
| $22.6M | ﹤0.01% |
469,200
+236,400
| +102% | +$10.5M |
|
1610
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $22.6M | ﹤0.01% |
+67,466
| New | +$23.4M |
|
1611
PUT
Asana
ASAN
$2.18B
| $22.6M | ﹤0.01% |
1,233,900
+198,800
| +19% | +$4.16M |
|
1612
CALL
Labcorp
LH
$27.4B
| $22.6M | ﹤0.01% |
112,200
-64,262
| -36% | -$13.6M |
|
|
CYBR
1613
CALL
DELISTED
CyberArk
CYBR
| $22.5M | ﹤0.01% |
137,600
+52,900
| +62% | +$8.5M |
|
1614
Burlington
BURL
$19.8B
| $22.5M | ﹤0.01% |
166,467
+107,869
| +184% | +$17.3M |
|
1615
Equifax
EFX
$22.5B
| $22.5M | ﹤0.01% |
122,628
+75,571
| +161% | +$15.4M |
|
1616
PUT
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $22.4M | ﹤0.01% |
217,200
-5,200
| -2% | -$558K |
|
1617
NiSource
NI
$19.5B
| $22.4M | ﹤0.01% |
908,461
+259,510
| +40% | +$7.01M |
|
1618
CALL
Albertsons Companies
ACI
$6.01B
| $22.4M | ﹤0.01% |
985,100
-437,800
| -31% | -$9.77M |
|
|
1619
CALL
Unilever
UL
$140B
| $22.4M | ﹤0.01% |
403,022
+72,978
| +22% | +$4.22M |
|
1620
Intercontinental Exchange
ICE
$90.8B
| $22.4M | ﹤0.01% |
203,532
+54,098
| +36% | +$6.2M |
|
1621
CALL
Otis Worldwide
OTIS
$27.2B
| $22.4M | ﹤0.01% |
278,600
+123,500
| +80% | +$10.6M |
|
1622
Rockwell Automation
ROK
$47.7B
| $22.3M | ﹤0.01% |
78,161
+3,728
| +5% | +$1.15M |
|
1623
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $22.3M | ﹤0.01% |
253,006
+222,172
| +721% | +$18.9M |
|
1624
CALL
Toll Brothers
TOL
$13.9B
| $22.3M | ﹤0.01% |
301,600
-74,600
| -20% | -$5.89M |
|
1625
PUT
TKO Group
TKO
$14.1B
| $22.3M | ﹤0.01% |
+264,800
| New | +$24.6M |
|
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.