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 | |
|---|---|---|---|---|---|---|
1626
PUT
Star Bulk Carriers
SBLK
$3.47B
| $22.2M | ﹤0.01% |
1,150,200
+211,300
| +23% | +$3.76M |
|
1627
CALL
GoDaddy
GDDY
$12.6B
| $22.2M | ﹤0.01% |
297,500
+70,600
| +31% | +$5.21M |
|
1628
CALL
Target Hospitality
TH
$1.73B
| $22.2M | ﹤0.01% |
1,395,100
+630,000
| +82% | +$8.88M |
|
1629
TE Connectivity
TEL
$58.3B
| $22.2M | ﹤0.01% |
179,334
+97,105
| +118% | +$13M |
|
1630
PUT
Boston Properties
BXP
$11.5B
| $22.2M | ﹤0.01% |
372,400
-80,100
| -18% | -$5.12M |
|
1631
PUT
Parker-Hannifin
PH
$128B
| $22.1M | ﹤0.01% |
56,800
-3,200
| -5% | -$1.29M |
|
|
FITB
1632
PUT
Fifth Third Bancorp
FITB
$49.8B
| $22.1M | ﹤0.01% |
871,700
+54,500
| +7% | +$1.47M |
|
1633
CALL
Freshpet
FRPT
$3.62B
| $22.1M | ﹤0.01% |
335,000
-18,000
| -5% | -$1.29M |
|
1634
CALL
OneMain Financial
OMF
$7.27B
| $22.1M | ﹤0.01% |
550,300
+28,900
| +6% | +$1.23M |
|
1635
PUT
American Eagle Outfitters
AEO
$2.8B
| $22M | ﹤0.01% |
1,327,100
+392,600
| +42% | +$5.8M |
|
1636
PUT
UBS Group
UBS
$166B
| $22M | ﹤0.01% |
894,000
+128,800
| +17% | +$3.01M |
|
1637
CALL
Tapestry
TPR
$25.9B
| $22M | ﹤0.01% |
765,900
+110,900
| +17% | +$4.06M |
|
1638
First Citizens BancShares
FCNCA
$24.4B
| $22M | ﹤0.01% |
15,942
-17,503
| -52% | -$24.1M |
|
1639
Loews
L
$22.7B
| $22M | ﹤0.01% |
346,993
+85,545
| +33% | +$5.33M |
|
1640
PUT
Vanguard Real Estate ETF
VNQ
$39.4B
| $22M | ﹤0.01% |
290,200
-188,500
| -39% | -$15.5M |
|
1641
Arthur J. Gallagher & Co
AJG
$68.8B
| $21.9M | ﹤0.01% |
96,200
+18,343
| +24% | +$4.11M |
|
1642
Vertiv
VRT
$98.5B
| $21.9M | ﹤0.01% |
589,371
+486,447
| +473% | +$16M |
|
|
DEN
1643
PUT
DELISTED
Denbury Inc.
DEN
| $21.9M | ﹤0.01% |
223,400
+145,500
| +187% | +$13.2M |
|
1644
CALL
Northern Trust
NTRS
$34.2B
| $21.9M | ﹤0.01% |
315,100
+200,100
| +174% | +$15.1M |
|
1645
Celanese
CE
$4.89B
| $21.9M | ﹤0.01% |
174,409
+43,217
| +33% | +$5.31M |
|
|
PPL
1646
PPL Corp
PPL
$26.3B
| $21.9M | ﹤0.01% |
928,228
+668,282
| +257% | +$17.3M |
|
1647
CALL
Conagra Brands
CAG
$7.81B
| $21.8M | ﹤0.01% |
796,600
+123,800
| +18% | +$3.82M |
|
1648
CALL
Global Ship Lease
GSL
$1.63B
| $21.8M | ﹤0.01% |
1,189,500
+33,300
| +3% | +$650K |
|
|
SKX
1649
PUT
DELISTED
Skechers
SKX
| $21.8M | ﹤0.01% |
445,400
-286,300
| -39% | -$14.6M |
|
1650
CALL
Invesco NASDAQ 100 ETF
QQQM
$103B
| $21.8M | ﹤0.01% |
147,900
-18,900
| -11% | -$2.88M |
|
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.