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 | |
|---|---|---|---|---|---|---|
|
LBRDK
1676
DELISTED
Liberty Broadband Class C
LBRDK
| $21.1M | ﹤0.01% |
231,573
+161,073
| +228% | +$14.4M |
|
1677
CALL
Tilray
TLRY
$671M
| $21.1M | ﹤0.01% |
884,710
+144,680
| +20% | +$3.41M |
|
|
EXAS
1678
CALL
DELISTED
Exact Sciences
EXAS
| $21.1M | ﹤0.01% |
309,400
-322,500
| -51% | -$27.4M |
|
1679
WIX.com
WIX
$3.6B
| $21.1M | ﹤0.01% |
229,807
-120,113
| -34% | -$10.7M |
|
1680
CALL
Shift4
FOUR
$3.79B
| $21.1M | ﹤0.01% |
380,800
-170,200
| -31% | -$10.4M |
|
1681
NetEase
NTES
$82.5B
| $21.1M | ﹤0.01% |
210,446
+136,981
| +186% | +$14M |
|
1682
Aflac
AFL
$58.2B
| $21.1M | ﹤0.01% |
274,461
+50,536
| +23% | +$3.75M |
|
1683
CALL
Star Bulk Carriers
SBLK
$3.47B
| $21M | ﹤0.01% |
1,089,800
-56,200
| -5% | -$1M |
|
1684
Sunoco
SUN
$14.1B
| $21M | ﹤0.01% |
428,771
+411,759
| +2,420% | +$18.7M |
|
1685
Inspire Medical Systems
INSP
$1.77B
| $21M | ﹤0.01% |
105,727
-81,763
| -44% | -$20.6M |
|
1686
Albemarle
ALB
$15.7B
| $21M | ﹤0.01% |
123,380
-163,630
| -57% | -$32.6M |
|
1687
Atmos Energy
ATO
$28.3B
| $20.9M | ﹤0.01% |
197,561
+89,105
| +82% | +$10.4M |
|
1688
Alcoa
AA
$13.5B
| $20.9M | ﹤0.01% |
719,743
-48,615
| -6% | -$1.52M |
|
1689
CALL
Neurocrine Biosciences
NBIX
$15.6B
| $20.9M | ﹤0.01% |
185,800
+42,000
| +29% | +$4.42M |
|
1690
PUT
Kinder Morgan
KMI
$68.9B
| $20.9M | ﹤0.01% |
1,260,700
-147,200
| -10% | -$2.54M |
|
1691
CALL
US Global Jets ETF
JETS
$808M
| $20.9M | ﹤0.01% |
1,226,300
+382,100
| +45% | +$7.54M |
|
1692
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $20.9M | ﹤0.01% |
532,100
+111,100
| +26% | +$4.54M |
|
1693
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.64B
| $20.8M | ﹤0.01% |
377,800
+97,700
| +35% | +$5.97M |
|
1694
PUT
Thor Industries
THO
$4.14B
| $20.8M | ﹤0.01% |
218,900
+93,600
| +75% | +$9.78M |
|
1695
CALL
Yelp
YELP
$1.29B
| $20.7M | ﹤0.01% |
498,800
+206,400
| +71% | +$8.68M |
|
1696
ProShares Bitcoin Strategy ETF
BITO
$1.75B
| $20.7M | ﹤0.01% |
1,501,853
-2,675,336
| -64% | -$39.2M |
|
1697
PUT
KeyCorp
KEY
$23.4B
| $20.7M | ﹤0.01% |
1,926,600
+171,000
| +10% | +$1.89M |
|
1698
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $20.7M | ﹤0.01% |
415,500
-189,500
| -31% | -$9.93M |
|
|
API
1699
Agora
API
$348M
| $20.7M | ﹤0.01% |
8,189,675
| – | – |
|
1700
CALL
West Pharmaceutical
WST
$24.5B
| $20.7M | ﹤0.01% |
55,100
-52,900
| -49% | -$20.5M |
|
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.