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 | |
|---|---|---|---|---|---|---|
1826
Pan American Silver
PAAS
$22.5B
| $18.4M | ﹤0.01% |
1,267,361
-302,698
| -19% | -$4.74M |
|
1827
PUT
Ralph Lauren
RL
$21.6B
| $18.3M | ﹤0.01% |
157,900
-13,200
| -8% | -$1.6M |
|
1828
CALL
NetEase
NTES
$82.5B
| $18.3M | ﹤0.01% |
183,000
+46,900
| +34% | +$4.81M |
|
1829
PUT
ProShares UltraPro Dow 30
UDOW
$874M
| $18.3M | ﹤0.01% |
680,600
+60,400
| +10% | +$1.83M |
|
1830
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $18.3M | ﹤0.01% |
194,000
-194,900
| -50% | -$19.5M |
|
1831
CALL
Gold Fields
GFI
$43.7B
| $18.3M | ﹤0.01% |
1,684,000
+184,900
| +12% | +$2.44M |
|
1832
PUT
Coherent
COHR
$56.4B
| $18.3M | ﹤0.01% |
560,200
+16,000
| +3% | +$657K |
|
1833
PUT
Intercontinental Exchange
ICE
$90.8B
| $18.3M | ﹤0.01% |
166,100
+52,000
| +46% | +$5.96M |
|
1834
PUT
Build-A-Bear
BBW
$494M
| $18.3M | ﹤0.01% |
621,000
+581,400
| +1,468% | +$14.7M |
|
1835
Martin Marietta Materials
MLM
$37.8B
| $18.3M | ﹤0.01% |
44,485
+6,090
| +16% | +$2.69M |
|
1836
PUT
Shake Shack
SHAK
$2.99B
| $18.3M | ﹤0.01% |
314,400
+79,800
| +34% | +$5.67M |
|
1837
CALL
Ambarella
AMBA
$3.1B
| $18.2M | ﹤0.01% |
343,700
+101,000
| +42% | +$7.09M |
|
1838
CALL
Factset
FDS
$10.5B
| $18.2M | ﹤0.01% |
41,600
+6,900
| +20% | +$2.94M |
|
1839
Lyft
LYFT
$6.68B
| $18.2M | ﹤0.01% |
1,724,185
-1,698,641
| -50% | -$18.9M |
|
1840
CALL
Caleres
CAL
$438M
| $18.1M | ﹤0.01% |
630,900
+454,700
| +258% | +$12.1M |
|
1841
Parker-Hannifin
PH
$128B
| $18.1M | ﹤0.01% |
46,552
+8,603
| +23% | +$3.46M |
|
1842
TransDigm Group
TDG
$65.9B
| $18.1M | ﹤0.01% |
21,483
-4,077
| -16% | -$3.58M |
|
1843
PUT
Emerson Electric
EMR
$86.4B
| $18.1M | ﹤0.01% |
187,100
-22,900
| -11% | -$2.18M |
|
|
AYX
1844
DELISTED
Alteryx Inc
AYX
| $18M | ﹤0.01% |
478,785
-1,559,805
| -77% | -$55.9M |
|
|
NATI
1845
DELISTED
National Instruments Corp
NATI
| $18M | ﹤0.01% |
302,587
+243,824
| +415% | +$14.3M |
|
1846
PUT
Crown Castle
CCI
$32.5B
| $18M | ﹤0.01% |
196,000
-56,200
| -22% | -$5.82M |
|
1847
PUT
Yum! Brands
YUM
$42.6B
| $18M | ﹤0.01% |
144,100
+51,700
| +56% | +$6.8M |
|
1848
CALL
Texas Roadhouse
TXRH
$13.3B
| $18M | ﹤0.01% |
187,300
+90,100
| +93% | +$9.59M |
|
1849
PUT
Campbell Soup
CPB
$7B
| $18M | ﹤0.01% |
437,400
-263,900
| -38% | -$11.5M |
|
1850
GameStop
GME
$8.12B
| $17.9M | ﹤0.01% |
1,089,671
+1,052,682
| +2,846% | +$21M |
|
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.