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 | |
|---|---|---|---|---|---|---|
1851
PUT
Ecolab
ECL
$81.2B
| $17.9M | ﹤0.01% |
105,700
-27,400
| -21% | -$4.98M |
|
1852
Teradyne
TER
$57.3B
| $17.9M | ﹤0.01% |
178,161
-23,884
| -12% | -$2.52M |
|
1853
PUT
Teladoc Health
TDOC
$1.12B
| $17.9M | ﹤0.01% |
962,000
+210,000
| +28% | +$4.9M |
|
1854
CALL
Bank of Montreal
BMO
$121B
| $17.8M | ﹤0.01% |
210,700
+45,600
| +28% | +$4.01M |
|
1855
Moody's
MCO
$88.9B
| $17.8M | ﹤0.01% |
56,153
-39,202
| -41% | -$13.3M |
|
|
AKRO
1856
DELISTED
Akero Therapeutics
AKRO
| $17.7M | ﹤0.01% |
350,909
+256,446
| +271% | +$11.9M |
|
1857
PUT
Bilibili
BILI
$6.93B
| $17.7M | ﹤0.01% |
1,288,900
+138,500
| +12% | +$2.14M |
|
1858
CALL
Arthur J. Gallagher & Co
AJG
$68.8B
| $17.7M | ﹤0.01% |
77,800
-13,800
| -15% | -$3.09M |
|
|
GTLS
1859
CALL
DELISTED
Chart Industries
GTLS
| $17.7M | ﹤0.01% |
104,800
+47,300
| +82% | +$7.95M |
|
1860
KeyCorp
KEY
$23.4B
| $17.7M | ﹤0.01% |
1,647,007
-44,017
| -3% | -$487K |
|
1861
PUT
Baxter International
BAX
$13.6B
| $17.7M | ﹤0.01% |
469,500
-460,900
| -50% | -$19.6M |
|
1862
PUT
Vertiv
VRT
$98.5B
| $17.7M | ﹤0.01% |
476,200
+208,000
| +78% | +$6.86M |
|
1863
Trane Technologies
TT
$100B
| $17.7M | ﹤0.01% |
87,292
+18,163
| +26% | +$3.64M |
|
1864
PUT
Southern Copper
SCCO
$186B
| $17.7M | ﹤0.01% |
256,758
+129,580
| +102% | +$9.36M |
|
1865
CALL
KBR
KBR
$4.75B
| $17.7M | ﹤0.01% |
300,100
+266,000
| +780% | +$16.4M |
|
1866
CALL
Bank OZK
OZK
$5.36B
| $17.7M | ﹤0.01% |
476,800
-9,100
| -2% | -$369K |
|
1867
PUT
iShares Select Dividend ETF
DVY
$23.9B
| $17.7M | ﹤0.01% |
164,200
-21,200
| -11% | -$2.41M |
|
1868
CALL
Lear
LEA
$8.23B
| $17.7M | ﹤0.01% |
131,700
+66,800
| +103% | +$9.66M |
|
1869
PUT
iShares US Technology ETF
IYW
$24.8B
| $17.7M | ﹤0.01% |
168,300
+124,400
| +283% | +$13.5M |
|
1870
PUT
Bumble
BMBL
$375M
| $17.6M | ﹤0.01% |
1,182,700
+860,900
| +268% | +$14.6M |
|
|
DAY
1871
CALL
DELISTED
Dayforce
DAY
| $17.6M | ﹤0.01% |
259,900
+218,300
| +525% | +$15.4M |
|
1872
PUT
VICI Properties
VICI
$28.9B
| $17.6M | ﹤0.01% |
605,500
+444,600
| +276% | +$13.8M |
|
1873
PUT
Sunrun
RUN
$2.21B
| $17.6M | ﹤0.01% |
1,401,800
-176,300
| -11% | -$2.9M |
|
1874
DuPont de Nemours
DD
$18.4B
| $17.6M | ﹤0.01% |
188,011
+34,230
| +22% | +$3.22M |
|
1875
PUT
Genuine Parts
GPC
$19B
| $17.5M | ﹤0.01% |
121,500
+28,800
| +31% | +$4.47M |
|
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.