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 | |
|---|---|---|---|---|---|---|
1951
PUT
Jabil
JBL
$32.3B
| $16.4M | ﹤0.01% |
129,300
+31,400
| +32% | +$3.43M |
|
1952
Plug Power
PLUG
$3.17B
| $16.3M | ﹤0.01% |
2,150,889
+1,198,349
| +126% | +$11.7M |
|
1953
CALL
StoneCo
STNE
$2.26B
| $16.3M | ﹤0.01% |
1,531,700
+157,200
| +11% | +$1.93M |
|
1954
CALL
Mattel
MAT
$4.36B
| $16.3M | ﹤0.01% |
741,700
+371,000
| +100% | +$7.92M |
|
1955
CALL
PTC
PTC
$16.4B
| $16.3M | ﹤0.01% |
115,300
+9,900
| +9% | +$1.42M |
|
|
KRTX
1956
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $16.3M | ﹤0.01% |
96,600
-6,200
| -6% | -$1.17M |
|
1957
CALL
Costamare
CMRE
$1.91B
| $16.3M | ﹤0.01% |
1,696,800
-119,800
| -7% | -$1.22M |
|
1958
Lennar Class A
LEN
$21.1B
| $16.3M | ﹤0.01% |
149,946
+4,127
| +3% | +$484K |
|
1959
PUT
Fidelity National Information Services
FIS
$20.9B
| $16.3M | ﹤0.01% |
294,700
-200,600
| -41% | -$11.5M |
|
1960
CALL
First Horizon
FHN
$11.6B
| $16.3M | ﹤0.01% |
1,478,000
-439,100
| -23% | -$5.44M |
|
|
CNR
1961
Core Natural Resources Inc
CNR
$4.81B
| $16.3M | ﹤0.01% |
155,248
+79,693
| +105% | +$6.51M |
|
1962
Huntsman Corp
HUN
$1.67B
| $16.3M | ﹤0.01% |
666,785
+413,343
| +163% | +$11.2M |
|
1963
CALL
Frontline
FRO
$9.68B
| $16.3M | ﹤0.01% |
866,200
+428,700
| +98% | +$7.21M |
|
|
AVB
1964
CALL
DELISTED
AvalonBay Communities
AVB
| $16.3M | ﹤0.01% |
94,700
+64,000
| +208% | +$11.8M |
|
1965
Celsius Holdings
CELH
$8.94B
| $16.2M | ﹤0.01% |
284,079
-127,362
| -31% | -$7.16M |
|
1966
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $16.2M | ﹤0.01% |
117,800
-85,100
| -42% | -$12.2M |
|
1967
Rivian
RIVN
$24.2B
| $16.2M | ﹤0.01% |
668,781
-718,427
| -52% | -$16.8M |
|
1968
PUT
Yum China
YUMC
$16.6B
| $16.2M | ﹤0.01% |
291,300
+184,100
| +172% | +$10.3M |
|
1969
Check Point Software Technologies
CHKP
$13.2B
| $16.2M | ﹤0.01% |
121,750
-11,413
| -9% | -$1.5M |
|
1970
CALL
InMode
INMD
$865M
| $16.2M | ﹤0.01% |
532,000
-132,800
| -20% | -$5.21M |
|
1971
CALL
Agilent Technologies
A
$43.7B
| $16.2M | ﹤0.01% |
144,900
+52,300
| +56% | +$6.27M |
|
1972
CALL
ProShares UltraPro Dow 30
UDOW
$874M
| $16.2M | ﹤0.01% |
601,400
-59,000
| -9% | -$1.78M |
|
1973
Tower Semiconductor
TSEM
$24B
| $16.2M | ﹤0.01% |
657,841
+641,981
| +4,048% | +$20.6M |
|
|
1974
Fidelity National Information Services
FIS
$20.9B
| $16.2M | ﹤0.01% |
292,206
-116,474
| -29% | -$6.7M |
|
1975
Applovin
APP
$104B
| $16.1M | ﹤0.01% |
404,018
+373,064
| +1,205% | +$13.2M |
|
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.