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 | |
|---|---|---|---|---|---|---|
1976
PUT
Johnson Controls International
JCI
$85.9B
| $16.1M | ﹤0.01% |
303,400
+130,300
| +75% | +$8.04M |
|
1977
PUT
Lamb Weston
LW
$7.61B
| $16.1M | ﹤0.01% |
174,400
+121,600
| +230% | +$12.3M |
|
1978
PUT
Freshpet
FRPT
$3.62B
| $16.1M | ﹤0.01% |
244,700
-59,400
| -20% | -$4.26M |
|
1979
CALL
AeroVironment
AVAV
$7.49B
| $16.1M | ﹤0.01% |
144,500
+60,200
| +71% | +$6.06M |
|
1980
CALL
Dutch Bros
BROS
$7.05B
| $16.1M | ﹤0.01% |
693,000
-106,000
| -13% | -$3.02M |
|
1981
CALL
Alamos Gold
AGI
$16.3B
| $16.1M | ﹤0.01% |
1,425,600
-65,000
| -4% | -$782K |
|
1982
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.57B
| $16.1M | ﹤0.01% |
603,200
-39,300
| -6% | -$1.29M |
|
1983
CALL
IQVIA
IQV
$42.7B
| $16.1M | ﹤0.01% |
81,700
+40,500
| +98% | +$8.79M |
|
1984
United Rentals
URI
$65.6B
| $16.1M | ﹤0.01% |
36,153
-24,348
| -40% | -$11.1M |
|
1985
PUT
Global X Uranium ETF
URA
$6.75B
| $16.1M | ﹤0.01% |
594,100
+108,900
| +22% | +$2.56M |
|
|
SGI
1986
CALL
Somnigroup International
SGI
$13.5B
| $16.1M | ﹤0.01% |
370,600
+272,500
| +278% | +$12.1M |
|
1987
AGNC Investment
AGNC
$12.9B
| $16M | ﹤0.01% |
1,700,189
+1,375,629
| +424% | +$13.6M |
|
|
BRSL
1988
PUT
Brightstar Lottery PLC
BRSL
$2.12B
| $16M | ﹤0.01% |
529,200
-3,700
| -0.7% | -$118K |
|
1989
PUT
Manchester United
MANU
$4.12B
| $16M | ﹤0.01% |
809,600
-111,100
| -12% | -$2.42M |
|
1990
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $16M | ﹤0.01% |
173,300
-17,300
| -9% | -$1.66M |
|
1991
CF Industries
CF
$19.3B
| $16M | ﹤0.01% |
186,428
+61,443
| +49% | +$4.85M |
|
1992
Globus Medical
GMED
$11.1B
| $16M | ﹤0.01% |
321,575
+317,993
| +8,878% | +$17.8M |
|
1993
PUT
NetApp
NTAP
$36.8B
| $16M | ﹤0.01% |
210,400
-163,000
| -44% | -$12.6M |
|
1994
PUT
Camtek
CAMT
$6.84B
| $16M | ﹤0.01% |
256,200
-121,600
| -32% | -$6M |
|
|
CIVI
1995
CALL
DELISTED
Civitas Resources
CIVI
| $15.9M | ﹤0.01% |
196,800
+63,900
| +48% | +$4.94M |
|
|
FSR
1996
CALL
DELISTED
Fisker Inc.
FSR
| $15.9M | ﹤0.01% |
2,478,700
+893,000
| +56% | +$5.43M |
|
1997
CALL
ResMed
RMD
$34.1B
| $15.9M | ﹤0.01% |
107,500
-60,200
| -36% | -$10.9M |
|
1998
Interactive Brokers
IBKR
$44.5B
| $15.9M | ﹤0.01% |
733,836
-2,812
| -0.4% | -$62.6K |
|
1999
CALL
Olin
OLN
$1.98B
| $15.9M | ﹤0.01% |
317,700
+72,500
| +30% | +$3.91M |
|
2000
CALL
Credit Acceptance
CACC
$6.27B
| $15.9M | ﹤0.01% |
34,500
-12,000
| -26% | -$6.08M |
|
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.