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 | |
|---|---|---|---|---|---|---|
2001
Broadridge
BR
$21.1B
| $15.9M | ﹤0.01% |
88,641
+8,127
| +10% | +$1.44M |
|
2002
Revvity
RVTY
$13.9B
| $15.9M | ﹤0.01% |
143,294
-14,706
| -9% | -$1.73M |
|
|
BPMC
2003
DELISTED
Blueprint Medicines
BPMC
| $15.8M | ﹤0.01% |
315,581
+177,592
| +129% | +$9.49M |
|
2004
PUT
Sony
SONY
$141B
| $15.8M | ﹤0.01% |
961,000
-667,000
| -41% | -$11.6M |
|
|
SWN
2005
PUT
DELISTED
Southwestern Energy Company
SWN
| $15.8M | ﹤0.01% |
2,452,700
+115,000
| +5% | +$733K |
|
2006
Noble Corp
NE
$7.32B
| $15.8M | ﹤0.01% |
312,246
-171,486
| -35% | -$8.74M |
|
2007
PUT
Matador Resources
MTDR
$6.87B
| $15.8M | ﹤0.01% |
265,800
+47,300
| +22% | +$2.76M |
|
2008
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $15.8M | ﹤0.01% |
139,682
+32,557
| +30% | +$3.72M |
|
|
JNPR
2009
DELISTED
Juniper Networks
JNPR
| $15.8M | ﹤0.01% |
568,659
-58,853
| -9% | -$1.69M |
|
2010
Hormel Foods
HRL
$13.1B
| $15.8M | ﹤0.01% |
415,332
+110,804
| +36% | +$4.37M |
|
2011
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $15.8M | ﹤0.01% |
267,900
+136,100
| +103% | +$8.64M |
|
2012
ProShares Ultra Bloomberg Natural Gas
BOIL
$411M
| $15.8M | ﹤0.01% |
29,033
+16,917
| +140% | +$10.3M |
|
2013
Regions Financial
RF
$26.1B
| $15.8M | ﹤0.01% |
917,801
+464,795
| +103% | +$8.8M |
|
2014
PUT
Dynatrace
DT
$14.5B
| $15.8M | ﹤0.01% |
337,600
-144,700
| -30% | -$7.11M |
|
2015
CALL
Alexandria Real Estate Equities
ARE
$9.1B
| $15.7M | ﹤0.01% |
157,100
-15,400
| -9% | -$1.79M |
|
2016
CALL
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$37.5M
| $15.7M | ﹤0.01% |
132,033
+58,366
| +79% | +$6.3M |
|
2017
ECARX Holdings
ECX
$428M
| $15.7M | ﹤0.01% |
5,069,836
| – | – |
|
2018
Clearway Energy Class C
CWEN
$6.67B
| $15.7M | ﹤0.01% |
742,200
+491,400
| +196% | +$12.5M |
|
2019
CALL
Starwood Property Trust
STWD
$5.97B
| $15.7M | ﹤0.01% |
810,700
+387,600
| +92% | +$7.86M |
|
|
P
2020
Everpure Inc
P
$34.2B
| $15.7M | ﹤0.01% |
439,868
+52,736
| +14% | +$1.96M |
|
2021
Surgery Partners
SGRY
$1.84B
| $15.7M | ﹤0.01% |
535,275
+29,613
| +6% | +$1.06M |
|
2022
CALL
Vermilion Energy
VET
$1.86B
| $15.6M | ﹤0.01% |
1,070,400
+227,400
| +27% | +$3.2M |
|
2023
Canadian Solar
CSIQ
$970M
| $15.6M | ﹤0.01% |
635,623
+11,007
| +2% | +$348K |
|
2024
PUT
Novavax
NVAX
$1.56B
| $15.6M | ﹤0.01% |
2,160,400
+153,700
| +8% | +$1.23M |
|
2025
Teladoc Health
TDOC
$1.12B
| $15.6M | ﹤0.01% |
838,462
+233,683
| +39% | +$5.45M |
|
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.