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 | |
|---|---|---|---|---|---|---|
|
SMAR
2076
CALL
DELISTED
Smartsheet Inc.
SMAR
| $14.7M | ﹤0.01% |
364,500
-103,800
| -22% | -$4.26M |
|
2077
PUT
Nokia
NOK
$58.1B
| $14.7M | ﹤0.01% |
3,935,600
-905,900
| -19% | -$3.57M |
|
2078
PUT
Axcelis
ACLS
$3.72B
| $14.7M | ﹤0.01% |
90,200
-8,600
| -9% | -$1.51M |
|
2079
Royalty Pharma
RPRX
$27.5B
| $14.7M | ﹤0.01% |
541,447
+156,708
| +41% | +$4.65M |
|
2080
PUT
Hawaiian Electric Industries
HE
$1.98B
| $14.7M | ﹤0.01% |
+1,191,500
| New | +$29M |
|
2081
BioNTech
BNTX
$28.3B
| $14.6M | ﹤0.01% |
134,807
+16,069
| +14% | +$1.78M |
|
2082
Simon Property Group
SPG
$70.2B
| $14.6M | ﹤0.01% |
135,138
-239,198
| -64% | -$28M |
|
2083
CALL
Hartford Financial Services
HIG
$37.9B
| $14.6M | ﹤0.01% |
205,700
+116,200
| +130% | +$8.43M |
|
2084
CALL
Shake Shack
SHAK
$2.95B
| $14.6M | ﹤0.01% |
251,100
+24,600
| +11% | +$1.75M |
|
2085
CALL
SSR Mining
SSRM
$7.77B
| $14.6M | ﹤0.01% |
1,097,100
-177,300
| -14% | -$2.57M |
|
2086
L3Harris
LHX
$49B
| $14.6M | ﹤0.01% |
83,709
+36,855
| +79% | +$6.78M |
|
|
MDC
2087
PUT
DELISTED
M.D.C. Holdings, Inc.
MDC
| $14.6M | ﹤0.01% |
353,100
+129,600
| +58% | +$6.04M |
|
2088
CALL
Northern Oil and Gas
NOG
$2.77B
| $14.5M | ﹤0.01% |
361,500
-512,600
| -59% | -$20.2M |
|
2089
State Street Materials Select Sector SPDR ETF
XLB
$8.9B
| $14.5M | ﹤0.01% |
370,050
+307,594
| +492% | +$12.6M |
|
2090
CALL
Atkore
ATKR
$3.16B
| $14.5M | ﹤0.01% |
97,400
-30,400
| -24% | -$4.59M |
|
2091
Herc Holdings
HRI
$5.22B
| $14.5M | ﹤0.01% |
122,150
+85,439
| +233% | +$11.1M |
|
2092
PUT
Revolve Group
RVLV
$1.66B
| $14.5M | ﹤0.01% |
1,067,100
-12,200
| -1% | -$194K |
|
2093
PUT
Casey's General Stores
CASY
$29.9B
| $14.5M | ﹤0.01% |
53,400
+46,500
| +674% | +$11.8M |
|
2094
Johnson Controls International
JCI
$87.4B
| $14.5M | ﹤0.01% |
272,377
+78,737
| +41% | +$4.86M |
|
2095
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $14.5M | ﹤0.01% |
164,200
-58,600
| -26% | -$5M |
|
2096
CALL
Deutsche Bank
DB
$75.6B
| $14.5M | ﹤0.01% |
1,318,400
+1,082,400
| +459% | +$11.7M |
|
2097
CALL
iQIYI
IQ
$948M
| $14.5M | ﹤0.01% |
3,051,200
+683,800
| +29% | +$3.56M |
|
2098
PUT
Nabors Industries
NBR
$1.29B
| $14.5M | ﹤0.01% |
117,400
+68,100
| +138% | +$7.92M |
|
2099
CALL
Alerian MLP ETF
AMLP
$13.4B
| $14.4M | ﹤0.01% |
342,400
-26,000
| -7% | -$1.07M |
|
2100
PUT
ResMed
RMD
$34B
| $14.4M | ﹤0.01% |
97,700
+73,500
| +304% | +$13.3M |
|
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.