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 | |
|---|---|---|---|---|---|---|
2201
PUT
Alexandria Real Estate Equities
ARE
$9.12B
| $13.2M | ﹤0.01% |
132,100
+52,900
| +67% | +$6.15M |
|
2202
Ovintiv
OVV
$17.8B
| $13.2M | ﹤0.01% |
277,549
+206,814
| +292% | +$9.37M |
|
2203
PUT
Trane Technologies
TT
$102B
| $13.1M | ﹤0.01% |
64,800
+10,900
| +20% | +$2.18M |
|
2204
PUT
ProShares Ultra S&P500
SSO
$8.42B
| $13.1M | ﹤0.01% |
492,200
+106,000
| +27% | +$3.08M |
|
2205
Watsco Inc
WSO
$13B
| $13.1M | ﹤0.01% |
34,762
-3,954
| -10% | -$1.43M |
|
2206
CALL
iShares Russell 3000 ETF
IWV
$20.2B
| $13.1M | ﹤0.01% |
53,500
+10,500
| +24% | +$2.68M |
|
2207
CALL
Ollie's Bargain Outlet
OLLI
$4.49B
| $13.1M | ﹤0.01% |
169,800
-52,200
| -24% | -$3.81M |
|
2208
PUT
Valley National Bancorp
VLY
$7.79B
| $13.1M | ﹤0.01% |
1,529,400
-566,200
| -27% | -$5.14M |
|
2209
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.32B
| $13.1M | ﹤0.01% |
81,900
-80,700
| -50% | -$13.4M |
|
2210
PUT
Tenet Healthcare
THC
$22.1B
| $13M | ﹤0.01% |
197,900
-159,000
| -45% | -$11.9M |
|
2211
CALL
Celanese
CE
$4.91B
| $13M | ﹤0.01% |
103,500
-128,400
| -55% | -$15.8M |
|
2212
Flex
FLEX
$41.3B
| $13M | ﹤0.01% |
638,953
+209,229
| +49% | +$4.24M |
|
2213
CALL
Unum
UNM
$14.5B
| $13M | ﹤0.01% |
263,900
-79,400
| -23% | -$3.88M |
|
2214
PUT
Sempra
SRE
$55.8B
| $13M | ﹤0.01% |
190,700
-43,500
| -19% | -$3.14M |
|
2215
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.6B
| $13M | ﹤0.01% |
614,742
+523,518
| +574% | +$11.3M |
|
2216
PUT
Constellation Energy
CEG
$99B
| $13M | ﹤0.01% |
118,900
-67,800
| -36% | -$6.99M |
|
2217
D.R. Horton
DHI
$41.7B
| $13M | ﹤0.01% |
120,561
-47,051
| -28% | -$5.63M |
|
2218
PUT
Autohome
ATHM
$2.55B
| $13M | ﹤0.01% |
426,800
+349,400
| +451% | +$10.5M |
|
|
SUM
2219
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $12.9M | ﹤0.01% |
415,856
+353,596
| +568% | +$12.6M |
|
2220
PUT
WillScot Mobile Mini Holdings
WSC
$3.87B
| $12.9M | ﹤0.01% |
311,000
+46,600
| +18% | +$2.05M |
|
2221
PUT
Acadia Pharmaceuticals
ACAD
$5.1B
| $12.9M | ﹤0.01% |
620,400
+564,100
| +1,002% | +$15.3M |
|
2222
PUT
Regions Financial
RF
$26.2B
| $12.9M | ﹤0.01% |
750,100
-143,100
| -16% | -$2.71M |
|
2223
PUT
CSX Corp
CSX
$95.9B
| $12.9M | ﹤0.01% |
419,500
-17,500
| -4% | -$554K |
|
|
MASI
2224
CALL
DELISTED
Masimo
MASI
| $12.9M | ﹤0.01% |
147,100
+90,200
| +159% | +$10.5M |
|
2225
ProShares VIX Short-Term Futures ETF
VIXY
$218M
| $12.9M | ﹤0.01% |
+137,998
| New | +$13M |
|
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.