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 | |
|---|---|---|---|---|---|---|
2276
Allison Transmission
ALSN
$10.6B
| $12.3M | ﹤0.01% |
208,129
+55,562
| +36% | +$3.27M |
|
2277
Opendoor
OPEN
$3.31B
| $12.3M | ﹤0.01% |
4,806,365
-272,999
| -5% | -$984K |
|
|
TWNK
2278
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $12.3M | ﹤0.01% |
368,329
+183,849
| +100% | +$4.93M |
|
2279
CALL
Edison International
EIX
$28.7B
| $12.3M | ﹤0.01% |
193,600
+17,200
| +10% | +$1.2M |
|
2280
PUT
Aptiv
APTV
$9.61B
| $12.2M | ﹤0.01% |
124,100
+61,100
| +97% | +$6.32M |
|
2281
CALL
iShares Core US Aggregate Bond ETF
AGG
$139B
| $12.2M | ﹤0.01% |
130,000
+55,400
| +74% | +$5.34M |
|
2282
CALL
Markel Group
MKL
$22.5B
| $12.2M | ﹤0.01% |
8,300
-4,100
| -33% | -$6M |
|
2283
CALL
Workiva
WK
$4.05B
| $12.2M | ﹤0.01% |
120,600
+42,400
| +54% | +$4.41M |
|
2284
PUT
Raymond James Financial
RJF
$34B
| $12.2M | ﹤0.01% |
121,600
+24,000
| +25% | +$2.54M |
|
2285
Federal Realty Investment Trust
FRT
$10.2B
| $12.2M | ﹤0.01% |
134,634
+51,142
| +61% | +$5.04M |
|
2286
PUT
Madison Square Garden
MSGS
$9.59B
| $12.2M | ﹤0.01% |
69,100
-600
| -0.9% | -$113K |
|
2287
PUT
MPLX
MPLX
$60.1B
| $12.2M | ﹤0.01% |
342,300
+136,400
| +66% | +$4.76M |
|
2288
PUT
Williams Companies
WMB
$91B
| $12.2M | ﹤0.01% |
361,200
-284,700
| -44% | -$9.72M |
|
2289
TAL Education Group
TAL
$6.48B
| $12.2M | ﹤0.01% |
1,334,629
-51,914
| -4% | -$364K |
|
2290
PUT
Signet Jewelers
SIG
$3.25B
| $12.2M | ﹤0.01% |
169,200
-10,600
| -6% | -$787K |
|
2291
Alaska Air
ALK
$4.8B
| $12.1M | ﹤0.01% |
327,614
+204,580
| +166% | +$9.26M |
|
2292
American Airlines Group
AAL
$9.16B
| $12.1M | ﹤0.01% |
947,532
-397,193
| -30% | -$6.17M |
|
2293
PUT
Ollie's Bargain Outlet
OLLI
$4.49B
| $12.1M | ﹤0.01% |
157,200
-71,500
| -31% | -$5.22M |
|
2294
Fair Isaac
FICO
$24.5B
| $12.1M | ﹤0.01% |
13,936
-1,137
| -8% | -$976K |
|
2295
LPL Financial
LPLA
$28.4B
| $12.1M | ﹤0.01% |
50,927
-53,823
| -51% | -$12.5M |
|
|
VTLE
2296
PUT
DELISTED
Vital Energy
VTLE
| $12.1M | ﹤0.01% |
218,300
+73,000
| +50% | +$3.92M |
|
2297
Chord Energy
CHRD
$7.67B
| $12.1M | ﹤0.01% |
74,625
-5,609
| -7% | -$880K |
|
2298
CALL
Cincinnati Financial
CINF
$26.5B
| $12.1M | ﹤0.01% |
118,200
+37,900
| +47% | +$3.96M |
|
2299
Burford Capital
BUR
$953M
| $12.1M | ﹤0.01% |
863,128
+385,639
| +81% | +$5.25M |
|
2300
British American Tobacco
BTI
$124B
| $12M | ﹤0.01% |
382,865
-349,452
| -48% | -$11.5M |
|
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.