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 | |
|---|---|---|---|---|---|---|
2301
PUT
AeroVironment
AVAV
$7.46B
| $12M | ﹤0.01% |
107,800
-9,000
| -8% | -$906K |
|
2302
Willis Towers Watson
WTW
$31.9B
| $12M | ﹤0.01% |
57,534
+24,853
| +76% | +$5.3M |
|
|
NXH
2303
CALL
Neighborhood Intelligence Inc
NXH
$383M
| $12M | ﹤0.01% |
835,890
-222,530
| -21% | -$5.45M |
|
2304
CALL
Icahn Enterprises
IEP
$4.84B
| $12M | ﹤0.01% |
607,600
-188,500
| -24% | -$4.76M |
|
2305
PUT
Tidewater
TDW
$4.42B
| $12M | ﹤0.01% |
168,800
+162,000
| +2,382% | +$10.2M |
|
2306
PUT
Stellantis
STLA
$19.4B
| $12M | ﹤0.01% |
626,500
+76,100
| +14% | +$1.42M |
|
|
SPYM
2307
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $12M | ﹤0.01% |
238,200
-53,600
| -18% | -$2.8M |
|
2308
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$110B
| $12M | ﹤0.01% |
229,600
-260,800
| -53% | -$14.3M |
|
2309
PUT
Kinross Gold
KGC
$38.3B
| $11.9M | ﹤0.01% |
2,620,000
-893,500
| -25% | -$4.38M |
|
2310
Targa Resources
TRGP
$63B
| $11.9M | ﹤0.01% |
139,174
+45,235
| +48% | +$3.75M |
|
2311
HEICO Corp Class A
HEI.A
$35.8B
| $11.9M | ﹤0.01% |
92,309
-20,634
| -18% | -$2.8M |
|
2312
PUT
Perion Network
PERI
$374M
| $11.9M | ﹤0.01% |
389,200
+129,300
| +50% | +$4.34M |
|
2313
PUT
ZTO Express
ZTO
$16.2B
| $11.9M | ﹤0.01% |
493,100
+285,600
| +138% | +$7.27M |
|
2314
CALL
Cal-Maine
CALM
$3.88B
| $11.9M | ﹤0.01% |
246,000
+193,400
| +368% | +$8.99M |
|
2315
Align Technology
ALGN
$11.3B
| $11.9M | ﹤0.01% |
39,000
-36,314
| -48% | -$12.5M |
|
2316
PUT
SBA Communications
SBAC
$19.7B
| $11.9M | ﹤0.01% |
59,400
-16,900
| -22% | -$3.76M |
|
2317
CALL
iShares Russell 1000 ETF
IWB
$48.9B
| $11.9M | ﹤0.01% |
50,600
+5,200
| +11% | +$1.27M |
|
2318
AES
AES
$10.5B
| $11.9M | ﹤0.01% |
781,857
+561,769
| +255% | +$10.7M |
|
2319
PUT
Illinois Tool Works
ITW
$81.3B
| $11.9M | ﹤0.01% |
51,600
-8,500
| -14% | -$2.07M |
|
2320
PUT
Molson Coors Class B
TAP
$7.85B
| $11.9M | ﹤0.01% |
186,600
-141,700
| -43% | -$9.22M |
|
2321
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$5.63B
| $11.9M | ﹤0.01% |
275,300
-101,000
| -27% | -$5.12M |
|
2322
Keurig Dr Pepper
KDP
$43.8B
| $11.9M | ﹤0.01% |
375,728
-497,755
| -57% | -$16.4M |
|
2323
CALL
LegalZoom.com
LZ
$1.01B
| $11.8M | ﹤0.01% |
1,081,500
+234,700
| +28% | +$2.88M |
|
2324
PTC
PTC
$16.5B
| $11.8M | ﹤0.01% |
83,486
-6,317
| -7% | -$903K |
|
2325
PUT
PagSeguro Digital
PAGS
$2.49B
| $11.8M | ﹤0.01% |
1,372,900
+454,100
| +49% | +$4.27M |
|
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.