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 | |
|---|---|---|---|---|---|---|
2326
CALL
Snap-on
SNA
$20.6B
| $11.8M | ﹤0.01% |
46,300
+3,000
| +7% | +$811K |
|
|
DQ
2327
CALL
Daqo New Energy
DQ
$915M
| $11.8M | ﹤0.01% |
390,100
+155,400
| +66% | +$5.54M |
|
2328
CALL
Jackson Financial
JXN
$9.05B
| $11.8M | ﹤0.01% |
308,600
+141,600
| +85% | +$4.95M |
|
2329
JB Hunt Transport Services
JBHT
$24.8B
| $11.8M | ﹤0.01% |
62,535
+31,553
| +102% | +$6.06M |
|
2330
CALL
Genuine Parts
GPC
$19.2B
| $11.8M | ﹤0.01% |
81,600
-90,500
| -53% | -$14.1M |
|
2331
Vanguard FTSE Europe ETF
VGK
$31.2B
| $11.8M | ﹤0.01% |
203,225
+102,691
| +102% | +$6.26M |
|
|
2332
Snap-on
SNA
$20.6B
| $11.8M | ﹤0.01% |
46,128
+19,297
| +72% | +$5.21M |
|
2333
F5
FFIV
$22.6B
| $11.8M | ﹤0.01% |
72,996
-2,951
| -4% | -$462K |
|
2334
Charles River Laboratories
CRL
$14.1B
| $11.8M | ﹤0.01% |
59,989
+21,416
| +56% | +$4.4M |
|
2335
PUT
Banco Bradesco
BBD
$34.5B
| $11.8M | ﹤0.01% |
4,123,660
+885,300
| +27% | +$2.8M |
|
2336
PUT
ProShares Short S&P500
SH
$830M
| $11.7M | ﹤0.01% |
202,950
-10,750
| -5% | -$600K |
|
|
DQ
2337
PUT
Daqo New Energy
DQ
$915M
| $11.7M | ﹤0.01% |
387,000
+171,000
| +79% | +$6.1M |
|
2338
CALL
Skywest
SKYW
$3.92B
| $11.7M | ﹤0.01% |
278,400
+161,500
| +138% | +$6.77M |
|
2339
CALL
iShares S&P 500 Growth ETF
IVW
$76B
| $11.7M | ﹤0.01% |
170,600
-378,300
| -69% | -$26.8M |
|
2340
CALL
Sanofi
SNY
$109B
| $11.7M | ﹤0.01% |
217,400
-22,700
| -9% | -$1.21M |
|
2341
UGI
UGI
$8.25B
| $11.7M | ﹤0.01% |
506,986
+215,604
| +74% | +$5.35M |
|
2342
PUT
iQIYI
IQ
$948M
| $11.7M | ﹤0.01% |
2,458,500
-104,000
| -4% | -$542K |
|
2343
CoStar Group
CSGP
$13B
| $11.6M | ﹤0.01% |
151,498
-55,541
| -27% | -$4.6M |
|
2344
CALL
Itaú Unibanco
ITUB
$83.9B
| $11.6M | ﹤0.01% |
2,457,024
+527,638
| +27% | +$2.63M |
|
2345
PUT
Blackstone Mortgage Trust
BXMT
$2.35B
| $11.6M | ﹤0.01% |
535,000
+253,900
| +90% | +$5.63M |
|
|
CMA
2346
CALL
DELISTED
Comerica
CMA
| $11.6M | ﹤0.01% |
280,000
-508,700
| -64% | -$24.1M |
|
2347
CALL
Gartner
IT
$12.2B
| $11.6M | ﹤0.01% |
33,800
+12,200
| +56% | +$4.26M |
|
2348
CALL
Huntington Ingalls Industries
HII
$11.7B
| $11.6M | ﹤0.01% |
56,700
-38,500
| -40% | -$8.5M |
|
2349
PUT
Ares Capital
ARCC
$14.3B
| $11.6M | ﹤0.01% |
594,800
-1,062,100
| -64% | -$20.6M |
|
2350
CALL
Ionis Pharmaceuticals
IONS
$10.5B
| $11.6M | ﹤0.01% |
255,200
+111,100
| +77% | +$4.58M |
|
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.