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 | |
|---|---|---|---|---|---|---|
2351
PUT
LPL Financial
LPLA
$28.4B
| $11.5M | ﹤0.01% |
48,600
-2,700
| -5% | -$627K |
|
2352
Sunrun
RUN
$2.2B
| $11.5M | ﹤0.01% |
918,797
-37,853
| -4% | -$622K |
|
2353
CALL
BioMarin Pharmaceuticals
BMRN
$12.7B
| $11.5M | ﹤0.01% |
130,400
+62,300
| +91% | +$5.54M |
|
2354
Shift4
FOUR
$3.65B
| $11.5M | ﹤0.01% |
208,290
+100,439
| +93% | +$6.12M |
|
2355
TG Therapeutics
TGTX
$8.42B
| $11.5M | ﹤0.01% |
1,377,761
+499,976
| +57% | +$6.97M |
|
2356
PUT
Sanofi
SNY
$109B
| $11.5M | ﹤0.01% |
214,100
+22,900
| +12% | +$1.22M |
|
2357
CALL
HEICO Corp
HEI
$48.4B
| $11.5M | ﹤0.01% |
70,900
+29,400
| +71% | +$4.99M |
|
2358
Fluor
FLR
$6.96B
| $11.5M | ﹤0.01% |
312,800
-114,166
| -27% | -$3.82M |
|
2359
PUT
dLocal
DLO
$4.52B
| $11.5M | ﹤0.01% |
598,600
+190,700
| +47% | +$3.25M |
|
2360
CALL
Church & Dwight Co
CHD
$24.4B
| $11.5M | ﹤0.01% |
125,200
+79,700
| +175% | +$7.63M |
|
2361
Gartner
IT
$12.2B
| $11.5M | ﹤0.01% |
33,360
+12,054
| +57% | +$4.2M |
|
2362
PUT
Forward Air
FWRD
$596M
| $11.4M | ﹤0.01% |
+166,500
| New | +$14.7M |
|
2363
PUT
Brinker International
EAT
$10.3B
| $11.4M | ﹤0.01% |
362,300
+120,600
| +50% | +$4.22M |
|
2364
Insulet
PODD
$9.94B
| $11.4M | ﹤0.01% |
71,696
+21,650
| +43% | +$4.85M |
|
2365
Everest Group
EG
$14.6B
| $11.4M | ﹤0.01% |
30,703
-403
| -1% | -$146K |
|
2366
Northern Trust
NTRS
$34.3B
| $11.4M | ﹤0.01% |
164,169
+111,473
| +212% | +$8.42M |
|
2367
PUT
DoubleVerify
DV
$2.06B
| $11.4M | ﹤0.01% |
407,700
+284,600
| +231% | +$9.73M |
|
|
JWN
2368
CALL
DELISTED
Nordstrom
JWN
| $11.4M | ﹤0.01% |
762,100
-70,200
| -8% | -$1.29M |
|
2369
CALL
Groupon
GRPN
$775M
| $11.4M | ﹤0.01% |
741,200
+284,800
| +62% | +$2.77M |
|
2370
PUT
International Paper
IP
$21.9B
| $11.4M | ﹤0.01% |
320,100
+136,400
| +74% | +$4.64M |
|
2371
Credit Acceptance
CACC
$6.16B
| $11.3M | ﹤0.01% |
24,667
+17,945
| +267% | +$9.09M |
|
2372
CALL
FMC
FMC
$1.39B
| $11.3M | ﹤0.01% |
169,300
+97,300
| +135% | +$8.43M |
|
2373
CALL
Immunovant
IMVT
$9.07B
| $11.3M | ﹤0.01% |
294,700
+133,500
| +83% | +$3.02M |
|
2374
CALL
PennyMac Financial
PFSI
$3.79B
| $11.3M | ﹤0.01% |
169,800
+60,100
| +55% | +$4.32M |
|
|
LAC
2375
CALL
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $11.3M | ﹤0.01% |
663,900
-52,700
| -7% | -$995K |
|
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.