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 | |
|---|---|---|---|---|---|---|
|
ESTE
2376
PUT
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $11.3M | ﹤0.01% |
557,900
-160,100
| -22% | -$2.79M |
|
|
HOLX
2377
CALL
DELISTED
Hologic
HOLX
| $11.3M | ﹤0.01% |
162,700
+40,300
| +33% | +$3.05M |
|
2378
PUT
Northern Trust
NTRS
$34.3B
| $11.3M | ﹤0.01% |
162,500
+76,700
| +89% | +$5.79M |
|
2379
PUT
TFI International
TFII
$11.1B
| $11.3M | ﹤0.01% |
87,800
+11,200
| +15% | +$1.42M |
|
2380
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$59M
| $11.2M | ﹤0.01% |
54,610
-19,010
| -26% | -$3.09M |
|
2381
PUT
Alerian MLP ETF
AMLP
$13.4B
| $11.2M | ﹤0.01% |
266,500
+171,100
| +179% | +$7.02M |
|
2382
JPMorgan Ultra-Short Income ETF
JPST
$40.8B
| $11.2M | ﹤0.01% |
224,116
-172,831
| -44% | -$8.66M |
|
2383
PUT
iShares US Transportation ETF
IYT
$2.28B
| $11.2M | ﹤0.01% |
192,400
-50,400
| -21% | -$3.15M |
|
2384
CALL
Coty
COTY
$2.41B
| $11.2M | ﹤0.01% |
1,024,900
+349,000
| +52% | +$4.11M |
|
2385
CALL
Cinemark Holdings
CNK
$4.3B
| $11.2M | ﹤0.01% |
612,300
+150,200
| +33% | +$2.51M |
|
2386
PUT
Kinsale Capital Group
KNSL
$8.82B
| $11.2M | ﹤0.01% |
27,100
+10,700
| +65% | +$4.15M |
|
2387
Weyerhaeuser
WY
$17.4B
| $11.2M | ﹤0.01% |
365,650
-17,305
| -5% | -$570K |
|
2388
CALL
Perrigo
PRGO
$2.05B
| $11.2M | ﹤0.01% |
350,000
+306,300
| +701% | +$10.8M |
|
2389
CALL
Innovative Industrial Properties
IIPR
$1.57B
| $11.2M | ﹤0.01% |
147,700
-70,500
| -32% | -$5.64M |
|
2390
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $11.2M | ﹤0.01% |
266,000
+194,300
| +271% | +$8.68M |
|
2391
Trump Media & Technology Group
DJT
$2.64B
| $11.2M | ﹤0.01% |
679,861
+213,713
| +46% | +$3.33M |
|
2392
CALL
SAP
SAP
$244B
| $11.2M | ﹤0.01% |
86,300
+13,700
| +19% | +$1.86M |
|
2393
Ryder
R
$9.57B
| $11.2M | ﹤0.01% |
104,312
+76,270
| +272% | +$7.42M |
|
2394
News Corp Class A
NWSA
$16.6B
| $11.2M | ﹤0.01% |
556,137
+450,473
| +426% | +$9.13M |
|
2395
TechnipFMC
FTI
$29.7B
| $11.2M | ﹤0.01% |
548,395
-92,391
| -14% | -$1.74M |
|
2396
CALL
Blackstone Mortgage Trust
BXMT
$2.35B
| $11.1M | ﹤0.01% |
512,600
+169,600
| +49% | +$3.76M |
|
2397
CALL
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $11.1M | ﹤0.01% |
200,800
+107,700
| +116% | +$6.43M |
|
2398
CALL
Vanguard FTSE Europe ETF
VGK
$31.2B
| $11.1M | ﹤0.01% |
192,400
+115,600
| +151% | +$7.04M |
|
2399
Hartford Financial Services
HIG
$37.9B
| $11.1M | ﹤0.01% |
156,850
+64,749
| +70% | +$4.7M |
|
2400
PUT
Invesco DB US Dollar Index Bearish Fund
UDN
$102M
| $11.1M | ﹤0.01% |
604,300
+146,200
| +32% | +$2.75M |
|
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.