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 | |
|---|---|---|---|---|---|---|
2401
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.9B
| $11.1M | ﹤0.01% |
+494,742
| New | +$11.2M |
|
2402
CALL
Invitation Homes
INVH
$17.8B
| $11.1M | ﹤0.01% |
349,900
+131,400
| +60% | +$4.51M |
|
2403
Golar LNG
GLNG
$5.23B
| $11.1M | ﹤0.01% |
456,486
-10,811
| -2% | -$249K |
|
|
MAXN
2404
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $11.1M | ﹤0.01% |
9,548
+1,609
| +20% | +$3.06M |
|
2405
JPMorgan Core Plus Bond ETF
JCPB
$14.6B
| $11.1M | ﹤0.01% |
+247,646
| New | +$11.3M |
|
2406
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.48B
| $11.1M | ﹤0.01% |
414,200
+140,000
| +51% | +$4.6M |
|
2407
CALL
Trip.com Group
TCOM
$28.4B
| $11M | ﹤0.01% |
315,900
-46,800
| -13% | -$1.76M |
|
2408
CALL
United Therapeutics
UTHR
$22.2B
| $11M | ﹤0.01% |
48,800
-5,400
| -10% | -$1.24M |
|
2409
CALL
Gaming and Leisure Properties
GLPI
$12.4B
| $11M | ﹤0.01% |
241,600
+148,200
| +159% | +$7.06M |
|
2410
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $11M | ﹤0.01% |
423,000
+193,400
| +84% | +$5.18M |
|
2411
PUT
Array Technologies
ARRY
$725M
| $11M | ﹤0.01% |
495,800
+35,600
| +8% | +$773K |
|
2412
PUT
Boot Barn
BOOT
$4.84B
| $11M | ﹤0.01% |
135,300
+75,500
| +126% | +$6.79M |
|
2413
CALL
MarketAxess Holdings
MKTX
$5.72B
| $11M | ﹤0.01% |
51,400
+15,700
| +44% | +$3.81M |
|
|
SGI
2414
PUT
Somnigroup International
SGI
$13.2B
| $11M | ﹤0.01% |
253,300
+66,600
| +36% | +$2.95M |
|
2415
Seagate
STX
$192B
| $11M | ﹤0.01% |
166,304
+50,532
| +44% | +$3.25M |
|
2416
CALL
XP
XP
$9.04B
| $10.9M | ﹤0.01% |
474,500
-3,486,100
| -88% | -$87.4M |
|
2417
Vanguard Total International Bond ETF
BNDX
$82.8B
| $10.9M | ﹤0.01% |
228,372
+209,193
| +1,091% | +$10.1M |
|
2418
Sterling Infrastructure
STRL
$15.2B
| $10.9M | ﹤0.01% |
148,650
+93,077
| +167% | +$6.51M |
|
2419
PUT
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $10.9M | ﹤0.01% |
150,100
+45,000
| +43% | +$3.71M |
|
2420
Sun Communities
SUI
$15.3B
| $10.9M | ﹤0.01% |
92,203
-7,722
| -8% | -$980K |
|
2421
Ventas
VTR
$48B
| $10.9M | ﹤0.01% |
258,610
+31,302
| +14% | +$1.41M |
|
2422
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$37.7M
| $10.9M | ﹤0.01% |
91,437
+19,734
| +28% | +$2.13M |
|
2423
iShares US Home Construction ETF
ITB
$2.27B
| $10.9M | ﹤0.01% |
138,723
+53,084
| +62% | +$4.51M |
|
2424
Capital Group Growth ETF
CGGR
$25.1B
| $10.9M | ﹤0.01% |
444,250
+400,185
| +908% | +$10.2M |
|
|
AZEK
2425
DELISTED
The AZEK Co
AZEK
| $10.9M | ﹤0.01% |
365,971
+173,701
| +90% | +$5.46M |
|
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.