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 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 90.23% |
| 2 | Technology | 2.7% |
| 3 | Consumer Discretionary | 1.66% |
| 4 | Financials | 1.18% |
| 5 | Communication Services | 1.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.5B
| $9.83M | ﹤0.01% |
42,796
+24,263
| +131% | +$5.28M |
|
2502
PUT
Mohawk Industries
MHK
$8.79B
| $9.81M | ﹤0.01% |
95,100
+62,700
| +194% | +$6.15M |
|
2503
Sociedad Química y Minera de Chile
SQM
$23B
| $9.79M | ﹤0.01% |
134,823
-70,604
| -34% | -$5.02M |
|
2504
PUT
Deutsche Bank
DB
$75.3B
| $9.77M | ﹤0.01% |
928,000
-2,913,400
| -76% | -$30.7M |
|
|
IAS
2505
DELISTED
Integral Ad Science
IAS
| $9.76M | ﹤0.01% |
542,910
+382,174
| +238% | +$6.45M |
|
2506
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.22B
| $9.76M | ﹤0.01% |
428,700
+82,577
| +24% | +$1.9M |
|
2507
PUT
Vanguard FTSE Europe ETF
VGK
$31B
| $9.75M | ﹤0.01% |
158,100
-43,300
| -21% | -$2.69M |
|
2508
VICI Properties
VICI
$28.4B
| $9.75M | ﹤0.01% |
310,315
-293,578
| -49% | -$9.42M |
|
2509
CALL
Iridium Communications
IRDM
$5.05B
| $9.75M | ﹤0.01% |
157,000
+73,500
| +88% | +$4.55M |
|
2510
Kohl's
KSS
$2.06B
| $9.75M | ﹤0.01% |
422,860
+396,652
| +1,513% | +$8.58M |
|
2511
CALL
Hercules Capital
HTGC
$3.28B
| $9.74M | ﹤0.01% |
658,300
+130,800
| +25% | +$1.79M |
|
2512
MSCI
MSCI
$41.4B
| $9.73M | ﹤0.01% |
20,731
-27,541
| -57% | -$13.4M |
|
|
SAVE
2513
DELISTED
Spirit Airlines, Inc.
SAVE
| $9.73M | ﹤0.01% |
566,877
+156,507
| +38% | +$2.56M |
|
2514
CALL
Guardant Health
GH
$22.6B
| $9.71M | ﹤0.01% |
271,100
-56,400
| -17% | -$1.62M |
|
2515
Allegion
ALLE
$13.6B
| $9.7M | ﹤0.01% |
80,822
+29,200
| +57% | +$3.19M |
|
2516
CALL
Rapid7
RPD
$910M
| $9.7M | ﹤0.01% |
214,200
+147,100
| +219% | +$6.82M |
|
2517
PUT
Urban Outfitters
URBN
$6.75B
| $9.7M | ﹤0.01% |
292,700
+263,000
| +886% | +$7.67M |
|
|
DEN
2518
DELISTED
Denbury Inc.
DEN
| $9.68M | ﹤0.01% |
112,234
+22,245
| +25% | +$2.02M |
|
2519
Valaris
VAL
$5.93B
| $9.68M | ﹤0.01% |
153,837
+69,932
| +83% | +$4.22M |
|
2520
PUT
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $9.67M | ﹤0.01% |
105,100
+25,000
| +31% | +$2.29M |
|
|
2521
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.5B
| $9.67M | ﹤0.01% |
42,100
+1,000
| +2% | +$218K |
|
2522
PUT
IonQ
IONQ
$17.2B
| $9.66M | ﹤0.01% |
714,100
+584,300
| +450% | +$4.86M |
|
2523
CALL
Boot Barn
BOOT
$4.71B
| $9.65M | ﹤0.01% |
114,000
+33,400
| +41% | +$2.45M |
|
2524
PUT
Stellantis
STLA
$19.9B
| $9.65M | ﹤0.01% |
550,400
-878,000
| -61% | -$14.7M |
|
2525
CALL
Symbotic
SYM
$5.34B
| $9.65M | ﹤0.01% |
225,400
+196,400
| +677% | +$6.45M |
|
Similar funds
Jeff Yass's Q2 2023 Portfolio in Review
As of Q2 2023, Jeff Yass held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2023 filing shows 1,371 new, 4,862 increased, 5,559 reduced and 1,866 closed positions. Its largest new stake was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M. The largest sale was Invesco QQQ Trust, an estimated $2.48B.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 90% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Jeff Yass added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Jeff Yass's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Jeff Yass fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Jeff Yass's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Jeff Yass opened 1,371 new positions and closed 1,866 in Q2 2023.
- Jeff Yass's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.