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 | |
|---|---|---|---|---|---|---|
2551
CALL
Toro Company
TTC
$9.47B
| $9.43M | ﹤0.01% |
92,800
+800
| +0.9% | +$82K |
|
2552
ProShares Ultra Bloomberg Crude Oil
UCO
$388M
| $9.43M | ﹤0.01% |
398,701
+97,163
| +32% | +$2.44M |
|
2553
CALL
Calumet Specialty Products
CLMT
$4.02B
| $9.43M | ﹤0.01% |
594,400
-386,900
| -39% | -$6.37M |
|
2554
PUT
United Therapeutics
UTHR
$22.6B
| $9.43M | ﹤0.01% |
42,700
-17,900
| -30% | -$3.96M |
|
|
SNV
2555
CALL
DELISTED
Synovus
SNV
| $9.43M | ﹤0.01% |
311,600
+231,900
| +291% | +$6.78M |
|
2556
Golar LNG
GLNG
$5.26B
| $9.43M | ﹤0.01% |
467,297
+123,248
| +36% | +$2.65M |
|
2557
PUT
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $9.42M | ﹤0.01% |
171,200
-12,000
| -7% | -$629K |
|
2558
Schrodinger
SDGR
$1.53B
| $9.41M | ﹤0.01% |
188,488
+125,750
| +200% | +$4.25M |
|
2559
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $9.39M | ﹤0.01% |
38,716
+6,555
| +20% | +$1.5M |
|
2560
CALL
BCE
BCE
$21.8B
| $9.39M | ﹤0.01% |
206,000
-294,000
| -59% | -$13.7M |
|
2561
Huntington Ingalls Industries
HII
$11.7B
| $9.39M | ﹤0.01% |
41,247
+10,539
| +34% | +$2.19M |
|
2562
CALL
KeyCorp
KEY
$23.5B
| $9.39M | ﹤0.01% |
1,015,800
-581,900
| -36% | -$6.07M |
|
2563
PUT
CoStar Group
CSGP
$12.7B
| $9.38M | ﹤0.01% |
105,400
+67,300
| +177% | +$5.2M |
|
2564
CALL
Nabors Industries
NBR
$1.36B
| $9.38M | ﹤0.01% |
100,800
-81,200
| -45% | -$8.25M |
|
2565
PUT
Ciena
CIEN
$56.6B
| $9.37M | ﹤0.01% |
220,600
+139,100
| +171% | +$6.33M |
|
2566
PUT
Viking Therapeutics
VKTX
$3.95B
| $9.37M | ﹤0.01% |
577,900
+230,300
| +66% | +$4.82M |
|
2567
AutoNation
AN
$6.57B
| $9.36M | ﹤0.01% |
56,888
+46,943
| +472% | +$6.52M |
|
|
MASI
2568
CALL
DELISTED
Masimo
MASI
| $9.36M | ﹤0.01% |
56,900
+15,800
| +38% | +$2.75M |
|
2569
KB Home
KBH
$3.35B
| $9.36M | ﹤0.01% |
181,034
+116,604
| +181% | +$5.26M |
|
2570
Cincinnati Financial
CINF
$26.5B
| $9.36M | ﹤0.01% |
96,127
-126,158
| -57% | -$13M |
|
2571
PUT
Comstock Resources
CRK
$4.29B
| $9.35M | ﹤0.01% |
806,000
+46,600
| +6% | +$485K |
|
2572
CALL
Antero Midstream
AM
$10.7B
| $9.34M | ﹤0.01% |
805,200
+67,400
| +9% | +$716K |
|
2573
CALL
Alcon
ALC
$34.9B
| $9.34M | ﹤0.01% |
113,700
+28,500
| +33% | +$2.18M |
|
2574
CALL
MarketAxess Holdings
MKTX
$5.72B
| $9.33M | ﹤0.01% |
35,700
+3,400
| +11% | +$1.01M |
|
2575
SPDR Gold Trust
GLD
$154B
| $9.32M | ﹤0.01% |
52,291
-170,730
| -77% | -$31.4M |
|
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.