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 | |
|---|---|---|---|---|---|---|
2576
Flowserve
FLS
$10.4B
| $9.32M | ﹤0.01% |
250,837
-34,312
| -12% | -$1.19M |
|
|
DQ
2577
CALL
Daqo New Energy
DQ
$923M
| $9.32M | ﹤0.01% |
234,700
-45,600
| -16% | -$1.9M |
|
2578
CALL
Lear
LEA
$8.23B
| $9.32M | ﹤0.01% |
64,900
+19,800
| +44% | +$2.61M |
|
2579
M&T Bank
MTB
$34.5B
| $9.29M | ﹤0.01% |
75,061
-25,563
| -25% | -$3.09M |
|
2580
Equitable Holdings
EQH
$13.7B
| $9.29M | ﹤0.01% |
341,930
+45,091
| +15% | +$1.14M |
|
2581
PUT
Vanguard Morningstar Growth ETF
VUG
$229B
| $9.28M | ﹤0.01% |
196,800
+91,800
| +87% | +$3.98M |
|
2582
CALL
ZTO Express
ZTO
$16.1B
| $9.27M | ﹤0.01% |
369,600
-338,900
| -48% | -$9.33M |
|
2583
CALL
IQVIA
IQV
$43.2B
| $9.26M | ﹤0.01% |
41,200
+21,700
| +111% | +$4.36M |
|
|
GTLS
2584
DELISTED
Chart Industries
GTLS
| $9.26M | ﹤0.01% |
57,938
-14,647
| -20% | -$1.87M |
|
2585
CALL
Bloomin' Brands
BLMN
$894M
| $9.24M | ﹤0.01% |
343,800
+127,900
| +59% | +$3.2M |
|
2586
PUT
Vistra
VST
$46.9B
| $9.24M | ﹤0.01% |
352,100
-293,800
| -45% | -$7.18M |
|
2587
Iron Mountain
IRM
$36.5B
| $9.24M | ﹤0.01% |
162,638
-14,664
| -8% | -$803K |
|
2588
Burlington
BURL
$18.3B
| $9.22M | ﹤0.01% |
58,598
-97,937
| -63% | -$16.8M |
|
2589
PUT
Vanguard World Funds Extended Duration ETF
EDV
$3.54B
| $9.22M | ﹤0.01% |
105,900
+43,000
| +68% | +$3.75M |
|
|
CIVI
2590
CALL
DELISTED
Civitas Resources
CIVI
| $9.22M | ﹤0.01% |
132,900
+6,400
| +5% | +$443K |
|
2591
PUT
Carlyle Group
CG
$17.5B
| $9.2M | ﹤0.01% |
288,000
-1,248,900
| -81% | -$36.5M |
|
2592
Lantheus
LNTH
$6.56B
| $9.2M | ﹤0.01% |
109,637
+79,081
| +259% | +$7.1M |
|
2593
PUT
Watsco Inc
WSO
$12.9B
| $9.19M | ﹤0.01% |
24,100
+9,800
| +69% | +$3.32M |
|
2594
CRISPR Therapeutics
CRSP
$5.74B
| $9.19M | ﹤0.01% |
163,719
-133,070
| -45% | -$7.55M |
|
|
GTLS
2595
CALL
DELISTED
Chart Industries
GTLS
| $9.19M | ﹤0.01% |
57,500
-3,700
| -6% | -$473K |
|
2596
PUT
Bank of Montreal
BMO
$120B
| $9.18M | ﹤0.01% |
101,700
+13,800
| +16% | +$1.22M |
|
2597
PUT
Bank of Hawaii
BOH
$3.05B
| $9.18M | ﹤0.01% |
222,700
+165,400
| +289% | +$7.32M |
|
2598
PUT
BJs Wholesale Club
BJ
$11.4B
| $9.18M | ﹤0.01% |
145,700
-652,400
| -82% | -$45.1M |
|
2599
L3Harris
LHX
$48.8B
| $9.17M | ﹤0.01% |
46,854
-48,805
| -51% | -$9.34M |
|
2600
CALL
Wendy's
WEN
$1.49B
| $9.17M | ﹤0.01% |
421,500
-8,300
| -2% | -$185K |
|
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.