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 | |
|---|---|---|---|---|---|---|
|
JKS
2826
CALL
JinkoSolar
JKS
$697M
| $7.78M | ﹤0.01% |
175,300
+91,800
| +110% | +$4.15M |
|
2827
CALL
iShares MSCI China ETF
MCHI
$6.24B
| $7.77M | ﹤0.01% |
173,700
-143,100
| -45% | -$6.69M |
|
2828
PUT
Global E Online
GLBE
$6.67B
| $7.74M | ﹤0.01% |
189,000
-176,000
| -48% | -$5.79M |
|
2829
Snap-on
SNA
$20.2B
| $7.73M | ﹤0.01% |
26,831
-8,075
| -23% | -$2.09M |
|
2830
CALL
PennyMac Financial
PFSI
$3.84B
| $7.71M | ﹤0.01% |
109,700
-26,500
| -19% | -$1.68M |
|
2831
CALL
Incyte
INCY
$25.3B
| $7.7M | ﹤0.01% |
123,700
-65,000
| -34% | -$4.34M |
|
2832
CALL
M/I Homes
MHO
$3.81B
| $7.7M | ﹤0.01% |
88,300
-30,000
| -25% | -$2.12M |
|
2833
Willis Towers Watson
WTW
$32B
| $7.7M | ﹤0.01% |
32,681
-20,965
| -39% | -$4.83M |
|
2834
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.7B
| $7.69M | ﹤0.01% |
163,500
+89,000
| +119% | +$3.84M |
|
2835
Invesco Variable Rate Preferred ETF
VRP
$3.03B
| $7.68M | ﹤0.01% |
+345,298
| New | +$7.63M |
|
2836
Hewlett Packard
HPE
$69.7B
| $7.68M | ﹤0.01% |
456,977
-853,530
| -65% | -$13.1M |
|
2837
CALL
RingCentral
RNG
$5.79B
| $7.68M | ﹤0.01% |
234,500
-80,200
| -25% | -$2.46M |
|
2838
CALL
Teradata
TDC
$2.66B
| $7.68M | ﹤0.01% |
143,700
+53,900
| +60% | +$2.43M |
|
2839
BlackBerry
BB
$4.8B
| $7.67M | ﹤0.01% |
1,387,696
+770,913
| +125% | +$3.73M |
|
2840
Arcus Biosciences
RCUS
$3.74B
| $7.67M | ﹤0.01% |
377,472
+115,352
| +44% | +$2.2M |
|
2841
PJT Partners
PJT
$4.62B
| $7.66M | ﹤0.01% |
109,978
+71,929
| +189% | +$4.97M |
|
2842
CALL
Xylem
XYL
$25.9B
| $7.64M | ﹤0.01% |
67,800
-500
| -0.7% | -$52.9K |
|
2843
PUT
Sprouts Farmers Market
SFM
$7.71B
| $7.63M | ﹤0.01% |
207,600
-43,600
| -17% | -$1.52M |
|
2844
CALL
Cinemark Holdings
CNK
$4.22B
| $7.62M | ﹤0.01% |
462,100
-174,900
| -27% | -$2.91M |
|
|
GMS
2845
DELISTED
GMS Inc
GMS
| $7.62M | ﹤0.01% |
110,178
+91,458
| +489% | +$5.65M |
|
2846
MaxLinear
MXL
$5.58B
| $7.62M | ﹤0.01% |
241,526
+152,970
| +173% | +$4.42M |
|
2847
PUT
Marqeta
MQ
$1.71B
| $7.61M | ﹤0.01% |
390,625
-739,950
| -65% | -$13.4M |
|
2848
PUT
SiTime
SITM
$17.1B
| $7.61M | ﹤0.01% |
64,500
+60,200
| +1,400% | +$6.57M |
|
2849
Tandem Diabetes Care
TNDM
$1.5B
| $7.6M | ﹤0.01% |
309,835
+122,513
| +65% | +$3.94M |
|
2850
Entegris
ENTG
$20.7B
| $7.6M | ﹤0.01% |
68,601
-154,745
| -69% | -$14.1M |
|
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.