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 | |
|---|---|---|---|---|---|---|
2901
Axcelis
ACLS
$3.57B
| $7.37M | ﹤0.01% |
40,195
+11,462
| +40% | +$1.65M |
|
2902
iShares US Real Estate ETF
IYR
$4.58B
| $7.36M | ﹤0.01% |
85,090
-89,114
| -51% | -$7.49M |
|
2903
Pultegroup
PHM
$24.5B
| $7.36M | ﹤0.01% |
94,790
-141,168
| -60% | -$9.57M |
|
2904
CALL
Lemonade
LMND
$4.1B
| $7.36M | ﹤0.01% |
436,700
-62,900
| -13% | -$984K |
|
2905
CALL
Xponential Fitness
XPOF
$229M
| $7.36M | ﹤0.01% |
426,400
+236,500
| +125% | +$6.69M |
|
2906
PUT
Wyndham Hotels & Resorts
WH
$5.64B
| $7.34M | ﹤0.01% |
107,100
+85,100
| +387% | +$5.81M |
|
2907
CALL
HEICO Corp
HEI
$47B
| $7.34M | ﹤0.01% |
41,500
-1,600
| -4% | -$270K |
|
2908
CALL
Box
BOX
$4.8B
| $7.34M | ﹤0.01% |
249,700
+64,200
| +35% | +$1.78M |
|
2909
PUT
Scotiabank
BNS
$113B
| $7.33M | ﹤0.01% |
146,400
-9,100
| -6% | -$451K |
|
2910
CALL
State Street SPDR S&P Semiconductor ETF
XSD
$2.59B
| $7.32M | ﹤0.01% |
33,100
+11,600
| +54% | +$2.29M |
|
2911
Shift4
FOUR
$3.47B
| $7.32M | ﹤0.01% |
107,851
-60,088
| -36% | -$3.94M |
|
|
FLNA
2912
PUT
Filana Therapeutics
FLNA
$44.9M
| $7.32M | ﹤0.01% |
298,700
-11,000
| -4% | -$265K |
|
2913
CALL
Mobileye
MBLY
$7.29B
| $7.32M | ﹤0.01% |
190,600
-329,400
| -63% | -$13.4M |
|
2914
iShares US Home Construction ETF
ITB
$2.25B
| $7.32M | ﹤0.01% |
85,639
-911
| -1% | -$69.2K |
|
2915
PUT
Option Care Health
OPCH
$3.58B
| $7.32M | ﹤0.01% |
+225,200
| New | +$6.79M |
|
2916
McCormick & Company Non-Voting
MKC
$14.9B
| $7.31M | ﹤0.01% |
83,813
-41,558
| -33% | -$3.67M |
|
2917
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $7.31M | ﹤0.01% |
74,600
-47,900
| -39% | -$4.74M |
|
2918
PUT
Arthur J. Gallagher & Co
AJG
$68.6B
| $7.29M | ﹤0.01% |
33,200
+11,500
| +53% | +$2.39M |
|
2919
QuantumScape Corp
QS
$3.45B
| $7.28M | ﹤0.01% |
911,700
+320,290
| +54% | +$2.23M |
|
2920
XPO
XPO
$22.1B
| $7.28M | ﹤0.01% |
123,347
+72,586
| +143% | +$3.29M |
|
2921
CALL
Brinker International
EAT
$9.87B
| $7.28M | ﹤0.01% |
198,800
+41,600
| +26% | +$1.57M |
|
2922
PUT
Ultragenyx Pharmaceutical
RARE
$2.52B
| $7.27M | ﹤0.01% |
157,700
+78,600
| +99% | +$3.65M |
|
2923
PUT
Global Ship Lease
GSL
$1.6B
| $7.27M | ﹤0.01% |
374,800
+110,700
| +42% | +$2.09M |
|
2924
PUT
Essex Property Trust
ESS
$18.3B
| $7.26M | ﹤0.01% |
31,000
-7,400
| -19% | -$1.62M |
|
2925
PUT
LKQ Corp
LKQ
$6.46B
| $7.26M | ﹤0.01% |
124,600
-27,900
| -18% | -$1.55M |
|
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.