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 | |
|---|---|---|---|---|---|---|
3001
Ionis Pharmaceuticals
IONS
$10.1B
| $6.87M | ﹤0.01% |
167,516
+111,596
| +200% | +$4.29M |
|
3002
CALL
iShares Russell 2000 Value ETF
IWN
$14.5B
| $6.87M | ﹤0.01% |
48,800
+26,400
| +118% | +$3.57M |
|
3003
CALL
Schwab US Large- Cap ETF
SCHX
$74.3B
| $6.87M | ﹤0.01% |
393,600
+213,900
| +119% | +$3.53M |
|
3004
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.75B
| $6.87M | ﹤0.01% |
131,193
+66,060
| +101% | +$3.35M |
|
3005
PUT
Harley-Davidson
HOG
$2.92B
| $6.86M | ﹤0.01% |
194,900
-95,400
| -33% | -$3.33M |
|
3006
PUT
Compañía de Minas Buenaventura
BVN
$8.92B
| $6.86M | ﹤0.01% |
933,200
+884,600
| +1,820% | +$6.52M |
|
3007
Huntsman Corp
HUN
$1.66B
| $6.85M | ﹤0.01% |
253,442
+142,681
| +129% | +$3.71M |
|
3008
MasTec
MTZ
$19.4B
| $6.85M | ﹤0.01% |
58,046
+9,869
| +20% | +$967K |
|
3009
PUT
Target Hospitality
TH
$1.85B
| $6.84M | ﹤0.01% |
509,900
+286,900
| +129% | +$3.97M |
|
3010
YPF Sociedad Anonima ADS
YPF
$19.7B
| $6.84M | ﹤0.01% |
459,300
-926,147
| -67% | -$11.2M |
|
3011
CALL
Manulife Financial
MFC
$70.9B
| $6.83M | ﹤0.01% |
361,400
-59,100
| -14% | -$1.13M |
|
3012
PUT
Fox Class A
FOXA
$28.8B
| $6.83M | ﹤0.01% |
201,000
+64,800
| +48% | +$2.12M |
|
|
JNPR
3013
CALL
DELISTED
Juniper Networks
JNPR
| $6.83M | ﹤0.01% |
218,100
-60,300
| -22% | -$1.86M |
|
|
FYBR
3014
PUT
DELISTED
Frontier Communications
FYBR
| $6.81M | ﹤0.01% |
365,200
+163,200
| +81% | +$3.06M |
|
3015
CALL
Entergy
ETR
$49.3B
| $6.81M | ﹤0.01% |
139,800
+20,200
| +17% | +$1.05M |
|
3016
Revolve Group
RVLV
$1.63B
| $6.79M | ﹤0.01% |
414,287
+374,434
| +940% | +$6.98M |
|
|
AVDL
3017
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
| $6.78M | ﹤0.01% |
411,500
+98,300
| +31% | +$1.28M |
|
|
GRMN
3018
PUT
Garmin
GRMN
$55B
| $6.78M | ﹤0.01% |
65,000
-5,200
| -7% | -$531K |
|
3019
CALL
iShares MSCI United Kingdom ETF
EWU
$3.81B
| $6.77M | ﹤0.01% |
209,400
-261,500
| -56% | -$8.62M |
|
3020
Flowers Foods
FLO
$1.51B
| $6.77M | ﹤0.01% |
272,254
-41,426
| -13% | -$1.1M |
|
3021
PUT
Consolidated Edison
ED
$39.8B
| $6.77M | ﹤0.01% |
74,900
-59,200
| -44% | -$5.66M |
|
|
ECHO
3022
EchoStar
ECHO
$25.2B
| $6.77M | ﹤0.01% |
390,417
+233,735
| +149% | +$3.94M |
|
|
3023
Fox Class A
FOXA
$28.8B
| $6.77M | ﹤0.01% |
199,099
-132,676
| -40% | -$4.34M |
|
3024
BridgeBio Pharma
BBIO
$15B
| $6.77M | ﹤0.01% |
393,361
-131,947
| -25% | -$1.99M |
|
|
ETRN
3025
PUT
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $6.76M | ﹤0.01% |
707,400
+506,500
| +252% | +$3.4M |
|
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.