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 | |
|---|---|---|---|---|---|---|
3101
CALL
BRC Group Holdings
RILY
$283M
| $6.44M | ﹤0.01% |
140,000
+17,200
| +14% | +$605K |
|
3102
PUT
RenaissanceRe
RNR
$13.7B
| $6.43M | ﹤0.01% |
34,500
+18,000
| +109% | +$3.58M |
|
3103
PUT
Aptiv
APTV
$9.5B
| $6.43M | ﹤0.01% |
63,000
-49,500
| -44% | -$4.9M |
|
3104
Criteo S.A.
CRTO
$855M
| $6.43M | ﹤0.01% |
190,479
-172,619
| -48% | -$5.57M |
|
3105
PUT
Terex
TEX
$7.28B
| $6.43M | ﹤0.01% |
107,400
+39,500
| +58% | +$1.96M |
|
3106
CDW
CDW
$18.5B
| $6.42M | ﹤0.01% |
34,994
-32,532
| -48% | -$5.68M |
|
3107
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$347M
| $6.42M | ﹤0.01% |
45,900
-45,660
| -50% | -$7.6M |
|
3108
PUT
Boyd Gaming
BYD
$5.77B
| $6.42M | ﹤0.01% |
92,500
+28,400
| +44% | +$1.91M |
|
3109
Helmerich & Payne
HP
$4.25B
| $6.41M | ﹤0.01% |
180,896
+90,949
| +101% | +$3.1M |
|
3110
Kite Realty
KRG
$5.21B
| $6.4M | ﹤0.01% |
286,585
+140,126
| +96% | +$2.89M |
|
3111
American Financial Group
AFG
$11.9B
| $6.4M | ﹤0.01% |
53,882
+15,371
| +40% | +$1.81M |
|
3112
CALL
Fiverr
FVRR
$340M
| $6.4M | ﹤0.01% |
245,900
+23,800
| +11% | +$717K |
|
3113
FMC
FMC
$1.42B
| $6.39M | ﹤0.01% |
61,290
-47,044
| -43% | -$5.29M |
|
3114
CALL
Schwab US Large-Cap Growth ETF
SCHG
$63.1B
| $6.39M | ﹤0.01% |
341,200
+103,600
| +44% | +$1.78M |
|
3115
Labcorp
LH
$27.2B
| $6.38M | ﹤0.01% |
30,777
-32,407
| -51% | -$6.29M |
|
3116
SPDR Gold MiniShares Trust
GLDM
$31B
| $6.38M | ﹤0.01% |
+167,438
| New | +$6.57M |
|
3117
Gulfport Energy Corp
GPOR
$3.12B
| $6.37M | ﹤0.01% |
60,673
+21,303
| +54% | +$1.97M |
|
|
IPG
3118
CALL
DELISTED
Interpublic Group of Companies
IPG
| $6.37M | ﹤0.01% |
165,200
-6,000
| -4% | -$226K |
|
3119
CALL
Greif
GEF
$4.78B
| $6.37M | ﹤0.01% |
92,400
-19,500
| -17% | -$1.25M |
|
3120
PUT
Northern Trust
NTRS
$34.2B
| $6.36M | ﹤0.01% |
85,800
-4,200
| -5% | -$322K |
|
3121
iShares Russell 1000 ETF
IWB
$49.1B
| $6.36M | ﹤0.01% |
26,096
-3,715
| -12% | -$856K |
|
3122
CALL
Frontline
FRO
$9.84B
| $6.36M | ﹤0.01% |
437,500
+39,900
| +10% | +$596K |
|
3123
PUT
SM Energy
SM
$8.71B
| $6.35M | ﹤0.01% |
200,900
-1,300
| -0.6% | -$36.7K |
|
|
AIRC
3124
DELISTED
Apartment Income REIT Corp.
AIRC
| $6.35M | ﹤0.01% |
175,995
+142,445
| +425% | +$5.07M |
|
3125
Gaming and Leisure Properties
GLPI
$12.4B
| $6.34M | ﹤0.01% |
130,908
+26,364
| +25% | +$1.31M |
|
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.