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 | |
|---|---|---|---|---|---|---|
3151
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.99B
| $6.22M | ﹤0.01% |
+138,293
| New | +$6.2M |
|
3152
Vanguard FTSE Europe ETF
VGK
$30.9B
| $6.2M | ﹤0.01% |
100,534
+31,353
| +45% | +$1.95M |
|
3153
Ardelyx
ARDX
$984M
| $6.2M | ﹤0.01% |
1,829,763
-2,295,534
| -56% | -$9.41M |
|
|
FL
3154
DELISTED
Foot Locker
FL
| $6.2M | ﹤0.01% |
228,694
+192,372
| +530% | +$6.55M |
|
3155
Dover
DOV
$26.8B
| $6.19M | ﹤0.01% |
41,914
-29,437
| -41% | -$4.21M |
|
3156
PUT
Incyte
INCY
$25.2B
| $6.19M | ﹤0.01% |
99,400
+78,400
| +373% | +$5.24M |
|
3157
CALL
Magnite
MGNI
$3.4B
| $6.18M | ﹤0.01% |
452,400
+192,500
| +74% | +$2.14M |
|
3158
PUT
Cactus
WHD
$4.86B
| $6.17M | ﹤0.01% |
145,800
+126,700
| +663% | +$4.94M |
|
3159
Tyler Technologies
TYL
$15.5B
| $6.17M | ﹤0.01% |
14,808
-6,145
| -29% | -$2.37M |
|
3160
Freshpet
FRPT
$3.4B
| $6.16M | ﹤0.01% |
93,659
+32,395
| +53% | +$2.12M |
|
3161
iShares US Consumer Staples ETF
IYK
$1.42B
| $6.15M | ﹤0.01% |
92,172
-27,423
| -23% | -$1.84M |
|
3162
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.14B
| $6.15M | ﹤0.01% |
246,106
+152,188
| +162% | +$3.99M |
|
3163
CALL
Magna International
MGA
$17.6B
| $6.15M | ﹤0.01% |
109,000
+26,900
| +33% | +$1.43M |
|
3164
PUT
Global X Lithium & Battery Tech ETF
LIT
$1.63B
| $6.15M | ﹤0.01% |
94,600
+34,700
| +58% | +$2.16M |
|
|
SCPL
3165
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $6.15M | ﹤0.01% |
312,273
+235,595
| +307% | +$4.28M |
|
3166
PUT
Herc Holdings
HRI
$5.03B
| $6.14M | ﹤0.01% |
44,900
+9,800
| +28% | +$1.08M |
|
3167
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $6.14M | ﹤0.01% |
229,600
-811,100
| -78% | -$22.9M |
|
3168
PUT
Kinsale Capital Group
KNSL
$8.67B
| $6.14M | ﹤0.01% |
16,400
-23,400
| -59% | -$7.77M |
|
|
TRTN
3169
PUT
DELISTED
Triton International Limited
TRTN
| $6.14M | ﹤0.01% |
73,700
+21,500
| +41% | +$1.74M |
|
3170
CALL
Packaging Corp of America
PKG
$21.4B
| $6.13M | ﹤0.01% |
46,400
-37,500
| -45% | -$5.01M |
|
|
TELL
3171
DELISTED
Tellurian Inc.
TELL
| $6.13M | ﹤0.01% |
4,347,478
+932,865
| +27% | +$1.25M |
|
3172
PUT
Invesco Mortgage Capital
IVR
$792M
| $6.13M | ﹤0.01% |
534,300
+171,700
| +47% | +$1.84M |
|
|
NETI
3173
DELISTED
Eneti Inc.
NETI
| $6.12M | ﹤0.01% |
505,488
+426,078
| +537% | +$4.16M |
|
3174
PUT
Macerich
MAC
$6.73B
| $6.11M | ﹤0.01% |
542,300
-60,300
| -10% | -$614K |
|
3175
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.6B
| $6.11M | ﹤0.01% |
29,700
+21,400
| +258% | +$4.15M |
|
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.