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 | |
|---|---|---|---|---|---|---|
|
CYBR
3351
DELISTED
CyberArk
CYBR
| $5.44M | ﹤0.01% |
34,825
+29,964
| +616% | +$4.29M |
|
3352
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.24B
| $5.44M | ﹤0.01% |
69,780
+42,890
| +160% | +$3.51M |
|
3353
CALL
STMicroelectronics
STM
$44B
| $5.44M | ﹤0.01% |
108,800
-41,100
| -27% | -$1.91M |
|
3354
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$746M
| $5.44M | ﹤0.01% |
52,875
-73,675
| -58% | -$7.53M |
|
3355
PUT
Western Midstream Partners
WES
$20B
| $5.43M | ﹤0.01% |
204,600
+62,000
| +43% | +$1.63M |
|
3356
PUT
Vermilion Energy
VET
$1.9B
| $5.43M | ﹤0.01% |
435,800
-242,800
| -36% | -$2.99M |
|
3357
Lennar Class B
LEN.B
$20.5B
| $5.42M | ﹤0.01% |
50,468
-39,126
| -44% | -$3.67M |
|
3358
Bentley Systems
BSY
$11.3B
| $5.41M | ﹤0.01% |
99,843
+87,706
| +723% | +$4.09M |
|
3359
CALL
Churchill Downs
CHDN
$6.27B
| $5.41M | ﹤0.01% |
38,900
+23,900
| +159% | +$3.27M |
|
3360
Insmed
INSM
$25.9B
| $5.41M | ﹤0.01% |
256,305
-59,101
| -19% | -$1.12M |
|
|
DHC
3361
Diversified Healthcare Trust
DHC
$1.85B
| $5.41M | ﹤0.01% |
2,403,092
+2,197,424
| +1,068% | +$3.15M |
|
3362
Marqeta
MQ
$1.71B
| $5.4M | ﹤0.01% |
277,462
-421,557
| -60% | -$7.65M |
|
3363
PUT
Bumble
BMBL
$360M
| $5.4M | ﹤0.01% |
321,800
-322,600
| -50% | -$5.57M |
|
|
TEN
3364
PUT
Tsakos Energy Navigation Ltd
TEN
$1.28B
| $5.39M | ﹤0.01% |
302,500
+95,500
| +46% | +$1.68M |
|
|
NEWR
3365
CALL
DELISTED
New Relic, Inc.
NEWR
| $5.38M | ﹤0.01% |
82,200
+24,400
| +42% | +$1.76M |
|
3366
PUT
Avery Dennison
AVY
$13.5B
| $5.38M | ﹤0.01% |
31,300
+11,500
| +58% | +$1.97M |
|
3367
PUT
ARK Web x.0 ETF
ARKW
$1.83B
| $5.37M | ﹤0.01% |
91,700
+2,500
| +3% | +$130K |
|
3368
PUT
Danaos Corp
DAC
$2.74B
| $5.37M | ﹤0.01% |
80,400
-174,000
| -68% | -$10.5M |
|
3369
PUT
Paylocity
PCTY
$8.38B
| $5.37M | ﹤0.01% |
29,100
-34,100
| -54% | -$6.24M |
|
3370
Northern Trust Morningstar US Market Factor Tilt ETF
TILT
$2.25B
| $5.37M | ﹤0.01% |
31,845
+23,415
| +278% | +$3.73M |
|
3371
PUT
Middleby
MIDD
$5.1B
| $5.37M | ﹤0.01% |
36,300
+21,900
| +152% | +$3.09M |
|
3372
PUT
ProShares UltraPro Short Dow 30
SDOW
$159M
| $5.37M | ﹤0.01% |
56,200
-30,550
| -35% | -$3.13M |
|
3373
PUT
Voya Financial
VOYA
$9.29B
| $5.36M | ﹤0.01% |
74,800
-177,400
| -70% | -$12.7M |
|
|
ACH
3374
Accendra Health
ACH
$93.1M
| $5.36M | ﹤0.01% |
281,663
-38,149
| -12% | -$680K |
|
3375
Royal Gold
RGLD
$22.3B
| $5.36M | ﹤0.01% |
46,697
+22,120
| +90% | +$2.85M |
|
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.