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 | |
|---|---|---|---|---|---|---|
3401
PUT
Natera
NTRA
$47B
| $5.29M | ﹤0.01% |
108,800
+35,400
| +48% | +$1.81M |
|
3402
CALL
US Foods
USFD
$23.2B
| $5.29M | ﹤0.01% |
120,300
-221,500
| -65% | -$8.79M |
|
3403
Hubbell
HUBB
$24.3B
| $5.29M | ﹤0.01% |
15,961
+1,481
| +10% | +$410K |
|
3404
CALL
Establishment Labs
ESTA
$2.11B
| $5.29M | ﹤0.01% |
77,100
+53,400
| +225% | +$3.69M |
|
3405
PUT
ResMed
RMD
$34.7B
| $5.29M | ﹤0.01% |
24,200
+7,200
| +42% | +$1.6M |
|
3406
Henry Schein
HSIC
$9.98B
| $5.29M | ﹤0.01% |
65,193
-30,363
| -32% | -$2.4M |
|
3407
Vanguard International Dividend Appreciation ETF
VIGI
$9.21B
| $5.29M | ﹤0.01% |
+70,397
| New | +$5.3M |
|
3408
State Street SPDR S&P Homebuilders ETF
XHB
$1.39B
| $5.28M | ﹤0.01% |
65,701
-121,003
| -65% | -$8.67M |
|
3409
CALL
CONMED
CNMD
$1.5B
| $5.27M | ﹤0.01% |
38,800
+31,700
| +446% | +$3.87M |
|
3410
PUT
Vanguard Total International Stock ETF
VXUS
$163B
| $5.27M | ﹤0.01% |
94,000
-78,300
| -45% | -$4.38M |
|
3411
Jefferies Financial Group
JEF
$12.2B
| $5.26M | ﹤0.01% |
158,717
-70,994
| -31% | -$2.22M |
|
3412
CarMax
KMX
$8.81B
| $5.26M | ﹤0.01% |
62,876
-96,876
| -61% | -$7.09M |
|
3413
Pennant Group
PNTG
$1.3B
| $5.26M | ﹤0.01% |
428,532
-31,861
| -7% | -$405K |
|
3414
Omnicell
OMCL
$1.51B
| $5.26M | ﹤0.01% |
71,382
-58,797
| -45% | -$3.97M |
|
3415
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $5.26M | ﹤0.01% |
+70,735
| New | +$5.17M |
|
3416
CALL
New York Times
NYT
$11B
| $5.26M | ﹤0.01% |
133,500
-81,100
| -38% | -$3.08M |
|
3417
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.91B
| $5.26M | ﹤0.01% |
+223,869
| New | +$5.3M |
|
3418
iShares Global Consumer Staples ETF
KXI
$1.08B
| $5.26M | ﹤0.01% |
85,893
+80,626
| +1,531% | +$5.02M |
|
3419
PUT
Cooper Companies
COO
$13.9B
| $5.25M | ﹤0.01% |
54,800
+25,200
| +85% | +$2.36M |
|
|
AVDL
3420
PUT
DELISTED
Avadel Pharmaceuticals
AVDL
| $5.25M | ﹤0.01% |
318,700
+124,300
| +64% | +$1.62M |
|
3421
State Street SPDR S&P Dividend ETF
SDY
$22B
| $5.25M | ﹤0.01% |
42,840
+37,432
| +692% | +$4.57M |
|
3422
CALL
Warrior Met Coal
HCC
$5.65B
| $5.25M | ﹤0.01% |
134,700
+52,300
| +63% | +$1.89M |
|
3423
CALL
Legend Biotech
LEGN
$3.87B
| $5.25M | ﹤0.01% |
76,000
-4,300
| -5% | -$281K |
|
3424
CALL
Neogen
NEOG
$2.54B
| $5.25M | ﹤0.01% |
241,200
+106,400
| +79% | +$1.92M |
|
3425
CALL
2x Long VIX Futures ETF
UVIX
$213M
| $5.24M | ﹤0.01% |
588
+128
| +28% | +$2.49M |
|
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.