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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.22B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$504M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$335M |
| 4 |
Bank of America
BAC
|
+$324M |
| 5 |
TSMC
TSM
|
+$297M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.62B |
| 2 |
Meta Platforms (Facebook)
META
|
+$471M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$396M |
| 4 |
NVIDIA
NVDA
|
+$391M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 90.25% |
| 2 | Technology | 2.31% |
| 3 | Consumer Discretionary | 1.61% |
| 4 | Financials | 1.35% |
| 5 | Healthcare | 1.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3451
Fate Therapeutics
FATE
$291M
| $4.97M | ﹤0.01% |
872,214
+835,597
| +2,282% | +$5.04M |
|
3452
CALL
Box
BOX
$4.8B
| $4.97M | ﹤0.01% |
185,500
-6,200
| -3% | -$187K |
|
3453
CALL
Verisk Analytics
VRSK
$25B
| $4.97M | ﹤0.01% |
25,900
-8,500
| -25% | -$1.54M |
|
3454
PUT
iShares Russell 1000 Value ETF
IWD
$84.3B
| $4.96M | ﹤0.01% |
32,600
-3,200
| -9% | -$494K |
|
3455
PUT
iShares US Regional Banks ETF
IAT
$663M
| $4.96M | ﹤0.01% |
+138,600
| New | +$6.48M |
|
|
FAZ
3456
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$88.2M
| $4.96M | ﹤0.01% |
22,500
-7,050
| -24% | -$1.31M |
|
3457
NewtekOne
NEWT
$344M
| $4.96M | ﹤0.01% |
387,301
-13,052
| -3% | -$215K |
|
3458
CALL
Invesco DB Commodity Index Tracking Fund
DBC
$1.82B
| $4.95M | ﹤0.01% |
208,700
-230,800
| -53% | -$5.52M |
|
3459
PUT
HDFC Bank
HDB
$119B
| $4.95M | ﹤0.01% |
148,600
+96,600
| +186% | +$3.23M |
|
|
HCP
3460
CALL
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $4.95M | ﹤0.01% |
169,100
-32,800
| -16% | -$979K |
|
3461
PUT
Global Ship Lease
GSL
$1.6B
| $4.95M | ﹤0.01% |
264,100
-36,300
| -12% | -$678K |
|
3462
AXIS Capital
AXS
$7.26B
| $4.95M | ﹤0.01% |
+90,777
| New | +$5.27M |
|
3463
Globe Life
GL
$13.3B
| $4.94M | ﹤0.01% |
44,904
-534
| -1% | -$62.7K |
|
3464
PUT
Sprott Uranium Miners ETF
URNM
$2.1B
| $4.94M | ﹤0.01% |
157,400
-144,500
| -48% | -$4.83M |
|
3465
Silicon Laboratories
SLAB
$7.29B
| $4.94M | ﹤0.01% |
28,196
+2,417
| +9% | +$406K |
|
3466
New Oriental
EDU
$9.36B
| $4.94M | ﹤0.01% |
127,828
+108,042
| +546% | +$4.37M |
|
3467
PUT
Olin
OLN
$1.95B
| $4.93M | ﹤0.01% |
88,800
-137,900
| -61% | -$7.89M |
|
3468
Churchill Downs
CHDN
$6.27B
| $4.92M | ﹤0.01% |
38,316
+27,804
| +264% | +$3.35M |
|
3469
ArcBest
ARCB
$3.05B
| $4.92M | ﹤0.01% |
53,240
+37,291
| +234% | +$3.35M |
|
|
SJT
3470
PUT
San Juan Basin Royalty Trust
SJT
$126M
| $4.92M | ﹤0.01% |
467,600
+383,700
| +457% | +$3.98M |
|
3471
CALL
Vanguard FTSE Europe ETF
VGK
$30.9B
| $4.91M | ﹤0.01% |
80,600
-888,500
| -92% | -$53.1M |
|
3472
CALL
Neurocrine Biosciences
NBIX
$15.7B
| $4.91M | ﹤0.01% |
48,500
+12,900
| +36% | +$1.34M |
|
3473
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $4.89M | ﹤0.01% |
100,300
+62,600
| +166% | +$3.07M |
|
|
WRK
3474
CALL
DELISTED
WestRock Company
WRK
| $4.89M | ﹤0.01% |
160,600
+74,800
| +87% | +$2.47M |
|
3475
Schwab Fundamental International Large Company Index ETF
FNDF
$26B
| $4.89M | ﹤0.01% |
+156,457
| New | +$4.84M |
|
Similar funds
Jeff Yass's Q1 2023 Portfolio in Review
As of Q1 2023, Jeff Yass held 14,310 positions worth $470B, up 19% from $395B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q1 2023 filing shows 2,075 new, 5,756 increased, 4,471 reduced and 1,856 closed positions. Its largest new stake was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M. The largest sale was Tesla, an estimated $1.62B.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q1 2023 buy was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $1.22B increase.
- Jeff Yass's biggest Q1 2023 reduction was Tesla, cutting an estimated $1.62B.
- Jeff Yass fully exited NextEra Energy, Inc. 5.279% Corporate Units in Q1 2023, selling an estimated $61.5M.
- Jeff Yass's ten largest holdings make up 30% of its $470B portfolio in Q1 2023.
- Jeff Yass opened 2,075 new positions and closed 1,856 in Q1 2023.
- Jeff Yass's portfolio value rose 19% quarter-over-quarter to $470B.
Based on Susquehanna International Group's 13F filing for Q1 2023, filed 16 May 2023.