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 | Technology | 2.31% |
| 2 | Consumer Discretionary | 1.61% |
| 3 | Financials | 1.35% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
DoorDash
DASH
$96.8B
| $219M | 0.05% |
3,442,571
+541,223
| +19% | +$31M |
|
327
CALL
RTX Corp
RTX
$283B
| $218M | 0.05% |
2,229,900
-242,300
| -10% | -$23.9M |
|
328
CALL
Roblox
RBLX
$27.4B
| $218M | 0.05% |
4,842,800
+1,011,100
| +26% | +$38.6M |
|
329
PUT
Dollar Tree
DLTR
$25.3B
| $218M | 0.05% |
1,515,500
-230,400
| -13% | -$33.4M |
|
330
CALL
ARK Innovation ETF
ARKK
$6.72B
| $217M | 0.05% |
5,377,700
-39,200
| -0.7% | -$1.5M |
|
|
DOCU
331
PUT
DocuSign
DOCU
$11.8B
| $217M | 0.05% |
3,714,000
+441,000
| +13% | +$26.3M |
|
332
CALL
Agnico Eagle Mines
AEM
$109B
| $216M | 0.05% |
4,235,000
+1,481,900
| +54% | +$76.1M |
|
333
CALL
AutoZone
AZO
$48.3B
| $215M | 0.05% |
87,500
-8,300
| -9% | -$20.2M |
|
334
CALL
GE Aerospace
GE
$361B
| $215M | 0.05% |
2,816,995
-1,784,325
| -39% | -$119M |
|
335
PUT
JD.com
JD
$39.7B
| $215M | 0.05% |
4,893,400
+1,150,000
| +31% | +$59.4M |
|
336
CALL
Blackrock
BLK
$179B
| $214M | 0.05% |
320,400
-46,400
| -13% | -$32.7M |
|
337
PUT
ConocoPhillips
COP
$162B
| $214M | 0.05% |
2,156,300
+219,700
| +11% | +$24M |
|
338
PUT
Biogen
BIIB
$32B
| $213M | 0.05% |
764,500
-619,200
| -45% | -$171M |
|
339
CALL
iShares Core S&P 500 ETF
IVV
$893B
| $211M | 0.04% |
514,000
+94,400
| +22% | +$37.8M |
|
340
Procter & Gamble
PG
$336B
| $211M | 0.04% |
1,419,574
+381,784
| +37% | +$54.6M |
|
341
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $210M | 0.04% |
2,477,500
+1,455,700
| +142% | +$127M |
|
342
CALL
United Rentals
URI
$68.4B
| $210M | 0.04% |
529,900
+98,000
| +23% | +$41.2M |
|
343
CALL
Northrop Grumman
NOC
$78.3B
| $209M | 0.04% |
453,700
+70,400
| +18% | +$32.7M |
|
344
PUT
3M
MMM
$92.3B
| $207M | 0.04% |
2,358,751
+940,654
| +66% | +$88.7M |
|
345
CALL
Honeywell
HON
$68.4B
| $207M | 0.04% |
1,148,851
-13,050
| -1% | -$2.45M |
|
|
346
PUT
Honeywell
HON
$68.4B
| $207M | 0.04% |
1,146,835
-698,562
| -38% | -$131M |
|
347
AbbVie
ABBV
$468B
| $204M | 0.04% |
1,277,629
+534,056
| +72% | +$81.6M |
|
348
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $202M | 0.04% |
19,870,500
+5,486,700
| +38% | +$56.8M |
|
|
349
PUT
ARK Innovation ETF
ARKK
$6.72B
| $201M | 0.04% |
4,981,800
+1,654,600
| +50% | +$63.4M |
|
350
CALL
Freeport-McMoran
FCX
$110B
| $200M | 0.04% |
4,888,800
-1,923,300
| -28% | -$80M |
|
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 deployed $24.4B of net new capital in Q1 2023, opening 2,075 new positions and adding to 5,756 existing holdings. Its largest new stake was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M.
By sector, the portfolio is most concentrated in Technology at 2.3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Tesla, an estimated $1.62B trimmed.
- 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.