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 | |
|---|---|---|---|---|---|---|
3651
PUT
Cincinnati Financial
CINF
$26.4B
| $4.58M | ﹤0.01% |
47,100
-10,800
| -19% | -$1.12M |
|
3652
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $4.58M | ﹤0.01% |
+60,923
| New | +$4.64M |
|
|
CARM
3653
CALL
DELISTED
Carisma Therapeutics
CARM
| $4.58M | ﹤0.01% |
522,500
-132,300
| -20% | -$720K |
|
|
FOLD
3654
DELISTED
Amicus Therapeutics
FOLD
| $4.58M | ﹤0.01% |
364,811
+48,340
| +15% | +$574K |
|
3655
CALL
Appian
APPN
$3.04B
| $4.58M | ﹤0.01% |
96,200
-28,800
| -23% | -$1.21M |
|
3656
Alto Ingredients
ALTO
$316M
| $4.56M | ﹤0.01% |
1,578,940
+1,419,939
| +893% | +$2.71M |
|
3657
AES
AES
$10.5B
| $4.56M | ﹤0.01% |
220,088
-148,349
| -40% | -$3.27M |
|
3658
CALL
Church & Dwight Co
CHD
$24B
| $4.56M | ﹤0.01% |
45,500
-49,700
| -52% | -$4.68M |
|
3659
CALL
Encompass Health
EHC
$11.9B
| $4.56M | ﹤0.01% |
67,300
+7,000
| +12% | +$439K |
|
3660
Invesco DB Commodity Index Tracking Fund
DBC
$1.82B
| $4.55M | ﹤0.01% |
+200,621
| New | +$4.65M |
|
3661
CALL
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$335M
| $4.55M | ﹤0.01% |
218,400
-13,800
| -6% | -$273K |
|
3662
PUT
Jackson Financial
JXN
$9.09B
| $4.55M | ﹤0.01% |
148,700
+12,300
| +9% | +$396K |
|
3663
Vanguard Russell 1000 ETF
VONE
$8.64B
| $4.55M | ﹤0.01% |
22,575
+16,962
| +302% | +$3.23M |
|
3664
CALL
ProShares UltraPro Short Russell2000
SRTY
$72.9M
| $4.54M | ﹤0.01% |
28,050
+18,100
| +182% | +$3.48M |
|
3665
Exponent
EXPO
$3.4B
| $4.54M | ﹤0.01% |
48,676
-16,451
| -25% | -$1.55M |
|
3666
CALL
Gaming and Leisure Properties
GLPI
$12.4B
| $4.54M | ﹤0.01% |
93,400
-131,500
| -58% | -$6.56M |
|
3667
PUT
Arrowhead Research
ARWR
$12B
| $4.53M | ﹤0.01% |
127,000
+14,200
| +13% | +$490K |
|
3668
Popular Inc
BPOP
$10.8B
| $4.52M | ﹤0.01% |
74,756
-61,670
| -45% | -$3.63M |
|
3669
ACI Worldwide
ACIW
$5.43B
| $4.52M | ﹤0.01% |
195,223
+114,403
| +142% | +$2.77M |
|
3670
IDT Corp
IDT
$1.72B
| $4.52M | ﹤0.01% |
174,945
+118,427
| +210% | +$3.66M |
|
|
VTLE
3671
DELISTED
Vital Energy
VTLE
| $4.52M | ﹤0.01% |
100,084
+90,940
| +995% | +$4.11M |
|
|
LAC
3672
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $4.52M | ﹤0.01% |
223,514
-29,358
| -12% | -$605K |
|
3673
Cheesecake Factory
CAKE
$5.58B
| $4.51M | ﹤0.01% |
130,436
+107,541
| +470% | +$3.56M |
|
3674
CALL
IPG Photonics
IPGP
$3.26B
| $4.51M | ﹤0.01% |
33,200
+24,400
| +277% | +$2.87M |
|
3675
CALL
iShares US Regional Banks ETF
IAT
$663M
| $4.51M | ﹤0.01% |
133,200
+48,300
| +57% | +$1.62M |
|
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.