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 | |
|---|---|---|---|---|---|---|
3701
Cohen & Steers
CNS
$4.25B
| $4.43M | ﹤0.01% |
76,445
+11,041
| +17% | +$645K |
|
3702
Enovix
ENVX
$737M
| $4.43M | ﹤0.01% |
280,547
-1,408,090
| -83% | -$16.4M |
|
3703
CALL
Invesco KBW Bank ETF
KBWB
$6.8B
| $4.42M | ﹤0.01% |
107,700
+54,900
| +104% | +$2.24M |
|
3704
CALL
Ultragenyx Pharmaceutical
RARE
$2.52B
| $4.41M | ﹤0.01% |
95,700
+18,300
| +24% | +$849K |
|
3705
CALL
Agilon Health
AGL
$1.55B
| $4.41M | ﹤0.01% |
10,180
-940
| -8% | -$528K |
|
|
AKRO
3706
DELISTED
Akero Therapeutics
AKRO
| $4.41M | ﹤0.01% |
94,463
-4,240
| -4% | -$194K |
|
3707
PUT
AllianceBernstein
AB
$3.43B
| $4.41M | ﹤0.01% |
137,100
+42,200
| +44% | +$1.44M |
|
3708
CALL
Mid-America Apartment Communities
MAA
$15B
| $4.4M | ﹤0.01% |
29,000
+14,200
| +96% | +$2.13M |
|
3709
CALL
Dover
DOV
$26.8B
| $4.4M | ﹤0.01% |
29,800
-24,600
| -45% | -$3.52M |
|
|
IRBT
3710
CALL
DELISTED
iRobot
IRBT
| $4.4M | ﹤0.01% |
97,200
-211,900
| -69% | -$8.46M |
|
|
NRGD
3711
DELISTED
MicroSectors US Big Oil -3x Inverse Leveraged ETN
NRGD
| $4.39M | ﹤0.01% |
13,189
-1,171
| -8% | -$397K |
|
3712
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $4.39M | ﹤0.01% |
59,400
+6,800
| +13% | +$495K |
|
|
ASRT
3713
CALL
DELISTED
Assertio
ASRT
| $4.38M | ﹤0.01% |
53,927
+23,260
| +76% | +$2.16M |
|
3714
CALL
Camtek
CAMT
$6.33B
| $4.38M | ﹤0.01% |
122,800
+111,400
| +977% | +$3.19M |
|
3715
iShares MSCI World ETF
URTH
$8.25B
| $4.37M | ﹤0.01% |
35,127
-63,158
| -64% | -$7.58M |
|
3716
PUT
Reliance Steel & Aluminium
RS
$19.8B
| $4.37M | ﹤0.01% |
16,100
-11,100
| -41% | -$2.75M |
|
3717
The Ensign Group
ENSG
$10.1B
| $4.37M | ﹤0.01% |
45,795
-9,291
| -17% | -$875K |
|
3718
CNX Resources
CNX
$5.36B
| $4.37M | ﹤0.01% |
246,486
-114,115
| -32% | -$1.84M |
|
3719
Box
BOX
$4.8B
| $4.36M | ﹤0.01% |
148,341
-369,654
| -71% | -$10.2M |
|
3720
Sabre
SABR
$888M
| $4.36M | ﹤0.01% |
1,366,133
+502,143
| +58% | +$1.81M |
|
3721
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$811M
| $4.35M | ﹤0.01% |
72,500
+54,000
| +292% | +$3.26M |
|
3722
PUT
Snap-on
SNA
$20.3B
| $4.35M | ﹤0.01% |
15,100
+1,900
| +14% | +$492K |
|
|
STR
3723
DELISTED
Sitio Royalties
STR
| $4.35M | ﹤0.01% |
165,478
+48,301
| +41% | +$1.24M |
|
3724
CALL
Westrock Coffee
WEST
$781M
| $4.35M | ﹤0.01% |
399,900
+271,900
| +212% | +$3.15M |
|
|
TEN
3725
CALL
Tsakos Energy Navigation Ltd
TEN
$1.28B
| $4.34M | ﹤0.01% |
243,600
-16,200
| -6% | -$284K |
|
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.