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 | |
|---|---|---|---|---|---|---|
351
PUT
Spotify
SPOT
$110B
| $199M | 0.04% |
1,487,000
+579,300
| +64% | +$66.3M |
|
352
IBM
IBM
$222B
| $197M | 0.04% |
1,503,903
+510,510
| +51% | +$68.3M |
|
353
Las Vegas Sands
LVS
$30.5B
| $197M | 0.04% |
3,427,415
+3,196,878
| +1,387% | +$179M |
|
354
CALL
MongoDB
MDB
$34.7B
| $196M | 0.04% |
840,100
-1,077,600
| -56% | -$226M |
|
355
PUT
Constellation Brands
STZ
$23.2B
| $195M | 0.04% |
865,400
+360,900
| +72% | +$80.3M |
|
356
CALL
Charter Communications
CHTR
$17.9B
| $195M | 0.04% |
546,300
-618,100
| -53% | -$231M |
|
357
Costco
COST
$420B
| $194M | 0.04% |
391,264
-178,249
| -31% | -$87.4M |
|
358
Chevron
CVX
$403B
| $194M | 0.04% |
1,190,754
+179,433
| +18% | +$30.1M |
|
359
Qualcomm
QCOM
$169B
| $194M | 0.04% |
1,521,365
-601,559
| -28% | -$74.8M |
|
360
State Street SPDR S&P Retail ETF
XRT
$491M
| $193M | 0.04% |
3,050,825
+1,300,403
| +74% | +$85.5M |
|
361
PUT
Amgen
AMGN
$238B
| $193M | 0.04% |
798,200
+55,400
| +7% | +$13.6M |
|
362
CALL
EOG Resources
EOG
$80.3B
| $192M | 0.04% |
1,675,400
-68,300
| -4% | -$8.28M |
|
363
CALL
Intuitive Surgical
ISRG
$134B
| $192M | 0.04% |
750,800
-505,100
| -40% | -$124M |
|
364
CALL
Energy Transfer Partners
ET
$73B
| $192M | 0.04% |
15,358,400
+6,366,500
| +71% | +$80.5M |
|
365
CALL
Phillips 66
PSX
$96.9B
| $191M | 0.04% |
1,884,600
-133,800
| -7% | -$13.6M |
|
366
Wynn Resorts
WYNN
$10.3B
| $191M | 0.04% |
1,703,899
+1,551,473
| +1,018% | +$162M |
|
|
AYX
367
PUT
DELISTED
Alteryx Inc
AYX
| $191M | 0.04% |
3,240,200
+333,300
| +11% | +$19.4M |
|
368
PUT
Sea Limited
SE
$72B
| $190M | 0.04% |
2,197,100
+685,700
| +45% | +$46.8M |
|
369
PUT
Marathon Petroleum
MPC
$101B
| $190M | 0.04% |
1,409,100
+318,500
| +29% | +$39.9M |
|
370
CALL
MetLife
MET
$60B
| $190M | 0.04% |
3,271,200
+999,600
| +44% | +$67.5M |
|
371
Shopify
SHOP
$192B
| $189M | 0.04% |
3,940,815
-3,617,604
| -48% | -$159M |
|
372
CALL
Trade Desk
TTD
$6.19B
| $188M | 0.04% |
3,090,200
+9,500
| +0.3% | +$506K |
|
373
CALL
Roku
ROKU
$23.4B
| $185M | 0.04% |
2,809,900
+1,054,900
| +60% | +$61.7M |
|
374
CALL
Marriott International
MAR
$92.9B
| $185M | 0.04% |
1,113,100
-44,200
| -4% | -$7.36M |
|
375
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $185M | 0.04% |
666,800
-167,800
| -20% | -$51.3M |
|
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.