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 | |
|---|---|---|---|---|---|---|
4001
Commercial Metals
CMC
$7.48B
| $3.66M | ﹤0.01% |
69,476
-4,474
| -6% | -$209K |
|
4002
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $3.66M | ﹤0.01% |
46,600
+3,100
| +7% | +$242K |
|
4003
PUT
QuidelOrtho
QDEL
$1.01B
| $3.65M | ﹤0.01% |
44,100
-31,700
| -42% | -$2.77M |
|
|
NUVA
4004
DELISTED
NuVasive, Inc.
NUVA
| $3.65M | ﹤0.01% |
87,649
+48,642
| +125% | +$2M |
|
4005
Zurn Elkay Water Solutions
ZWS
$7.97B
| $3.64M | ﹤0.01% |
135,394
-24,314
| -15% | -$554K |
|
4006
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $3.64M | ﹤0.01% |
44,900
-113,500
| -72% | -$9.28M |
|
4007
PUT
Hess Midstream
HESM
$5.08B
| $3.64M | ﹤0.01% |
118,600
+24,300
| +26% | +$701K |
|
4008
PUT
AES
AES
$10.5B
| $3.64M | ﹤0.01% |
175,500
+162,500
| +1,250% | +$3.58M |
|
|
VLRS
4009
Controladora Vuela Compania de Aviacion
VLRS
$775M
| $3.64M | ﹤0.01% |
260,736
+149,319
| +134% | +$1.92M |
|
4010
CALL
United States Gasoline Fund
UGA
$146M
| $3.63M | ﹤0.01% |
58,000
-81,500
| -58% | -$4.9M |
|
4011
PUT
Unum
UNM
$14.7B
| $3.63M | ﹤0.01% |
76,100
+1,900
| +3% | +$82.9K |
|
4012
PUT
Teekay Tankers
TNK
$3.08B
| $3.63M | ﹤0.01% |
94,900
+7,600
| +9% | +$296K |
|
4013
VictoryShares Emerging Markets Value Momentum ETF
UEVM
$255M
| $3.63M | ﹤0.01% |
86,268
-810
| -0.9% | -$34K |
|
4014
PUT
Braze
BRZE
$3.89B
| $3.63M | ﹤0.01% |
82,800
-13,000
| -14% | -$442K |
|
4015
CALL
Houlihan Lokey
HLI
$9.3B
| $3.62M | ﹤0.01% |
36,800
+2,500
| +7% | +$226K |
|
4016
Tenet Healthcare
THC
$21.5B
| $3.61M | ﹤0.01% |
44,416
-4,870
| -10% | -$347K |
|
4017
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.31B
| $3.61M | ﹤0.01% |
+151,096
| New | +$3.63M |
|
4018
CALL
Chegg
CHGG
$93.7M
| $3.61M | ﹤0.01% |
406,500
+109,800
| +37% | +$1.33M |
|
4019
CALL
Casey's General Stores
CASY
$28B
| $3.61M | ﹤0.01% |
14,800
+4,600
| +45% | +$1.04M |
|
4020
Trex
TREX
$4.66B
| $3.61M | ﹤0.01% |
55,050
+22,322
| +68% | +$1.25M |
|
|
ALE
4021
DELISTED
Allete
ALE
| $3.61M | ﹤0.01% |
62,195
-11,227
| -15% | -$694K |
|
4022
CALL
Applied Digital
APLD
$7.2B
| $3.6M | ﹤0.01% |
+385,200
| New | +$2.3M |
|
4023
PUT
Anavex Life Sciences
AVXL
$277M
| $3.6M | ﹤0.01% |
443,000
-56,200
| -11% | -$482K |
|
4024
CALL
Tencent Music
TME
$14B
| $3.6M | ﹤0.01% |
487,900
-22,600
| -4% | -$171K |
|
4025
CALL
Brookfield
BN
$92.3B
| $3.6M | ﹤0.01% |
160,500
+54,000
| +51% | +$1.14M |
|
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.