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 | |
|---|---|---|---|---|---|---|
401
PUT
United Rentals
URI
$68.4B
| $173M | 0.04% |
437,400
+85,100
| +24% | +$35.7M |
|
402
CALL
Medtronic
MDT
$119B
| $173M | 0.04% |
2,140,000
-407,200
| -16% | -$33.2M |
|
403
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $173M | 0.04% |
845,300
-319,400
| -27% | -$63.9M |
|
404
CALL
Diamondback Energy
FANG
$59B
| $172M | 0.04% |
1,271,100
-754,800
| -37% | -$105M |
|
405
CALL
3M
MMM
$92.3B
| $170M | 0.04% |
1,931,301
-521,097
| -21% | -$49.1M |
|
406
PUT
MongoDB
MDB
$34.7B
| $169M | 0.04% |
725,300
-1,297,000
| -64% | -$272M |
|
407
PUT
Devon Energy
DVN
$54B
| $169M | 0.04% |
3,334,700
-620,600
| -16% | -$35.3M |
|
408
CALL
Waste Management
WM
$89.6B
| $167M | 0.04% |
1,024,800
+623,700
| +155% | +$95.5M |
|
409
PUT
KLA
KLAC
$240B
| $167M | 0.04% |
4,179,000
-559,000
| -12% | -$22M |
|
|
PARA
410
PUT
DELISTED
Paramount Global Class B
PARA
| $166M | 0.04% |
7,452,900
+1,498,100
| +25% | +$32.1M |
|
411
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $166M | 0.04% |
1,673,500
+499,800
| +43% | +$48.9M |
|
412
CALL
Albemarle
ALB
$16.9B
| $165M | 0.04% |
746,800
+7,500
| +1% | +$1.85M |
|
|
SCHW
413
Charles Schwab
SCHW
$194B
| $165M | 0.04% |
3,143,415
+2,574,016
| +452% | +$188M |
|
414
CALL
Pinterest
PINS
$13.3B
| $165M | 0.04% |
6,036,900
-2,012,200
| -25% | -$52.1M |
|
415
CALL
Spotify
SPOT
$110B
| $165M | 0.04% |
1,231,400
+465,800
| +61% | +$53.3M |
|
416
PUT
RH
RH
$2.9B
| $164M | 0.03% |
674,400
+320,300
| +90% | +$93M |
|
|
B
417
CALL
Barrick Mining
B
$78.3B
| $164M | 0.03% |
8,804,600
+1,113,900
| +14% | +$20M |
|
418
Linde
LIN
$225B
| $163M | 0.03% |
457,700
+270,844
| +145% | +$90.7M |
|
419
CALL
Shell
SHEL
$257B
| $163M | 0.03% |
2,826,100
-530,800
| -16% | -$31.2M |
|
420
PUT
CVS Health
CVS
$119B
| $160M | 0.03% |
2,151,100
-55,000
| -2% | -$4.61M |
|
421
JD.com
JD
$39.7B
| $160M | 0.03% |
3,639,318
+832,181
| +30% | +$43M |
|
|
DOCU
422
CALL
DocuSign
DOCU
$11.8B
| $159M | 0.03% |
2,721,600
-441,400
| -14% | -$26.3M |
|
423
PUT
Automatic Data Processing
ADP
$112B
| $158M | 0.03% |
711,800
+376,400
| +112% | +$84.9M |
|
424
PUT
Wynn Resorts
WYNN
$10.3B
| $158M | 0.03% |
1,414,800
-233,100
| -14% | -$24.4M |
|
425
Intel
INTC
$476B
| $158M | 0.03% |
4,845,431
+1,196,212
| +33% | +$33.9M |
|
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.