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 | |
|---|---|---|---|---|---|---|
4401
APi Group
APG
$17.2B
| $2.88M | ﹤0.01% |
158,567
-76,251
| -32% | -$1.18M |
|
4402
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.22B
| $2.88M | ﹤0.01% |
20,492
+15,241
| +290% | +$2.1M |
|
4403
CALL
Lincoln Electric
LECO
$15.5B
| $2.88M | ﹤0.01% |
14,500
+6,600
| +84% | +$1.15M |
|
|
HAPN
4404
CALL
Happen Inc
HAPN
$2.06B
| $2.88M | ﹤0.01% |
295,100
+90,400
| +44% | +$726K |
|
|
BLD
4405
CALL
DELISTED
TopBuild
BLD
| $2.87M | ﹤0.01% |
10,800
+5,100
| +89% | +$1.12M |
|
4406
CALL
ImmunityBio
IBRX
$8.53B
| $2.87M | ﹤0.01% |
1,033,300
+970,600
| +1,548% | +$2.74M |
|
|
NARI
4407
PUT
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $2.87M | ﹤0.01% |
49,400
+16,900
| +52% | +$1.07M |
|
4408
TC Energy
TRP
$64.4B
| $2.87M | ﹤0.01% |
70,975
+3,975
| +6% | +$162K |
|
4409
Aramark
ARMK
$15.3B
| $2.87M | ﹤0.01% |
92,241
-122,402
| -57% | -$3.33M |
|
4410
PUT
Viper Energy
VNOM
$15.9B
| $2.87M | ﹤0.01% |
106,800
+17,800
| +20% | +$487K |
|
4411
CALL
Centrus Energy
LEU
$3.51B
| $2.87M | ﹤0.01% |
88,000
-42,300
| -32% | -$1.31M |
|
4412
CALL
Southwest Gas
SWX
$6.45B
| $2.86M | ﹤0.01% |
45,000
+6,500
| +17% | +$384K |
|
4413
John Hancock Multifactor Large Cap ETF
JHML
$1.17B
| $2.86M | ﹤0.01% |
52,172
+44,157
| +551% | +$2.32M |
|
4414
Pembina Pipeline
PBA
$27.9B
| $2.86M | ﹤0.01% |
+91,000
| New | +$2.91M |
|
4415
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$347M
| $2.86M | ﹤0.01% |
+20,448
| New | +$3.41M |
|
4416
PUT
Biomea Fusion
BMEA
$125M
| $2.86M | ﹤0.01% |
130,100
+90,000
| +224% | +$2.82M |
|
|
AIV
4417
Aimco
AIV
$370M
| $2.85M | ﹤0.01% |
334,844
-258,807
| -44% | -$2.1M |
|
4418
PUT
Agilon Health
AGL
$1.55B
| $2.85M | ﹤0.01% |
6,576
-36
| -0.5% | -$20.2K |
|
4419
PUT
BlackLine
BL
$1.92B
| $2.85M | ﹤0.01% |
52,900
+14,700
| +38% | +$816K |
|
4420
PUT
Bread Financial
BFH
$4.06B
| $2.85M | ﹤0.01% |
90,700
-157,900
| -64% | -$4.54M |
|
4421
InterDigital
IDCC
$8.65B
| $2.85M | ﹤0.01% |
29,481
+15,627
| +113% | +$1.27M |
|
4422
PUT
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.14B
| $2.85M | ﹤0.01% |
113,800
-5,900
| -5% | -$155K |
|
4423
CALL
Vanguard Extended Market ETF
VXF
$31.3B
| $2.84M | ﹤0.01% |
19,100
+9,900
| +108% | +$1.39M |
|
4424
CALL
Ryanair
RYAAY
$29.1B
| $2.84M | ﹤0.01% |
+64,250
| New | +$2.59M |
|
|
THS
4425
CALL
DELISTED
Treehouse Foods
THS
| $2.84M | ﹤0.01% |
56,400
-26,000
| -32% | -$1.33M |
|
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.