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 | |
|---|---|---|---|---|---|---|
4601
PUT
Cipher Digital
CIFR
$6.3B
| $2.59M | ﹤0.01% |
904,600
+806,700
| +824% | +$1.99M |
|
4602
Andersons Inc
ANDE
$2.19B
| $2.58M | ﹤0.01% |
55,979
-6,581
| -11% | -$275K |
|
|
LADR
4603
Ladder Capital
LADR
$1.25B
| $2.58M | ﹤0.01% |
237,943
+62,984
| +36% | +$610K |
|
4604
Fastly Inc
FSLY
$3.67B
| $2.58M | ﹤0.01% |
163,445
-80,827
| -33% | -$1.24M |
|
4605
PUT
United States Copper Index Fund
CPER
$742M
| $2.58M | ﹤0.01% |
111,000
+2,400
| +2% | +$56.7K |
|
4606
CALL
Pacira BioSciences
PCRX
$1.03B
| $2.57M | ﹤0.01% |
64,200
+2,900
| +5% | +$120K |
|
4607
PUT
Advanced Drainage Systems
WMS
$10.3B
| $2.57M | ﹤0.01% |
22,600
-3,400
| -13% | -$321K |
|
4608
WisdomTree Japan Hedged Equity Fund
DXJ
$7.34B
| $2.57M | ﹤0.01% |
30,834
-15,687
| -34% | -$1.19M |
|
4609
PUT
Microvision
MVIS
$56.3M
| $2.57M | ﹤0.01% |
37,360
+23,560
| +171% | +$1.24M |
|
4610
Par Pacific Holdings
PARR
$3.95B
| $2.56M | ﹤0.01% |
96,320
-17,098
| -15% | -$404K |
|
4611
PUT
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $2.56M | ﹤0.01% |
49,000
-59,000
| -55% | -$2.93M |
|
4612
Iovance Biotherapeutics
IOVA
$3.63B
| $2.56M | ﹤0.01% |
363,983
-245,192
| -40% | -$1.75M |
|
|
EXAS
4613
DELISTED
Exact Sciences
EXAS
| $2.56M | ﹤0.01% |
27,276
-40,520
| -60% | -$3.16M |
|
4614
FIVE9
FIVN
$2.54B
| $2.56M | ﹤0.01% |
31,057
-108,579
| -78% | -$7.29M |
|
4615
PUT
Xylem
XYL
$26B
| $2.56M | ﹤0.01% |
22,700
-11,400
| -33% | -$1.21M |
|
4616
CALL
A.O. Smith
AOS
$8.21B
| $2.55M | ﹤0.01% |
35,100
-19,300
| -35% | -$1.32M |
|
4617
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$822M
| $2.55M | ﹤0.01% |
85,710
+78,360
| +1,066% | +$2.3M |
|
4618
CALL
Qiagen
QGEN
$8.9B
| $2.55M | ﹤0.01% |
53,471
-137,498
| -72% | -$6.63M |
|
|
FORG
4619
CALL
DELISTED
ForgeRock, Inc.
FORG
| $2.55M | ﹤0.01% |
124,300
+44,100
| +55% | +$883K |
|
4620
CALL
DTE Energy
DTE
$28.3B
| $2.55M | ﹤0.01% |
23,200
+15,900
| +218% | +$1.77M |
|
4621
Mueller Industries
MLI
$13.9B
| $2.55M | ﹤0.01% |
116,960
+2,948
| +3% | +$56K |
|
|
VGR
4622
DELISTED
Vector Group Ltd.
VGR
| $2.55M | ﹤0.01% |
199,172
-37,030
| -16% | -$457K |
|
|
SEE
4623
DELISTED
Sealed Air
SEE
| $2.55M | ﹤0.01% |
63,784
-65,174
| -51% | -$2.77M |
|
4624
Vertiv
VRT
$99B
| $2.55M | ﹤0.01% |
102,924
-191,663
| -65% | -$3.29M |
|
4625
CALL
Bankunited
BKU
$3.3B
| $2.55M | ﹤0.01% |
118,300
+48,700
| +70% | +$1M |
|
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.