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 | |
|---|---|---|---|---|---|---|
4651
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $2.51M | ﹤0.01% |
30,504
+4,576
| +18% | +$356K |
|
4652
CALL
Nerdy
NRDY
$87.7M
| $2.5M | ﹤0.01% |
40,013
+3,153
| +9% | +$168K |
|
4653
PUT
Jefferies Financial Group
JEF
$12.2B
| $2.5M | ﹤0.01% |
75,400
-104,200
| -58% | -$3.25M |
|
4654
iShares Russell Mid-Cap Value ETF
IWS
$15.8B
| $2.5M | ﹤0.01% |
22,767
+7,990
| +54% | +$842K |
|
4655
Tronox
TROX
$862M
| $2.5M | ﹤0.01% |
196,599
+144,018
| +274% | +$1.81M |
|
4656
CALL
Stem
STEM
$52.4M
| $2.49M | ﹤0.01% |
21,795
-4,030
| -16% | -$400K |
|
4657
CALL
BancFirst
BANF
$3.71B
| $2.49M | ﹤0.01% |
27,100
+7,000
| +35% | +$589K |
|
4658
PUT
Ametek
AME
$54.2B
| $2.49M | ﹤0.01% |
15,400
+6,600
| +75% | +$964K |
|
4659
Northern Oil and Gas
NOG
$2.74B
| $2.49M | ﹤0.01% |
72,625
-22,792
| -24% | -$738K |
|
4660
PUT
Alkermes
ALKS
$7.95B
| $2.49M | ﹤0.01% |
79,500
+13,900
| +21% | +$421K |
|
4661
Morningstar
MORN
$8.16B
| $2.49M | ﹤0.01% |
12,690
+8,099
| +176% | +$1.6M |
|
4662
PUT
Extra Space Storage
EXR
$30.2B
| $2.49M | ﹤0.01% |
16,700
-1,800
| -10% | -$271K |
|
4663
CALL
Deutsche Bank
DB
$75.8B
| $2.49M | ﹤0.01% |
236,000
-997,300
| -81% | -$10.5M |
|
4664
PUT
UGI
UGI
$8.15B
| $2.48M | ﹤0.01% |
92,100
+79,300
| +620% | +$2.41M |
|
4665
PUT
Invesco KBW Bank ETF
KBWB
$6.8B
| $2.48M | ﹤0.01% |
60,500
-81,400
| -57% | -$3.31M |
|
4666
Malibu Boats
MBUU
$538M
| $2.48M | ﹤0.01% |
42,300
+6,742
| +19% | +$378K |
|
4667
Bausch Health
BHC
$2.36B
| $2.48M | ﹤0.01% |
310,094
+212,925
| +219% | +$1.57M |
|
|
HIMX
4668
PUT
Himax Technologies
HIMX
$2.38B
| $2.48M | ﹤0.01% |
367,200
-113,500
| -24% | -$796K |
|
4669
PUT
Fluence Energy
FLNC
$1.56B
| $2.48M | ﹤0.01% |
93,000
+32,600
| +54% | +$729K |
|
4670
CALL
Trinity Industries
TRN
$2.33B
| $2.48M | ﹤0.01% |
96,300
+62,700
| +187% | +$1.43M |
|
4671
AppFolio
APPF
$8.3B
| $2.48M | ﹤0.01% |
14,380
-3,242
| -18% | -$472K |
|
4672
Hyatt Hotels
H
$16.2B
| $2.47M | ﹤0.01% |
21,584
-39,180
| -64% | -$4.43M |
|
|
INFN
4673
DELISTED
Infinera Corporation Common Stock
INFN
| $2.47M | ﹤0.01% |
511,344
+297,300
| +139% | +$1.63M |
|
4674
PUT
RUM Group Inc
RUM
$4.45B
| $2.47M | ﹤0.01% |
276,700
-7,500
| -3% | -$70.6K |
|
4675
CALL
Service Corp International
SCI
$11.4B
| $2.47M | ﹤0.01% |
38,200
-168,900
| -82% | -$11.3M |
|
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.