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 | |
|---|---|---|---|---|---|---|
451
PUT
Analog Devices
ADI
$182B
| $150M | 0.03% |
760,600
-21,200
| -3% | -$3.8M |
|
452
CALL
Etsy
ETSY
$7.44B
| $149M | 0.03% |
1,336,600
-745,500
| -36% | -$92.4M |
|
453
CALL
Twilio
TWLO
$34.6B
| $149M | 0.03% |
2,230,800
+203,700
| +10% | +$12.6M |
|
454
CALL
KLA
KLAC
$240B
| $149M | 0.03% |
3,722,000
-949,000
| -20% | -$37.4M |
|
455
CALL
GameStop
GME
$8.17B
| $148M | 0.03% |
6,442,100
-228,000
| -3% | -$4.54M |
|
456
CALL
Duke Energy
DUK
$93.4B
| $148M | 0.03% |
1,536,200
+157,400
| +11% | +$15.5M |
|
457
PUT
Align Technology
ALGN
$11.5B
| $148M | 0.03% |
443,400
+102,300
| +30% | +$30.2M |
|
458
PUT
Comcast
CMCSA
$95.3B
| $147M | 0.03% |
3,866,600
-1,018,600
| -21% | -$38.5M |
|
459
CALL
Hershey
HSY
$37.5B
| $146M | 0.03% |
575,600
+232,100
| +68% | +$54.5M |
|
460
Palo Alto Networks
PANW
$292B
| $145M | 0.03% |
1,452,434
+6,056
| +0.4% | +$513K |
|
461
CALL
Franco-Nevada
FNV
$51.3B
| $145M | 0.03% |
993,200
+478,800
| +93% | +$66.8M |
|
462
CALL
Kimberly-Clark
KMB
$36.4B
| $145M | 0.03% |
1,078,400
+261,400
| +32% | +$34M |
|
463
PUT
Petrobras
PBR
$123B
| $144M | 0.03% |
13,841,500
+228,300
| +2% | +$2.48M |
|
464
CALL
Domino's
DPZ
$11.3B
| $144M | 0.03% |
437,000
+7,000
| +2% | +$2.33M |
|
465
CALL
Wheaton Precious Metals
WPM
$71.7B
| $143M | 0.03% |
2,963,800
+254,500
| +9% | +$11.1M |
|
466
CALL
American Tower
AMT
$81.9B
| $142M | 0.03% |
694,200
+196,800
| +40% | +$41.3M |
|
467
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $142M | 0.03% |
2,327,500
+92,000
| +4% | +$5.16M |
|
468
PUT
Medtronic
MDT
$119B
| $141M | 0.03% |
1,754,500
+355,500
| +25% | +$29M |
|
469
CALL
DoorDash
DASH
$96.8B
| $141M | 0.03% |
2,218,300
-1,096,600
| -33% | -$62.9M |
|
470
PUT
Linde
LIN
$225B
| $141M | 0.03% |
396,100
-35,800
| -8% | -$12M |
|
471
iShares China Large-Cap ETF
FXI
$4.28B
| $140M | 0.03% |
4,752,908
+824,536
| +21% | +$24.8M |
|
472
CALL
TJX Companies
TJX
$155B
| $140M | 0.03% |
1,786,300
-846,400
| -32% | -$66.6M |
|
473
CALL
Eaton
ETN
$163B
| $140M | 0.03% |
816,600
+73,200
| +10% | +$12.2M |
|
474
Pinduoduo
PDD
$126B
| $139M | 0.03% |
1,831,731
+1,761,580
| +2,511% | +$159M |
|
475
PUT
Nucor
NUE
$55.3B
| $139M | 0.03% |
899,100
+97,800
| +12% | +$15.6M |
|
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.