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 | |
|---|---|---|---|---|---|---|
526
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $117M | 0.02% |
1,350,400
-65,200
| -5% | -$5.62M |
|
527
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $116M | 0.02% |
3,440,600
+866,600
| +34% | +$29.4M |
|
528
CALL
Colgate-Palmolive
CL
$72.6B
| $116M | 0.02% |
1,548,800
+984,400
| +174% | +$73.2M |
|
529
CALL
Generac Holdings
GNRC
$12.2B
| $116M | 0.02% |
1,076,900
-146,300
| -12% | -$16.9M |
|
530
PUT
Pinterest
PINS
$13.3B
| $116M | 0.02% |
4,261,200
-812,600
| -16% | -$21.1M |
|
531
CALL
S&P Global
SPGI
$127B
| $116M | 0.02% |
336,800
-52,200
| -13% | -$18.4M |
|
532
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $116M | 0.02% |
11,435,200
-669,000
| -6% | -$6.93M |
|
533
CALL
Warner Bros
WBD
$71.6B
| $116M | 0.02% |
7,674,300
+1,453,400
| +23% | +$20.7M |
|
534
Applied Materials
AMAT
$391B
| $115M | 0.02% |
940,252
+110,880
| +13% | +$12.7M |
|
535
PUT
Dick's Sporting Goods
DKS
$16.4B
| $115M | 0.02% |
810,000
-496,700
| -38% | -$66.2M |
|
536
ServiceNow
NOW
$133B
| $114M | 0.02% |
1,228,470
+671,870
| +121% | +$58.5M |
|
537
Texas Instruments
TXN
$241B
| $114M | 0.02% |
611,715
-127,651
| -17% | -$22.4M |
|
538
PUT
RTX Corp
RTX
$283B
| $114M | 0.02% |
1,161,800
+34,000
| +3% | +$3.35M |
|
539
PUT
Roblox
RBLX
$27.4B
| $113M | 0.02% |
2,510,900
+495,300
| +25% | +$18.9M |
|
|
FISV
540
PUT
Fiserv Inc
FISV
$28B
| $113M | 0.02% |
998,300
+666,600
| +201% | +$73.3M |
|
541
iShares Core MSCI EAFE ETF
IEFA
$195B
| $113M | 0.02% |
1,686,128
+1,569,913
| +1,351% | +$103M |
|
542
Morgan Stanley
MS
$336B
| $113M | 0.02% |
1,283,506
+246,412
| +24% | +$23M |
|
|
WBA
543
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $113M | 0.02% |
3,258,800
+721,700
| +28% | +$25.6M |
|
544
PUT
Rio Tinto
RIO
$171B
| $112M | 0.02% |
1,629,600
+100,000
| +7% | +$7.26M |
|
|
B
545
Barrick Mining
B
$78.3B
| $112M | 0.02% |
6,015,119
-1,912,379
| -24% | -$34.4M |
|
546
CALL
Kraft Heinz
KHC
$30.3B
| $111M | 0.02% |
2,868,200
-185,600
| -6% | -$7.35M |
|
|
547
CALL
Dick's Sporting Goods
DKS
$16.4B
| $111M | 0.02% |
779,300
+51,600
| +7% | +$6.87M |
|
548
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $110M | 0.02% |
1,812,000
+158,500
| +10% | +$8.88M |
|
549
Amgen
AMGN
$238B
| $110M | 0.02% |
455,911
+162,908
| +56% | +$40M |
|
550
CALL
Dollar General
DG
$27.2B
| $109M | 0.02% |
519,800
-237,100
| -31% | -$53.2M |
|
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.