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 | |
|---|---|---|---|---|---|---|
551
PUT
Illumina
ILMN
$33.1B
| $109M | 0.02% |
481,515
-264,813
| -35% | -$54.2M |
|
552
NextEra Energy
NEE
$174B
| $109M | 0.02% |
1,410,545
+191,269
| +16% | +$14.7M |
|
553
CALL
Datadog
DDOG
$84.6B
| $109M | 0.02% |
1,494,700
-97,000
| -6% | -$7.12M |
|
554
Accenture
ACN
$113B
| $108M | 0.02% |
378,977
+120,717
| +47% | +$32.9M |
|
|
PARA
555
CALL
DELISTED
Paramount Global Class B
PARA
| $108M | 0.02% |
4,820,700
-490,900
| -9% | -$10.5M |
|
556
Bristol-Myers Squibb
BMY
$137B
| $107M | 0.02% |
1,547,433
-322,958
| -17% | -$22.8M |
|
557
CALL
Futu Holdings
FUTU
$17.3B
| $107M | 0.02% |
2,068,500
+1,355,800
| +190% | +$65.9M |
|
558
GE Aerospace
GE
$361B
| $107M | 0.02% |
1,403,165
+581,497
| +71% | +$38.9M |
|
559
CALL
Constellation Brands
STZ
$23.2B
| $107M | 0.02% |
472,500
-36,000
| -7% | -$8.01M |
|
560
Petrobras
PBR
$123B
| $106M | 0.02% |
10,179,971
+9,410,754
| +1,223% | +$102M |
|
561
PUT
Hershey
HSY
$37.5B
| $106M | 0.02% |
417,200
+127,100
| +44% | +$29.9M |
|
562
CALL
Linde
LIN
$225B
| $106M | 0.02% |
297,100
+36,200
| +14% | +$12.1M |
|
563
Adobe
ADBE
$109B
| $106M | 0.02% |
273,811
-62,256
| -19% | -$22.1M |
|
564
CALL
Enterprise Products Partners
EPD
$82.1B
| $105M | 0.02% |
4,056,100
-4,000
| -0.1% | -$103K |
|
565
VanEck Gold Miners ETF
GDX
$32B
| $105M | 0.02% |
3,242,453
-7,107,809
| -69% | -$215M |
|
566
CALL
Atlassian
TEAM
$43.5B
| $105M | 0.02% |
612,700
-185,300
| -23% | -$29.6M |
|
567
Wells Fargo
WFC
$254B
| $105M | 0.02% |
2,803,963
-2,276,853
| -45% | -$99.2M |
|
568
PUT
Abbott
ABT
$202B
| $105M | 0.02% |
1,034,500
-491,300
| -32% | -$51.9M |
|
569
Honeywell
HON
$68.4B
| $104M | 0.02% |
578,505
+97,566
| +20% | +$18.3M |
|
|
SPLK
570
CALL
DELISTED
Splunk Inc
SPLK
| $104M | 0.02% |
1,086,500
-118,400
| -10% | -$11.4M |
|
571
CALL
McKesson
MCK
$100B
| $104M | 0.02% |
292,000
-105,800
| -27% | -$38.2M |
|
572
PUT
Burlington
BURL
$20.6B
| $104M | 0.02% |
513,600
+73,100
| +17% | +$16M |
|
|
573
PUT
Accenture
ACN
$113B
| $104M | 0.02% |
362,600
+72,300
| +25% | +$19.7M |
|
574
CALL
Air Products & Chemicals
APD
$67.9B
| $104M | 0.02% |
360,600
-91,300
| -20% | -$26.6M |
|
575
PUT
Simon Property Group
SPG
$70.6B
| $104M | 0.02% |
924,900
+147,000
| +19% | +$17.6M |
|
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.