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 | |
|---|---|---|---|---|---|---|
576
PUT
Old Dominion Freight Line
ODFL
$41.8B
| $103M | 0.02% |
603,400
+139,400
| +30% | +$23.3M |
|
577
Occidental Petroleum
OXY
$60.2B
| $103M | 0.02% |
1,641,876
-98,462
| -6% | -$6.12M |
|
578
CALL
Best Buy
BBY
$18.5B
| $102M | 0.02% |
1,308,100
-281,700
| -18% | -$23.2M |
|
579
CVS Health
CVS
$120B
| $102M | 0.02% |
1,371,191
+756,691
| +123% | +$63.5M |
|
580
PUT
HubSpot
HUBS
$12.1B
| $101M | 0.02% |
236,700
-32,000
| -12% | -$11.7M |
|
581
Deere & Co
DE
$175B
| $101M | 0.02% |
245,306
+26,597
| +12% | +$11M |
|
582
Starbucks
SBUX
$122B
| $101M | 0.02% |
969,771
+313,217
| +48% | +$32.6M |
|
583
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $101M | 0.02% |
1,488,300
+1,065,000
| +252% | +$71.1M |
|
584
Atlassian
TEAM
$43.7B
| $101M | 0.02% |
589,072
-182,474
| -24% | -$29.1M |
|
585
PUT
Zscaler
ZS
$28.5B
| $101M | 0.02% |
862,800
-347,800
| -29% | -$41.7M |
|
586
CALL
PNC Financial Services
PNC
$97.1B
| $101M | 0.02% |
791,600
+363,400
| +85% | +$54.8M |
|
587
CALL
iShares TIPS Bond ETF
TIP
$15B
| $100M | 0.02% |
907,400
+644,600
| +245% | +$69.8M |
|
588
PUT
DraftKings
DKNG
$12.8B
| $99.6M | 0.02% |
5,146,300
+1,440,900
| +39% | +$24M |
|
589
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $99.5M | 0.02% |
1,305,143
+1,029,089
| +373% | +$85.4M |
|
590
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $99.2M | 0.02% |
3,365,800
+160,900
| +5% | +$4.82M |
|
|
591
CALL
HubSpot
HUBS
$12.1B
| $99.2M | 0.02% |
231,400
-200
| -0.1% | -$73K |
|
592
CALL
Cloudflare
NET
$101B
| $99.2M | 0.02% |
1,608,800
-176,200
| -10% | -$9.63M |
|
593
Oracle
ORCL
$412B
| $98.9M | 0.02% |
1,064,348
+396,034
| +59% | +$34.7M |
|
|
594
PUT
Cloudflare
NET
$101B
| $98.6M | 0.02% |
1,599,300
+334,900
| +26% | +$18.3M |
|
595
Union Pacific
UNP
$183B
| $98.6M | 0.02% |
489,727
+194,576
| +66% | +$39.4M |
|
596
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $98.4M | 0.02% |
2,190,500
+977,200
| +81% | +$42M |
|
597
PUT
Energy Transfer Partners
ET
$72.6B
| $98.1M | 0.02% |
7,868,500
-3,137,500
| -29% | -$39.6M |
|
598
CALL
Palantir
PLTR
$426B
| $97.6M | 0.02% |
11,546,200
+3,851,500
| +50% | +$30.1M |
|
599
PUT
Air Products & Chemicals
APD
$67.9B
| $97M | 0.02% |
337,800
+37,100
| +12% | +$10.8M |
|
|
VMW
600
PUT
DELISTED
VMware, Inc
VMW
| $97M | 0.02% |
776,900
+137,900
| +22% | +$16.6M |
|
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.