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 | |
|---|---|---|---|---|---|---|
601
CALL
Apollo Global Management
APO
$78.1B
| $96.7M | 0.02% |
1,530,900
+329,700
| +27% | +$22.1M |
|
602
PUT
Avis
CAR
$5.22B
| $96.5M | 0.02% |
495,400
-72,200
| -13% | -$14.5M |
|
603
PUT
Kimberly-Clark
KMB
$36.9B
| $95.9M | 0.02% |
714,700
+251,700
| +54% | +$32.7M |
|
604
PUT
Okta
OKTA
$22.6B
| $95.8M | 0.02% |
1,110,600
-28,600
| -3% | -$2.18M |
|
605
Abbott
ABT
$202B
| $95.7M | 0.02% |
945,357
+213,676
| +29% | +$22.6M |
|
606
CALL
Chewy
CHWY
$10B
| $95.5M | 0.02% |
2,554,600
-517,700
| -17% | -$21.4M |
|
607
PUT
Sarepta Therapeutics
SRPT
$1.92B
| $95.3M | 0.02% |
691,600
+494,800
| +251% | +$64.2M |
|
608
Lockheed Martin
LMT
$130B
| $95.3M | 0.02% |
201,577
+91,016
| +82% | +$42.7M |
|
609
CALL
Southern Company
SO
$104B
| $95.3M | 0.02% |
1,369,000
+557,900
| +69% | +$37.6M |
|
610
Ford
F
$55.5B
| $95.1M | 0.02% |
7,546,666
+318,021
| +4% | +$3.98M |
|
611
PUT
Philip Morris
PM
$298B
| $94.8M | 0.02% |
975,100
+188,500
| +24% | +$18.8M |
|
612
CALL
Prudential Financial
PRU
$41.9B
| $94.8M | 0.02% |
1,145,900
+381,200
| +50% | +$36.4M |
|
613
PUT
Marvell Technology
MRVL
$205B
| $94.7M | 0.02% |
2,186,800
-50,600
| -2% | -$2.13M |
|
614
PUT
Futu Holdings
FUTU
$16.2B
| $94.2M | 0.02% |
1,817,700
+114,800
| +7% | +$5.58M |
|
615
RTX Corp
RTX
$282B
| $94M | 0.02% |
959,825
+220,980
| +30% | +$21.8M |
|
616
Northrop Grumman
NOC
$78B
| $93.3M | 0.02% |
202,043
+113,600
| +128% | +$52.7M |
|
617
PUT
Capital One
COF
$133B
| $93.1M | 0.02% |
967,800
+311,100
| +47% | +$32.6M |
|
618
CALL
iShares Gold Trust
IAU
$68.7B
| $92.8M | 0.02% |
2,482,800
+2,275,600
| +1,098% | +$81.7M |
|
619
PUT
Southwest Airlines
LUV
$19.7B
| $92.7M | 0.02% |
2,849,200
+1,453,100
| +104% | +$49.4M |
|
620
CALL
BHP
BHP
$246B
| $92.4M | 0.02% |
1,456,500
-94,900
| -6% | -$6.12M |
|
621
CALL
Kinder Morgan
KMI
$69B
| $92.3M | 0.02% |
5,270,100
+83,400
| +2% | +$1.48M |
|
|
622
CALL
Philip Morris
PM
$298B
| $92.2M | 0.02% |
948,100
-70,600
| -7% | -$7.04M |
|
623
PUT
Clorox
CLX
$13.1B
| $92M | 0.02% |
581,300
-72,900
| -11% | -$10.9M |
|
|
FISV
624
CALL
Fiserv Inc
FISV
$28.1B
| $91.6M | 0.02% |
810,600
-61,800
| -7% | -$6.8M |
|
625
CALL
Crocs
CROX
$5.91B
| $91.5M | 0.02% |
723,500
+69,800
| +11% | +$8.43M |
|
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.