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 | |
|---|---|---|---|---|---|---|
626
PUT
Prudential Financial
PRU
$42.1B
| $91.4M | 0.02% |
1,104,800
+488,100
| +79% | +$46.6M |
|
627
CALL
Seagate
STX
$183B
| $91.4M | 0.02% |
1,382,300
-187,900
| -12% | -$12M |
|
628
Energy Transfer Partners
ET
$72.9B
| $91.2M | 0.02% |
7,310,899
-3,315,073
| -31% | -$41.9M |
|
629
PUT
Snap
SNAP
$9.22B
| $91.1M | 0.02% |
8,129,000
+1,886,500
| +30% | +$19.8M |
|
630
PUT
Gilead Sciences
GILD
$182B
| $91M | 0.02% |
1,096,800
-520,500
| -32% | -$43.1M |
|
631
CALL
Equinix
EQIX
$104B
| $91M | 0.02% |
126,200
+46,700
| +59% | +$32.9M |
|
632
Delta Air Lines
DAL
$54.2B
| $90.8M | 0.02% |
2,600,438
+1,449,374
| +126% | +$53.8M |
|
633
PUT
Deckers Outdoor
DECK
$12.4B
| $90.7M | 0.02% |
1,210,800
+160,800
| +15% | +$11.2M |
|
634
PUT
American Tower
AMT
$83B
| $90.5M | 0.02% |
442,700
+176,500
| +66% | +$37M |
|
635
PUT
Estee Lauder
EL
$37.5B
| $90.2M | 0.02% |
366,000
+105,300
| +40% | +$26.8M |
|
636
CALL
Transocean
RIG
$6.46B
| $90M | 0.02% |
14,152,000
+2,876,700
| +26% | +$18.5M |
|
637
CALL
Becton Dickinson
BDX
$52B
| $89.6M | 0.02% |
361,900
-16,400
| -4% | -$4.01M |
|
|
B
638
PUT
Barrick Mining
B
$78.9B
| $89.5M | 0.02% |
4,818,700
-3,408,200
| -41% | -$61.2M |
|
639
CALL
DraftKings
DKNG
$12.9B
| $89.5M | 0.02% |
4,621,700
-2,068,700
| -31% | -$34.4M |
|
640
Neogen
NEOG
$2.53B
| $89.4M | 0.02% |
4,828,196
-3,103,155
| -39% | -$58.3M |
|
641
PUT
D.R. Horton
DHI
$41.7B
| $89.1M | 0.02% |
912,000
-115,400
| -11% | -$11M |
|
642
PUT
Arista Networks
ANET
$237B
| $89M | 0.02% |
2,122,000
+211,200
| +11% | +$7.26M |
|
643
PUT
EOG Resources
EOG
$78.7B
| $88.9M | 0.02% |
775,500
-116,600
| -13% | -$14.1M |
|
|
VMW
644
CALL
DELISTED
VMware, Inc
VMW
| $88.8M | 0.02% |
711,100
+110,800
| +18% | +$13.3M |
|
645
PUT
MetLife
MET
$61B
| $88.6M | 0.02% |
1,529,500
-650,700
| -30% | -$43.9M |
|
646
PUT
S&P Global
SPGI
$128B
| $88.6M | 0.02% |
256,900
-1,400
| -0.5% | -$493K |
|
|
SGEN
647
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $88.5M | 0.02% |
437,300
+347,000
| +384% | +$55.7M |
|
648
PUT
CME Group
CME
$100B
| $88.5M | 0.02% |
462,300
-17,800
| -4% | -$3.22M |
|
|
649
EOG Resources
EOG
$78.7B
| $88.5M | 0.02% |
771,803
+521,889
| +209% | +$63.3M |
|
650
Danaher
DHR
$152B
| $88.5M | 0.02% |
395,914
+57,522
| +17% | +$13.1M |
|
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.