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 | |
|---|---|---|---|---|---|---|
651
Lowe's Companies
LOW
$121B
| $88.4M | 0.02% |
442,148
+107,582
| +32% | +$21.9M |
|
|
X
652
PUT
DELISTED
US Steel
X
| $88.3M | 0.02% |
3,381,700
-2,537,200
| -43% | -$70.5M |
|
653
Airbnb
ABNB
$112B
| $88.1M | 0.02% |
708,259
+97,189
| +16% | +$11.1M |
|
654
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $87.7M | 0.02% |
278,200
-44,500
| -14% | -$13.3M |
|
655
PUT
Take-Two Interactive
TTWO
$44B
| $87.6M | 0.02% |
734,300
-30,700
| -4% | -$3.42M |
|
656
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.75B
| $87.4M | 0.02% |
4,986,300
+3,309,600
| +197% | +$47.5M |
|
657
PUT
ZIM Integrated Shipping Services
ZIM
$3.42B
| $87.1M | 0.02% |
3,691,900
+2,123,200
| +135% | +$44.6M |
|
658
PUT
SLB Ltd
SLB
$80B
| $87M | 0.02% |
1,771,700
-957,700
| -35% | -$50.9M |
|
659
PUT
Waste Management
WM
$90.4B
| $86.8M | 0.02% |
531,800
+231,300
| +77% | +$35.4M |
|
660
CALL
Vanguard Information Technology ETF
VGT
$143B
| $86.4M | 0.02% |
1,792,800
-335,200
| -16% | -$14.8M |
|
661
PUT
Dow Inc
DOW
$22.7B
| $85.8M | 0.02% |
1,565,200
+136,000
| +10% | +$7.65M |
|
662
CALL
Snap
SNAP
$9.22B
| $85.8M | 0.02% |
7,652,200
-2,734,200
| -26% | -$28.7M |
|
663
CALL
Progressive
PGR
$129B
| $85.7M | 0.02% |
599,000
+137,100
| +30% | +$18.9M |
|
664
PUT
KraneShares CSI China Internet ETF
KWEB
$5.17B
| $85.6M | 0.02% |
2,745,500
-731,100
| -21% | -$23.4M |
|
665
CALL
MGM Resorts International
MGM
$11B
| $85.3M | 0.02% |
1,919,400
+827,400
| +76% | +$34.4M |
|
666
CALL
First Citizens BancShares
FCNCA
$24.8B
| $85.2M | 0.02% |
87,600
+65,900
| +304% | +$48.9M |
|
667
PUT
AstraZeneca
AZN
$258B
| $85M | 0.02% |
612,500
-140,950
| -19% | -$19M |
|
|
FRC
668
PUT
DELISTED
First Republic Bank
FRC
| $84.8M | 0.02% |
6,063,700
+6,027,700
| +16,744% | +$618M |
|
|
669
PUT
MGM Resorts International
MGM
$11B
| $83.7M | 0.02% |
1,885,100
+724,400
| +62% | +$30.1M |
|
670
CALL
CME Group
CME
$100B
| $83.4M | 0.02% |
435,400
+107,100
| +33% | +$19.4M |
|
671
PUT
NXP Semiconductors
NXPI
$55.8B
| $83.3M | 0.02% |
446,600
-40,900
| -8% | -$7.29M |
|
|
CTRA
672
CALL
DELISTED
Coterra Energy
CTRA
| $83.3M | 0.02% |
3,392,700
+655,600
| +24% | +$16.1M |
|
673
CALL
D.R. Horton
DHI
$41.7B
| $82.8M | 0.02% |
847,200
-325,500
| -28% | -$31M |
|
674
PUT
GameStop
GME
$8.05B
| $82.7M | 0.02% |
3,594,600
-6,570,400
| -65% | -$131M |
|
675
Uber
UBER
$161B
| $82.4M | 0.02% |
2,599,968
+201,176
| +8% | +$6.38M |
|
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.