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 | |
|---|---|---|---|---|---|---|
676
PUT
Idexx Laboratories
IDXX
$44.1B
| $82.3M | 0.02% |
164,500
+14,400
| +10% | +$6.89M |
|
677
PUT
Datadog
DDOG
$81.1B
| $81.8M | 0.02% |
1,125,800
+116,500
| +12% | +$8.55M |
|
678
CALL
EQT Corp
EQT
$33.6B
| $81.3M | 0.02% |
2,548,700
-1,198,900
| -32% | -$38.5M |
|
679
CALL
Skyworks Solutions
SWKS
$10.1B
| $81.3M | 0.02% |
688,800
+177,200
| +35% | +$19.6M |
|
680
General Motors
GM
$76.3B
| $81.1M | 0.02% |
2,212,058
+672,663
| +44% | +$25.4M |
|
681
Cigna
CI
$74.1B
| $81.1M | 0.02% |
317,491
-614,956
| -66% | -$179M |
|
682
United Parcel Service
UPS
$87.4B
| $81.1M | 0.02% |
418,109
+35,890
| +9% | +$6.58M |
|
683
PUT
W.W. Grainger
GWW
$62.3B
| $80.9M | 0.02% |
117,400
-5,800
| -5% | -$3.7M |
|
684
PUT
Cleveland-Cliffs
CLF
$6.45B
| $80.4M | 0.02% |
4,386,600
-1,311,000
| -23% | -$26M |
|
685
Gilead Sciences
GILD
$182B
| $80.4M | 0.02% |
968,657
+234,360
| +32% | +$19.4M |
|
686
CALL
Crown Castle
CCI
$32.5B
| $80.3M | 0.02% |
600,100
+65,600
| +12% | +$9.07M |
|
687
Marathon Petroleum
MPC
$102B
| $80.1M | 0.02% |
594,187
+20,231
| +4% | +$2.53M |
|
688
CALL
Emerson Electric
EMR
$87.9B
| $79.7M | 0.02% |
914,800
+268,500
| +42% | +$23.5M |
|
689
CALL
NIO
NIO
$10.9B
| $79.6M | 0.02% |
7,578,200
-4,475,100
| -37% | -$45.8M |
|
690
CALL
General Mills
GIS
$21.9B
| $79.6M | 0.02% |
931,800
-1,058,200
| -53% | -$84.5M |
|
691
PUT
Lennar Class A
LEN
$21.2B
| $79.6M | 0.02% |
782,291
-486,750
| -38% | -$47M |
|
692
PUT
Chewy
CHWY
$10B
| $79.3M | 0.02% |
2,121,600
-142,100
| -6% | -$5.88M |
|
693
Philip Morris
PM
$298B
| $79.3M | 0.02% |
815,108
+43,315
| +6% | +$4.32M |
|
694
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $79.2M | 0.02% |
251,400
-18,200
| -7% | -$5.46M |
|
695
CALL
Fortinet
FTNT
$112B
| $79.2M | 0.02% |
1,191,600
+72,500
| +6% | +$4.12M |
|
696
PUT
Peabody Energy
BTU
$3.4B
| $79.1M | 0.02% |
3,090,700
+1,427,000
| +86% | +$37.9M |
|
697
Regeneron Pharmaceuticals
REGN
$85.3B
| $79M | 0.02% |
96,204
+15,707
| +20% | +$11.8M |
|
698
CALL
C3.ai
AI
$1.57B
| $79M | 0.02% |
2,353,600
+1,893,100
| +411% | +$38.8M |
|
699
PUT
Li Auto
LI
$12.2B
| $78.8M | 0.02% |
3,160,000
+1,289,400
| +69% | +$30.5M |
|
700
CALL
Mondelez International
MDLZ
$82.6B
| $78.7M | 0.02% |
1,129,000
+186,100
| +20% | +$12.3M |
|
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.