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 | |
|---|---|---|---|---|---|---|
|
PARA
701
DELISTED
Paramount Global Class B
PARA
| $78.5M | 0.02% |
3,519,656
+1,141,431
| +48% | +$24.5M |
|
702
PUT
Expedia Group
EXPE
$40.7B
| $78.5M | 0.02% |
809,000
-16,000
| -2% | -$1.68M |
|
703
CALL
Peabody Energy
BTU
$3.4B
| $78.2M | 0.02% |
3,054,100
+637,200
| +26% | +$16.9M |
|
704
PUT
Dollar General
DG
$27.6B
| $78.1M | 0.02% |
371,100
-342,600
| -48% | -$76.9M |
|
705
PUT
Equinix
EQIX
$104B
| $78.1M | 0.02% |
108,300
+24,200
| +29% | +$17M |
|
|
HES
706
CALL
DELISTED
Hess
HES
| $77.9M | 0.02% |
588,900
-343,800
| -37% | -$47.9M |
|
707
CALL
Rivian
RIVN
$24B
| $77.9M | 0.02% |
5,033,900
-357,300
| -7% | -$6.03M |
|
708
PUT
Darden Restaurants
DRI
$25.6B
| $77.8M | 0.02% |
501,300
+212,900
| +74% | +$31.5M |
|
709
PUT
General Dynamics
GD
$104B
| $77.7M | 0.02% |
340,300
+94,600
| +39% | +$21.9M |
|
710
PUT
BHP
BHP
$247B
| $77.4M | 0.02% |
1,220,900
-333,400
| -21% | -$21.5M |
|
711
CALL
Cleveland-Cliffs
CLF
$6.44B
| $77.4M | 0.02% |
4,220,900
-1,563,800
| -27% | -$31M |
|
712
Micron Technology
MU
$1.03T
| $77.3M | 0.02% |
1,281,407
+40,883
| +3% | +$2.4M |
|
713
Vertex Pharmaceuticals
VRTX
$139B
| $77.3M | 0.02% |
245,353
-33,648
| -12% | -$10.1M |
|
714
American Tower
AMT
$83.1B
| $77M | 0.02% |
376,642
+189,567
| +101% | +$39.8M |
|
715
CALL
Wayfair
W
$14.1B
| $76.9M | 0.02% |
2,239,800
+212,700
| +10% | +$9.42M |
|
716
PUT
Best Buy
BBY
$18.4B
| $76.6M | 0.02% |
978,400
-32,500
| -3% | -$2.68M |
|
717
PUT
Fidelity National Information Services
FIS
$21.3B
| $76.5M | 0.02% |
1,407,500
+970,300
| +222% | +$63.2M |
|
718
PUT
Autodesk
ADSK
$53.7B
| $76.5M | 0.02% |
367,300
-25,200
| -6% | -$5.19M |
|
719
PUT
KB Home
KBH
$3.41B
| $75.9M | 0.02% |
1,888,300
+1,387,300
| +277% | +$50.6M |
|
720
PUT
Tractor Supply
TSCO
$18.7B
| $75.8M | 0.02% |
1,612,500
-205,500
| -11% | -$9.36M |
|
721
PUT
Warner Bros
WBD
$71.9B
| $75.8M | 0.02% |
5,017,300
-3,505,800
| -41% | -$49.9M |
|
722
CALL
Suncor Energy
SU
$78.8B
| $75.5M | 0.02% |
2,432,300
-196,500
| -7% | -$6.39M |
|
|
X
723
CALL
DELISTED
US Steel
X
| $75.5M | 0.02% |
2,892,600
-2,319,400
| -45% | -$64.4M |
|
724
Boston Scientific
BSX
$71B
| $75.4M | 0.02% |
1,507,681
+935,727
| +164% | +$44.1M |
|
725
PUT
Newmont
NEM
$139B
| $75.3M | 0.02% |
1,536,400
+212,400
| +16% | +$10.3M |
|
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.