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 | |
|---|---|---|---|---|---|---|
|
AXON
726
CALL
Axon Enterprise
AXON
$48.5B
| $75.3M | 0.02% |
334,700
+78,700
| +31% | +$15.6M |
|
727
3M
MMM
$92.3B
| $75.1M | 0.02% |
854,482
+260,778
| +44% | +$24.6M |
|
728
ConocoPhillips
COP
$160B
| $75M | 0.02% |
756,191
+131,365
| +21% | +$14.4M |
|
729
CALL
Caesars Entertainment
CZR
$6.04B
| $75M | 0.02% |
1,536,600
+467,000
| +44% | +$22.9M |
|
730
CALL
Take-Two Interactive
TTWO
$43.7B
| $74.8M | 0.02% |
627,000
-660,100
| -51% | -$73.6M |
|
731
PUT
Prologis
PLD
$136B
| $74M | 0.02% |
592,900
+261,800
| +79% | +$32.2M |
|
732
CALL
eBay
EBAY
$47.7B
| $73.7M | 0.02% |
1,661,800
+339,200
| +26% | +$15.5M |
|
733
CALL
APA Corp
APA
$15.1B
| $73.1M | 0.02% |
2,027,900
+60,300
| +3% | +$2.42M |
|
734
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.9B
| $73.1M | 0.02% |
99,568
-91,048
| -48% | -$89.5M |
|
735
PUT
Global Payments
GPN
$25B
| $73.1M | 0.02% |
694,300
+331,000
| +91% | +$35.9M |
|
736
PUT
TransDigm Group
TDG
$66.3B
| $72.8M | 0.02% |
98,800
+61,600
| +166% | +$44M |
|
737
Medtronic
MDT
$119B
| $72.8M | 0.02% |
902,554
+369,730
| +69% | +$30.1M |
|
738
CALL
Ross Stores
ROST
$77.5B
| $72.7M | 0.02% |
685,100
-53,200
| -7% | -$5.98M |
|
739
Waste Management
WM
$90.5B
| $72.7M | 0.02% |
445,262
+275,811
| +163% | +$42.2M |
|
740
CALL
Cummins
CMI
$78.7B
| $72.5M | 0.02% |
303,500
-70,600
| -19% | -$17.2M |
|
741
Mondelez International
MDLZ
$82.6B
| $72.5M | 0.02% |
1,039,854
+310,073
| +42% | +$20.5M |
|
742
PUT
General Mills
GIS
$21.9B
| $72.3M | 0.02% |
846,300
+364,600
| +76% | +$29.1M |
|
743
PUT
Nutanix
NTNX
$18B
| $72.3M | 0.02% |
2,782,000
+1,715,500
| +161% | +$46.4M |
|
744
CALL
DuPont de Nemours
DD
$18.5B
| $72.3M | 0.02% |
802,323
+302,654
| +61% | +$27.6M |
|
745
CALL
Super Micro Computer
SMCI
$22.8B
| $71.8M | 0.02% |
6,741,000
+1,806,000
| +37% | +$16.3M |
|
746
CALL
Zoetis
ZTS
$31.9B
| $71.8M | 0.02% |
431,500
-78,100
| -15% | -$12.8M |
|
747
Diamondback Energy
FANG
$57.6B
| $71.8M | 0.02% |
531,035
+334,101
| +170% | +$46.5M |
|
|
HES
748
PUT
DELISTED
Hess
HES
| $71.6M | 0.02% |
541,100
-47,700
| -8% | -$6.64M |
|
749
Target
TGT
$77.2B
| $71.5M | 0.02% |
431,772
-232,034
| -35% | -$38.1M |
|
750
CALL
Burlington
BURL
$20.8B
| $71.4M | 0.02% |
353,200
-378,000
| -52% | -$82.6M |
|
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.