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 | |
|---|---|---|---|---|---|---|
751
PUT
Crocs
CROX
$6.03B
| $71.4M | 0.02% |
564,500
+143,900
| +34% | +$17.4M |
|
752
T-Mobile US
TMUS
$196B
| $71.3M | 0.02% |
492,535
+74,989
| +18% | +$10.9M |
|
753
PUT
HCA Healthcare
HCA
$92.9B
| $71.2M | 0.02% |
270,200
-53,400
| -17% | -$13.6M |
|
754
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $71.2M | 0.02% |
516,600
+145,600
| +39% | +$18.9M |
|
755
CALL
Unity
U
$20.3B
| $70.8M | 0.02% |
2,181,800
-1,176,200
| -35% | -$37.8M |
|
756
CALL
Clorox
CLX
$13B
| $70.7M | 0.02% |
446,900
-216,600
| -33% | -$32.5M |
|
757
Automatic Data Processing
ADP
$112B
| $70.6M | 0.02% |
317,064
+88,894
| +39% | +$20.1M |
|
758
PUT
Generac Holdings
GNRC
$12B
| $70.5M | 0.02% |
652,500
+24,900
| +4% | +$2.88M |
|
759
Humana
HUM
$46.4B
| $70.3M | 0.02% |
144,914
+82,246
| +131% | +$40.7M |
|
|
SGEN
760
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $70.3M | 0.02% |
347,400
+249,500
| +255% | +$40M |
|
761
PUT
McKesson
MCK
$102B
| $70.2M | 0.01% |
197,200
-116,300
| -37% | -$42M |
|
762
CALL
AstraZeneca
AZN
$259B
| $69.9M | 0.01% |
503,500
-59,750
| -11% | -$8.04M |
|
763
CALL
Scorpio Tankers
STNG
$3.92B
| $69.8M | 0.01% |
1,239,900
+343,800
| +38% | +$18.8M |
|
764
CALL
Macy's
M
$6.1B
| $69.8M | 0.01% |
3,990,500
+145,800
| +4% | +$3.09M |
|
765
PUT
Ally Financial
ALLY
$12.9B
| $69.6M | 0.01% |
2,732,100
+1,414,600
| +107% | +$40.5M |
|
766
Blackstone
BX
$108B
| $69.3M | 0.01% |
789,162
+161,691
| +26% | +$14.3M |
|
767
Estee Lauder
EL
$37.7B
| $69.3M | 0.01% |
281,060
+184,733
| +192% | +$46.9M |
|
|
768
CALL
HCA Healthcare
HCA
$92.9B
| $69.2M | 0.01% |
262,600
+19,300
| +8% | +$4.9M |
|
769
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $69.2M | 0.01% |
+2,949,950
| New | +$68.6M |
|
770
PUT
The Mosaic Company
MOS
$7.63B
| $69.2M | 0.01% |
1,507,300
-1,646,000
| -52% | -$79.7M |
|
|
EXE
771
CALL
Expand Energy Corp
EXE
$22.3B
| $69.1M | 0.01% |
908,800
+175,700
| +24% | +$14.5M |
|
772
Intuitive Surgical
ISRG
$132B
| $69.1M | 0.01% |
270,404
+66,099
| +32% | +$16.3M |
|
773
PUT
Zoetis
ZTS
$31.9B
| $69M | 0.01% |
414,500
-24,700
| -6% | -$4.05M |
|
774
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $68.9M | 0.01% |
1,857,400
+1,260,300
| +211% | +$56.7M |
|
775
PUT
Williams-Sonoma
WSM
$28B
| $68.8M | 0.01% |
1,131,000
-29,600
| -3% | -$1.85M |
|
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.