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 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$346M
| $72.1M | 0.01% |
1,332,900
+1,259,990
| +1,728% | +$74.3M |
|
777
PUT
Rio Tinto
RIO
$170B
| $72M | 0.01% |
1,127,200
-502,400
| -31% | -$32.3M |
|
778
PUT
HCA Healthcare
HCA
$92.9B
| $71.8M | 0.01% |
236,600
-33,600
| -12% | -$9.34M |
|
779
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $71.6M | 0.01% |
478,300
+116,000
| +32% | +$16.7M |
|
780
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $71.3M | 0.01% |
950,424
+945,749
| +20,230% | +$70.6M |
|
781
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $71.2M | 0.01% |
822,900
-527,500
| -39% | -$45M |
|
782
CALL
On Holding
ONON
$9.86B
| $71.2M | 0.01% |
2,157,800
+279,100
| +15% | +$8.49M |
|
783
Paychex
PAYX
$44.8B
| $71.1M | 0.01% |
635,673
+448,588
| +240% | +$49.1M |
|
784
iShares China Large-Cap ETF
FXI
$4.24B
| $71M | 0.01% |
2,613,051
-2,139,857
| -45% | -$60M |
|
785
Pinduoduo
PDD
$124B
| $71M | 0.01% |
1,026,215
-805,516
| -44% | -$55.3M |
|
786
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $70.9M | 0.01% |
4,177,189
+1,130,209
| +37% | +$18.3M |
|
787
Arista Networks
ANET
$237B
| $70.8M | 0.01% |
1,748,392
+1,209,320
| +224% | +$46.8M |
|
788
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $70.7M | 0.01% |
1,730,621
-1,272,933
| -42% | -$52.2M |
|
789
CALL
Air Products & Chemicals
APD
$68.2B
| $70.7M | 0.01% |
235,900
-124,700
| -35% | -$35.5M |
|
790
CALL
Atlassian
TEAM
$43.4B
| $70.6M | 0.01% |
420,500
-192,200
| -31% | -$30.8M |
|
791
CALL
DuPont de Nemours
DD
$18.5B
| $70.4M | 0.01% |
785,434
-16,889
| -2% | -$1.45M |
|
|
SPLK
792
PUT
DELISTED
Splunk Inc
SPLK
| $70.4M | 0.01% |
663,800
+29,900
| +5% | +$2.84M |
|
793
CALL
Kroger
KR
$36.2B
| $70.2M | 0.01% |
1,493,400
+518,600
| +53% | +$24.7M |
|
794
CALL
Clorox
CLX
$13B
| $70.1M | 0.01% |
440,600
-6,300
| -1% | -$1.02M |
|
795
MongoDB
MDB
$32.4B
| $69.9M | 0.01% |
170,173
+90,895
| +115% | +$26.5M |
|
796
PUT
Digital Realty Trust
DLR
$69.8B
| $69.7M | 0.01% |
611,900
+404,000
| +194% | +$40M |
|
797
Constellation Brands
STZ
$23.5B
| $69.6M | 0.01% |
282,771
+153,054
| +118% | +$35.8M |
|
798
PUT
TJX Companies
TJX
$155B
| $69.6M | 0.01% |
820,400
-57,400
| -7% | -$4.53M |
|
799
CALL
Corning
GLW
$125B
| $69.3M | 0.01% |
1,978,800
+629,000
| +47% | +$20.7M |
|
800
Phillips 66
PSX
$96.5B
| $69.2M | 0.01% |
725,632
+278,876
| +62% | +$27.1M |
|
Similar funds
Jeff Yass's Q2 2023 Portfolio in Review
As of Q2 2023, Jeff Yass held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass withdrew a net $23.6B in Q2 2023, closing 1,867 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Jeff Yass's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Jeff Yass added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Jeff Yass's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Jeff Yass fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Jeff Yass's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Jeff Yass opened 1,370 new positions and closed 1,867 in Q2 2023.
- Jeff Yass's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.