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 | |
|---|---|---|---|---|---|---|
826
CALL
Antero Resources
AR
$11.7B
| $61.9M | 0.01% |
2,681,600
-56,700
| -2% | -$1.49M |
|
827
CALL
Veeva Systems
VEEV
$40.4B
| $61.5M | 0.01% |
334,700
-99,600
| -23% | -$17M |
|
828
S&P Global
SPGI
$128B
| $61.5M | 0.01% |
178,415
-46,102
| -21% | -$16.2M |
|
829
CALL
Coupang
CPNG
$29.6B
| $61.2M | 0.01% |
3,824,200
+256,800
| +7% | +$3.98M |
|
830
CALL
Paychex
PAYX
$44.8B
| $61M | 0.01% |
532,100
-289,300
| -35% | -$32.9M |
|
831
Prologis
PLD
$136B
| $60.9M | 0.01% |
488,399
-235,801
| -33% | -$29M |
|
832
CALL
Cintas
CTAS
$83B
| $60.9M | 0.01% |
526,400
+58,400
| +12% | +$6.44M |
|
833
CALL
Madrigal Pharmaceuticals
MDGL
$11.8B
| $60.9M | 0.01% |
251,300
+29,300
| +13% | +$7.98M |
|
|
SPLK
834
PUT
DELISTED
Splunk Inc
SPLK
| $60.8M | 0.01% |
633,900
+321,700
| +103% | +$30.8M |
|
835
PUT
Phillips 66
PSX
$96.5B
| $60.8M | 0.01% |
599,400
-433,200
| -42% | -$44M |
|
836
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$301M
| $60.8M | 0.01% |
2,173,000
-974,400
| -31% | -$28.6M |
|
|
EA
837
DELISTED
Electronic Arts
EA
| $60.7M | 0.01% |
504,332
+358,627
| +246% | +$42.1M |
|
838
PUT
BJs Wholesale Club
BJ
$12.6B
| $60.7M | 0.01% |
798,100
-107,200
| -12% | -$7.79M |
|
839
Enphase Energy
ENPH
$4.91B
| $60.6M | 0.01% |
288,291
+52,199
| +22% | +$11.3M |
|
840
CALL
Zscaler
ZS
$28.5B
| $60.5M | 0.01% |
517,800
-1,050,700
| -67% | -$126M |
|
841
CALL
Zillow
Z
$8.33B
| $60.3M | 0.01% |
1,357,000
-865,400
| -39% | -$36.8M |
|
842
Blackrock
BLK
$182B
| $60.2M | 0.01% |
89,976
-16,530
| -16% | -$11.6M |
|
843
PUT
Wayfair
W
$14.1B
| $60.2M | 0.01% |
1,752,100
+987,300
| +129% | +$43.7M |
|
844
Cenovus Energy
CVE
$59.3B
| $60.1M | 0.01% |
3,442,269
+735,506
| +27% | +$13.5M |
|
845
PUT
Cameco
CCJ
$44.5B
| $60M | 0.01% |
2,291,900
+944,500
| +70% | +$25M |
|
846
CALL
XPeng
XPEV
$10.7B
| $60M | 0.01% |
5,396,600
-1,605,400
| -23% | -$15.5M |
|
847
Peabody Energy
BTU
$3.4B
| $59.9M | 0.01% |
2,338,906
+1,734,883
| +287% | +$46.1M |
|
848
PUT
Tyson Foods
TSN
$20.4B
| $59.7M | 0.01% |
1,006,300
-118,800
| -11% | -$7.29M |
|
849
CALL
Ally Financial
ALLY
$12.9B
| $59.7M | 0.01% |
2,340,600
+1,250,100
| +115% | +$35.8M |
|
850
PUT
SoFi Technologies
SOFI
$23.6B
| $59.6M | 0.01% |
9,825,900
+3,372,500
| +52% | +$20.5M |
|
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.