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 | |
|---|---|---|---|---|---|---|
851
CALL
Western Digital
WDC
$157B
| $59.5M | 0.01% |
2,091,002
+228,879
| +12% | +$6.71M |
|
852
PUT
DuPont de Nemours
DD
$18.5B
| $59.5M | 0.01% |
660,676
+407,575
| +161% | +$37.2M |
|
853
KLA
KLAC
$237B
| $59.3M | 0.01% |
1,485,820
+587,180
| +65% | +$23.1M |
|
854
CALL
Peloton Interactive
PTON
$2.35B
| $59.3M | 0.01% |
5,228,600
-576,900
| -10% | -$6.94M |
|
855
CALL
Schwab US Dividend Equity ETF
SCHD
$112B
| $59.3M | 0.01% |
2,430,900
+613,200
| +34% | +$15.3M |
|
856
PUT
JB Hunt Transport Services
JBHT
$24.4B
| $59.2M | 0.01% |
337,600
-145,600
| -30% | -$26.5M |
|
|
MRO
857
CALL
DELISTED
Marathon Oil Corporation
MRO
| $59.2M | 0.01% |
2,468,700
+270,700
| +12% | +$6.92M |
|
858
ON Semiconductor
ON
$28B
| $59.1M | 0.01% |
718,354
+556,012
| +342% | +$42.2M |
|
859
CALL
Darden Restaurants
DRI
$25.6B
| $58.7M | 0.01% |
378,400
+46,500
| +14% | +$6.88M |
|
860
CALL
Estee Lauder
EL
$37.7B
| $58.5M | 0.01% |
237,300
-122,600
| -34% | -$31.1M |
|
861
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $58.4M | 0.01% |
1,098,600
+123,200
| +13% | +$6.7M |
|
862
American Airlines Group
AAL
$9.02B
| $58.4M | 0.01% |
3,959,366
+3,568,230
| +912% | +$55.6M |
|
863
CALL
Steel Dynamics
STLD
$32.9B
| $58.4M | 0.01% |
516,400
+117,200
| +29% | +$13.6M |
|
864
CALL
On Holding
ONON
$9.86B
| $58.3M | 0.01% |
1,878,700
+1,100,400
| +141% | +$24.9M |
|
865
PUT
Mondelez International
MDLZ
$82.6B
| $58.3M | 0.01% |
835,700
+100,100
| +14% | +$6.63M |
|
866
PUT
Rivian
RIVN
$24B
| $58.1M | 0.01% |
3,755,400
+1,208,000
| +47% | +$20.4M |
|
867
CALL
Spectrum Brands
SPB
$2.03B
| $58.1M | 0.01% |
877,700
+694,300
| +379% | +$43.8M |
|
868
PUT
Floor & Decor
FND
$5.84B
| $58M | 0.01% |
590,400
+436,700
| +284% | +$39.2M |
|
|
EXE
869
PUT
Expand Energy Corp
EXE
$22.3B
| $57.9M | 0.01% |
761,900
+110,700
| +17% | +$9.11M |
|
870
Freeport-McMoran
FCX
$112B
| $57.8M | 0.01% |
1,412,523
-1,903,639
| -57% | -$79.2M |
|
871
CALL
The Mosaic Company
MOS
$7.63B
| $57.7M | 0.01% |
1,258,100
-392,000
| -24% | -$19M |
|
872
PUT
Sunrun
RUN
$2.15B
| $57.7M | 0.01% |
2,862,800
+1,711,000
| +149% | +$39.9M |
|
873
CALL
CF Industries
CF
$19.6B
| $57.6M | 0.01% |
795,000
+210,700
| +36% | +$17.2M |
|
874
Simon Property Group
SPG
$71.4B
| $57.6M | 0.01% |
514,208
+266,743
| +108% | +$31.9M |
|
875
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $57.6M | 0.01% |
282,000
-203,900
| -42% | -$40.8M |
|
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.