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 | |
|---|---|---|---|---|---|---|
926
Zoetis
ZTS
$31.9B
| $51.2M | 0.01% |
307,475
+130,712
| +74% | +$21.4M |
|
927
Colgate-Palmolive
CL
$73.8B
| $51.1M | 0.01% |
680,597
+51,047
| +8% | +$3.8M |
|
928
CALL
Truist Financial
TFC
$62.1B
| $51M | 0.01% |
1,494,300
+203,300
| +16% | +$8.87M |
|
929
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $50.9M | 0.01% |
513,600
+322,800
| +169% | +$31.6M |
|
930
SoFi Technologies
SOFI
$23.6B
| $50.9M | 0.01% |
8,386,117
-1,016,515
| -11% | -$6.16M |
|
931
PUT
AB InBev
BUD
$156B
| $50.8M | 0.01% |
761,500
+240,100
| +46% | +$14.5M |
|
|
DOCU
932
DocuSign
DOCU
$11.9B
| $50.7M | 0.01% |
870,432
+381,192
| +78% | +$22.7M |
|
933
CALL
Celsius Holdings
CELH
$8.86B
| $50.7M | 0.01% |
1,636,800
-816,900
| -33% | -$25.8M |
|
934
DuPont de Nemours
DD
$18.5B
| $50.6M | 0.01% |
561,301
+406,653
| +263% | +$37.1M |
|
935
PUT
BioNTech
BNTX
$28.3B
| $50.5M | 0.01% |
405,500
-369,300
| -48% | -$50.7M |
|
936
CALL
Whirlpool
WHR
$2.62B
| $50.5M | 0.01% |
382,300
-48,900
| -11% | -$6.96M |
|
937
Zscaler
ZS
$28.5B
| $50.4M | 0.01% |
431,580
+199,069
| +86% | +$23.9M |
|
938
CALL
Royal Gold
RGLD
$22.3B
| $50.4M | 0.01% |
388,700
-276,700
| -42% | -$34.1M |
|
939
PUT
XP
XP
$8.66B
| $50.3M | 0.01% |
4,241,100
+2,819,700
| +198% | +$40.2M |
|
940
CALL
Star Bulk Carriers
SBLK
$3.43B
| $50.3M | 0.01% |
2,382,200
-376,900
| -14% | -$8.24M |
|
941
Dow Inc
DOW
$22.7B
| $50.3M | 0.01% |
917,715
+355,012
| +63% | +$20M |
|
942
Fair Isaac
FICO
$25.2B
| $50.3M | 0.01% |
71,515
+69,612
| +3,658% | +$46.3M |
|
943
CALL
O'Reilly Automotive
ORLY
$73.4B
| $50.2M | 0.01% |
886,500
-369,000
| -29% | -$20.2M |
|
944
Carnival Corporation Ltd
CCL
$35.2B
| $50.1M | 0.01% |
4,938,778
+3,168,222
| +179% | +$32.8M |
|
945
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $49.9M | 0.01% |
537,700
+476,100
| +773% | +$43.7M |
|
946
CALL
Petrobras
PBR
$120B
| $49.8M | 0.01% |
4,779,200
-9,484,200
| -66% | -$103M |
|
947
CALL
Yum! Brands
YUM
$42.9B
| $49.8M | 0.01% |
377,000
-61,800
| -14% | -$7.95M |
|
|
948
CALL
SoFi Technologies
SOFI
$23.6B
| $49.7M | 0.01% |
8,188,300
-592,300
| -7% | -$3.59M |
|
|
FISV
949
Fiserv Inc
FISV
$28.2B
| $49.7M | 0.01% |
439,638
+73,815
| +20% | +$8.12M |
|
|
BNY
950
Bank of New York Mellon
BNY
$110B
| $49.5M | 0.01% |
1,089,603
+525,693
| +93% | +$25.5M |
|
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.