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 | |
|---|---|---|---|---|---|---|
951
CALL
Aflac
AFL
$59.3B
| $49.4M | 0.01% |
766,400
-388,000
| -34% | -$26.6M |
|
952
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $49.4M | 0.01% |
2,701,858
+2,547,155
| +1,646% | +$37.9M |
|
953
Ecolab
ECL
$80.4B
| $49.4M | 0.01% |
298,634
+164,240
| +122% | +$25.6M |
|
954
PUT
Moody's
MCO
$88.6B
| $49.3M | 0.01% |
161,200
+57,400
| +55% | +$17.3M |
|
955
CALL
LyondellBasell Industries
LYB
$21.1B
| $49.2M | 0.01% |
523,700
+215,700
| +70% | +$20.1M |
|
956
Take-Two Interactive
TTWO
$43.7B
| $49.1M | 0.01% |
411,932
+179,081
| +77% | +$20M |
|
957
Twilio
TWLO
$34.2B
| $49.1M | 0.01% |
737,539
+42,289
| +6% | +$2.61M |
|
958
CALL
Cboe Global Markets
CBOE
$32.2B
| $48.9M | 0.01% |
364,400
+58,800
| +19% | +$7.38M |
|
959
PUT
Hasbro
HAS
$13.5B
| $48.9M | 0.01% |
910,500
-203,000
| -18% | -$11.6M |
|
960
PUT
United States Natural Gas Fund
UNG
$511M
| $48.9M | 0.01% |
1,742,900
+743,750
| +74% | +$27M |
|
961
NIO
NIO
$10.9B
| $48.8M | 0.01% |
4,646,190
+1,926,961
| +71% | +$19.7M |
|
962
SLB Ltd
SLB
$80.1B
| $48.8M | 0.01% |
994,377
-407,694
| -29% | -$21.6M |
|
|
FITB
963
PUT
Fifth Third Bancorp
FITB
$49.8B
| $48.6M | 0.01% |
1,825,400
+1,456,500
| +395% | +$48.4M |
|
964
PUT
Kroger
KR
$36.2B
| $48.6M | 0.01% |
983,700
+102,200
| +12% | +$4.67M |
|
965
Albemarle
ALB
$16.7B
| $48.6M | 0.01% |
219,697
+113,564
| +107% | +$28M |
|
966
PUT
Skyworks Solutions
SWKS
$10.1B
| $48.5M | 0.01% |
411,200
-401,900
| -49% | -$44.5M |
|
967
CALL
C.H. Robinson
CHRW
$16.7B
| $48.2M | 0.01% |
485,500
-94,700
| -16% | -$9.32M |
|
|
968
CALL
Kroger
KR
$36.2B
| $48.1M | 0.01% |
974,800
-219,500
| -18% | -$10M |
|
969
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $48.1M | 0.01% |
456,100
+26,100
| +6% | +$2.81M |
|
970
CALL
Monolithic Power Systems
MPWR
$63.2B
| $48.1M | 0.01% |
96,000
+60,300
| +169% | +$27.7M |
|
971
PUT
Kraft Heinz
KHC
$30.4B
| $48M | 0.01% |
1,240,500
-16,200
| -1% | -$641K |
|
|
972
CALL
United States Natural Gas Fund
UNG
$511M
| $47.9M | 0.01% |
1,709,250
+167,825
| +11% | +$6.09M |
|
973
CALL
BILL Holdings
BILL
$4.8B
| $47.9M | 0.01% |
590,300
-175,700
| -23% | -$16.3M |
|
974
TJX Companies
TJX
$155B
| $47.8M | 0.01% |
610,364
-16,184
| -3% | -$1.27M |
|
975
PUT
Becton Dickinson
BDX
$52B
| $47.8M | 0.01% |
192,900
-48,200
| -20% | -$11.8M |
|
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.