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 | |
|---|---|---|---|---|---|---|
976
PUT
Carlyle Group
CG
$17.5B
| $47.7M | 0.01% |
1,536,900
+1,201,800
| +359% | +$40.1M |
|
977
CALL
Plains All American Pipeline
PAA
$17.6B
| $47.7M | 0.01% |
3,826,200
+727,500
| +23% | +$9.08M |
|
978
PUT
Boston Scientific
BSX
$71B
| $47.6M | 0.01% |
952,000
+395,000
| +71% | +$18.6M |
|
979
CALL
Corning
GLW
$125B
| $47.6M | 0.01% |
1,349,800
+77,800
| +6% | +$2.71M |
|
980
Unity
U
$20.3B
| $47.6M | 0.01% |
1,466,913
+806,936
| +122% | +$26M |
|
981
Fidelity National Information Services
FIS
$21.4B
| $47.4M | 0.01% |
871,835
+130,544
| +18% | +$8.5M |
|
982
CALL
Old Dominion Freight Line
ODFL
$41.8B
| $47.3M | 0.01% |
277,800
+50,400
| +22% | +$8.44M |
|
983
Lam Research
LRCX
$388B
| $47.3M | 0.01% |
892,860
-252,980
| -22% | -$12.4M |
|
984
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $47M | 0.01% |
668,900
+468,600
| +234% | +$31.7M |
|
985
Nice
NICE
$5.87B
| $47M | 0.01% |
205,249
+180,940
| +744% | +$38M |
|
986
CALL
Nutrien
NTR
$35.5B
| $46.9M | 0.01% |
634,500
-2,600
| -0.4% | -$201K |
|
|
CNR
987
CALL
Core Natural Resources Inc
CNR
$4.78B
| $46.8M | 0.01% |
804,000
+39,500
| +5% | +$2.25M |
|
988
CALL
Riot Platforms
RIOT
$7.51B
| $46.8M | 0.01% |
4,682,500
+2,013,500
| +75% | +$13.1M |
|
989
PUT
HP
HPQ
$26.1B
| $46.7M | 0.01% |
1,590,500
+502,600
| +46% | +$14.4M |
|
990
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $46.5M | 0.01% |
302,100
+112,900
| +60% | +$17.3M |
|
991
CALL
ProShares UltraPro S&P 500
UPRO
$5.45B
| $46.5M | 0.01% |
1,206,200
+144,500
| +14% | +$5.26M |
|
992
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $46.4M | 0.01% |
1,149,700
+24,100
| +2% | +$982K |
|
993
PUT
TFI International
TFII
$11.2B
| $46.4M | 0.01% |
389,000
+25,400
| +7% | +$2.96M |
|
994
PUT
Sociedad Química y Minera de Chile
SQM
$23.5B
| $46.4M | 0.01% |
572,200
+248,200
| +77% | +$21.4M |
|
995
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $46.4M | 0.01% |
804,200
+290,900
| +57% | +$22.1M |
|
996
PUT
eBay
EBAY
$47.7B
| $46.4M | 0.01% |
1,044,700
+159,100
| +18% | +$7.29M |
|
997
PUT
Veeva Systems
VEEV
$40.4B
| $46.3M | 0.01% |
251,700
+9,400
| +4% | +$1.6M |
|
998
Align Technology
ALGN
$11.3B
| $46.2M | 0.01% |
138,273
+53,015
| +62% | +$15.6M |
|
999
ASML
ASML
$668B
| $46.2M | 0.01% |
67,853
-41,256
| -38% | -$26.5M |
|
|
KRTX
1000
CALL
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $46.1M | 0.01% |
254,000
+79,400
| +45% | +$15.2M |
|
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.