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 | |
|---|---|---|---|---|---|---|
1001
CALL
Expedia Group
EXPE
$40.7B
| $46.1M | 0.01% |
474,700
-255,100
| -35% | -$26.7M |
|
1002
CALL
Williams Companies
WMB
$86.8B
| $46M | 0.01% |
1,541,200
+69,200
| +5% | +$2.14M |
|
1003
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $45.9M | 0.01% |
572,373
+564,373
| +7,055% | +$44.7M |
|
1004
PUT
WIX.com
WIX
$3.53B
| $45.9M | 0.01% |
459,700
+64,200
| +16% | +$5.64M |
|
1005
PUT
Lyft
LYFT
$6.69B
| $45.9M | 0.01% |
4,947,400
+2,470,300
| +100% | +$29.8M |
|
1006
Nutanix
NTNX
$18B
| $45.8M | 0.01% |
1,764,068
+1,253,812
| +246% | +$33.9M |
|
1007
PUT
Monster Beverage
MNST
$95.8B
| $45.8M | 0.01% |
1,697,600
+58,800
| +4% | +$1.51M |
|
1008
Realty Income
O
$59.8B
| $45.8M | 0.01% |
722,553
+478,267
| +196% | +$31M |
|
1009
CALL
Tyson Foods
TSN
$20.4B
| $45.7M | 0.01% |
771,000
+97,800
| +15% | +$6M |
|
1010
Ulta Beauty
ULTA
$23.2B
| $45.7M | 0.01% |
83,794
-15,343
| -15% | -$7.87M |
|
1011
CALL
Danaos Corp
DAC
$2.74B
| $45.7M | 0.01% |
837,100
+104,900
| +14% | +$5.95M |
|
|
K
1012
CALL
DELISTED
Kellanova
K
| $45.6M | 0.01% |
725,585
+173,276
| +31% | +$10.9M |
|
1013
PUT
Pool Corp
POOL
$6.84B
| $45.3M | 0.01% |
132,300
-44,400
| -25% | -$15.8M |
|
1014
Phillips 66
PSX
$96.5B
| $45.3M | 0.01% |
446,756
+232,753
| +109% | +$23.7M |
|
|
APTV.PRA
1015
DELISTED
Aptiv PLC 5.50% Series A Mandatory Convertible Preferred Shares
APTV.PRA
| $45.2M | 0.01% |
368,000
+153,000
| +71% | +$18.7M |
|
1016
CALL
Cadence Design Systems
CDNS
$87B
| $45.1M | 0.01% |
214,900
+21,400
| +11% | +$4.05M |
|
|
1017
Monster Beverage
MNST
$95.8B
| $44.9M | 0.01% |
1,663,026
+374,310
| +29% | +$9.6M |
|
1018
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $44.9M | 0.01% |
2,560,700
+1,383,300
| +117% | +$19.9M |
|
1019
PUT
Knight Transportation
KNX
$11.2B
| $44.7M | 0.01% |
789,200
+150,000
| +23% | +$8.58M |
|
1020
CALL
Sherwin-Williams
SHW
$84.2B
| $44.6M | 0.01% |
198,600
-308,100
| -61% | -$70.5M |
|
1021
PUT
Ross Stores
ROST
$77.5B
| $44.6M | 0.01% |
420,500
-186,300
| -31% | -$20.9M |
|
1022
Progressive
PGR
$130B
| $44.6M | 0.01% |
311,512
+92,816
| +42% | +$12.8M |
|
1023
PUT
Insulet
PODD
$10.1B
| $44.6M | 0.01% |
139,700
+26,900
| +24% | +$7.97M |
|
1024
CALL
Cardinal Health
CAH
$54B
| $44.5M | 0.01% |
589,900
-147,700
| -20% | -$11.1M |
|
1025
Hershey
HSY
$38.2B
| $44.5M | 0.01% |
174,836
+114,997
| +192% | +$27M |
|
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.