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 | |
|---|---|---|---|---|---|---|
1026
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $44.5M | 0.01% |
1,100,800
-411,900
| -27% | -$16.8M |
|
1027
PUT
Western Alliance Bancorporation
WAL
$8.55B
| $44.4M | 0.01% |
1,248,900
+1,160,300
| +1,310% | +$71.1M |
|
1028
CALL
Alpha Metallurgical Resources
AMR
$2.66B
| $44.3M | 0.01% |
284,200
+177,400
| +166% | +$28.4M |
|
1029
CALL
Quanta Services
PWR
$92.7B
| $44.3M | 0.01% |
266,000
+152,700
| +135% | +$23.5M |
|
1030
KraneShares CSI China Internet ETF
KWEB
$5.18B
| $44.3M | 0.01% |
1,421,024
+1,255,275
| +757% | +$40.1M |
|
1031
Chubb
CB
$133B
| $44.1M | 0.01% |
227,218
+53,726
| +31% | +$11.3M |
|
1032
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $43.9M | 0.01% |
339,600
-18,700
| -5% | -$2.45M |
|
1033
CALL
L3Harris
LHX
$48.9B
| $43.8M | 0.01% |
223,300
+3,100
| +1% | +$634K |
|
1034
Archer Daniels Midland
ADM
$37.7B
| $43.7M | 0.01% |
548,703
+203,526
| +59% | +$16.6M |
|
1035
CALL
Sysco
SYY
$40.1B
| $43.7M | 0.01% |
565,300
-242,100
| -30% | -$18.6M |
|
1036
CALL
Lucid Motors
LCID
$2.01B
| $43.5M | 0.01% |
541,080
-153,880
| -22% | -$13.7M |
|
1037
CALL
CSX Corp
CSX
$95.3B
| $43.4M | 0.01% |
1,450,300
-18,900
| -1% | -$581K |
|
1038
Southern Company
SO
$104B
| $43.4M | 0.01% |
624,051
+149,791
| +32% | +$10.1M |
|
1039
PUT
Wheaton Precious Metals
WPM
$72.8B
| $43.2M | 0.01% |
897,300
-552,300
| -38% | -$24.1M |
|
1040
PUT
First Citizens BancShares
FCNCA
$24.7B
| $43.2M | 0.01% |
44,400
+16,500
| +59% | +$12.3M |
|
1041
Moderna
MRNA
$55.4B
| $43.1M | 0.01% |
280,610
-31,802
| -10% | -$5.25M |
|
1042
Chipotle Mexican Grill
CMG
$48.1B
| $43.1M | 0.01% |
1,261,350
+27,850
| +2% | +$875K |
|
1043
Autodesk
ADSK
$53.7B
| $43.1M | 0.01% |
206,910
+79,940
| +63% | +$16.5M |
|
1044
CALL
Digital Realty Trust
DLR
$69.8B
| $43M | 0.01% |
437,800
+247,800
| +130% | +$26.1M |
|
1045
Cleveland-Cliffs
CLF
$6.45B
| $43M | 0.01% |
2,346,034
+819,277
| +54% | +$16.2M |
|
1046
PUT
Ferrari
RACE
$74.6B
| $42.9M | 0.01% |
158,400
+93,700
| +145% | +$23.9M |
|
1047
CALL
Microchip Technology
MCHP
$40.3B
| $42.8M | 0.01% |
510,400
-233,500
| -31% | -$18.6M |
|
1048
CALL
TransDigm Group
TDG
$66.3B
| $42.7M | 0.01% |
58,000
+13,700
| +31% | +$9.79M |
|
1049
PUT
Truist Financial
TFC
$62.1B
| $42.6M | 0.01% |
1,248,500
+1,035,700
| +487% | +$45.2M |
|
1050
Workday
WDAY
$49.2B
| $42.6M | 0.01% |
206,088
+85,925
| +72% | +$15.6M |
|
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.