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 | |
|---|---|---|---|---|---|---|
1076
Republic Services
RSG
$68.3B
| $40.8M | 0.01% |
301,836
+223,383
| +285% | +$28.5M |
|
1077
PUT
Halliburton
HAL
$28.9B
| $40.8M | 0.01% |
1,289,500
+123,600
| +11% | +$4.58M |
|
|
PXD
1078
DELISTED
Pioneer Natural Resource Co.
PXD
| $40.7M | 0.01% |
199,441
+90,692
| +83% | +$19.5M |
|
1079
CALL
Oneok
OKE
$58.6B
| $40.7M | 0.01% |
640,500
-64,900
| -9% | -$4.31M |
|
1080
CALL
ZIM Integrated Shipping Services
ZIM
$3.42B
| $40.6M | 0.01% |
1,721,400
+673,900
| +64% | +$14.2M |
|
1081
CALL
Norwegian Cruise Line
NCLH
$7.91B
| $40.6M | 0.01% |
3,015,000
-2,011,100
| -40% | -$30.1M |
|
1082
PUT
iShares MSCI Canada ETF
EWC
$6.9B
| $40.5M | 0.01% |
1,185,700
-193,500
| -14% | -$6.63M |
|
1083
PUT
Cenovus Energy
CVE
$59.3B
| $40.5M | 0.01% |
2,319,700
+433,600
| +23% | +$7.96M |
|
1084
CALL
NetApp
NTAP
$36.7B
| $40.5M | 0.01% |
633,600
+159,500
| +34% | +$10.3M |
|
|
LSI
1085
PUT
DELISTED
Life Storage, Inc.
LSI
| $40.4M | 0.01% |
308,500
+299,600
| +3,366% | +$34.7M |
|
1086
CALL
Dominion Energy
D
$58.6B
| $40.4M | 0.01% |
722,700
+72,200
| +11% | +$4.23M |
|
1087
CALL
PG&E
PCG
$39.9B
| $40.2M | 0.01% |
2,487,000
-136,700
| -5% | -$2.16M |
|
1088
PUT
Live Nation Entertainment
LYV
$43B
| $40.1M | 0.01% |
572,300
+70,900
| +14% | +$5.2M |
|
1089
Snowflake
SNOW
$112B
| $40M | 0.01% |
259,412
+169,197
| +188% | +$24.8M |
|
1090
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $40M | 0.01% |
199,500
-37,300
| -16% | -$7.84M |
|
1091
CALL
Novartis
NVS
$300B
| $39.9M | 0.01% |
434,000
-423,400
| -49% | -$37M |
|
1092
PUT
Canadian Solar
CSIQ
$972M
| $39.9M | 0.01% |
1,002,700
-66,000
| -6% | -$2.62M |
|
|
RETA
1093
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $39.8M | 0.01% |
437,200
+183,600
| +72% | +$10.8M |
|
1094
Corteva
CTVA
$55.3B
| $39.6M | 0.01% |
657,258
+347,246
| +112% | +$21.2M |
|
1095
PACCAR
PCAR
$68.4B
| $39.6M | 0.01% |
540,862
+283,705
| +110% | +$20.3M |
|
1096
PUT
GitLab
GTLB
$7.1B
| $39.6M | 0.01% |
1,154,400
+896,900
| +348% | +$39.4M |
|
1097
Cencora
COR
$61.8B
| $39.5M | 0.01% |
246,955
+183,062
| +287% | +$29M |
|
1098
O'Reilly Automotive
ORLY
$73.4B
| $39.5M | 0.01% |
698,415
+4,455
| +0.6% | +$244K |
|
1099
PUT
Transocean
RIG
$6.44B
| $39.3M | 0.01% |
6,181,400
-255,600
| -4% | -$1.64M |
|
1100
CALL
Five Below
FIVE
$14.5B
| $39.3M | 0.01% |
190,800
-170,200
| -47% | -$33.5M |
|
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.