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 | |
|---|---|---|---|---|---|---|
1126
PUT
AutoNation
AN
$6.45B
| $38.2M | 0.01% |
284,400
-11,200
| -4% | -$1.44M |
|
1127
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $38.1M | 0.01% |
945,200
-2,883,600
| -75% | -$117M |
|
1128
CALL
BJs Wholesale Club
BJ
$12.6B
| $38M | 0.01% |
499,700
+300,000
| +150% | +$21.8M |
|
1129
PUT
Yum! Brands
YUM
$42.9B
| $37.7M | 0.01% |
285,100
+142,300
| +100% | +$18.3M |
|
1130
PUT
Plains All American Pipeline
PAA
$17.6B
| $37.6M | 0.01% |
3,017,500
-1,128,100
| -27% | -$14.1M |
|
|
ATVI
1131
CALL
DELISTED
Activision Blizzard
ATVI
| $37.6M | 0.01% |
439,200
-2,246,100
| -84% | -$174M |
|
1132
CALL
Hasbro
HAS
$13.5B
| $37.6M | 0.01% |
699,500
+355,400
| +103% | +$20.3M |
|
1133
PUT
Scorpio Tankers
STNG
$3.92B
| $37.6M | 0.01% |
666,900
+176,700
| +36% | +$9.67M |
|
1134
PUT
Duke Energy
DUK
$95.1B
| $37.5M | 0.01% |
389,200
+245,900
| +172% | +$24.3M |
|
1135
PUT
C3.ai
AI
$1.57B
| $37.5M | 0.01% |
1,117,700
+660,100
| +144% | +$13.5M |
|
1136
Eaton
ETN
$159B
| $37.4M | 0.01% |
218,534
+69,813
| +47% | +$11.6M |
|
1137
Prudential Financial
PRU
$42.3B
| $37.4M | 0.01% |
451,709
+263,585
| +140% | +$25.2M |
|
1138
CALL
Alnylam Pharmaceuticals
ALNY
$31.6B
| $37.4M | 0.01% |
186,500
+16,400
| +10% | +$3.45M |
|
1139
PUT
GSK
GSK
$104B
| $37.3M | 0.01% |
1,049,400
+103,000
| +11% | +$3.6M |
|
1140
CALL
Global Payments
GPN
$25B
| $37.3M | 0.01% |
354,000
-144,900
| -29% | -$15.7M |
|
1141
McKesson
MCK
$102B
| $37.2M | 0.01% |
104,474
+13,666
| +15% | +$4.94M |
|
1142
Canadian Natural Resources
CNQ
$104B
| $37.1M | 0.01% |
+1,340,840
| New | +$38M |
|
|
RETA
1143
CALL
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $37.1M | 0.01% |
408,000
+265,600
| +187% | +$15.6M |
|
1144
CALL
Iron Mountain
IRM
$36.1B
| $37M | 0.01% |
700,200
+120,600
| +21% | +$6.32M |
|
1145
PUT
On Holding
ONON
$9.86B
| $37M | 0.01% |
1,193,500
+847,900
| +245% | +$19.2M |
|
1146
CALL
Moody's
MCO
$88.6B
| $37M | 0.01% |
121,000
+80,900
| +202% | +$24.4M |
|
1147
Extra Space Storage
EXR
$30.9B
| $37M | 0.01% |
227,081
+175,816
| +343% | +$27.6M |
|
1148
United States Natural Gas Fund
UNG
$511M
| $36.9M | 0.01% |
1,316,996
+1,241,996
| +1,656% | +$45.1M |
|
1149
PUT
Sysco
SYY
$40.2B
| $36.9M | 0.01% |
477,900
+231,000
| +94% | +$17.7M |
|
1150
First Solar
FSLR
$22.4B
| $36.9M | 0.01% |
169,440
-145,250
| -46% | -$26.5M |
|
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.