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 | |
|---|---|---|---|---|---|---|
1151
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $36.8M | 0.01% |
313,100
+280,900
| +872% | +$32.6M |
|
1152
Equinix
EQIX
$104B
| $36.8M | 0.01% |
51,072
+15,954
| +45% | +$11.2M |
|
1153
CALL
Beyond Meat
BYND
$243M
| $36.8M | 0.01% |
75,497
-12,186
| -14% | -$6.02M |
|
1154
APA Corp
APA
$15.1B
| $36.7M | 0.01% |
1,018,165
+143,263
| +16% | +$5.75M |
|
1155
CALL
Exelon
EXC
$45.7B
| $36.6M | 0.01% |
874,800
-393,800
| -31% | -$16.4M |
|
1156
CALL
Southwest Airlines
LUV
$19.9B
| $36.6M | 0.01% |
1,123,700
-1,355,300
| -55% | -$46.1M |
|
1157
CALL
iShares MSCI ACWI ETF
ACWI
$33.1B
| $36.5M | 0.01% |
400,500
-247,000
| -38% | -$22M |
|
1158
LPL Financial
LPLA
$28.7B
| $36.3M | 0.01% |
179,413
-82,202
| -31% | -$18.8M |
|
1159
CALL
HP
HPQ
$26.1B
| $36.3M | 0.01% |
1,235,400
+67,700
| +6% | +$1.94M |
|
1160
PUT
Vanguard Information Technology ETF
VGT
$143B
| $36.2M | 0.01% |
751,200
+465,600
| +163% | +$20.6M |
|
1161
PUT
Steel Dynamics
STLD
$32.9B
| $36.2M | 0.01% |
319,800
-94,700
| -23% | -$11M |
|
1162
Becton Dickinson
BDX
$52B
| $36.1M | 0.01% |
145,931
+2,478
| +2% | +$606K |
|
1163
Xcel Energy
XEL
$48.3B
| $36.1M | 0.01% |
535,442
+264,813
| +98% | +$17.9M |
|
1164
Williams Companies
WMB
$86.8B
| $36M | 0.01% |
1,205,712
+259,073
| +27% | +$8M |
|
1165
Synopsys
SNPS
$75.5B
| $36M | 0.01% |
93,116
-2,650
| -3% | -$947K |
|
1166
DexCom
DXCM
$34.4B
| $36M | 0.01% |
309,523
-346,722
| -53% | -$38.8M |
|
1167
PUT
HSBC
HSBC
$357B
| $36M | 0.01% |
1,053,600
+2,700
| +0.3% | +$96.9K |
|
1168
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.29B
| $35.9M | 0.01% |
243,100
+87,500
| +56% | +$12.1M |
|
1169
CrowdStrike
CRWD
$194B
| $35.9M | 0.01% |
1,046,484
-4,912
| -0.5% | -$142K |
|
1170
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $35.9M | 0.01% |
1,286,200
+1,070,400
| +496% | +$29.9M |
|
1171
PUT
ProShares UltraPro S&P 500
UPRO
$5.45B
| $35.8M | 0.01% |
928,300
-272,200
| -23% | -$9.9M |
|
1172
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $35.8M | 0.01% |
157,700
-543,100
| -77% | -$124M |
|
|
1173
PUT
LPL Financial
LPLA
$28.7B
| $35.7M | 0.01% |
176,400
+129,500
| +276% | +$29.6M |
|
1174
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$401M
| $35.7M | 0.01% |
1,348,500
+686,100
| +104% | +$18.7M |
|
1175
CALL
Toronto Dominion Bank
TD
$193B
| $35.7M | 0.01% |
595,600
-337,400
| -36% | -$21.8M |
|
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.