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 | |
|---|---|---|---|---|---|---|
1176
PUT
T. Rowe Price
TROW
$24B
| $35.6M | 0.01% |
315,700
+140,200
| +80% | +$16M |
|
1177
MGM Resorts International
MGM
$11B
| $35.6M | 0.01% |
801,262
+251,555
| +46% | +$10.5M |
|
1178
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $35.6M | 0.01% |
245,940
+230,455
| +1,488% | +$33.7M |
|
1179
CALL
Tractor Supply
TSCO
$18.7B
| $35.6M | 0.01% |
756,500
-721,000
| -49% | -$32.8M |
|
1180
CALL
Conagra Brands
CAG
$8B
| $35.5M | 0.01% |
945,800
-90,700
| -9% | -$3.36M |
|
1181
CALL
Sony
SONY
$142B
| $35.5M | 0.01% |
1,955,500
+508,000
| +35% | +$8.8M |
|
1182
PUT
Cintas
CTAS
$83B
| $35.4M | 0.01% |
306,000
+46,400
| +18% | +$5.11M |
|
1183
PUT
Enovix
ENVX
$718M
| $35.4M | 0.01% |
2,711,314
+2,131,885
| +368% | +$17.5M |
|
1184
PUT
Antero Resources
AR
$11.7B
| $35.4M | 0.01% |
1,531,100
-343,100
| -18% | -$9.04M |
|
1185
PUT
Hertz
HTZ
$781M
| $35.3M | 0.01% |
2,169,800
+1,629,300
| +301% | +$28.4M |
|
1186
Dollar General
DG
$27.6B
| $35.3M | 0.01% |
167,654
+65,900
| +65% | +$14.8M |
|
1187
CALL
British American Tobacco
BTI
$122B
| $35.3M | 0.01% |
1,004,200
+161,300
| +19% | +$6.08M |
|
1188
EQT Corp
EQT
$33.6B
| $35.1M | 0.01% |
1,099,215
+358,698
| +48% | +$11.5M |
|
1189
AutoZone
AZO
$49.1B
| $35M | 0.01% |
14,257
-1,597
| -10% | -$3.89M |
|
1190
PUT
Keurig Dr Pepper
KDP
$44.2B
| $35M | 0.01% |
992,100
+592,000
| +148% | +$20.8M |
|
|
WCC
1191
CALL
WESCO International
WCC
$16.4B
| $35M | 0.01% |
226,400
+121,200
| +115% | +$18.2M |
|
1192
Newmont
NEM
$139B
| $34.9M | 0.01% |
712,706
+46,282
| +7% | +$2.24M |
|
1193
CALL
American International
AIG
$40.5B
| $34.9M | 0.01% |
693,400
-199,500
| -22% | -$11.7M |
|
1194
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $34.9M | 0.01% |
477,100
-58,200
| -11% | -$4.02M |
|
1195
PUT
argenx
ARGX
$63.3B
| $34.9M | 0.01% |
93,700
+3,500
| +4% | +$1.3M |
|
1196
Cadence Design Systems
CDNS
$87B
| $34.9M | 0.01% |
166,015
+33,205
| +25% | +$6.28M |
|
1197
CALL
Halliburton
HAL
$28.9B
| $34.8M | 0.01% |
1,100,700
-784,600
| -42% | -$29.1M |
|
1198
Emerson Electric
EMR
$87.9B
| $34.8M | 0.01% |
399,017
+170,124
| +74% | +$14.9M |
|
1199
CALL
Hyatt Hotels
H
$17B
| $34.8M | 0.01% |
310,900
+211,700
| +213% | +$23.2M |
|
1200
PUT
InMode
INMD
$869M
| $34.8M | 0.01% |
1,087,300
+291,900
| +37% | +$10M |
|
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.