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 | |
|---|---|---|---|---|---|---|
1201
PUT
Helen of Troy
HELE
$673M
| $34.7M | 0.01% |
365,000
+286,200
| +363% | +$30.6M |
|
1202
Lyft
LYFT
$6.68B
| $34.7M | 0.01% |
3,741,574
+623,636
| +20% | +$7.53M |
|
1203
Scotiabank
BNS
$113B
| $34.6M | 0.01% |
+687,177
| New | +$35.3M |
|
1204
HP
HPQ
$27B
| $34.6M | 0.01% |
1,178,935
+469,805
| +66% | +$13.5M |
|
1205
Illinois Tool Works
ITW
$80.2B
| $34.5M | 0.01% |
141,865
+26,968
| +23% | +$6.29M |
|
1206
Rivian
RIVN
$24.2B
| $34.5M | 0.01% |
2,226,688
+2,134,723
| +2,321% | +$36M |
|
1207
CALL
Monster Beverage
MNST
$95.5B
| $34.4M | 0.01% |
1,275,200
-537,200
| -30% | -$13.8M |
|
1208
Sempra
SRE
$54.9B
| $34.4M | 0.01% |
455,534
+220,226
| +94% | +$16.9M |
|
1209
PUT
New Oriental
EDU
$9.08B
| $34.4M | 0.01% |
891,400
-1,808,900
| -67% | -$73.1M |
|
1210
Nucor
NUE
$56.2B
| $34.3M | 0.01% |
222,111
+7,097
| +3% | +$1.13M |
|
1211
CALL
Williams-Sonoma
WSM
$27.6B
| $34.3M | 0.01% |
563,400
-133,600
| -19% | -$8.34M |
|
1212
CALL
Labcorp
LH
$27.4B
| $34.3M | 0.01% |
173,785
+58,200
| +50% | +$12M |
|
|
NVO
1213
CALL
Novo Nordisk
NVO
$215B
| $34.2M | 0.01% |
430,400
-214,400
| -33% | -$15.2M |
|
1214
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $34.2M | 0.01% |
338,358
+262,006
| +343% | +$26.4M |
|
1215
CALL
Wolfspeed
WOLF
$1.31B
| $34.2M | 0.01% |
526,000
-144,900
| -22% | -$10.6M |
|
1216
CALL
Canadian Pacific Kansas City
CP
$82.9B
| $34.1M | 0.01% |
442,900
+126,700
| +40% | +$9.78M |
|
1217
iShares MSCI Japan ETF
EWJ
$22.6B
| $34M | 0.01% |
578,588
+82,587
| +17% | +$4.7M |
|
1218
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| $33.9M | 0.01% |
1,383,131
-427,239
| -24% | -$10.6M |
|
1219
CALL
Upstart Holdings
UPST
$2.98B
| $33.9M | 0.01% |
2,133,500
-782,800
| -27% | -$13.2M |
|
1220
PUT
Affirm
AFRM
$26.1B
| $33.9M | 0.01% |
3,006,200
+851,700
| +40% | +$10.7M |
|
1221
BioMarin Pharmaceuticals
BMRN
$12.8B
| $33.8M | 0.01% |
347,915
+155,060
| +80% | +$16.1M |
|
1222
CALL
ProShares Ultra QQQ
QLD
$13.8B
| $33.7M | 0.01% |
1,360,600
+265,400
| +24% | +$5.63M |
|
1223
CALL
Synopsys
SNPS
$78.3B
| $33.7M | 0.01% |
87,300
-40,800
| -32% | -$14.6M |
|
1224
PUT
Credit Acceptance
CACC
$6.27B
| $33.7M | 0.01% |
77,300
+2,400
| +3% | +$1.06M |
|
1225
CALL
iShares MSCI South Korea ETF
EWY
$28B
| $33.6M | 0.01% |
549,400
-1,019,800
| -65% | -$62M |
|
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.