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 | |
|---|---|---|---|---|---|---|
1226
CALL
Western Alliance Bancorporation
WAL
$8.64B
| $33.6M | 0.01% |
946,200
+906,200
| +2,266% | +$55.5M |
|
1227
CALL
Kohl's
KSS
$2B
| $33.6M | 0.01% |
1,426,600
+166,700
| +13% | +$4.7M |
|
1228
PUT
Academy Sports + Outdoors
ASO
$2.75B
| $33.6M | 0.01% |
514,600
+143,400
| +39% | +$8.45M |
|
|
SKX
1229
PUT
DELISTED
Skechers
SKX
| $33.5M | 0.01% |
706,000
+564,000
| +397% | +$25.5M |
|
|
PPL
1230
CALL
PPL Corp
PPL
$26.4B
| $33.3M | 0.01% |
1,198,700
+324,100
| +37% | +$9.18M |
|
1231
PUT
Robinhood
HOOD
$99.8B
| $33.3M | 0.01% |
3,428,400
-2,217,000
| -39% | -$21.1M |
|
1232
CALL
Bilibili
BILI
$6.96B
| $33.3M | 0.01% |
1,416,200
+506,100
| +56% | +$12M |
|
1233
Crown Castle
CCI
$32.3B
| $33.3M | 0.01% |
248,479
+59,302
| +31% | +$8.2M |
|
1234
CALL
West Pharmaceutical
WST
$24.6B
| $33.2M | 0.01% |
95,800
+56,200
| +142% | +$16.4M |
|
1235
Aon
AON
$75.5B
| $33.1M | 0.01% |
105,136
+14,239
| +16% | +$4.41M |
|
1236
CSX Corp
CSX
$95.6B
| $33.1M | 0.01% |
1,106,554
-210,606
| -16% | -$6.47M |
|
|
TRTN
1237
CALL
DELISTED
Triton International Limited
TRTN
| $33.1M | 0.01% |
523,000
-56,800
| -10% | -$3.85M |
|
1238
CALL
EPAM Systems
EPAM
$5.73B
| $33M | 0.01% |
110,300
-38,200
| -26% | -$12.3M |
|
|
1239
PUT
EPAM Systems
EPAM
$5.73B
| $32.9M | 0.01% |
110,100
+25,000
| +29% | +$8.05M |
|
|
EA
1240
CALL
DELISTED
Electronic Arts
EA
| $32.8M | 0.01% |
272,000
-527,700
| -66% | -$62M |
|
1241
PUT
Annaly Capital Management
NLY
$17.4B
| $32.6M | 0.01% |
1,706,900
-35,800
| -2% | -$755K |
|
1242
CALL
Baxter International
BAX
$13.6B
| $32.6M | 0.01% |
802,800
+40,000
| +5% | +$1.7M |
|
1243
CALL
Paycom
PAYC
$10.5B
| $32.6M | 0.01% |
107,100
-27,000
| -20% | -$8.13M |
|
1244
PUT
Synopsys
SNPS
$77.7B
| $32.5M | 0.01% |
84,200
-10,200
| -11% | -$3.64M |
|
1245
CALL
AutoNation
AN
$6.43B
| $32.5M | 0.01% |
242,000
-21,500
| -8% | -$2.76M |
|
1246
ResMed
RMD
$34B
| $32.5M | 0.01% |
148,373
+82,090
| +124% | +$17.8M |
|
1247
CALL
Advance Auto Parts
AAP
$2.61B
| $32.3M | 0.01% |
265,800
+73,400
| +38% | +$10.3M |
|
1248
Norfolk Southern
NSC
$79.2B
| $32.3M | 0.01% |
152,463
+43,582
| +40% | +$10.1M |
|
1249
PUT
Cadence Design Systems
CDNS
$90.7B
| $32.3M | 0.01% |
153,800
+65,400
| +74% | +$12.4M |
|
1250
PUT
Wingstop
WING
$3.14B
| $32.3M | 0.01% |
175,700
| – | – |
|
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.