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 | |
|---|---|---|---|---|---|---|
1251
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.3B
| $32.2M | 0.01% |
1,000,700
-401,600
| -29% | -$14.7M |
|
1252
PUT
Bilibili
BILI
$6.93B
| $32.2M | 0.01% |
1,371,000
+351,200
| +34% | +$8.36M |
|
1253
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.35B
| $32.2M | 0.01% |
988
-77
| -7% | -$3.57M |
|
1254
Royal Caribbean
RCL
$78.2B
| $32.2M | 0.01% |
492,375
+240,508
| +95% | +$15.9M |
|
1255
PUT
VanEck Junior Gold Miners ETF
GDXJ
$10B
| $32.1M | 0.01% |
813,200
-136,900
| -14% | -$5.06M |
|
1256
FTAI Aviation
FTAI
$20.6B
| $32.1M | 0.01% |
1,146,512
-153,926
| -12% | -$3.63M |
|
1257
Veeva Systems
VEEV
$40.1B
| $32M | 0.01% |
174,299
+81,044
| +87% | +$13.8M |
|
1258
PUT
Diageo
DEO
$52.7B
| $32M | 0.01% |
176,500
+127,000
| +257% | +$22.4M |
|
1259
PUT
Akamai
AKAM
$15.2B
| $32M | 0.01% |
408,300
+122,000
| +43% | +$9.88M |
|
1260
PUT
American International
AIG
$39.9B
| $31.9M | 0.01% |
634,300
+186,800
| +42% | +$10.9M |
|
|
EXAS
1261
CALL
DELISTED
Exact Sciences
EXAS
| $31.9M | 0.01% |
470,600
+48,800
| +12% | +$3.14M |
|
1262
CALL
iShares Select Dividend ETF
DVY
$23.9B
| $31.9M | 0.01% |
272,300
+44,800
| +20% | +$5.42M |
|
1263
PUT
Eaton
ETN
$159B
| $31.9M | 0.01% |
186,100
-27,900
| -13% | -$4.64M |
|
1264
CALL
PBF Energy
PBF
$7.88B
| $31.9M | 0.01% |
734,600
+226,500
| +45% | +$9.54M |
|
1265
CALL
Marathon Digital Holdings
MARA
$4.57B
| $31.8M | 0.01% |
3,648,100
+296,900
| +9% | +$2.07M |
|
1266
The Mosaic Company
MOS
$7.72B
| $31.8M | 0.01% |
692,712
+204,269
| +42% | +$9.89M |
|
1267
Omnicom Group
OMC
$24.2B
| $31.8M | 0.01% |
336,709
+234,440
| +229% | +$20.8M |
|
1268
Burlington
BURL
$19.8B
| $31.6M | 0.01% |
156,535
+112,321
| +254% | +$24.5M |
|
1269
CALL
ChargePoint
CHPT
$151M
| $31.6M | 0.01% |
150,760
-17,010
| -10% | -$3.71M |
|
|
AXON
1270
PUT
Axon Enterprise
AXON
$49.8B
| $31.5M | 0.01% |
140,200
+29,500
| +27% | +$5.86M |
|
1271
PUT
iShares MSCI Taiwan ETF
EWT
$11.4B
| $31.5M | 0.01% |
694,800
-131,300
| -16% | -$5.8M |
|
1272
PUT
Microchip Technology
MCHP
$39.9B
| $31.5M | 0.01% |
375,600
-301,200
| -45% | -$24M |
|
1273
CALL
American Electric Power
AEP
$66.8B
| $31.5M | 0.01% |
345,800
-95,200
| -22% | -$8.71M |
|
1274
CALL
iShares MSCI Germany ETF
EWG
$1.73B
| $31.5M | 0.01% |
1,105,500
+12,400
| +1% | +$342K |
|
1275
PUT
Bunge Global
BG
$21.5B
| $31.5M | 0.01% |
329,300
+121,900
| +59% | +$11.8M |
|
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.