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 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
PUT
VF Corp
VFC
$5.44B
| $32.3M | 0.01% |
1,690,200
+702,600
| +71% | +$14.4M |
|
1302
CALL
Alnylam Pharmaceuticals
ALNY
$32.1B
| $32.2M | 0.01% |
169,400
-17,100
| -9% | -$3.39M |
|
1303
PUT
Campbell Soup
CPB
$7B
| $32.1M | 0.01% |
701,300
+368,300
| +111% | +$19M |
|
1304
CALL
American International
AIG
$39.9B
| $32M | 0.01% |
557,000
-136,400
| -20% | -$7.32M |
|
1305
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $32M | 0.01% |
1,106,800
+86,000
| +8% | +$2.46M |
|
1306
PUT
Public Storage
PSA
$60.3B
| $32M | 0.01% |
109,700
+48,300
| +79% | +$14.1M |
|
1307
PUT
McCormick & Company Non-Voting
MKC
$14.6B
| $32M | 0.01% |
366,800
+178,800
| +95% | +$15.8M |
|
1308
PUT
Tyler Technologies
TYL
$14.3B
| $32M | 0.01% |
76,800
+56,900
| +286% | +$21.9M |
|
1309
CALL
FIVE9
FIVN
$2.41B
| $32M | 0.01% |
387,900
+49,800
| +15% | +$3.34M |
|
1310
CALL
Global X Uranium ETF
URA
$6.75B
| $31.9M | 0.01% |
1,471,400
+291,800
| +25% | +$5.97M |
|
1311
CALL
Match Group
MTCH
$9.68B
| $31.9M | 0.01% |
762,100
+110,500
| +17% | +$4.04M |
|
1312
PUT
Teradyne
TER
$57.3B
| $31.9M | 0.01% |
286,300
+101,600
| +55% | +$10.2M |
|
1313
PUT
Spectrum Brands
SPB
$2.05B
| $31.9M | 0.01% |
408,200
+119,200
| +41% | +$8.51M |
|
|
SKX
1314
DELISTED
Skechers
SKX
| $31.8M | 0.01% |
604,706
+120,708
| +25% | +$6.18M |
|
1315
Extra Space Storage
EXR
$30.6B
| $31.8M | 0.01% |
213,856
-13,225
| -6% | -$1.99M |
|
1316
PUT
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $31.8M | 0.01% |
131,000
-26,700
| -17% | -$6.12M |
|
1317
Agnico Eagle Mines
AEM
$113B
| $31.7M | 0.01% |
634,811
+367,818
| +138% | +$19.9M |
|
1318
PUT
iShares US Aerospace & Defense ETF
ITA
$14B
| $31.6M | 0.01% |
271,200
+130,300
| +92% | +$14.8M |
|
1319
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $31.6M | 0.01% |
605,000
+374,500
| +162% | +$18.6M |
|
1320
CALL
HP
HPQ
$27B
| $31.5M | 0.01% |
1,026,900
-208,500
| -17% | -$6.26M |
|
1321
CALL
Vertiv
VRT
$98.5B
| $31.5M | 0.01% |
1,272,800
+991,100
| +352% | +$17M |
|
1322
Archer Daniels Midland
ADM
$38.2B
| $31.5M | 0.01% |
416,619
-132,084
| -24% | -$10M |
|
|
NXH
1323
CALL
Neighborhood Intelligence Inc
NXH
$388M
| $31.3M | 0.01% |
1,058,420
+868,230
| +457% | +$16M |
|
1324
Emerson Electric
EMR
$86.4B
| $31.3M | 0.01% |
346,489
-52,528
| -13% | -$4.42M |
|
|
1325
CALL
iShares US Aerospace & Defense ETF
ITA
$14B
| $31.3M | 0.01% |
268,000
+38,600
| +17% | +$4.39M |
|
Similar funds
Jeff Yass's Q2 2023 Portfolio in Review
As of Q2 2023, Jeff Yass held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass withdrew a net $23.6B in Q2 2023, closing 1,866 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Jeff Yass's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Jeff Yass added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Jeff Yass's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Jeff Yass fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Jeff Yass's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Jeff Yass opened 1,371 new positions and closed 1,866 in Q2 2023.
- Jeff Yass's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.