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 | |
|---|---|---|---|---|---|---|
1326
PUT
Silicon Motion
SIMO
$8.2B
| $31.2M | 0.01% |
434,800
+279,200
| +179% | +$17.9M |
|
1327
PUT
Bank OZK
OZK
$5.36B
| $31.2M | 0.01% |
777,400
+280,100
| +56% | +$10M |
|
1328
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $31.2M | 0.01% |
339,200
-198,500
| -37% | -$18.2M |
|
1329
CALL
Robinhood
HOOD
$101B
| $31.2M | 0.01% |
3,125,900
+671,200
| +27% | +$6.25M |
|
1330
PUT
Beyond Meat
BYND
$244M
| $31.2M | 0.01% |
80,100
+17,107
| +27% | +$6.52M |
|
|
FL
1331
CALL
DELISTED
Foot Locker
FL
| $31.2M | 0.01% |
1,149,800
+372,500
| +48% | +$12.7M |
|
1332
PUT
Lyft
LYFT
$6.68B
| $31.1M | 0.01% |
3,248,100
-1,699,300
| -34% | -$16.3M |
|
1333
PUT
Ares Capital
ARCC
$14.3B
| $31.1M | 0.01% |
1,656,900
+809,100
| +95% | +$14.9M |
|
1334
PUT
Alpha Metallurgical Resources
AMR
$2.73B
| $31.1M | 0.01% |
189,300
+87,300
| +86% | +$13.3M |
|
1335
CALL
First Citizens BancShares
FCNCA
$24.4B
| $31.1M | 0.01% |
24,200
-63,400
| -72% | -$73.3M |
|
1336
CALL
Albertsons Companies
ACI
$6.01B
| $31M | 0.01% |
1,422,900
+152,100
| +12% | +$3.16M |
|
1337
PUT
Martin Marietta Materials
MLM
$37.8B
| $31M | 0.01% |
67,200
+40,900
| +156% | +$16.1M |
|
1338
PUT
WIX.com
WIX
$3.6B
| $30.9M | 0.01% |
395,500
-64,200
| -14% | -$5.28M |
|
1339
PUT
Toll Brothers
TOL
$13.9B
| $30.9M | 0.01% |
391,300
+174,500
| +80% | +$11.7M |
|
1340
CALL
Wolfspeed
WOLF
$1.31B
| $30.8M | 0.01% |
554,400
+28,400
| +5% | +$1.45M |
|
1341
PUT
Global Payments
GPN
$24.8B
| $30.8M | 0.01% |
312,600
-381,700
| -55% | -$39.2M |
|
1342
PUT
Nu Holdings
NU
$73.1B
| $30.8M | 0.01% |
3,901,300
+1,534,000
| +65% | +$9.42M |
|
1343
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $30.8M | 0.01% |
318,400
-1,355,100
| -81% | -$133M |
|
1344
PUT
Moody's
MCO
$88.9B
| $30.7M | 0.01% |
88,400
-72,800
| -45% | -$23.1M |
|
1345
PUT
M&T Bank
MTB
$34.7B
| $30.7M | 0.01% |
248,100
-73,200
| -23% | -$8.86M |
|
1346
Zscaler
ZS
$27.2B
| $30.6M | 0.01% |
209,179
-222,401
| -52% | -$27.2M |
|
1347
CALL
Vistra
VST
$46.7B
| $30.6M | 0.01% |
1,164,100
+114,300
| +11% | +$2.79M |
|
1348
CALL
Public Storage
PSA
$60.3B
| $30.5M | 0.01% |
104,500
+40,800
| +64% | +$11.9M |
|
1349
PUT
SL Green Realty
SLG
$4.24B
| $30.5M | 0.01% |
1,013,600
+585,500
| +137% | +$14.1M |
|
|
FNGA
1350
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $30.4M | 0.01% |
162,490
+106,080
| +188% | +$13.9M |
|
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.