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 | |
|---|---|---|---|---|---|---|
1376
Cameco
CCJ
$46.6B
| $27.4M | 0.01% |
1,048,722
+698,355
| +199% | +$18.5M |
|
1377
CALL
Reliance Steel & Aluminium
RS
$19.6B
| $27.4M | 0.01% |
106,800
+43,000
| +67% | +$10.1M |
|
1378
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$284M
| $27.4M | 0.01% |
23,584
-15,181
| -39% | -$20.3M |
|
1379
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$294M
| $27.4M | 0.01% |
979,998
+36,097
| +4% | +$1.06M |
|
1380
PUT
Zebra Technologies
ZBRA
$17.1B
| $27.4M | 0.01% |
86,100
+27,100
| +46% | +$8.19M |
|
1381
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $27.4M | 0.01% |
1,020,800
+121,200
| +13% | +$3.5M |
|
1382
eBay
EBAY
$47.2B
| $27.3M | 0.01% |
615,326
+134,969
| +28% | +$6.18M |
|
1383
Cummins
CMI
$78.8B
| $27.3M | 0.01% |
114,281
+58,472
| +105% | +$14.3M |
|
1384
CALL
VICI Properties
VICI
$28.9B
| $27.2M | 0.01% |
835,100
+337,800
| +68% | +$11.2M |
|
1385
PUT
Nutrien
NTR
$34.8B
| $27.2M | 0.01% |
368,800
-139,000
| -27% | -$10.7M |
|
1386
CALL
Parker-Hannifin
PH
$128B
| $27.2M | 0.01% |
80,900
-30,200
| -27% | -$10M |
|
1387
PUT
iShares MSCI United Kingdom ETF
EWU
$3.88B
| $27.2M | 0.01% |
842,200
+477,300
| +131% | +$15.3M |
|
1388
CALL
Rogers Corp
ROG
$2.23B
| $27.2M | 0.01% |
166,200
+99,900
| +151% | +$14.4M |
|
1389
PUT
ProShares UltraShort S&P500
SDS
$396M
| $27.1M | 0.01% |
135,520
+71,460
| +112% | +$15.1M |
|
1390
CALL
Dillards
DDS
$9.95B
| $27.1M | 0.01% |
88,000
-37,000
| -30% | -$13.1M |
|
1391
CALL
Enovix
ENVX
$742M
| $27.1M | 0.01% |
2,073,600
+325,600
| +19% | +$2.67M |
|
1392
Agilent Technologies
A
$43.7B
| $27M | 0.01% |
195,436
+71,204
| +57% | +$10.4M |
|
1393
MSCI
MSCI
$41B
| $27M | 0.01% |
48,272
+11,366
| +31% | +$6.01M |
|
1394
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.31B
| $27M | 0.01% |
182,500
+65,400
| +56% | +$9.03M |
|
1395
Capital One
COF
$133B
| $27M | 0.01% |
280,335
+99,538
| +55% | +$10.4M |
|
1396
American Electric Power
AEP
$66.8B
| $27M | 0.01% |
296,226
+34,442
| +13% | +$3.15M |
|
1397
PUT
Kinder Morgan
KMI
$68.9B
| $26.9M | 0.01% |
1,538,800
+185,100
| +14% | +$3.29M |
|
1398
AMC Entertainment Holdings
AMC
$2.37B
| $26.9M | 0.01% |
537,656
+405,492
| +307% | +$21.5M |
|
1399
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $26.9M | 0.01% |
913,666
-456,424
| -33% | -$13.7M |
|
1400
CALL
JB Hunt Transport Services
JBHT
$24.6B
| $26.9M | 0.01% |
153,400
-91,700
| -37% | -$16.7M |
|
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.