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 | |
|---|---|---|---|---|---|---|
1401
State Street
STT
$53B
| $26.9M | 0.01% |
355,390
+139,828
| +65% | +$11.8M |
|
1402
CALL
Nokia
NOK
$57.8B
| $26.9M | 0.01% |
5,474,100
-5,016,500
| -48% | -$23.7M |
|
1403
CALL
Helen of Troy
HELE
$673M
| $26.9M | 0.01% |
282,300
+141,800
| +101% | +$15.2M |
|
1404
RB Global
RBA
$15.7B
| $26.8M | 0.01% |
+476,035
| New | +$28.1M |
|
1405
iShares Biotechnology ETF
IBB
$10.9B
| $26.8M | 0.01% |
207,463
+110,862
| +115% | +$14.5M |
|
1406
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $26.8M | 0.01% |
999,200
+118,000
| +13% | +$3.41M |
|
1407
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $26.7M | 0.01% |
117,900
+23,400
| +25% | +$5.35M |
|
1408
MetLife
MET
$60.9B
| $26.7M | 0.01% |
461,259
+33,629
| +8% | +$2.27M |
|
1409
PPG Industries
PPG
$25.3B
| $26.7M | 0.01% |
200,067
+102,145
| +104% | +$13.2M |
|
1410
Etsy
ETSY
$7.75B
| $26.7M | 0.01% |
239,865
+175,275
| +271% | +$21.7M |
|
1411
Cintas
CTAS
$81.9B
| $26.7M | 0.01% |
230,740
+38,756
| +20% | +$4.27M |
|
1412
PUT
KeyCorp
KEY
$23.4B
| $26.6M | 0.01% |
2,128,200
+1,999,400
| +1,552% | +$33.8M |
|
|
SPR
1413
CALL
DELISTED
Spirit AeroSystems
SPR
| $26.6M | 0.01% |
771,600
+351,500
| +84% | +$11.8M |
|
|
K
1414
PUT
DELISTED
Kellanova
K
| $26.6M | 0.01% |
423,657
-283,503
| -40% | -$17.9M |
|
1415
Li Auto
LI
$12B
| $26.6M | 0.01% |
1,067,310
-363,041
| -25% | -$8.58M |
|
1416
PUT
TotalEnergies
TTE
$197B
| $26.6M | 0.01% |
450,700
-113,000
| -20% | -$6.95M |
|
1417
PUT
Canadian Natural Resources
CNQ
$102B
| $26.6M | 0.01% |
961,200
-186,400
| -16% | -$5.28M |
|
1418
PUT
PG&E
PCG
$40.4B
| $26.6M | 0.01% |
1,644,500
+328,200
| +25% | +$5.18M |
|
1419
PUT
Motorola Solutions
MSI
$80.3B
| $26.6M | 0.01% |
92,800
+35,800
| +63% | +$9.45M |
|
1420
Public Storage
PSA
$60.3B
| $26.5M | 0.01% |
87,843
+14,759
| +20% | +$4.34M |
|
1421
CALL
KB Home
KBH
$3.5B
| $26.5M | 0.01% |
660,400
+12,900
| +2% | +$471K |
|
1422
PUT
Sony
SONY
$141B
| $26.5M | 0.01% |
1,461,500
+737,500
| +102% | +$12.8M |
|
|
AVB
1423
DELISTED
AvalonBay Communities
AVB
| $26.4M | 0.01% |
157,237
+102,232
| +186% | +$17.4M |
|
1424
CALL
iQIYI
IQ
$994M
| $26.4M | 0.01% |
3,629,500
+1,414,700
| +64% | +$9.71M |
|
1425
PUT
Asana
ASAN
$2.18B
| $26.4M | 0.01% |
1,250,000
+352,600
| +39% | +$5.84M |
|
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.