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 | |
|---|---|---|---|---|---|---|
1401
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$375M
| $28.4M | 0.01% |
1,202,600
-145,900
| -11% | -$3.66M |
|
1402
Teva Pharmaceuticals
TEVA
$44.4B
| $28.4M | 0.01% |
3,775,198
+644,036
| +21% | +$5.22M |
|
1403
PUT
Canadian Natural Resources
CNQ
$102B
| $28.4M | 0.01% |
1,009,800
+48,600
| +5% | +$1.39M |
|
1404
CALL
Viking Therapeutics
VKTX
$3.99B
| $28.3M | 0.01% |
1,743,900
+950,100
| +120% | +$19.9M |
|
|
WCC
1405
PUT
WESCO International
WCC
$16.5B
| $28.3M | 0.01% |
157,800
+12,500
| +9% | +$1.82M |
|
1406
PUT
Samsara
IOT
$22.8B
| $28.2M | 0.01% |
1,019,400
+764,200
| +299% | +$16.9M |
|
1407
PUT
Sunrun
RUN
$2.21B
| $28.2M | 0.01% |
1,578,100
-1,284,700
| -45% | -$23.9M |
|
1408
Bunge Global
BG
$21.5B
| $28.2M | 0.01% |
298,438
-107,243
| -26% | -$9.95M |
|
1409
CALL
iShares Global Clean Energy ETF
ICLN
$2.21B
| $28.2M | 0.01% |
1,530,200
+494,900
| +48% | +$9.31M |
|
1410
CALL
DigitalOcean
DOCN
$13.2B
| $28.1M | 0.01% |
699,400
+45,500
| +7% | +$1.68M |
|
1411
CALL
Tapestry
TPR
$25.9B
| $28M | 0.01% |
655,000
+237,900
| +57% | +$9.9M |
|
|
FLG
1412
CALL
Flagstar Bank National Association
FLG
$5.58B
| $28M | 0.01% |
829,500
+417,667
| +101% | +$12.7M |
|
1413
CALL
TG Therapeutics
TGTX
$8.48B
| $28M | 0.01% |
1,125,900
+570,800
| +103% | +$14.7M |
|
1414
Devon Energy
DVN
$51.6B
| $27.9M | 0.01% |
576,855
-500,394
| -46% | -$25.2M |
|
1415
CALL
Penske Automotive Group
PAG
$14.4B
| $27.9M | 0.01% |
167,300
+122,300
| +272% | +$17.7M |
|
1416
CALL
Boston Beer
SAM
$1.95B
| $27.9M | 0.01% |
90,300
+15,800
| +21% | +$5.08M |
|
1417
CALL
VF Corp
VFC
$5.44B
| $27.8M | 0.01% |
1,454,700
+570,900
| +65% | +$11.7M |
|
1418
PUT
Diageo
DEO
$52.7B
| $27.8M | 0.01% |
160,000
-16,500
| -9% | -$2.95M |
|
1419
PUT
Coherent
COHR
$56.4B
| $27.7M | 0.01% |
544,200
+212,200
| +64% | +$7.88M |
|
1420
Ameriprise Financial
AMP
$49.5B
| $27.7M | 0.01% |
83,514
+31,150
| +59% | +$9.57M |
|
1421
CALL
Boyd Gaming
BYD
$5.89B
| $27.7M | 0.01% |
399,100
-85,900
| -18% | -$5.77M |
|
1422
PUT
Mobileye
MBLY
$7.38B
| $27.7M | 0.01% |
720,500
+576,900
| +402% | +$23.4M |
|
1423
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $27.7M | 0.01% |
286,505
+270,673
| +1,710% | +$26.6M |
|
1424
CALL
Herc Holdings
HRI
$5.22B
| $27.7M | 0.01% |
202,200
+185,000
| +1,076% | +$20.5M |
|
1425
Public Service Enterprise Group
PEG
$36.5B
| $27.7M | 0.01% |
441,849
+81,630
| +23% | +$5.1M |
|
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.