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 | |
|---|---|---|---|---|---|---|
1451
PUT
Restaurant Brands International
QSR
$28.4B
| $25.3M | 0.01% |
377,500
-403,300
| -52% | -$26.3M |
|
1452
Kinder Morgan
KMI
$68.9B
| $25.3M | 0.01% |
1,447,166
+359,583
| +33% | +$6.4M |
|
|
SPLK
1453
DELISTED
Splunk Inc
SPLK
| $25.3M | 0.01% |
264,071
+55,466
| +27% | +$5.32M |
|
1454
CALL
Vanguard Morningstar Growth ETF
VUG
$225B
| $25.3M | 0.01% |
609,000
+172,800
| +40% | +$6.72M |
|
1455
CALL
Invesco NASDAQ 100 ETF
QQQM
$103B
| $25.3M | 0.01% |
191,500
+103,700
| +118% | +$12.6M |
|
1456
Amphenol
APH
$196B
| $25.2M | 0.01% |
617,886
+146,008
| +31% | +$5.77M |
|
1457
Baker Hughes
BKR
$61.4B
| $25.2M | 0.01% |
874,684
+212,647
| +32% | +$6.43M |
|
1458
CALL
Vistra
VST
$46.7B
| $25.2M | 0.01% |
1,049,800
+561,200
| +115% | +$13M |
|
1459
CALL
Universal Display
OLED
$4.11B
| $25.2M | 0.01% |
162,400
+16,200
| +11% | +$2.18M |
|
1460
CALL
Xcel Energy
XEL
$48.2B
| $25.1M | 0.01% |
372,900
+310,400
| +497% | +$20.9M |
|
1461
PUT
Ecolab
ECL
$81.2B
| $25.1M | 0.01% |
151,900
+38,600
| +34% | +$6.02M |
|
1462
CALL
Ovintiv
OVV
$17.8B
| $25.1M | 0.01% |
696,300
+230,900
| +50% | +$10.2M |
|
1463
PUT
Schwab US Dividend Equity ETF
SCHD
$112B
| $25.1M | 0.01% |
1,029,300
-80,700
| -7% | -$2.02M |
|
1464
CALL
MP Materials
MP
$10.7B
| $25.1M | 0.01% |
890,400
-617,300
| -41% | -$18.7M |
|
1465
Idexx Laboratories
IDXX
$43.3B
| $25.1M | 0.01% |
50,192
+1,590
| +3% | +$761K |
|
1466
Baxter International
BAX
$13.6B
| $25.1M | 0.01% |
618,041
+278,250
| +82% | +$11.8M |
|
1467
PUT
Paychex
PAYX
$44.5B
| $25.1M | 0.01% |
218,700
+52,700
| +32% | +$6M |
|
1468
Biogen
BIIB
$32.6B
| $25.1M | 0.01% |
90,118
-126,619
| -58% | -$35M |
|
1469
CALL
Match Group
MTCH
$9.68B
| $25M | 0.01% |
651,600
-917,900
| -58% | -$40M |
|
1470
PUT
Bio-Rad Laboratories Class A
BIO
$10.4B
| $25M | 0.01% |
52,200
+9,000
| +21% | +$4.21M |
|
1471
PUT
KE Holdings
BEKE
$19.9B
| $25M | 0.01% |
1,326,500
-226,400
| -15% | -$4.19M |
|
1472
PUT
Illinois Tool Works
ITW
$80.2B
| $25M | 0.01% |
102,600
-218,300
| -68% | -$50.9M |
|
1473
Cincinnati Financial
CINF
$26.3B
| $24.9M | 0.01% |
222,285
+93,796
| +73% | +$10.7M |
|
1474
PUT
Ralph Lauren
RL
$21.6B
| $24.9M | 0.01% |
213,500
-40,900
| -16% | -$4.82M |
|
1475
Molina Healthcare
MOH
$10.4B
| $24.9M | 0.01% |
93,102
+66,020
| +244% | +$19M |
|
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.