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 | |
|---|---|---|---|---|---|---|
1476
CF Industries
CF
$19.3B
| $24.8M | 0.01% |
342,583
+107,301
| +46% | +$8.77M |
|
1477
TE Connectivity
TEL
$58.3B
| $24.8M | 0.01% |
189,189
+37,480
| +25% | +$4.74M |
|
1478
American International
AIG
$39.9B
| $24.8M | 0.01% |
492,303
+103,016
| +26% | +$6.02M |
|
1479
CALL
Pool Corp
POOL
$6.77B
| $24.8M | 0.01% |
72,300
+25,100
| +53% | +$8.91M |
|
1480
Global Payments
GPN
$24.8B
| $24.7M | 0.01% |
235,140
+122,421
| +109% | +$13.3M |
|
1481
CALL
iShares US Home Construction ETF
ITB
$2.29B
| $24.7M | 0.01% |
351,900
-74,600
| -17% | -$5.04M |
|
1482
CALL
NetEase
NTES
$82.5B
| $24.7M | 0.01% |
279,600
+54,700
| +24% | +$4.72M |
|
1483
PUT
Madrigal Pharmaceuticals
MDGL
$11.8B
| $24.7M | 0.01% |
102,000
-300,800
| -75% | -$82M |
|
1484
PUT
Ares Management
ARES
$32.2B
| $24.7M | 0.01% |
295,800
+222,600
| +304% | +$17.7M |
|
1485
PUT
Pultegroup
PHM
$24.9B
| $24.6M | 0.01% |
422,800
+213,900
| +102% | +$11.6M |
|
|
GAP
1486
PUT
The Gap Inc
GAP
$7.25B
| $24.6M | 0.01% |
2,448,300
+1,067,900
| +77% | +$13M |
|
1487
CALL
Chubb
CB
$132B
| $24.5M | 0.01% |
126,400
-16,200
| -11% | -$3.4M |
|
|
ARCH
1488
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $24.5M | 0.01% |
186,500
+6,800
| +4% | +$984K |
|
1489
CALL
MSCI
MSCI
$41B
| $24.5M | 0.01% |
43,800
+29,300
| +202% | +$15.5M |
|
1490
PUT
Peloton Interactive
PTON
$2.36B
| $24.5M | 0.01% |
2,160,900
-338,800
| -14% | -$4.07M |
|
1491
CALL
iShares Russell 1000 Value ETF
IWD
$84.2B
| $24.5M | 0.01% |
160,900
+98,000
| +156% | +$15.1M |
|
1492
CALL
Boston Beer
SAM
$1.95B
| $24.5M | 0.01% |
74,500
-93,800
| -56% | -$32.3M |
|
1493
CALL
Constellation Energy
CEG
$98.6B
| $24.5M | 0.01% |
311,700
+59,300
| +23% | +$4.8M |
|
1494
CALL
International Flavors & Fragrances
IFF
$22.2B
| $24.5M | 0.01% |
265,900
+113,900
| +75% | +$11.3M |
|
1495
CALL
FIVE9
FIVN
$2.41B
| $24.4M | 0.01% |
338,100
+71,700
| +27% | +$5.13M |
|
1496
CALL
Teladoc Health
TDOC
$1.12B
| $24.4M | 0.01% |
942,800
-807,300
| -46% | -$21.6M |
|
1497
CALL
Motorola Solutions
MSI
$80.3B
| $24.4M | 0.01% |
85,300
+12,500
| +17% | +$3.3M |
|
|
JWN
1498
PUT
DELISTED
Nordstrom
JWN
| $24.4M | 0.01% |
1,499,100
-963,600
| -39% | -$18M |
|
1499
iShares MSCI South Korea ETF
EWY
$28B
| $24.4M | 0.01% |
398,011
+82,917
| +26% | +$5.04M |
|
1500
Domino's
DPZ
$11.6B
| $24.3M | 0.01% |
73,714
+43,396
| +143% | +$14.4M |
|
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.