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 | |
|---|---|---|---|---|---|---|
1476
PACCAR
PCAR
$68B
| $26.2M | 0.01% |
312,906
-227,956
| -42% | -$16.9M |
|
1477
PUT
Robinhood
HOOD
$101B
| $26.1M | 0.01% |
2,615,900
-812,500
| -24% | -$7.57M |
|
1478
APA Corp
APA
$14.5B
| $26.1M | 0.01% |
763,134
-255,031
| -25% | -$8.9M |
|
1479
Alcoa
AA
$13.5B
| $26.1M | 0.01% |
768,358
+546,764
| +247% | +$19.9M |
|
1480
PUT
Boston Properties
BXP
$11.5B
| $26.1M | 0.01% |
452,500
-62,300
| -12% | -$3.24M |
|
1481
Sea Limited
SE
$75.4B
| $26M | 0.01% |
447,891
+303,852
| +211% | +$21.7M |
|
|
ARCH
1482
DELISTED
Arch Resources, Inc.
ARCH
| $26M | 0.01% |
230,395
+154,413
| +203% | +$18.5M |
|
1483
Truist Financial
TFC
$61.4B
| $26M | 0.01% |
855,652
+14,530
| +2% | +$451K |
|
1484
PUT
Cintas
CTAS
$81.9B
| $25.9M | 0.01% |
208,800
-97,200
| -32% | -$11.4M |
|
1485
GE HealthCare
GEHC
$33.4B
| $25.9M | 0.01% |
318,490
+92,931
| +41% | +$7.42M |
|
1486
Ingersoll Rand
IR
$30.5B
| $25.8M | 0.01% |
394,510
+30,543
| +8% | +$1.81M |
|
|
SPR
1487
CALL
DELISTED
Spirit AeroSystems
SPR
| $25.7M | 0.01% |
880,900
+109,300
| +14% | +$3.15M |
|
1488
CALL
Rockwell Automation
ROK
$47.7B
| $25.7M | 0.01% |
78,000
+25,000
| +47% | +$7.22M |
|
1489
CALL
KKR & Co
KKR
$96.6B
| $25.7M | 0.01% |
458,300
+26,000
| +6% | +$1.36M |
|
|
API
1490
Agora
API
$348M
| $25.6M | 0.01% |
8,189,675
| – | – |
|
1491
Zoetis
ZTS
$31.9B
| $25.6M | 0.01% |
148,597
-158,878
| -52% | -$27.5M |
|
1492
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$249M
| $25.6M | 0.01% |
842,800
+66,400
| +9% | +$1.94M |
|
1493
CALL
Ally Financial
ALLY
$13B
| $25.6M | 0.01% |
946,300
-1,394,300
| -60% | -$37.1M |
|
1494
PUT
ScottsMiracle-Gro
SMG
$3.65B
| $25.4M | 0.01% |
405,600
-12,900
| -3% | -$865K |
|
1495
PUT
Bausch Health
BHC
$2.52B
| $25.4M | 0.01% |
3,174,900
+212,400
| +7% | +$1.57M |
|
1496
CALL
Southern Copper
SCCO
$186B
| $25.4M | 0.01% |
386,337
-52,727
| -12% | -$3.56M |
|
1497
Eversource Energy
ES
$26.8B
| $25.4M | 0.01% |
357,771
+59,945
| +20% | +$4.46M |
|
1498
CALL
Invesco NASDAQ 100 ETF
QQQM
$103B
| $25.4M | 0.01% |
166,800
-24,700
| -13% | -$3.42M |
|
1499
PUT
Wolfspeed
WOLF
$1.31B
| $25.3M | 0.01% |
455,400
+167,000
| +58% | +$8.51M |
|
1500
CALL
Verisk Analytics
VRSK
$24.5B
| $25.3M | 0.01% |
112,000
+86,100
| +332% | +$18.1M |
|
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.