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 | |
|---|---|---|---|---|---|---|
1501
Moody's
MCO
$88.9B
| $24.3M | 0.01% |
79,457
+19,980
| +34% | +$6.04M |
|
1502
PUT
Tapestry
TPR
$25.9B
| $24.3M | 0.01% |
563,300
+137,900
| +32% | +$5.92M |
|
1503
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$242M
| $24.3M | 0.01% |
77,920
-125,850
| -62% | -$37.4M |
|
1504
CALL
VeriSign
VRSN
$26.6B
| $24.2M | 0.01% |
114,600
-5,100
| -4% | -$1.05M |
|
1505
Edison International
EIX
$28.8B
| $24.2M | 0.01% |
342,927
+186,770
| +120% | +$12.6M |
|
1506
PUT
XPeng
XPEV
$11.1B
| $24.2M | 0.01% |
2,175,800
-556,000
| -20% | -$5.37M |
|
1507
Academy Sports + Outdoors
ASO
$2.7B
| $24.2M | 0.01% |
370,411
+257,596
| +228% | +$15.2M |
|
1508
CALL
Universal Health Services
UHS
$10.4B
| $24.1M | 0.01% |
189,500
+155,700
| +461% | +$21.5M |
|
1509
Exelon
EXC
$45.7B
| $24.1M | 0.01% |
574,572
+85,877
| +18% | +$3.58M |
|
|
EXAS
1510
PUT
DELISTED
Exact Sciences
EXAS
| $24M | 0.01% |
354,500
-180,900
| -34% | -$11.6M |
|
1511
PUT
BioMarin Pharmaceuticals
BMRN
$12.8B
| $24M | 0.01% |
246,900
+24,300
| +11% | +$2.52M |
|
1512
PUT
Bausch Health
BHC
$2.52B
| $24M | 0.01% |
2,962,500
+883,300
| +42% | +$7.09M |
|
1513
PUT
British American Tobacco
BTI
$122B
| $24M | 0.01% |
683,000
+207,700
| +44% | +$7.83M |
|
1514
CALL
Dutch Bros
BROS
$7.05B
| $24M | 0.01% |
758,200
+125,700
| +20% | +$4.25M |
|
1515
UBS Group
UBS
$166B
| $23.9M | 0.01% |
1,121,602
+790,216
| +238% | +$16.5M |
|
1516
Copart
CPRT
$30.9B
| $23.9M | 0.01% |
635,902
+187,322
| +42% | +$6.37M |
|
1517
First Citizens BancShares
FCNCA
$24.4B
| $23.9M | 0.01% |
24,566
-4,680
| -16% | -$3.48M |
|
1518
C3.ai
AI
$1.52B
| $23.9M | 0.01% |
711,717
+381,134
| +115% | +$7.8M |
|
1519
PUT
Markel Group
MKL
$22.4B
| $23.9M | 0.01% |
18,700
-1,600
| -8% | -$2.13M |
|
1520
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$249M
| $23.9M | 0.01% |
776,400
-371,600
| -32% | -$12.7M |
|
1521
CALL
Robinhood
HOOD
$101B
| $23.8M | 0.01% |
2,454,700
-2,195,900
| -47% | -$20.9M |
|
1522
PUT
CVR Partners
UAN
$1.33B
| $23.8M | 0.01% |
266,800
+179,300
| +205% | +$17.4M |
|
1523
CALL
Navios Maritime Partners
NMM
$2.58B
| $23.8M | 0.01% |
985,900
-93,800
| -9% | -$2.42M |
|
1524
CALL
First Horizon
FHN
$11.6B
| $23.8M | 0.01% |
1,337,200
+1,303,100
| +3,821% | +$29M |
|
1525
Roper Technologies
ROP
$40.9B
| $23.8M | 0.01% |
53,906
-1,441
| -3% | -$623K |
|
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.