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 | |
|---|---|---|---|---|---|---|
1551
PUT
J.M. Smucker
SJM
$13.4B
| $23.3M | 0.01% |
148,100
+70,700
| +91% | +$10.7M |
|
1552
PUT
Apollo Global Management
APO
$78.6B
| $23.3M | 0.01% |
368,800
-13,300
| -3% | -$891K |
|
|
WBA
1553
DELISTED
Walgreens Boots Alliance
WBA
| $23.3M | 0.01% |
673,601
+263,850
| +64% | +$9.36M |
|
1554
Cloudflare
NET
$98.8B
| $23.3M | ﹤0.01% |
377,378
+61,251
| +19% | +$3.35M |
|
|
FITB
1555
CALL
Fifth Third Bancorp
FITB
$49.8B
| $23.2M | ﹤0.01% |
871,700
+517,700
| +146% | +$17.2M |
|
|
DCP
1556
DELISTED
DCP Midstream, LP
DCP
| $23.2M | ﹤0.01% |
556,053
+215,847
| +63% | +$8.99M |
|
1557
CALL
Axsome Therapeutics
AXSM
$10.8B
| $23.2M | ﹤0.01% |
376,000
-152,700
| -29% | -$10M |
|
1558
Mercado Libre
MELI
$101B
| $23M | ﹤0.01% |
17,480
+4,123
| +31% | +$4.69M |
|
|
SKX
1559
DELISTED
Skechers
SKX
| $23M | ﹤0.01% |
483,998
+340,280
| +237% | +$15.4M |
|
1560
Alnylam Pharmaceuticals
ALNY
$32.1B
| $22.9M | ﹤0.01% |
114,401
+83,736
| +273% | +$17.6M |
|
1561
InMode
INMD
$865M
| $22.9M | ﹤0.01% |
715,313
+547,660
| +327% | +$18.8M |
|
1562
PUT
Teladoc Health
TDOC
$1.12B
| $22.9M | ﹤0.01% |
882,500
-13,800
| -2% | -$369K |
|
1563
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$411M
| $22.8M | ﹤0.01% |
30,914
+20,620
| +200% | +$29.4M |
|
1564
PUT
Vanguard Total World Stock ETF
VT
$81.2B
| $22.7M | ﹤0.01% |
246,700
+225,100
| +1,042% | +$20.4M |
|
1565
PUT
NetApp
NTAP
$36.8B
| $22.7M | ﹤0.01% |
355,800
+106,700
| +43% | +$6.89M |
|
1566
CALL
KKR & Co
KKR
$96.6B
| $22.7M | ﹤0.01% |
432,300
+81,800
| +23% | +$4.39M |
|
|
ANSS
1567
CALL
DELISTED
Ansys
ANSS
| $22.7M | ﹤0.01% |
68,200
+24,600
| +56% | +$6.94M |
|
1568
Dollar Tree
DLTR
$25.8B
| $22.7M | ﹤0.01% |
158,008
-339,328
| -68% | -$49.2M |
|
1569
CALL
Keysight
KEYS
$54.5B
| $22.7M | ﹤0.01% |
140,400
+77,600
| +124% | +$13.2M |
|
1570
PUT
VF Corp
VFC
$5.44B
| $22.6M | ﹤0.01% |
987,600
-208,500
| -17% | -$5.48M |
|
1571
Arista Networks
ANET
$241B
| $22.6M | ﹤0.01% |
539,072
+29,784
| +6% | +$1.02M |
|
1572
Noble Corp
NE
$7.32B
| $22.6M | ﹤0.01% |
572,686
+120,900
| +27% | +$4.84M |
|
1573
PUT
Carvana
CVNA
$83.3B
| $22.6M | ﹤0.01% |
11,544,000
-5,585,500
| -33% | -$9.69M |
|
1574
CALL
Vail Resorts
MTN
$5.27B
| $22.6M | ﹤0.01% |
96,700
+63,600
| +192% | +$15.3M |
|
1575
Hartford Financial Services
HIG
$37.4B
| $22.6M | ﹤0.01% |
323,902
-112,938
| -26% | -$8.39M |
|
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.