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 | |
|---|---|---|---|---|---|---|
1601
Waters Corp
WAT
$41B
| $22.7M | ﹤0.01% |
85,091
+44,001
| +107% | +$12.2M |
|
1602
CALL
Corteva
CTVA
$55.4B
| $22.7M | ﹤0.01% |
395,800
+205,400
| +108% | +$12M |
|
1603
CALL
Asbury Automotive
ABG
$3.81B
| $22.7M | ﹤0.01% |
94,300
+51,000
| +118% | +$10.7M |
|
1604
Snap
SNAP
$9.15B
| $22.7M | ﹤0.01% |
1,913,496
-28,633
| -1% | -$288K |
|
1605
Duke Energy
DUK
$95.2B
| $22.6M | ﹤0.01% |
251,611
-175,412
| -41% | -$16.6M |
|
1606
W.R. Berkley
WRB
$25.5B
| $22.5M | ﹤0.01% |
566,984
+363,039
| +178% | +$14.3M |
|
1607
CALL
Thor Industries
THO
$4.07B
| $22.5M | ﹤0.01% |
217,400
+64,400
| +42% | +$5.44M |
|
1608
Teradyne
TER
$56.5B
| $22.5M | ﹤0.01% |
202,045
+69,276
| +52% | +$6.95M |
|
1609
PUT
Manchester United
MANU
$4.05B
| $22.4M | ﹤0.01% |
920,700
-145,400
| -14% | -$3.01M |
|
1610
CALL
Global Ship Lease
GSL
$1.6B
| $22.4M | ﹤0.01% |
1,156,200
+208,900
| +22% | +$3.94M |
|
1611
CALL
Enbridge
ENB
$110B
| $22.4M | ﹤0.01% |
602,800
+211,900
| +54% | +$8.08M |
|
1612
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.5B
| $22.4M | ﹤0.01% |
642,500
-68,300
| -10% | -$2.86M |
|
|
MAXN
1613
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $22.4M | ﹤0.01% |
7,939
+3,126
| +65% | +$8.95M |
|
1614
CALL
Capri Holdings
CPRI
$1.53B
| $22.4M | ﹤0.01% |
622,900
+340,100
| +120% | +$13.5M |
|
1615
Fidelity National Information Services
FIS
$20.9B
| $22.4M | ﹤0.01% |
408,680
-463,155
| -53% | -$25.5M |
|
|
KRTX
1616
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $22.3M | ﹤0.01% |
102,800
-9,000
| -8% | -$1.93M |
|
1617
PUT
Agilent Technologies
A
$43.4B
| $22.2M | ﹤0.01% |
184,700
+46,000
| +33% | +$5.86M |
|
1618
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$244M
| $22.2M | ﹤0.01% |
84,390
+6,470
| +8% | +$2.02M |
|
1619
CALL
Toast
TOST
$21.2B
| $22.2M | ﹤0.01% |
983,000
+590,000
| +150% | +$11.8M |
|
1620
CALL
Pentair
PNR
$10.1B
| $22.2M | ﹤0.01% |
343,100
-4,700
| -1% | -$271K |
|
1621
Xcel Energy
XEL
$48.5B
| $22.1M | ﹤0.01% |
355,937
-179,505
| -34% | -$12M |
|
1622
PUT
Duolingo
DUOL
$6.51B
| $22.1M | ﹤0.01% |
154,400
-57,600
| -27% | -$8.25M |
|
|
ANSS
1623
PUT
DELISTED
Ansys
ANSS
| $22.1M | ﹤0.01% |
66,800
-4,200
| -6% | -$1.33M |
|
1624
West Pharmaceutical
WST
$24.8B
| $22.1M | ﹤0.01% |
57,660
+14,631
| +34% | +$5.23M |
|
1625
CALL
Ball Corp
BALL
$17B
| $22M | ﹤0.01% |
378,600
+182,700
| +93% | +$9.91M |
|
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.