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 | |
|---|---|---|---|---|---|---|
1626
CALL
Dynatrace
DT
$14.7B
| $21.3M | ﹤0.01% |
504,400
+71,200
| +16% | +$2.88M |
|
1627
CALL
Fluor
FLR
$6.93B
| $21.3M | ﹤0.01% |
689,200
+210,500
| +44% | +$7.24M |
|
|
SPYM
1628
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $21.3M | ﹤0.01% |
442,200
+75,100
| +20% | +$3.52M |
|
1629
Corning
GLW
$129B
| $21.3M | ﹤0.01% |
603,057
+213,505
| +55% | +$7.43M |
|
1630
Sysco
SYY
$40B
| $21.2M | ﹤0.01% |
275,078
+76,898
| +39% | +$5.9M |
|
1631
CALL
Synchrony
SYF
$26.1B
| $21.2M | ﹤0.01% |
729,200
+232,400
| +47% | +$7.8M |
|
1632
Ingersoll Rand
IR
$31.1B
| $21.2M | ﹤0.01% |
363,967
+212,775
| +141% | +$12M |
|
1633
CALL
W.P. Carey
WPC
$16.3B
| $21.1M | ﹤0.01% |
278,529
+37,471
| +16% | +$2.99M |
|
1634
PUT
MP Materials
MP
$10.5B
| $21.1M | ﹤0.01% |
749,300
+304,200
| +68% | +$9.2M |
|
1635
CALL
Royal Bank of Canada
RY
$290B
| $21.1M | ﹤0.01% |
220,300
-53,400
| -20% | -$5.29M |
|
1636
PUT
Cencora
COR
$62.6B
| $21M | ﹤0.01% |
131,400
-11,900
| -8% | -$1.89M |
|
1637
PUT
DigitalOcean
DOCN
$13.5B
| $21M | ﹤0.01% |
536,900
+212,600
| +66% | +$6.69M |
|
1638
Ball Corp
BALL
$17B
| $21M | ﹤0.01% |
381,599
+156,392
| +69% | +$8.7M |
|
1639
CALL
State Street
STT
$53.2B
| $21M | ﹤0.01% |
277,800
+137,300
| +98% | +$11.6M |
|
|
MRO
1640
DELISTED
Marathon Oil Corporation
MRO
| $21M | ﹤0.01% |
876,568
-83,785
| -9% | -$2.14M |
|
|
GRMN
1641
CALL
Garmin
GRMN
$55.6B
| $21M | ﹤0.01% |
208,000
+118,200
| +132% | +$11.5M |
|
1642
CALL
ProShares UltraPro Short S&P 500
SPXU
$393M
| $21M | ﹤0.01% |
77,815
-48,720
| -39% | -$14.5M |
|
1643
CALL
Perion Network
PERI
$372M
| $21M | ﹤0.01% |
529,700
-44,600
| -8% | -$1.48M |
|
1644
PUT
iShares Core MSCI Emerging Markets ETF
IEMG
$161B
| $20.9M | ﹤0.01% |
428,900
+418,100
| +3,871% | +$20.5M |
|
1645
Hewlett Packard
HPE
$72.2B
| $20.9M | ﹤0.01% |
1,310,507
+769,040
| +142% | +$12.1M |
|
|
PINC
1646
DELISTED
Premier
PINC
| $20.9M | ﹤0.01% |
644,726
+65,648
| +11% | +$2.15M |
|
|
X
1647
DELISTED
US Steel
X
| $20.9M | ﹤0.01% |
799,452
+682,222
| +582% | +$19M |
|
1648
CALL
iShares MSCI Australia ETF
EWA
$1.35B
| $20.9M | ﹤0.01% |
909,300
-327,100
| -26% | -$7.65M |
|
1649
PUT
Equifax
EFX
$22.4B
| $20.8M | ﹤0.01% |
102,700
+9,700
| +10% | +$2.02M |
|
1650
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $20.8M | ﹤0.01% |
731,100
-484,500
| -40% | -$13.4M |
|
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.