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 | |
|---|---|---|---|---|---|---|
1626
CALL
Jack Henry & Associates
JKHY
$12.3B
| $22M | ﹤0.01% |
131,400
+81,700
| +164% | +$12.7M |
|
1627
VF Corp
VFC
$5.46B
| $22M | ﹤0.01% |
1,151,473
-546,005
| -32% | -$11.2M |
|
1628
DexCom
DXCM
$33.7B
| $21.9M | ﹤0.01% |
170,606
-138,917
| -45% | -$16.8M |
|
|
LSI
1629
DELISTED
Life Storage, Inc.
LSI
| $21.9M | ﹤0.01% |
164,505
+58,083
| +55% | +$7.73M |
|
1630
PUT
iShares Russell 1000 Growth ETF
IWF
$125B
| $21.8M | ﹤0.01% |
317,600
+35,600
| +13% | +$2.26M |
|
1631
CALL
International Flavors & Fragrances
IFF
$22.2B
| $21.8M | ﹤0.01% |
274,200
+8,300
| +3% | +$714K |
|
1632
TG Therapeutics
TGTX
$8.47B
| $21.8M | ﹤0.01% |
877,785
-400,463
| -31% | -$10.3M |
|
1633
CALL
Huntington Ingalls Industries
HII
$11.7B
| $21.7M | ﹤0.01% |
95,200
+67,800
| +247% | +$14.1M |
|
1634
CALL
iShares Select Dividend ETF
DVY
$24B
| $21.7M | ﹤0.01% |
191,200
-81,100
| -30% | -$9.24M |
|
1635
CALL
AngloGold Ashanti
AU
$59.9B
| $21.7M | ﹤0.01% |
1,027,100
+224,800
| +28% | +$5.67M |
|
1636
PUT
SAP
SAP
$244B
| $21.6M | ﹤0.01% |
158,200
+46,400
| +42% | +$6.14M |
|
1637
PUT
Molson Coors Class B
TAP
$7.85B
| $21.6M | ﹤0.01% |
328,300
+173,500
| +112% | +$10.7M |
|
1638
CALL
Ovintiv
OVV
$17.9B
| $21.6M | ﹤0.01% |
567,700
-128,600
| -18% | -$4.65M |
|
1639
CALL
First Horizon
FHN
$11.7B
| $21.6M | ﹤0.01% |
1,917,100
+579,900
| +43% | +$7.77M |
|
|
PINC
1640
DELISTED
Premier
PINC
| $21.6M | ﹤0.01% |
779,807
+135,081
| +21% | +$3.86M |
|
1641
Crown Castle
CCI
$32.1B
| $21.5M | ﹤0.01% |
188,764
-59,715
| -24% | -$7.11M |
|
1642
CALL
Targa Resources
TRGP
$63.1B
| $21.5M | ﹤0.01% |
282,500
+197,300
| +232% | +$14.3M |
|
1643
Nucor
NUE
$57.4B
| $21.5M | ﹤0.01% |
131,030
-91,081
| -41% | -$13.3M |
|
1644
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $21.4M | ﹤0.01% |
463,881
+456,033
| +5,811% | +$21M |
|
|
FITB
1645
PUT
Fifth Third Bancorp
FITB
$50B
| $21.4M | ﹤0.01% |
817,200
-1,008,200
| -55% | -$26M |
|
1646
CALL
Reliance Steel & Aluminium
RS
$19.9B
| $21.4M | ﹤0.01% |
78,800
-28,000
| -26% | -$6.93M |
|
1647
CALL
Mettler-Toledo International
MTD
$28.1B
| $21.4M | ﹤0.01% |
16,300
+2,100
| +15% | +$2.95M |
|
1648
CALL
Omega Healthcare
OHI
$14.3B
| $21.4M | ﹤0.01% |
696,500
+299,300
| +75% | +$8.65M |
|
1649
CALL
Invesco DB US Dollar Index Bearish Fund
UDN
$102M
| $21.3M | ﹤0.01% |
1,134,500
-251,700
| -18% | -$4.74M |
|
|
1650
CALL
Molson Coors Class B
TAP
$7.85B
| $21.3M | ﹤0.01% |
323,800
-95,300
| -23% | -$5.89M |
|
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.