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 | |
|---|---|---|---|---|---|---|
1651
CALL
Aptiv
APTV
$9.61B
| $20.8M | ﹤0.01% |
185,200
-144,400
| -44% | -$15.9M |
|
1652
PUT
PACCAR
PCAR
$68B
| $20.8M | ﹤0.01% |
283,550
+178,550
| +170% | +$12.8M |
|
1653
CALL
Bank of Montreal
BMO
$121B
| $20.7M | ﹤0.01% |
232,600
-59,100
| -20% | -$5.61M |
|
1654
CALL
Diageo
DEO
$52.1B
| $20.7M | ﹤0.01% |
114,300
+60,900
| +114% | +$10.7M |
|
1655
PUT
Polaris
PII
$3.63B
| $20.7M | ﹤0.01% |
187,100
-51,200
| -21% | -$5.67M |
|
|
JNPR
1656
DELISTED
Juniper Networks
JNPR
| $20.7M | ﹤0.01% |
600,918
+476,144
| +382% | +$15.1M |
|
1657
PUT
Centene
CNC
$32.3B
| $20.7M | ﹤0.01% |
327,100
-215,200
| -40% | -$15.3M |
|
1658
PUT
Marqeta
MQ
$1.67B
| $20.7M | ﹤0.01% |
1,130,575
+1,020,225
| +925% | +$22.8M |
|
|
VTNR
1659
CALL
DELISTED
Vertex Energy, Inc
VTNR
| $20.7M | ﹤0.01% |
2,091,500
+301,900
| +17% | +$2.4M |
|
1660
CALL
NRG Energy
NRG
$24.4B
| $20.7M | ﹤0.01% |
602,500
-212,100
| -26% | -$7.02M |
|
1661
CALL
New Oriental
EDU
$9.19B
| $20.7M | ﹤0.01% |
535,000
-63,800
| -11% | -$2.58M |
|
1662
CALL
Alexandria Real Estate Equities
ARE
$9.12B
| $20.6M | ﹤0.01% |
164,300
+93,400
| +132% | +$13.7M |
|
1663
PUT
Rogers Corp
ROG
$2.25B
| $20.6M | ﹤0.01% |
126,100
-26,200
| -17% | -$3.78M |
|
1664
CALL
Floor & Decor
FND
$5.78B
| $20.6M | ﹤0.01% |
209,800
+56,000
| +36% | +$5.03M |
|
1665
CALL
Novavax
NVAX
$1.52B
| $20.6M | ﹤0.01% |
2,967,300
+1,022,100
| +53% | +$9.4M |
|
1666
Schwab International Equity ETF
SCHF
$69.7B
| $20.5M | ﹤0.01% |
1,179,566
-258,082
| -18% | -$4.42M |
|
1667
American Water Works
AWK
$27.3B
| $20.5M | ﹤0.01% |
140,054
+47,707
| +52% | +$7.07M |
|
1668
CALL
iShares Global Clean Energy ETF
ICLN
$2.21B
| $20.5M | ﹤0.01% |
1,035,300
+683,600
| +194% | +$13.5M |
|
1669
PUT
PENN Entertainment
PENN
$2.39B
| $20.5M | ﹤0.01% |
689,800
+101,800
| +17% | +$3.16M |
|
1670
PUT
Digital Realty Trust
DLR
$71.8B
| $20.4M | ﹤0.01% |
207,900
-5,800
| -3% | -$611K |
|
1671
Textron
TXT
$14.3B
| $20.4M | ﹤0.01% |
289,107
+184,272
| +176% | +$13.1M |
|
1672
Tractor Supply
TSCO
$18.2B
| $20.4M | ﹤0.01% |
433,910
+113,105
| +35% | +$5.15M |
|
1673
PUT
Synchrony
SYF
$26B
| $20.4M | ﹤0.01% |
700,200
-191,100
| -21% | -$6.42M |
|
1674
LyondellBasell Industries
LYB
$20.2B
| $20.3M | ﹤0.01% |
216,474
+107,218
| +98% | +$9.97M |
|
1675
SolarEdge
SEDG
$2.04B
| $20.3M | ﹤0.01% |
66,839
+16,556
| +33% | +$5.05M |
|
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.