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 | |
|---|---|---|---|---|---|---|
|
KRTX
1676
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $20.3M | ﹤0.01% |
111,800
+72,300
| +183% | +$13.8M |
|
1677
CALL
ZTO Express
ZTO
$16.2B
| $20.3M | ﹤0.01% |
708,500
+201,900
| +40% | +$5.51M |
|
1678
PUT
MarketAxess Holdings
MKTX
$5.72B
| $20.3M | ﹤0.01% |
51,800
+18,000
| +53% | +$6.37M |
|
|
DISH
1679
PUT
DELISTED
DISH Network Corp.
DISH
| $20.3M | ﹤0.01% |
2,172,000
+1,667,800
| +331% | +$21M |
|
1680
CALL
VF Corp
VFC
$5.46B
| $20.2M | ﹤0.01% |
883,800
+218,200
| +33% | +$5.73M |
|
1681
PUT
US Global Jets ETF
JETS
$799M
| $20.2M | ﹤0.01% |
1,086,800
+515,800
| +90% | +$9.97M |
|
1682
PENN Entertainment
PENN
$2.39B
| $20.2M | ﹤0.01% |
681,718
+395,586
| +138% | +$12.3M |
|
1683
Norwegian Cruise Line
NCLH
$7.85B
| $20.2M | ﹤0.01% |
1,502,683
+606,877
| +68% | +$9.08M |
|
1684
CALL
Teva Pharmaceuticals
TEVA
$44.2B
| $20.2M | ﹤0.01% |
2,281,700
-1,712,600
| -43% | -$16.9M |
|
1685
CALL
Yum China
YUMC
$16.1B
| $20.2M | ﹤0.01% |
318,500
-50,100
| -14% | -$3.02M |
|
|
FTCH
1686
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $20.1M | ﹤0.01% |
4,102,500
+2,037,300
| +99% | +$11.1M |
|
1687
PUT
LyondellBasell Industries
LYB
$20.2B
| $20.1M | ﹤0.01% |
214,200
-9,700
| -4% | -$902K |
|
1688
PUT
Parker-Hannifin
PH
$131B
| $20.1M | ﹤0.01% |
59,800
+41,900
| +234% | +$13.9M |
|
1689
CALL
TE Connectivity
TEL
$59.4B
| $20.1M | ﹤0.01% |
153,200
+91,400
| +148% | +$11.6M |
|
|
MRSH
1690
PUT
Marsh
MRSH
$92.2B
| $20.1M | ﹤0.01% |
120,400
+115,400
| +2,308% | +$19.2M |
|
1691
D.R. Horton
DHI
$41.7B
| $20M | ﹤0.01% |
204,852
+36,703
| +22% | +$3.5M |
|
1692
CALL
KeyCorp
KEY
$23.6B
| $20M | ﹤0.01% |
1,597,700
+1,188,400
| +290% | +$20.1M |
|
1693
Monolithic Power Systems
MPWR
$64.1B
| $20M | ﹤0.01% |
39,951
+21,130
| +112% | +$9.71M |
|
1694
Ross Stores
ROST
$75.8B
| $20M | ﹤0.01% |
188,224
-41,520
| -18% | -$4.66M |
|
1695
Quanta Services
PWR
$92.7B
| $20M | ﹤0.01% |
119,737
+50,629
| +73% | +$7.78M |
|
1696
CALL
Sigma Lithium
SGML
$1.37B
| $19.9M | ﹤0.01% |
530,000
+515,900
| +3,659% | +$16.5M |
|
1697
CALL
FLEX LNG
FLNG
$1.65B
| $19.9M | ﹤0.01% |
593,700
+167,900
| +39% | +$5.46M |
|
1698
Pan American Silver
PAAS
$21.8B
| $19.9M | ﹤0.01% |
1,094,987
+64,768
| +6% | +$1.11M |
|
1699
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.5B
| $19.9M | ﹤0.01% |
364,600
-336,200
| -48% | -$18.2M |
|
1700
PUT
Teradyne
TER
$56.8B
| $19.9M | ﹤0.01% |
184,700
+32,100
| +21% | +$3.28M |
|
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.