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 | |
|---|---|---|---|---|---|---|
1701
CALL
Cencora
COR
$62.6B
| $20.1M | ﹤0.01% |
104,400
-135,300
| -56% | -$23.4M |
|
1702
PUT
PACCAR
PCAR
$68B
| $20.1M | ﹤0.01% |
239,950
-43,600
| -15% | -$3.23M |
|
1703
Paycom
PAYC
$10.5B
| $20.1M | ﹤0.01% |
62,449
+32,141
| +106% | +$9.48M |
|
1704
PUT
Freshpet
FRPT
$3.6B
| $20M | ﹤0.01% |
304,100
+223,800
| +279% | +$14.7M |
|
1705
Noble Corp
NE
$7.21B
| $20M | ﹤0.01% |
483,732
-88,954
| -16% | -$3.42M |
|
1706
PUT
iShares MSCI Mexico ETF
EWW
$1.8B
| $20M | ﹤0.01% |
321,300
-5,500
| -2% | -$336K |
|
1707
CALL
Wabtec
WAB
$50.8B
| $20M | ﹤0.01% |
182,000
+39,400
| +28% | +$3.91M |
|
1708
CALL
Atkore
ATKR
$3.16B
| $19.9M | ﹤0.01% |
127,800
+48,700
| +62% | +$6.39M |
|
1709
CALL
Academy Sports + Outdoors
ASO
$2.7B
| $19.9M | ﹤0.01% |
368,700
+185,900
| +102% | +$10.7M |
|
1710
JPMorgan Ultra-Short Income ETF
JPST
$40.8B
| $19.9M | ﹤0.01% |
+396,947
| New | +$19.9M |
|
|
DISH
1711
CALL
DELISTED
DISH Network Corp.
DISH
| $19.9M | ﹤0.01% |
3,019,600
+1,442,400
| +91% | +$10.2M |
|
1712
CALL
Axcelis
ACLS
$3.72B
| $19.9M | ﹤0.01% |
108,300
+40,900
| +61% | +$5.89M |
|
1713
Saia
SAIA
$9.33B
| $19.8M | ﹤0.01% |
57,969
+46,429
| +402% | +$13.4M |
|
1714
Roku
ROKU
$23.5B
| $19.8M | ﹤0.01% |
310,089
+80,060
| +35% | +$4.86M |
|
1715
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $19.8M | ﹤0.01% |
237,300
+21,800
| +10% | +$1.79M |
|
1716
CALL
Allegro MicroSystems
ALGM
$6.88B
| $19.8M | ﹤0.01% |
438,700
+45,500
| +12% | +$1.84M |
|
1717
CALL
Aramark
ARMK
$15.7B
| $19.8M | ﹤0.01% |
636,823
+152,073
| +31% | +$4.14M |
|
1718
State Street Technology Select Sector SPDR ETF
XLK
$119B
| $19.8M | ﹤0.01% |
+227,558
| New | +$17.9M |
|
|
WIRE
1719
PUT
DELISTED
Encore Wire Corp
WIRE
| $19.8M | ﹤0.01% |
106,300
+32,300
| +44% | +$5.47M |
|
1720
Textron
TXT
$14.3B
| $19.8M | ﹤0.01% |
292,241
+3,134
| +1% | +$207K |
|
|
GMS
1721
CALL
DELISTED
GMS Inc
GMS
| $19.8M | ﹤0.01% |
285,600
+161,800
| +131% | +$10M |
|
1722
Opendoor
OPEN
$3.31B
| $19.8M | ﹤0.01% |
5,079,364
+2,308,697
| +83% | +$5.01M |
|
1723
CALL
Vail Resorts
MTN
$5.3B
| $19.7M | ﹤0.01% |
78,400
-18,300
| -19% | -$4.46M |
|
1724
CALL
Hewlett Packard
HPE
$73.1B
| $19.7M | ﹤0.01% |
1,174,300
+409,400
| +54% | +$6.26M |
|
1725
AB InBev
BUD
$154B
| $19.7M | ﹤0.01% |
347,766
+293,678
| +543% | +$17.8M |
|
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.