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 | |
|---|---|---|---|---|---|---|
1726
CALL
AngloGold Ashanti
AU
$59.7B
| $19.4M | ﹤0.01% |
802,300
-116,000
| -13% | -$2.35M |
|
1727
PUT
Kinross Gold
KGC
$38.3B
| $19.4M | ﹤0.01% |
4,112,200
+630,100
| +18% | +$2.67M |
|
1728
PUT
Cognizant
CTSH
$28B
| $19.4M | ﹤0.01% |
317,700
+189,900
| +149% | +$11.9M |
|
1729
Old Dominion Freight Line
ODFL
$41.4B
| $19.3M | ﹤0.01% |
113,480
-25,242
| -18% | -$4.23M |
|
|
DFS
1730
DELISTED
Discover Financial Services
DFS
| $19.3M | ﹤0.01% |
195,624
+77,813
| +66% | +$8.33M |
|
1731
SBA Communications
SBAC
$19.7B
| $19.3M | ﹤0.01% |
74,022
+20,175
| +37% | +$5.55M |
|
1732
PUT
iShares MSCI France ETF
EWQ
$337M
| $19.3M | ﹤0.01% |
510,900
+216,900
| +74% | +$7.91M |
|
1733
Skyworks Solutions
SWKS
$10B
| $19.3M | ﹤0.01% |
163,595
-255,608
| -61% | -$28.3M |
|
1734
IQVIA
IQV
$43B
| $19.3M | ﹤0.01% |
97,009
+22,594
| +30% | +$4.83M |
|
1735
CALL
Range Resources
RRC
$9.71B
| $19.3M | ﹤0.01% |
728,200
-32,400
| -4% | -$816K |
|
1736
Sarepta Therapeutics
SRPT
$2.06B
| $19.3M | ﹤0.01% |
139,827
+31,880
| +30% | +$4.14M |
|
1737
CALL
Public Storage
PSA
$59.3B
| $19.2M | ﹤0.01% |
63,700
-5,200
| -8% | -$1.53M |
|
1738
PUT
Ball Corp
BALL
$17B
| $19.2M | ﹤0.01% |
349,000
+164,200
| +89% | +$9.13M |
|
1739
TG Therapeutics
TGTX
$8.42B
| $19.2M | ﹤0.01% |
1,278,248
+91,980
| +8% | +$1.4M |
|
1740
CALL
Pentair
PNR
$10B
| $19.2M | ﹤0.01% |
347,800
+250,700
| +258% | +$13.3M |
|
1741
PUT
MSCI
MSCI
$41B
| $19.2M | ﹤0.01% |
34,300
-69,200
| -67% | -$36.6M |
|
1742
PUT
Agilent Technologies
A
$43.8B
| $19.2M | ﹤0.01% |
138,700
+15,000
| +12% | +$2.19M |
|
1743
PUT
Spectrum Brands
SPB
$2.04B
| $19.1M | ﹤0.01% |
289,000
+55,600
| +24% | +$3.51M |
|
1744
CALL
US Global Jets ETF
JETS
$799M
| $19.1M | ﹤0.01% |
1,027,000
-396,200
| -28% | -$7.66M |
|
1745
PUT
Cal-Maine
CALM
$3.88B
| $19.1M | ﹤0.01% |
314,000
-139,300
| -31% | -$7.77M |
|
1746
Kraft Heinz
KHC
$29.4B
| $19.1M | ﹤0.01% |
493,923
+18,974
| +4% | +$751K |
|
1747
CALL
AGNC Investment
AGNC
$12.8B
| $19.1M | ﹤0.01% |
1,894,300
-828,000
| -30% | -$9M |
|
1748
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.62B
| $19M | ﹤0.01% |
190,048
+182,777
| +2,514% | +$18.3M |
|
1749
CALL
Levi Strauss
LEVI
$8.25B
| $19M | ﹤0.01% |
1,042,800
-118,600
| -10% | -$2.04M |
|
1750
Aflac
AFL
$58.9B
| $19M | ﹤0.01% |
294,488
-165,335
| -36% | -$11.3M |
|
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.