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 | Miscellaneous | 90.23% |
| 2 | Technology | 2.7% |
| 3 | Consumer Discretionary | 1.66% |
| 4 | Financials | 1.18% |
| 5 | Communication Services | 1.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
CALL
ProShares UltraPro Dow 30
UDOW
$879M
| $19.7M | ﹤0.01% |
660,400
+125,200
| +23% | +$3.55M |
|
1727
PUT
Hertz
HTZ
$745M
| $19.7M | ﹤0.01% |
1,070,900
-1,098,900
| -51% | -$18M |
|
1728
CALL
DaVita
DVA
$11.4B
| $19.7M | ﹤0.01% |
196,000
+75,000
| +62% | +$6.96M |
|
1729
CALL
Aehr Test Systems
AEHR
$3.07B
| $19.7M | ﹤0.01% |
477,200
+167,900
| +54% | +$5.51M |
|
1730
Madison Square Garden
MSGS
$9.59B
| $19.7M | ﹤0.01% |
104,659
+60,355
| +136% | +$11.4M |
|
|
JNPR
1731
DELISTED
Juniper Networks
JNPR
| $19.7M | ﹤0.01% |
627,512
+26,594
| +4% | +$820K |
|
1732
Autodesk
ADSK
$57.1B
| $19.7M | ﹤0.01% |
96,064
-110,846
| -54% | -$22.2M |
|
1733
General Mills
GIS
$21.7B
| $19.6M | ﹤0.01% |
255,859
-96,203
| -27% | -$8.22M |
|
1734
CALL
Alexandria Real Estate Equities
ARE
$9.01B
| $19.6M | ﹤0.01% |
172,500
+8,200
| +5% | +$976K |
|
1735
PUT
Vanguard Total World Stock ETF
VT
$81.5B
| $19.6M | ﹤0.01% |
201,800
-44,900
| -18% | -$4.21M |
|
1736
PUT
Xerox
XRX
$402M
| $19.6M | ﹤0.01% |
1,313,800
+1,209,400
| +1,158% | +$17.7M |
|
1737
CALL
Centene
CNC
$32.7B
| $19.5M | ﹤0.01% |
289,800
+18,300
| +7% | +$1.22M |
|
1738
Suncor Energy
SU
$77.1B
| $19.5M | ﹤0.01% |
666,532
+116,604
| +21% | +$3.49M |
|
1739
J.M. Smucker
SJM
$14.3B
| $19.5M | ﹤0.01% |
132,320
-5,743
| -4% | -$876K |
|
1740
PUT
TotalEnergies
TTE
$191B
| $19.5M | ﹤0.01% |
338,800
-111,900
| -25% | -$6.77M |
|
1741
CALL
Bank OZK
OZK
$5.39B
| $19.5M | ﹤0.01% |
485,900
+319,100
| +191% | +$11.4M |
|
1742
CALL
British American Tobacco
BTI
$121B
| $19.5M | ﹤0.01% |
587,600
-416,600
| -41% | -$14.2M |
|
1743
Cummins
CMI
$79B
| $19.5M | ﹤0.01% |
79,542
-34,739
| -30% | -$7.87M |
|
1744
MetLife
MET
$61.1B
| $19.5M | ﹤0.01% |
344,658
-116,601
| -25% | -$6.47M |
|
1745
Tractor Supply
TSCO
$18.1B
| $19.4M | ﹤0.01% |
438,490
+4,580
| +1% | +$210K |
|
|
1746
CALL
Vanguard Total World Stock ETF
VT
$81.5B
| $19.4M | ﹤0.01% |
199,800
-4,800
| -2% | -$450K |
|
1747
EQT Corp
EQT
$34.1B
| $19.4M | ﹤0.01% |
470,623
-628,592
| -57% | -$22.2M |
|
1748
CALL
Unilever
UL
$139B
| $19.4M | ﹤0.01% |
330,044
-735,200
| -69% | -$43.7M |
|
1749
Delek US
DK
$4.31B
| $19.3M | ﹤0.01% |
807,763
+502,878
| +165% | +$11.4M |
|
1750
PUT
Lithia Motors
LAD
$8.15B
| $19.3M | ﹤0.01% |
63,600
-71,000
| -53% | -$17M |
|
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's Q2 2023 filing shows 1,371 new, 4,862 increased, 5,559 reduced and 1,866 closed positions. Its largest new stake was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M. The largest sale was Invesco QQQ Trust, an estimated $2.48B.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 90% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.