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 | |
|---|---|---|---|---|---|---|
1751
CALL
F5
FFIV
$22.6B
| $19.3M | ﹤0.01% |
132,200
+22,900
| +21% | +$3.26M |
|
1752
Dominion Energy
D
$58.8B
| $19.2M | ﹤0.01% |
371,116
-131,047
| -26% | -$7.12M |
|
1753
PUT
BioMarin Pharmaceuticals
BMRN
$12.7B
| $19.2M | ﹤0.01% |
221,300
-25,600
| -10% | -$2.41M |
|
1754
CALL
ZIM Integrated Shipping Services
ZIM
$3.33B
| $19.1M | ﹤0.01% |
1,538,500
-182,900
| -11% | -$2.94M |
|
1755
CALL
Zebra Technologies
ZBRA
$17B
| $19.1M | ﹤0.01% |
64,400
+14,600
| +29% | +$4.1M |
|
1756
PUT
Teladoc Health
TDOC
$1.15B
| $19M | ﹤0.01% |
752,000
-130,500
| -15% | -$3.28M |
|
1757
Jacobs Solutions
J
$17.7B
| $19M | ﹤0.01% |
193,597
+73,018
| +61% | +$6.96M |
|
1758
Atlassian
TEAM
$42.6B
| $19M | ﹤0.01% |
113,433
-475,639
| -81% | -$76.2M |
|
1759
CALL
Fox Class A
FOXA
$29.3B
| $19M | ﹤0.01% |
558,900
+172,200
| +45% | +$5.63M |
|
1760
Darden Restaurants
DRI
$24.8B
| $19M | ﹤0.01% |
113,725
+51,840
| +84% | +$8.14M |
|
1761
PUT
Republic Services
RSG
$68B
| $19M | ﹤0.01% |
124,000
+66,200
| +115% | +$9.47M |
|
1762
CALL
Banco Santander
SAN
$214B
| $19M | ﹤0.01% |
5,118,800
+92,200
| +2% | +$326K |
|
1763
PUT
Emerson Electric
EMR
$88.3B
| $19M | ﹤0.01% |
210,000
-229,200
| -52% | -$19.3M |
|
1764
Wheaton Precious Metals
WPM
$70.9B
| $19M | ﹤0.01% |
438,593
+325,753
| +289% | +$15.5M |
|
1765
PUT
American Water Works
AWK
$27.3B
| $18.9M | ﹤0.01% |
132,200
+17,500
| +15% | +$2.57M |
|
1766
CALL
TE Connectivity
TEL
$59.4B
| $18.9M | ﹤0.01% |
134,600
-18,600
| -12% | -$2.35M |
|
1767
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $18.9M | ﹤0.01% |
704,600
-2,661,200
| -79% | -$75.2M |
|
1768
LyondellBasell Industries
LYB
$20.2B
| $18.8M | ﹤0.01% |
205,013
-11,461
| -5% | -$1.05M |
|
|
ARCH
1769
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $18.8M | ﹤0.01% |
166,900
+25,800
| +18% | +$3.09M |
|
1770
CALL
Illinois Tool Works
ITW
$81.3B
| $18.8M | ﹤0.01% |
75,100
-5,400
| -7% | -$1.26M |
|
1771
CALL
Moody's
MCO
$89.1B
| $18.8M | ﹤0.01% |
54,000
-67,000
| -55% | -$21.2M |
|
1772
Revvity
RVTY
$14.1B
| $18.8M | ﹤0.01% |
158,000
+34,119
| +28% | +$4.19M |
|
1773
CALL
Navios Maritime Partners
NMM
$2.43B
| $18.7M | ﹤0.01% |
858,100
-127,800
| -13% | -$2.83M |
|
1774
CALL
Vodafone
VOD
$36.8B
| $18.7M | ﹤0.01% |
1,981,500
+1,187,200
| +149% | +$12.5M |
|
1775
PUT
Bloom Energy
BE
$64.3B
| $18.7M | ﹤0.01% |
1,144,200
+626,500
| +121% | +$10.1M |
|
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.