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 | |
|---|---|---|---|---|---|---|
1901
CALL
Dole
DOLE
$1.29B
| $16.7M | ﹤0.01% |
1,236,800
+442,000
| +56% | +$5.67M |
|
|
MRO
1902
PUT
DELISTED
Marathon Oil Corporation
MRO
| $16.7M | ﹤0.01% |
726,100
-500,400
| -41% | -$11.8M |
|
1903
CALL
Sunrun
RUN
$2.2B
| $16.7M | ﹤0.01% |
935,600
-587,000
| -39% | -$10.9M |
|
1904
Tidewater
TDW
$4.42B
| $16.7M | ﹤0.01% |
301,344
+159,538
| +113% | +$7.3M |
|
1905
CALL
Floor & Decor
FND
$5.78B
| $16.7M | ﹤0.01% |
160,600
-49,200
| -23% | -$4.7M |
|
1906
Principal Financial Group
PFG
$24B
| $16.7M | ﹤0.01% |
219,780
-78,756
| -26% | -$5.68M |
|
1907
Digital Realty Trust
DLR
$71.8B
| $16.7M | ﹤0.01% |
146,220
-5,690
| -4% | -$563K |
|
1908
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.5B
| $16.6M | ﹤0.01% |
300,700
-63,900
| -18% | -$3.49M |
|
1909
PUT
Star Bulk Carriers
SBLK
$3.3B
| $16.6M | ﹤0.01% |
938,900
-403,300
| -30% | -$7.76M |
|
1910
SoFi Technologies
SOFI
$24.3B
| $16.5M | ﹤0.01% |
1,973,606
-6,412,511
| -76% | -$41.8M |
|
|
CTLT
1911
CALL
DELISTED
CATALENT, INC.
CTLT
| $16.5M | ﹤0.01% |
379,400
+279,000
| +278% | +$12.3M |
|
1912
CALL
Unum
UNM
$14.5B
| $16.4M | ﹤0.01% |
343,300
+169,700
| +98% | +$7.4M |
|
1913
PUT
Axsome Therapeutics
AXSM
$10.9B
| $16.4M | ﹤0.01% |
227,600
-11,400
| -5% | -$841K |
|
1914
CALL
Vulcan Materials
VMC
$35.5B
| $16.3M | ﹤0.01% |
72,500
-10,300
| -12% | -$1.97M |
|
|
GRMN
1915
Garmin
GRMN
$55.7B
| $16.3M | ﹤0.01% |
156,629
-38,959
| -20% | -$3.98M |
|
1916
CALL
UiPath
PATH
$8.68B
| $16.3M | ﹤0.01% |
985,200
+25,000
| +3% | +$401K |
|
1917
PUT
DaVita
DVA
$11.5B
| $16.3M | ﹤0.01% |
162,100
+88,000
| +119% | +$8.17M |
|
1918
CALL
Corpay
CPAY
$26.7B
| $16.3M | ﹤0.01% |
64,800
-21,300
| -25% | -$4.86M |
|
1919
CALL
California Resources
CRC
$4.67B
| $16.3M | ﹤0.01% |
359,000
+175,500
| +96% | +$7.12M |
|
1920
PUT
Valley National Bancorp
VLY
$7.79B
| $16.2M | ﹤0.01% |
2,095,600
+975,400
| +87% | +$7.76M |
|
1921
PUT
SentinelOne
S
$7.03B
| $16.2M | ﹤0.01% |
1,075,500
+693,500
| +182% | +$11.7M |
|
1922
PUT
Molina Healthcare
MOH
$10.6B
| $16.2M | ﹤0.01% |
53,900
-57,600
| -52% | -$16.6M |
|
1923
PUT
KeyCorp
KEY
$23.6B
| $16.2M | ﹤0.01% |
1,755,600
-372,600
| -18% | -$3.89M |
|
1924
PUT
ChargePoint
CHPT
$154M
| $16.2M | ﹤0.01% |
92,245
+38,900
| +73% | +$6.82M |
|
1925
Gold Fields
GFI
$42.6B
| $16.2M | ﹤0.01% |
1,171,446
+896,036
| +325% | +$13.6M |
|
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.