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 | Miscellaneous | 90.25% |
| 2 | Technology | 2.31% |
| 3 | Consumer Discretionary | 1.61% |
| 4 | Financials | 1.35% |
| 5 | Healthcare | 1.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
CALL
Bio-Rad Laboratories Class A
BIO
$10.4B
| $14.3M | ﹤0.01% |
29,800
+15,700
| +111% | +$7.35M |
|
2027
Teradyne
TER
$58.2B
| $14.3M | ﹤0.01% |
132,769
+2,846
| +2% | +$291K |
|
2028
Franklin Templeton
BEN
$17.7B
| $14.3M | ﹤0.01% |
529,414
+423,323
| +399% | +$12.4M |
|
2029
CALL
Service Corp International
SCI
$11.4B
| $14.2M | ﹤0.01% |
207,100
+87,300
| +73% | +$6.03M |
|
2030
PUT
GE HealthCare
GEHC
$32.7B
| $14.2M | ﹤0.01% |
+173,400
| New | +$12.4M |
|
2031
CALL
Vulcan Materials
VMC
$35.5B
| $14.2M | ﹤0.01% |
82,800
-16,100
| -16% | -$2.86M |
|
2032
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.01B
| $14.2M | ﹤0.01% |
194,110
-66,058
| -25% | -$4.56M |
|
2033
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$250M
| $14.2M | ﹤0.01% |
445,600
-719,400
| -62% | -$22.6M |
|
2034
CALL
TAL Education Group
TAL
$6.5B
| $14.2M | ﹤0.01% |
2,210,900
-347,600
| -14% | -$2.5M |
|
2035
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $14.2M | ﹤0.01% |
+69,407
| New | +$13.9M |
|
2036
PUT
ArcelorMittal
MT
$56.3B
| $14.2M | ﹤0.01% |
470,000
+87,700
| +23% | +$2.61M |
|
2037
PUT
SAP
SAP
$255B
| $14.1M | ﹤0.01% |
111,800
-39,700
| -26% | -$4.66M |
|
|
SWN
2038
PUT
DELISTED
Southwestern Energy Company
SWN
| $14.1M | ﹤0.01% |
2,824,100
-2,558,600
| -48% | -$13.6M |
|
2039
Zimmer Biomet
ZBH
$19B
| $14.1M | ﹤0.01% |
109,257
+30,092
| +38% | +$3.78M |
|
|
MMP
2040
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $14.1M | ﹤0.01% |
260,000
+56,900
| +28% | +$3.02M |
|
2041
CALL
Entegris
ENTG
$22.2B
| $14.1M | ﹤0.01% |
172,000
+103,500
| +151% | +$8.39M |
|
|
JWN
2042
DELISTED
Nordstrom
JWN
| $14.1M | ﹤0.01% |
866,934
+550,648
| +174% | +$10.3M |
|
2043
PUT
PPG Industries
PPG
$25.2B
| $14.1M | ﹤0.01% |
105,400
-1,000
| -0.9% | -$129K |
|
2044
CALL
WillScot Mobile Mini Holdings
WSC
$3.79B
| $14M | ﹤0.01% |
299,600
+116,800
| +64% | +$5.62M |
|
2045
AstraZeneca
AZN
$255B
| $14M | ﹤0.01% |
101,146
+44,767
| +79% | +$6.02M |
|
|
IPG
2046
DELISTED
Interpublic Group of Companies
IPG
| $14M | ﹤0.01% |
377,039
+220,361
| +141% | +$7.92M |
|
2047
PUT
Regions Financial
RF
$25.9B
| $14M | ﹤0.01% |
755,700
+435,100
| +136% | +$9.47M |
|
2048
PUT
Calumet Specialty Products
CLMT
$4.02B
| $14M | ﹤0.01% |
806,600
-82,400
| -9% | -$1.46M |
|
2049
Direxion Daily Financial Bull 3x ETF
FAS
$2.4B
| $14M | ﹤0.01% |
243,075
+153,012
| +170% | +$11.6M |
|
2050
Rhythm Pharmaceuticals
RYTM
$7.75B
| $14M | ﹤0.01% |
784,555
+90,513
| +13% | +$2.27M |
|
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's Q1 2023 filing shows 2,075 new, 5,756 increased, 4,471 reduced and 1,856 closed positions. Its largest new stake was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M. The largest sale was Tesla, an estimated $1.62B.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.