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 | |
|---|---|---|---|---|---|---|
2101
CALL
iShares MSCI Japan ETF
EWJ
$22.7B
| $13.3M | ﹤0.01% |
226,900
-694,600
| -75% | -$39.6M |
|
2102
CALL
Black Stone Minerals
BSM
$3.18B
| $13.3M | ﹤0.01% |
848,000
+370,500
| +78% | +$5.8M |
|
2103
CALL
Capri Holdings
CPRI
$1.5B
| $13.3M | ﹤0.01% |
282,800
-27,200
| -9% | -$1.46M |
|
2104
FMC
FMC
$1.33B
| $13.2M | ﹤0.01% |
108,334
+54,818
| +102% | +$6.9M |
|
2105
CALL
Viking Therapeutics
VKTX
$3.95B
| $13.2M | ﹤0.01% |
793,800
+499,900
| +170% | +$5.16M |
|
2106
CALL
Kinross Gold
KGC
$38.6B
| $13.2M | ﹤0.01% |
2,799,900
+1,057,000
| +61% | +$4.48M |
|
2107
CALL
Fox Class A
FOXA
$28.3B
| $13.2M | ﹤0.01% |
386,700
+134,200
| +53% | +$4.53M |
|
2108
CDW
CDW
$18.6B
| $13.2M | ﹤0.01% |
67,526
+13,283
| +24% | +$2.61M |
|
2109
PUT
Shift4
FOUR
$3.47B
| $13.1M | ﹤0.01% |
173,300
+94,700
| +120% | +$6.1M |
|
|
DQ
2110
CALL
Daqo New Energy
DQ
$923M
| $13.1M | ﹤0.01% |
280,300
-76,200
| -21% | -$3.5M |
|
2111
PUT
Qorvo
QRVO
$8.49B
| $13.1M | ﹤0.01% |
129,100
+19,400
| +18% | +$1.97M |
|
2112
PUT
Royal Bank of Canada
RY
$284B
| $13.1M | ﹤0.01% |
137,000
-308,600
| -69% | -$30.6M |
|
2113
CALL
Ralph Lauren
RL
$21B
| $13.1M | ﹤0.01% |
112,100
-120,400
| -52% | -$14.2M |
|
2114
CALL
Viatris
VTRS
$19.4B
| $13.1M | ﹤0.01% |
1,359,200
-495,900
| -27% | -$5.5M |
|
2115
CALL
Saia
SAIA
$9.39B
| $13M | ﹤0.01% |
47,900
-14,000
| -23% | -$3.74M |
|
2116
PUT
Toll Brothers
TOL
$13.4B
| $13M | ﹤0.01% |
216,800
-379,900
| -64% | -$21.9M |
|
2117
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $13M | ﹤0.01% |
158,400
+80,200
| +103% | +$6.54M |
|
2118
Watsco Inc
WSO
$12.9B
| $13M | ﹤0.01% |
40,835
+39,904
| +4,286% | +$11.7M |
|
|
VSTO
2119
PUT
DELISTED
Vista Outdoor Inc.
VSTO
| $13M | ﹤0.01% |
468,400
-252,000
| -35% | -$6.9M |
|
2120
CALL
PVH
PVH
$3.51B
| $13M | ﹤0.01% |
145,400
-88,000
| -38% | -$7.18M |
|
2121
CALL
Public Service Enterprise Group
PEG
$36.5B
| $13M | ﹤0.01% |
207,500
+126,800
| +157% | +$7.68M |
|
2122
Cullen/Frost Bankers
CFR
$10B
| $13M | ﹤0.01% |
122,995
+85,832
| +231% | +$10.7M |
|
2123
PUT
WEC Energy
WEC
$34.6B
| $12.9M | ﹤0.01% |
136,200
+112,900
| +485% | +$10.5M |
|
2124
BHP
BHP
$245B
| $12.9M | ﹤0.01% |
203,333
+199,661
| +5,437% | +$12.9M |
|
|
OSH
2125
CALL
DELISTED
Oak Street Health, Inc.
OSH
| $12.9M | ﹤0.01% |
333,200
+192,500
| +137% | +$6.21M |
|
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.