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 | |
|---|---|---|---|---|---|---|
2151
Steel Dynamics
STLD
$33.8B
| $13.2M | ﹤0.01% |
120,907
-45,614
| -27% | -$4.64M |
|
2152
CALL
Howmet Aerospace
HWM
$107B
| $13.2M | ﹤0.01% |
265,700
+22,000
| +9% | +$980K |
|
2153
CALL
NetEase
NTES
$79B
| $13.2M | ﹤0.01% |
136,100
-143,500
| -51% | -$13M |
|
|
HCP
2154
PUT
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $13.1M | ﹤0.01% |
501,800
+279,100
| +125% | +$8.18M |
|
2155
PUT
Eastman Chemical
EMN
$8.34B
| $13.1M | ﹤0.01% |
156,900
+54,200
| +53% | +$4.41M |
|
2156
CALL
Motorola Solutions
MSI
$80.6B
| $13.1M | ﹤0.01% |
44,700
-40,600
| -48% | -$11.6M |
|
2157
PUT
Madison Square Garden
MSGS
$9.59B
| $13.1M | ﹤0.01% |
69,700
-30,100
| -30% | -$5.69M |
|
|
PR
2158
CALL
Permian Resources
PR
$19.1B
| $13.1M | ﹤0.01% |
1,194,700
+319,200
| +36% | +$3.26M |
|
2159
PUT
Celanese
CE
$4.91B
| $13.1M | ﹤0.01% |
112,800
+68,500
| +155% | +$7.42M |
|
2160
CALL
Elbit Systems
ESLT
$33.9B
| $13.1M | ﹤0.01% |
+62,500
| New | +$12.1M |
|
2161
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.56B
| $13M | ﹤0.01% |
751,300
+470,300
| +167% | +$5.63M |
|
2162
Sun Communities
SUI
$15.3B
| $13M | ﹤0.01% |
99,925
-96,610
| -49% | -$12.9M |
|
2163
PUT
Royal Bank of Canada
RY
$288B
| $13M | ﹤0.01% |
136,400
-600
| -0.4% | -$57.3K |
|
2164
PUT
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $13M | ﹤0.01% |
204,900
+119,000
| +139% | +$7.63M |
|
2165
CALL
Vanguard Morningstar Small-Cap ETF
VB
$82.2B
| $13M | ﹤0.01% |
65,400
+8,700
| +15% | +$1.64M |
|
2166
CALL
Equifax
EFX
$22.4B
| $13M | ﹤0.01% |
55,200
+15,700
| +40% | +$3.3M |
|
2167
CALL
Credo Technology Group
CRDO
$42.6B
| $13M | ﹤0.01% |
748,200
+329,000
| +78% | +$3.91M |
|
|
EBIX
2168
PUT
DELISTED
Ebix Inc
EBIX
| $13M | ﹤0.01% |
514,700
+255,600
| +99% | +$4.79M |
|
2169
PUT
Thor Industries
THO
$4.05B
| $13M | ﹤0.01% |
125,300
-61,600
| -33% | -$5.2M |
|
2170
PUT
Alaska Air
ALK
$4.8B
| $13M | ﹤0.01% |
243,700
-42,200
| -15% | -$1.92M |
|
2171
CALL
Arbor Realty Trust
ABR
$944M
| $13M | ﹤0.01% |
873,900
+283,600
| +48% | +$3.51M |
|
2172
Copa Holdings
CPA
$5.99B
| $12.9M | ﹤0.01% |
+117,096
| New | +$11.7M |
|
2173
Williams-Sonoma
WSM
$28B
| $12.9M | ﹤0.01% |
206,894
+174,386
| +536% | +$10.4M |
|
2174
CALL
Sanofi
SNY
$109B
| $12.9M | ﹤0.01% |
240,100
-123,100
| -34% | -$6.62M |
|
2175
RB Global
RBA
$15.9B
| $12.9M | ﹤0.01% |
215,200
-260,835
| -55% | -$14.7M |
|
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 Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
- 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.