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 | |
|---|---|---|---|---|---|---|
2226
CALL
Invesco Solar ETF
TAN
$1.28B
| $12.5M | ﹤0.01% |
175,000
-78,000
| -31% | -$5.63M |
|
2227
CALL
Fastly Inc
FSLY
$3.96B
| $12.5M | ﹤0.01% |
791,500
-305,100
| -28% | -$4.67M |
|
2228
CALL
Liberty Global Class A
LBTYA
$3.6B
| $12.5M | ﹤0.01% |
740,200
+716,000
| +2,959% | +$12.7M |
|
2229
CALL
Snap-on
SNA
$20.4B
| $12.5M | ﹤0.01% |
43,300
+12,700
| +42% | +$3.29M |
|
|
CIVI
2230
PUT
DELISTED
Civitas Resources
CIVI
| $12.5M | ﹤0.01% |
179,800
+46,000
| +34% | +$3.18M |
|
2231
CALL
ScottsMiracle-Gro
SMG
$3.52B
| $12.5M | ﹤0.01% |
198,900
+22,400
| +13% | +$1.5M |
|
|
FTCH
2232
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $12.5M | ﹤0.01% |
2,063,062
-1,255,823
| -38% | -$6.05M |
|
|
MRO
2233
DELISTED
Marathon Oil Corporation
MRO
| $12.5M | ﹤0.01% |
541,300
-335,268
| -38% | -$7.9M |
|
2234
PUT
Charles River Laboratories
CRL
$14.4B
| $12.4M | ﹤0.01% |
59,100
+5,700
| +11% | +$1.13M |
|
2235
PUT
Dropbox
DBX
$7.66B
| $12.4M | ﹤0.01% |
465,400
+227,300
| +95% | +$5.18M |
|
2236
iShares Silver Trust
SLV
$33B
| $12.4M | ﹤0.01% |
593,567
-1,968,958
| -77% | -$43.8M |
|
|
MRSH
2237
PUT
Marsh
MRSH
$91.4B
| $12.4M | ﹤0.01% |
65,900
-54,500
| -45% | -$9.67M |
|
2238
CALL
Louisiana-Pacific
LPX
$4.96B
| $12.4M | ﹤0.01% |
165,000
-11,800
| -7% | -$730K |
|
2239
Federated Hermes
FHI
$4.86B
| $12.4M | ﹤0.01% |
344,960
+183,626
| +114% | +$7.1M |
|
2240
PUT
Qorvo
QRVO
$8.41B
| $12.4M | ﹤0.01% |
121,200
-7,900
| -6% | -$758K |
|
2241
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $12.3M | ﹤0.01% |
107,125
-130,019
| -55% | -$15.2M |
|
2242
Chord Energy
CHRD
$7.68B
| $12.3M | ﹤0.01% |
80,234
+11,458
| +17% | +$1.66M |
|
2243
CALL
YPF Sociedad Anonima ADS
YPF
$19.7B
| $12.3M | ﹤0.01% |
828,000
-63,300
| -7% | -$768K |
|
2244
PUT
Interactive Brokers
IBKR
$44B
| $12.3M | ﹤0.01% |
593,600
-154,000
| -21% | -$3.04M |
|
2245
PUT
Dave & Buster's
PLAY
$326M
| $12.3M | ﹤0.01% |
276,600
-128,700
| -32% | -$4.7M |
|
2246
CALL
iShares Russell Mid-Cap ETF
IWR
$57.6B
| $12.3M | ﹤0.01% |
168,600
+52,600
| +45% | +$3.66M |
|
2247
Otis Worldwide
OTIS
$27.1B
| $12.3M | ﹤0.01% |
138,287
-68,381
| -33% | -$5.76M |
|
2248
Baxter International
BAX
$13.5B
| $12.3M | ﹤0.01% |
269,325
-348,716
| -56% | -$15.2M |
|
|
NKLA
2249
CALL
DELISTED
Nikola Corporation Common Stock
NKLA
| $12.3M | ﹤0.01% |
296,150
+213,797
| +260% | +$5.9M |
|
2250
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $12.3M | ﹤0.01% |
133,435
+130,335
| +4,204% | +$11.9M |
|
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.