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 | Miscellaneous | 90.23% |
| 2 | Technology | 2.7% |
| 3 | Consumer Discretionary | 1.66% |
| 4 | Financials | 1.18% |
| 5 | Communication Services | 1.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2351
iShares Core S&P 500 ETF
IVV
$901B
| $11.1M | ﹤0.01% |
24,957
+21,519
| +626% | +$9.07M |
|
2352
F5
FFIV
$23.1B
| $11.1M | ﹤0.01% |
75,947
+37,198
| +96% | +$5.29M |
|
2353
Unilever
UL
$139B
| $11.1M | ﹤0.01% |
189,369
+154,360
| +441% | +$9.17M |
|
|
SAVE
2354
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $11.1M | ﹤0.01% |
646,800
+77,200
| +14% | +$1.26M |
|
2355
CALL
Repligen
RGEN
$10.3B
| $11.1M | ﹤0.01% |
78,400
-25,200
| -24% | -$4.04M |
|
2356
CALL
East-West Bancorp
EWBC
$17.7B
| $11.1M | ﹤0.01% |
209,900
+75,100
| +56% | +$3.81M |
|
2357
Equifax
EFX
$22.6B
| $11.1M | ﹤0.01% |
47,057
-28,867
| -38% | -$6.08M |
|
2358
CALL
iShares Russell 1000 ETF
IWB
$49.3B
| $11.1M | ﹤0.01% |
45,400
+13,000
| +40% | +$2.99M |
|
|
NOVA
2359
CALL
DELISTED
Sunnova Energy
NOVA
| $11.1M | ﹤0.01% |
604,100
+427,300
| +242% | +$7.24M |
|
2360
IQVIA
IQV
$43.4B
| $11.1M | ﹤0.01% |
49,194
-47,815
| -49% | -$9.6M |
|
2361
Biogen
BIIB
$32.7B
| $11M | ﹤0.01% |
38,781
-51,337
| -57% | -$15.3M |
|
|
HDV
2362
CALL
iShares Core High Dividend ETF
HDV
$15.2B
| $11M | ﹤0.01% |
548,000
+16,500
| +3% | +$332K |
|
2363
Markel Group
MKL
$22.4B
| $11M | ﹤0.01% |
7,983
+1,510
| +23% | +$2.02M |
|
|
FLNA
2364
CALL
Filana Therapeutics
FLNA
$45.3M
| $11M | ﹤0.01% |
449,900
-193,900
| -30% | -$4.67M |
|
2365
PUT
American Eagle Outfitters
AEO
$2.86B
| $11M | ﹤0.01% |
934,500
-143,200
| -13% | -$1.79M |
|
2366
PUT
Noble Corp
NE
$7.36B
| $11M | ﹤0.01% |
266,500
+6,300
| +2% | +$243K |
|
|
FYBR
2367
CALL
DELISTED
Frontier Communications
FYBR
| $11M | ﹤0.01% |
589,200
+506,000
| +608% | +$9.5M |
|
2368
Scorpio Tankers
STNG
$3.88B
| $11M | ﹤0.01% |
232,498
-43,075
| -16% | -$2.13M |
|
2369
PUT
Penumbra
PEN
$12.7B
| $11M | ﹤0.01% |
31,900
-6,500
| -17% | -$2M |
|
2370
AMC Entertainment Holdings
AMC
$2.38B
| $11M | ﹤0.01% |
249,310
-288,346
| -54% | -$14.2M |
|
2371
Canadian Imperial Bank of Commerce
CM
$104B
| $11M | ﹤0.01% |
257,017
+118,817
| +86% | +$5.02M |
|
2372
PUT
Metropolitan Bank Holding Corp
MCB
$1.13B
| $10.9M | ﹤0.01% |
315,200
+217,300
| +222% | +$6.54M |
|
2373
CALL
iShares Russell 3000 ETF
IWV
$20.4B
| $10.9M | ﹤0.01% |
43,000
+28,900
| +205% | +$6.95M |
|
|
AEPPZ
2374
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
| $10.9M | ﹤0.01% |
220,173
-145,827
| -40% | -$7.27M |
|
2375
CALL
Phreesia
PHR
$732M
| $10.9M | ﹤0.01% |
352,600
+335,500
| +1,962% | +$10.5M |
|
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 Miscellaneous at 90% of assets, down from 90% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.