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 | |
|---|---|---|---|---|---|---|
2401
CALL
Main Street Capital
MAIN
$5.47B
| $10.8M | ﹤0.01% |
268,700
+20,800
| +8% | +$825K |
|
2402
Ventas
VTR
$47.4B
| $10.7M | ﹤0.01% |
227,308
-61,352
| -21% | -$2.78M |
|
2403
Xylem
XYL
$26.3B
| $10.7M | ﹤0.01% |
95,237
-44,894
| -32% | -$4.75M |
|
2404
CALL
Winnebago Industries
WGO
$862M
| $10.7M | ﹤0.01% |
160,700
+10,500
| +7% | +$627K |
|
2405
PUT
Elastic
ESTC
$8.76B
| $10.7M | ﹤0.01% |
166,900
+25,700
| +18% | +$1.61M |
|
2406
CALL
WillScot Mobile Mini Holdings
WSC
$3.82B
| $10.7M | ﹤0.01% |
223,900
-75,700
| -25% | -$3.39M |
|
2407
TransUnion
TRU
$16.2B
| $10.7M | ﹤0.01% |
136,520
+3,544
| +3% | +$245K |
|
2408
Carlisle Companies
CSL
$14.3B
| $10.7M | ﹤0.01% |
41,685
+22,863
| +121% | +$5.07M |
|
|
2409
Elastic
ESTC
$8.76B
| $10.7M | ﹤0.01% |
166,765
+128,645
| +337% | +$8.06M |
|
2410
ProShares Investment Grade-Interest Rate Hedged
IGHG
$343M
| $10.7M | ﹤0.01% |
146,651
+141,148
| +2,565% | +$10.1M |
|
2411
TechnipFMC
FTI
$30.3B
| $10.6M | ﹤0.01% |
640,786
-9,269
| -1% | -$131K |
|
2412
Monolithic Power Systems
MPWR
$63.6B
| $10.6M | ﹤0.01% |
19,708
-20,243
| -51% | -$9.62M |
|
2413
CALL
Yelp
YELP
$1.23B
| $10.6M | ﹤0.01% |
292,400
+255,600
| +695% | +$8.25M |
|
|
PLL
2414
CALL
DELISTED
Piedmont Lithium
PLL
| $10.6M | ﹤0.01% |
184,300
-57,400
| -24% | -$3.28M |
|
2415
Everest Group
EG
$14.4B
| $10.6M | ﹤0.01% |
31,106
+9,665
| +45% | +$3.49M |
|
2416
CALL
Yeti Holdings
YETI
$3.06B
| $10.6M | ﹤0.01% |
273,600
-74,200
| -21% | -$2.87M |
|
|
UNVR
2417
DELISTED
Univar Solutions Inc.
UNVR
| $10.6M | ﹤0.01% |
+296,366
| New | +$10.5M |
|
|
PPLI
2418
People Inc
PPLI
$2.92B
| $10.6M | ﹤0.01% |
205,800
+41,020
| +25% | +$1.88M |
|
2419
PUT
Baker Hughes
BKR
$62.3B
| $10.6M | ﹤0.01% |
335,200
-144,300
| -30% | -$4.21M |
|
2420
CALL
Hormel Foods
HRL
$11.8B
| $10.6M | ﹤0.01% |
263,300
+39,000
| +17% | +$1.56M |
|
2421
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $10.6M | ﹤0.01% |
115,000
-4,900
| -4% | -$449K |
|
2422
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$58.8M
| $10.6M | ﹤0.01% |
73,620
+45,620
| +163% | +$6.81M |
|
2423
PUT
Goodyear
GT
$1.78B
| $10.6M | ﹤0.01% |
772,500
+208,500
| +37% | +$2.6M |
|
2424
CALL
Weatherford International
WFRD
$6.68B
| $10.6M | ﹤0.01% |
159,100
-218,800
| -58% | -$13.5M |
|
2425
Howmet Aerospace
HWM
$106B
| $10.6M | ﹤0.01% |
213,216
+2,653
| +1% | +$118K |
|
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.