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
|
+$1.98B |
| 2 |
Meta Platforms (Facebook)
META
|
+$997M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$860M |
| 4 |
Workday
WDAY
|
+$691M |
| 5 |
Amazon
AMZN
|
+$616M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$498M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$420M |
| 3 |
FedEx
FDX
|
+$350M |
| 4 |
Vale
VALE
|
+$340M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.07% |
| 2 | Consumer Discretionary | 1.49% |
| 3 | Financials | 1.12% |
| 4 | Communication Services | 1.1% |
| 5 | Healthcare | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Coinbase
COIN
$49.2B
| $370M | 0.06% |
1,947,600
+348,800
| +22% | +$68.2M |
|
227
Zoom
ZM
$31.5B
| $367M | 0.06% |
3,131,520
+1,956,364
| +166% | +$266M |
|
228
PUT
RH
RH
$2.9B
| $365M | 0.06% |
1,120,000
+259,000
| +30% | +$104M |
|
229
PUT
Starbucks
SBUX
$122B
| $364M | 0.06% |
4,004,400
-1,157,200
| -22% | -$109M |
|
230
PUT
NIO
NIO
$11.6B
| $364M | 0.06% |
17,296,600
-8,259,700
| -32% | -$195M |
|
231
CALL
Intuitive Surgical
ISRG
$134B
| $363M | 0.06% |
1,204,100
-1,082,800
| -47% | -$316M |
|
232
CALL
ASML
ASML
$677B
| $363M | 0.06% |
543,600
+15,300
| +3% | +$10.2M |
|
233
CALL
Zscaler
ZS
$29.4B
| $361M | 0.06% |
1,496,800
-291,500
| -16% | -$71.6M |
|
234
CALL
AMC Entertainment Holdings
AMC
$2.28B
| $361M | 0.06% |
1,465,060
-67,330
| -4% | -$12.5M |
|
235
PUT
Enphase Energy
ENPH
$5.1B
| $361M | 0.06% |
1,787,400
-178,400
| -9% | -$28M |
|
236
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $359M | 0.06% |
2,663,400
-759,000
| -22% | -$104M |
|
237
CALL
CVS Health
CVS
$119B
| $358M | 0.06% |
3,537,200
-2,904,500
| -45% | -$305M |
|
238
Alphabet (Google) Class C
GOOG
$4.18T
| $358M | 0.06% |
2,561,060
+70,020
| +3% | +$9.52M |
|
239
PUT
Lowe's Companies
LOW
$121B
| $357M | 0.06% |
1,765,500
+60,400
| +4% | +$13.9M |
|
240
CALL
Cigna
CI
$73.3B
| $356M | 0.06% |
1,487,200
+32,500
| +2% | +$7.61M |
|
241
CALL
Intuit
INTU
$100B
| $355M | 0.06% |
738,100
-44,600
| -6% | -$22.8M |
|
242
CALL
GE Aerospace
GE
$361B
| $352M | 0.06% |
6,171,743
-25,239,767
| -80% | -$1.51B |
|
243
PUT
General Motors
GM
$77.2B
| $350M | 0.06% |
8,000,700
-3,336,200
| -29% | -$167M |
|
244
CALL
Amgen
AMGN
$238B
| $344M | 0.06% |
1,424,000
-428,900
| -23% | -$98.5M |
|
245
CALL
Baidu
BIDU
$31.6B
| $342M | 0.06% |
2,583,300
-720,400
| -22% | -$109M |
|
246
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $342M | 0.06% |
3,491,600
+2,033,800
| +140% | +$206M |
|
|
247
VanEck Gold Miners ETF
GDX
$31.8B
| $339M | 0.06% |
8,841,702
-12,372,768
| -58% | -$420M |
|
248
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $335M | 0.06% |
3,619,800
+86,400
| +2% | +$7.91M |
|
249
PUT
AutoZone
AZO
$48.3B
| $335M | 0.06% |
163,700
-95,000
| -37% | -$186M |
|
250
Bank of America
BAC
$431B
| $334M | 0.06% |
8,109,466
+4,252,650
| +110% | +$192M |
|
Similar funds
Jeff Yass's Q1 2022 Portfolio in Review
As of Q1 2022, Jeff Yass held 14,706 positions worth $578B, down 13% from $667B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass withdrew a net $42.9B in Q1 2022, closing 1,835 positions and reducing 6,001 holdings. Its most notable exit was Xilinx Inc, an estimated $217M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $107M.
- Jeff Yass's largest Q1 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 1,089,723 shares worth $107M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $1.98B increase.
- Jeff Yass's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $498M.
- Jeff Yass fully exited Xilinx Inc in Q1 2022, selling an estimated $217M.
- Jeff Yass's ten largest holdings make up 34% of its $578B portfolio in Q1 2022.
- Jeff Yass opened 1,657 new positions and closed 1,835 in Q1 2022.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $578B.
Based on Susquehanna International Group's 13F filing for Q1 2022, filed 16 May 2022.