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 |
Amazon
AMZN
|
+$824M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$459M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
| 4 |
Warner Bros
WBD
|
+$287M |
| 5 |
Tesla
TSLA
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.88B |
| 2 |
AT&T
T
|
+$530M |
| 3 |
Meta Platforms (Facebook)
META
|
+$481M |
| 4 |
Workday
WDAY
|
+$462M |
| 5 |
Apple
AAPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 1.52% |
| 3 | Communication Services | 1.04% |
| 4 | Financials | 1.03% |
| 5 | Healthcare | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Intel
INTC
$476B
| $272M | 0.07% |
7,258,900
-2,324,300
| -24% | -$101M |
|
227
PUT
Cigna
CI
$73.3B
| $271M | 0.07% |
1,028,900
+335,700
| +48% | +$86.5M |
|
228
CALL
Pinduoduo
PDD
$126B
| $271M | 0.07% |
4,383,300
-124,400
| -3% | -$5.83M |
|
229
PUT
Zscaler
ZS
$29.4B
| $270M | 0.07% |
1,809,000
-44,500
| -2% | -$7.87M |
|
|
TWTR
230
CALL
DELISTED
Twitter, Inc.
TWTR
| $266M | 0.07% |
7,115,700
-447,500
| -6% | -$19.2M |
|
231
CALL
JD.com
JD
$39.7B
| $266M | 0.07% |
4,095,800
-1,652,500
| -29% | -$95.3M |
|
232
PUT
Amgen
AMGN
$238B
| $266M | 0.07% |
1,091,700
-264,400
| -19% | -$64.8M |
|
|
233
Warner Bros
WBD
$71.6B
| $265M | 0.07% |
19,755,348
+15,487,650
| +363% | +$287M |
|
234
CALL
NIO
NIO
$11.6B
| $265M | 0.07% |
12,116,800
+1,960,400
| +19% | +$36M |
|
235
CALL
Airbnb
ABNB
$110B
| $263M | 0.07% |
2,954,500
-762,300
| -21% | -$99.2M |
|
236
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $263M | 0.07% |
4,527,800
-205,600
| -4% | -$12.8M |
|
237
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $263M | 0.07% |
444,400
+10,600
| +2% | +$6.89M |
|
238
CALL
General Motors
GM
$77.2B
| $262M | 0.06% |
8,241,600
-4,103,500
| -33% | -$154M |
|
239
PUT
Intuit
INTU
$100B
| $261M | 0.06% |
677,000
+35,500
| +6% | +$14.7M |
|
240
Hilton Worldwide
HLT
$73.5B
| $258M | 0.06% |
2,319,100
-358,517
| -13% | -$49.6M |
|
241
Wells Fargo
WFC
$254B
| $258M | 0.06% |
6,579,973
-1,633,439
| -20% | -$71.7M |
|
242
PUT
GE Aerospace
GE
$361B
| $257M | 0.06% |
6,489,873
-1,822,743
| -22% | -$88.3M |
|
243
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $253M | 0.06% |
1,973,500
+381,600
| +24% | +$50M |
|
244
CALL
Morgan Stanley
MS
$336B
| $253M | 0.06% |
3,320,800
-1,891,900
| -36% | -$155M |
|
245
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $252M | 0.06% |
9,213,800
-2,213,900
| -19% | -$74.7M |
|
246
PUT
Bristol-Myers Squibb
BMY
$137B
| $250M | 0.06% |
3,241,100
+543,400
| +20% | +$41.4M |
|
247
Adobe
ADBE
$109B
| $249M | 0.06% |
679,575
-584,407
| -46% | -$238M |
|
248
Qualcomm
QCOM
$169B
| $247M | 0.06% |
1,933,233
-1,140,869
| -37% | -$155M |
|
249
CALL
Blackstone
BX
$108B
| $243M | 0.06% |
2,662,500
+63,600
| +2% | +$6.87M |
|
250
CALL
Sea Limited
SE
$72B
| $242M | 0.06% |
3,621,700
-509,200
| -12% | -$43.4M |
|
Similar funds
Jeff Yass's Q2 2022 Portfolio in Review
As of Q2 2022, Jeff Yass held 14,668 positions worth $404B, down 30% from $578B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass withdrew a net $42.7B in Q2 2022, closing 1,896 positions and reducing 5,772 holdings. Its most notable exit was Discovery, Inc. Series C Common Stock, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jeff Yass opened a new position in iShares US Treasury Bond ETF worth $36.9M.
- Jeff Yass's largest Q2 2022 buy was iShares US Treasury Bond ETF: 1,544,259 shares worth $36.9M.
- Jeff Yass added most to Amazon in Q2 2022, an estimated $824M increase.
- Jeff Yass's biggest Q2 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.88B.
- Jeff Yass fully exited Discovery, Inc. Series C Common Stock in Q2 2022, selling an estimated $176M.
- Jeff Yass's ten largest holdings make up 32% of its $404B portfolio in Q2 2022.
- Jeff Yass opened 1,801 new positions and closed 1,896 in Q2 2022.
- Jeff Yass's portfolio value fell 30% quarter-over-quarter to $404B.
Based on Susquehanna International Group's 13F filing for Q2 2022, filed 15 Aug 2022.