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 |
Tesla
TSLA
|
+$2.17B |
| 2 |
Microsoft
MSFT
|
+$619M |
| 3 |
Apple
AAPL
|
+$377M |
| 4 |
Booking.com
BKNG
|
+$319M |
| 5 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$270M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.48B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$896M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$599M |
| 4 |
Citigroup
C
|
+$467M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$430M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.55% |
| 3 | Financials | 1.15% |
| 4 | Healthcare | 0.97% |
| 5 | Communication Services | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
United States Oil Fund
USO
$2.24B
| $299M | 0.08% |
4,271,500
-2,530,500
| -37% | -$177M |
|
|
PXD
227
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $298M | 0.08% |
1,305,700
+225,100
| +21% | +$54.8M |
|
228
CALL
Bristol-Myers Squibb
BMY
$137B
| $297M | 0.08% |
4,132,100
-256,300
| -6% | -$19.3M |
|
229
VanEck Gold Miners ETF
GDX
$31.8B
| $297M | 0.08% |
10,350,262
-1,257,863
| -11% | -$33.6M |
|
230
CALL
General Motors
GM
$77.2B
| $296M | 0.08% |
8,810,800
-236,400
| -3% | -$8.74M |
|
231
PUT
FedEx
FDX
$76.9B
| $296M | 0.07% |
1,710,100
-647,600
| -27% | -$108M |
|
232
PUT
Lowe's Companies
LOW
$121B
| $296M | 0.07% |
1,485,800
-144,800
| -9% | -$28.9M |
|
233
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $294M | 0.07% |
2,788,498
-1,874,026
| -40% | -$196M |
|
234
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $292M | 0.07% |
831,600
-628,300
| -43% | -$222M |
|
235
PUT
Starbucks
SBUX
$122B
| $292M | 0.07% |
2,944,800
-1,281,300
| -30% | -$121M |
|
236
CALL
Humana
HUM
$45.5B
| $290M | 0.07% |
566,800
+132,500
| +31% | +$69.6M |
|
237
CALL
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $284M | 0.07% |
9,399,800
-3,218,400
| -26% | -$82.1M |
|
238
PUT
lululemon athletica
LULU
$13.7B
| $284M | 0.07% |
885,900
+224,400
| +34% | +$73.8M |
|
239
Advanced Micro Devices
AMD
$773B
| $284M | 0.07% |
4,381,999
-5,306,691
| -55% | -$350M |
|
240
PUT
T-Mobile US
TMUS
$196B
| $283M | 0.07% |
2,020,600
+503,300
| +33% | +$72.3M |
|
241
CALL
NextEra Energy
NEE
$174B
| $282M | 0.07% |
3,370,400
+1,264,000
| +60% | +$102M |
|
242
PUT
Intuit
INTU
$100B
| $281M | 0.07% |
721,900
+51,600
| +8% | +$20.5M |
|
243
PUT
Oracle
ORCL
$422B
| $280M | 0.07% |
3,422,100
+1,241,900
| +57% | +$94.4M |
|
244
PUT
Target
TGT
$75.1B
| $279M | 0.07% |
1,869,100
+1,500
| +0.1% | +$235K |
|
245
CALL
ServiceNow
NOW
$133B
| $277M | 0.07% |
3,571,500
+1,389,500
| +64% | +$109M |
|
246
CALL
Diamondback Energy
FANG
$59B
| $277M | 0.07% |
2,025,900
-716,600
| -26% | -$105M |
|
247
PUT
Freeport-McMoran
FCX
$110B
| $276M | 0.07% |
7,258,700
-2,780,400
| -28% | -$97.2M |
|
|
248
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $273M | 0.07% |
9,456,300
-166,000
| -2% | -$4.44M |
|
249
CALL
Blackstone
BX
$108B
| $272M | 0.07% |
3,666,000
+901,200
| +33% | +$77.8M |
|
250
CALL
Gilead Sciences
GILD
$181B
| $272M | 0.07% |
3,164,400
+1,211,600
| +62% | +$95.9M |
|
Similar funds
Jeff Yass's Q4 2022 Portfolio in Review
As of Q4 2022, Jeff Yass held 14,748 positions worth $395B, up 2.2% from $387B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q4 2022 filing shows 1,670 new, 4,598 increased, 5,766 reduced and 2,485 closed positions. Its largest new stake was Vanguard FTSE All-World ex-US ETF: 2,560,357 shares worth $128M. The largest sale was Amazon, an estimated $1.48B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.9% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q4 2022 buy was Vanguard FTSE All-World ex-US ETF: 2,560,357 shares worth $128M.
- Jeff Yass added most to Tesla in Q4 2022, an estimated $2.17B increase.
- Jeff Yass's biggest Q4 2022 reduction was Amazon, cutting an estimated $1.48B.
- Jeff Yass fully exited Twitter, Inc. in Q4 2022, selling an estimated $76M.
- Jeff Yass's ten largest holdings make up 27% of its $395B portfolio in Q4 2022.
- Jeff Yass opened 1,670 new positions and closed 2,485 in Q4 2022.
- Jeff Yass's portfolio value rose 2.2% quarter-over-quarter to $395B.
Based on Susquehanna International Group's 13F filing for Q4 2022, filed 14 Feb 2023.