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 | |
|---|---|---|---|---|---|---|
251
CALL
Baidu
BIDU
$31.6B
| $239M | 0.06% |
1,607,500
-975,800
| -38% | -$129M |
|
252
CALL
Deere & Co
DE
$175B
| $239M | 0.06% |
797,800
+49,700
| +7% | +$18.3M |
|
253
PUT
Starbucks
SBUX
$122B
| $238M | 0.06% |
3,110,200
-894,200
| -22% | -$68.7M |
|
254
PUT
ASML
ASML
$677B
| $237M | 0.06% |
498,200
-189,700
| -28% | -$106M |
|
255
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $236M | 0.06% |
7,500,989
+285,720
| +4% | +$9.87M |
|
256
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $235M | 0.06% |
19,623,400
-1,947,800
| -9% | -$34.6M |
|
257
PUT
Ulta Beauty
ULTA
$22.4B
| $234M | 0.06% |
607,800
+173,300
| +40% | +$68.9M |
|
258
PUT
Caterpillar
CAT
$381B
| $233M | 0.06% |
1,303,100
+266,700
| +26% | +$56.2M |
|
259
PUT
Uber
UBER
$161B
| $233M | 0.06% |
11,373,500
-2,279,000
| -17% | -$60.5M |
|
260
Berkshire Hathaway Class B
BRK.B
$1.06T
| $233M | 0.06% |
851,995
+95,780
| +13% | +$30M |
|
261
CALL
BP
BP
$115B
| $231M | 0.06% |
8,145,300
+2,544,300
| +45% | +$78M |
|
262
PUT
Humana
HUM
$45.5B
| $231M | 0.06% |
492,500
-52,700
| -10% | -$23.4M |
|
263
American Express
AXP
$227B
| $230M | 0.06% |
1,662,128
+1,320,689
| +387% | +$218M |
|
264
CALL
Devon Energy
DVN
$54B
| $230M | 0.06% |
4,172,000
+41,300
| +1% | +$2.7M |
|
265
PUT
Coinbase
COIN
$49.2B
| $230M | 0.06% |
4,886,400
+2,938,800
| +151% | +$280M |
|
266
iShares MSCI EAFE ETF
EFA
$80B
| $230M | 0.06% |
3,675,642
+355,641
| +11% | +$24.2M |
|
|
267
CALL
ASML
ASML
$677B
| $229M | 0.06% |
481,100
-62,500
| -11% | -$34.9M |
|
268
CALL
Accenture
ACN
$113B
| $229M | 0.06% |
823,400
+215,000
| +35% | +$64.6M |
|
269
PUT
Roku
ROKU
$23.4B
| $228M | 0.06% |
2,778,300
-449,400
| -14% | -$43.5M |
|
270
CALL
CVS Health
CVS
$119B
| $228M | 0.06% |
2,459,500
-1,077,700
| -30% | -$105M |
|
271
CALL
Cisco
CSCO
$438B
| $228M | 0.06% |
5,340,400
+67,200
| +1% | +$3.22M |
|
272
CALL
Valero Energy
VLO
$100B
| $227M | 0.06% |
2,139,900
+349,400
| +20% | +$41.4M |
|
273
CALL
Intuitive Surgical
ISRG
$134B
| $227M | 0.06% |
1,132,500
-71,600
| -6% | -$16.8M |
|
274
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $227M | 0.06% |
384,500
+84,700
| +28% | +$55.1M |
|
275
CALL
Air Products & Chemicals
APD
$67.9B
| $227M | 0.06% |
944,800
+639,600
| +210% | +$156M |
|
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.