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 | |
|---|---|---|---|---|---|---|
251
CALL
Zoom
ZM
$31.5B
| $271M | 0.07% |
4,001,200
-893,600
| -18% | -$67.9M |
|
252
CALL
American Express
AXP
$227B
| $268M | 0.07% |
1,815,400
+328,800
| +22% | +$48.7M |
|
253
PUT
Verizon
VZ
$205B
| $268M | 0.07% |
6,793,100
+753,900
| +12% | +$28.4M |
|
254
PUT
AT&T
T
$173B
| $263M | 0.07% |
14,288,600
-9,300,300
| -39% | -$166M |
|
255
Shopify
SHOP
$192B
| $262M | 0.07% |
7,558,419
+1,176,680
| +18% | +$40.2M |
|
256
Costco
COST
$420B
| $260M | 0.07% |
569,513
+476,771
| +514% | +$233M |
|
257
CALL
Blackrock
BLK
$179B
| $260M | 0.07% |
366,800
+39,000
| +12% | +$26M |
|
258
CALL
Freeport-McMoran
FCX
$110B
| $259M | 0.07% |
6,812,100
-56,100
| -0.8% | -$1.96M |
|
|
259
CALL
Verizon
VZ
$205B
| $258M | 0.07% |
6,535,700
-526,000
| -7% | -$19.8M |
|
260
PUT
ProShares UltraPro Short QQQ
SQQQ
$2.07B
| $257M | 0.07% |
190,616
+136,152
| +250% | +$176M |
|
261
PUT
GE Aerospace
GE
$361B
| $257M | 0.06% |
4,918,165
-2,178,112
| -31% | -$107M |
|
262
PUT
Etsy
ETSY
$7.44B
| $257M | 0.06% |
2,142,700
+351,700
| +20% | +$40.2M |
|
263
CALL
JD.com
JD
$39.7B
| $255M | 0.06% |
4,474,400
+1,739,500
| +64% | +$87.5M |
|
264
CALL
CVS Health
CVS
$119B
| $255M | 0.06% |
2,733,300
+164,500
| +6% | +$15.9M |
|
265
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $254M | 0.06% |
834,600
+43,000
| +5% | +$12.3M |
|
266
CALL
Vale
VALE
$62.1B
| $252M | 0.06% |
14,861,800
-1,006,600
| -6% | -$15.1M |
|
267
CALL
iShares Semiconductor ETF
SOXX
$41.3B
| $252M | 0.06% |
2,171,700
+1,283,100
| +144% | +$149M |
|
268
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $251M | 0.06% |
4,040,000
-2,662,600
| -40% | -$169M |
|
269
PUT
ServiceNow
NOW
$133B
| $251M | 0.06% |
3,235,000
-120,000
| -4% | -$9.38M |
|
270
PUT
Diamondback Energy
FANG
$59B
| $251M | 0.06% |
1,833,400
+1,082,400
| +144% | +$158M |
|
271
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $251M | 0.06% |
6,610,845
-2,686,445
| -29% | -$99.1M |
|
272
CALL
Uber
UBER
$161B
| $250M | 0.06% |
10,112,800
-2,363,000
| -19% | -$64.7M |
|
273
CALL
RTX Corp
RTX
$283B
| $249M | 0.06% |
2,472,200
-263,800
| -10% | -$24.8M |
|
|
274
CALL
Etsy
ETSY
$7.44B
| $249M | 0.06% |
2,082,100
+766,700
| +58% | +$87.7M |
|
275
PUT
Intel
INTC
$476B
| $248M | 0.06% |
9,391,400
+2,232,600
| +31% | +$62M |
|
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.