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 | |
|---|---|---|---|---|---|---|
276
PUT
Dollar Tree
DLTR
$25.3B
| $247M | 0.06% |
1,745,900
+808,900
| +86% | +$120M |
|
277
CALL
3M
MMM
$92.3B
| $246M | 0.06% |
2,452,398
+762,211
| +45% | +$77.7M |
|
278
PUT
Charter Communications
CHTR
$17.9B
| $244M | 0.06% |
719,100
+450,800
| +168% | +$158M |
|
279
PUT
Devon Energy
DVN
$54B
| $243M | 0.06% |
3,955,300
+796,200
| +25% | +$54.3M |
|
280
CALL
Altria Group
MO
$110B
| $242M | 0.06% |
5,303,200
+97,400
| +2% | +$4.41M |
|
281
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $241M | 0.06% |
2,458,100
+1,427,200
| +138% | +$136M |
|
282
CALL
Analog Devices
ADI
$182B
| $241M | 0.06% |
1,470,800
+171,700
| +13% | +$26.8M |
|
283
CALL
GE Aerospace
GE
$361B
| $240M | 0.06% |
4,601,320
+1,064,658
| +30% | +$52.3M |
|
284
CALL
Union Pacific
UNP
$183B
| $238M | 0.06% |
1,149,800
-32,700
| -3% | -$6.71M |
|
285
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $238M | 0.06% |
6,961,553
-9,541,106
| -58% | -$323M |
|
286
PUT
Uber
UBER
$161B
| $238M | 0.06% |
9,624,600
-1,077,700
| -10% | -$29.5M |
|
287
CALL
AutoZone
AZO
$48.3B
| $236M | 0.06% |
95,800
-5,400
| -5% | -$13.1M |
|
288
CALL
Abbott
ABT
$202B
| $235M | 0.06% |
2,141,300
+122,000
| +6% | +$12.6M |
|
289
CALL
Honeywell
HON
$68.4B
| $235M | 0.06% |
1,161,901
+505,885
| +77% | +$96.6M |
|
290
Qualcomm
QCOM
$169B
| $233M | 0.06% |
2,122,924
-1,354,387
| -39% | -$158M |
|
291
PUT
Bristol-Myers Squibb
BMY
$137B
| $233M | 0.06% |
3,236,000
+77,500
| +2% | +$5.84M |
|
292
CALL
Deere & Co
DE
$175B
| $233M | 0.06% |
542,400
-86,100
| -14% | -$35M |
|
293
PUT
BP
BP
$115B
| $231M | 0.06% |
6,607,800
+873,700
| +15% | +$29.1M |
|
294
PUT
ConocoPhillips
COP
$162B
| $229M | 0.06% |
1,936,600
+80,200
| +4% | +$9.75M |
|
295
CALL
SLB Ltd
SLB
$79.9B
| $228M | 0.06% |
4,265,500
+1,941,400
| +84% | +$96.7M |
|
296
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $227M | 0.06% |
6,434,800
-1,599,800
| -20% | -$54.4M |
|
297
CALL
EOG Resources
EOG
$80.3B
| $226M | 0.06% |
1,743,700
-739,200
| -30% | -$98.3M |
|
298
CALL
Baidu
BIDU
$31.6B
| $226M | 0.06% |
1,960,400
+855,300
| +77% | +$87.3M |
|
299
PUT
Zoom
ZM
$31.5B
| $226M | 0.06% |
3,329,200
-251,500
| -7% | -$19.1M |
|
300
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $223M | 0.06% |
1,164,700
+314,400
| +37% | +$60.6M |
|
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.