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 | |
|---|---|---|---|---|---|---|
326
CALL
Applied Materials
AMAT
$391B
| $185M | 0.05% |
2,036,500
-465,100
| -19% | -$51M |
|
|
VMW
327
DELISTED
VMware, Inc
VMW
| $185M | 0.05% |
1,625,349
+657,970
| +68% | +$74.7M |
|
328
Salesforce
CRM
$171B
| $185M | 0.05% |
1,120,042
-193,428
| -15% | -$34.2M |
|
|
329
PUT
Warner Bros
WBD
$71.6B
| $184M | 0.05% |
13,716,700
+7,509,500
| +121% | +$139M |
|
330
VanEck Gold Miners ETF
GDX
$32B
| $183M | 0.05% |
6,680,944
-2,160,758
| -24% | -$72.9M |
|
331
CALL
Roku
ROKU
$23.4B
| $182M | 0.05% |
2,221,200
+210,600
| +10% | +$20.4M |
|
332
PUT
Sea Limited
SE
$72B
| $182M | 0.04% |
2,715,800
-1,396,800
| -34% | -$119M |
|
333
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $181M | 0.04% |
950,800
+206,800
| +28% | +$42.5M |
|
334
PUT
Biogen
BIIB
$32B
| $179M | 0.04% |
878,400
+29,400
| +3% | +$6.01M |
|
|
DOCU
335
CALL
DocuSign
DOCU
$11.8B
| $179M | 0.04% |
3,117,800
-490,800
| -14% | -$39.7M |
|
336
Etsy
ETSY
$7.44B
| $178M | 0.04% |
2,438,088
+2,366,153
| +3,289% | +$216M |
|
337
CALL
United Airlines
UAL
$36.7B
| $178M | 0.04% |
5,026,200
-1,031,100
| -17% | -$45.3M |
|
|
PXD
338
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $177M | 0.04% |
795,000
-473,900
| -37% | -$120M |
|
339
PUT
Union Pacific
UNP
$183B
| $176M | 0.04% |
827,300
-293,600
| -26% | -$66.8M |
|
340
Alibaba
BABA
$286B
| $176M | 0.04% |
1,543,821
+664,573
| +76% | +$65.2M |
|
341
PUT
Comcast
CMCSA
$95.3B
| $175M | 0.04% |
4,454,000
+1,479,400
| +50% | +$63.4M |
|
342
PUT
T-Mobile US
TMUS
$196B
| $175M | 0.04% |
1,298,300
-526,500
| -29% | -$68.7M |
|
|
PXD
343
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $174M | 0.04% |
780,200
+118,000
| +18% | +$29.9M |
|
344
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $173M | 0.04% |
5,495,600
-73,100
| -1% | -$2.53M |
|
345
PUT
ARK Innovation ETF
ARKK
$6.59B
| $172M | 0.04% |
4,249,200
-1,703,300
| -29% | -$81.1M |
|
346
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $172M | 0.04% |
6,578,600
+2,784,800
| +73% | +$70.8M |
|
347
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $171M | 0.04% |
2,369,300
+1,105,300
| +87% | +$83M |
|
|
SCHW
348
CALL
Charles Schwab
SCHW
$194B
| $169M | 0.04% |
2,679,100
+1,454,300
| +119% | +$100M |
|
349
PUT
Dollar General
DG
$27.2B
| $169M | 0.04% |
687,100
+169,600
| +33% | +$39.6M |
|
350
PUT
BP
BP
$115B
| $169M | 0.04% |
5,945,000
+1,194,300
| +25% | +$36.6M |
|
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.