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 | |
|---|---|---|---|---|---|---|
|
ATVI
326
CALL
DELISTED
Activision Blizzard
ATVI
| $206M | 0.05% |
2,685,300
-233,200
| -8% | -$17.3M |
|
327
PUT
Coinbase
COIN
$49.2B
| $206M | 0.05% |
5,808,400
+2,064,100
| +55% | +$109M |
|
328
Broadcom
AVGO
$1.75T
| $203M | 0.05% |
3,634,740
+1,340,380
| +58% | +$67.2M |
|
329
PUT
Valero Energy
VLO
$100B
| $201M | 0.05% |
1,583,100
+117,500
| +8% | +$14.7M |
|
330
TSMC
TSM
$2.17T
| $200M | 0.05% |
2,682,642
+843,657
| +46% | +$61M |
|
331
CALL
Medtronic
MDT
$119B
| $198M | 0.05% |
2,547,200
+277,800
| +12% | +$22.5M |
|
332
CALL
Las Vegas Sands
LVS
$30.5B
| $198M | 0.05% |
4,115,200
+134,800
| +3% | +$5.72M |
|
333
CALL
Applied Materials
AMAT
$391B
| $198M | 0.05% |
2,029,500
+243,400
| +14% | +$23.4M |
|
334
CALL
Pinterest
PINS
$13.3B
| $195M | 0.05% |
8,049,100
+1,976,100
| +33% | +$47.1M |
|
335
PUT
Amgen
AMGN
$238B
| $195M | 0.05% |
742,800
-217,300
| -23% | -$58.2M |
|
336
PUT
NextEra Energy
NEE
$174B
| $195M | 0.05% |
2,329,100
+858,100
| +58% | +$69.3M |
|
|
337
CALL
Valero Energy
VLO
$100B
| $192M | 0.05% |
1,510,900
-466,300
| -24% | -$58.5M |
|
338
CALL
Shell
SHEL
$257B
| $191M | 0.05% |
3,356,900
+1,277,400
| +61% | +$70.4M |
|
339
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $191M | 0.05% |
3,254,100
+172,900
| +6% | +$10.6M |
|
|
VMW
340
DELISTED
VMware, Inc
VMW
| $190M | 0.05% |
1,544,765
-12,392
| -0.8% | -$1.43M |
|
341
ExxonMobil
XOM
$679B
| $190M | 0.05% |
1,719,086
+517,095
| +43% | +$55.4M |
|
342
PUT
iShares Semiconductor ETF
SOXX
$41.3B
| $189M | 0.05% |
1,625,400
-838,800
| -34% | -$97.4M |
|
343
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $188M | 0.05% |
21,708,800
+10,375,600
| +92% | +$105M |
|
344
PUT
GameStop
GME
$8.17B
| $188M | 0.05% |
10,165,000
-649,000
| -6% | -$15.9M |
|
|
ATVI
345
PUT
DELISTED
Activision Blizzard
ATVI
| $188M | 0.05% |
2,451,200
-808,700
| -25% | -$60.1M |
|
346
CALL
Dollar General
DG
$27.2B
| $186M | 0.05% |
756,900
+208,800
| +38% | +$51.6M |
|
347
PUT
Vale
VALE
$62.1B
| $186M | 0.05% |
10,970,800
-4,453,500
| -29% | -$66.9M |
|
348
CALL
FedEx
FDX
$76.9B
| $186M | 0.05% |
1,074,700
-314,300
| -23% | -$52.2M |
|
349
CALL
Ford
F
$57.5B
| $186M | 0.05% |
15,996,100
-3,422,200
| -18% | -$44M |
|
350
PUT
Cisco
CSCO
$438B
| $185M | 0.05% |
3,884,800
-349,000
| -8% | -$15.9M |
|
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.