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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.98B |
| 2 |
Meta Platforms (Facebook)
META
|
+$997M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$860M |
| 4 |
Workday
WDAY
|
+$691M |
| 5 |
Amazon
AMZN
|
+$616M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$498M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$420M |
| 3 |
FedEx
FDX
|
+$350M |
| 4 |
Vale
VALE
|
+$340M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.07% |
| 2 | Consumer Discretionary | 1.49% |
| 3 | Financials | 1.12% |
| 4 | Communication Services | 1.1% |
| 5 | Healthcare | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
PUT
United Airlines
UAL
$36.7B
| $236M | 0.04% |
5,080,400
-1,771,500
| -26% | -$76.8M |
|
|
XYZ
352
Block Inc
XYZ
$49.4B
| $235M | 0.04% |
1,736,053
+1,134,575
| +189% | +$137M |
|
353
PUT
T-Mobile US
TMUS
$196B
| $234M | 0.04% |
1,824,800
-1,366,600
| -43% | -$163M |
|
354
Visa
V
$693B
| $234M | 0.04% |
1,055,182
-185,738
| -15% | -$40.2M |
|
355
PUT
ConocoPhillips
COP
$162B
| $233M | 0.04% |
2,328,200
+220,700
| +10% | +$20.3M |
|
356
CALL
Kohl's
KSS
$2B
| $233M | 0.04% |
3,847,300
+1,533,300
| +66% | +$86.6M |
|
357
PUT
Caterpillar
CAT
$381B
| $231M | 0.04% |
1,036,400
-823,000
| -44% | -$173M |
|
|
358
CALL
ConocoPhillips
COP
$162B
| $231M | 0.04% |
2,309,100
-708,400
| -23% | -$65.2M |
|
359
PUT
United Parcel Service
UPS
$86.8B
| $230M | 0.04% |
1,073,700
+102,400
| +11% | +$21.8M |
|
360
CALL
Nucor
NUE
$55.3B
| $230M | 0.04% |
1,548,900
-39,100
| -2% | -$4.8M |
|
361
JPMorgan Chase
JPM
$935B
| $230M | 0.04% |
1,684,049
+229,406
| +16% | +$33.9M |
|
362
CALL
Charter Communications
CHTR
$17.9B
| $229M | 0.04% |
419,200
-259,600
| -38% | -$152M |
|
|
X
363
CALL
DELISTED
US Steel
X
| $229M | 0.04% |
6,055,800
+1,769,200
| +41% | +$47.9M |
|
|
364
PUT
Vale
VALE
$62.1B
| $228M | 0.04% |
11,385,100
-21,251,500
| -65% | -$368M |
|
365
CALL
RTX Corp
RTX
$283B
| $226M | 0.04% |
2,284,900
+68,000
| +3% | +$6.44M |
|
|
B
366
PUT
Barrick Mining
B
$78.3B
| $226M | 0.04% |
9,213,600
-8,897,500
| -49% | -$192M |
|
367
Micron Technology
MU
$1.09T
| $226M | 0.04% |
2,899,742
-1,468,583
| -34% | -$125M |
|
368
PUT
Procter & Gamble
PG
$336B
| $225M | 0.04% |
1,470,900
-504,100
| -26% | -$78.9M |
|
369
PUT
Thermo Fisher Scientific
TMO
$233B
| $225M | 0.04% |
380,300
-288,000
| -43% | -$165M |
|
370
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $222M | 0.04% |
11,000,500
-11,291,000
| -51% | -$228M |
|
371
Home Depot
HD
$335B
| $220M | 0.04% |
733,915
+271,690
| +59% | +$94.2M |
|
372
CALL
Rivian
RIVN
$24.6B
| $218M | 0.04% |
4,343,300
+1,067,200
| +33% | +$64.9M |
|
373
CALL
SolarEdge
SEDG
$1.9B
| $218M | 0.04% |
676,800
-23,500
| -3% | -$6.45M |
|
374
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $218M | 0.04% |
1,591,900
-186,200
| -10% | -$24.7M |
|
375
CALL
DexCom
DXCM
$34.8B
| $215M | 0.04% |
1,681,600
-706,000
| -30% | -$77.2M |
|
Similar funds
Jeff Yass's Q1 2022 Portfolio in Review
As of Q1 2022, Jeff Yass held 14,706 positions worth $578B, down 13% from $667B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass withdrew a net $42.9B in Q1 2022, closing 1,835 positions and reducing 6,001 holdings. Its most notable exit was Xilinx Inc, an estimated $217M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $107M.
- Jeff Yass's largest Q1 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 1,089,723 shares worth $107M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $1.98B increase.
- Jeff Yass's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $498M.
- Jeff Yass fully exited Xilinx Inc in Q1 2022, selling an estimated $217M.
- Jeff Yass's ten largest holdings make up 34% of its $578B portfolio in Q1 2022.
- Jeff Yass opened 1,657 new positions and closed 1,835 in Q1 2022.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $578B.
Based on Susquehanna International Group's 13F filing for Q1 2022, filed 16 May 2022.