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 | |
|---|---|---|---|---|---|---|
351
Johnson & Johnson
JNJ
$651B
| $185M | 0.05% |
1,045,087
+867,631
| +489% | +$150M |
|
352
CALL
Delta Air Lines
DAL
$54.2B
| $184M | 0.05% |
5,597,700
+1,198,700
| +27% | +$39.7M |
|
353
Chevron
CVX
$403B
| $182M | 0.05% |
1,011,321
-422,867
| -29% | -$73.8M |
|
|
DOCU
354
PUT
DocuSign
DOCU
$11.8B
| $181M | 0.05% |
3,273,000
+486,800
| +17% | +$23.7M |
|
355
PUT
DoorDash
DASH
$96.8B
| $181M | 0.05% |
3,709,000
-176,800
| -5% | -$9.18M |
|
356
CALL
CrowdStrike
CRWD
$195B
| $180M | 0.05% |
6,838,000
+2,941,600
| +75% | +$101M |
|
357
PUT
Workday
WDAY
$49.4B
| $179M | 0.05% |
1,070,600
-219,900
| -17% | -$34.3M |
|
358
PUT
KLA
KLAC
$240B
| $179M | 0.05% |
4,738,000
+1,839,000
| +63% | +$64.1M |
|
359
PUT
Baidu
BIDU
$31.6B
| $178M | 0.05% |
1,549,700
+577,300
| +59% | +$58.9M |
|
360
PUT
United Parcel Service
UPS
$86.8B
| $178M | 0.05% |
1,025,000
-287,500
| -22% | -$49.8M |
|
361
Home Depot
HD
$335B
| $177M | 0.04% |
559,084
+303,605
| +119% | +$92.5M |
|
|
362
CALL
KLA
KLAC
$240B
| $176M | 0.04% |
4,671,000
+1,946,000
| +71% | +$67.8M |
|
363
PUT
Dollar General
DG
$27.2B
| $176M | 0.04% |
713,700
+213,000
| +43% | +$52.7M |
|
364
CALL
Zscaler
ZS
$29.4B
| $176M | 0.04% |
1,568,500
-63,900
| -4% | -$8.68M |
|
365
CALL
Simon Property Group
SPG
$70.6B
| $175M | 0.04% |
1,493,300
+481,000
| +48% | +$53.5M |
|
|
DOCU
366
CALL
DocuSign
DOCU
$11.8B
| $175M | 0.04% |
3,163,000
+674,400
| +27% | +$32.8M |
|
367
AT&T
T
$173B
| $173M | 0.04% |
9,414,380
-1,777,489
| -16% | -$31.8M |
|
368
PUT
Intuitive Surgical
ISRG
$134B
| $173M | 0.04% |
652,100
-109,300
| -14% | -$26.7M |
|
369
CALL
Marriott International
MAR
$92.9B
| $172M | 0.04% |
1,157,300
+77,300
| +7% | +$11.9M |
|
370
PUT
Union Pacific
UNP
$183B
| $172M | 0.04% |
831,700
-331,100
| -28% | -$67.9M |
|
371
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $171M | 0.04% |
1,722,155
-2,935,106
| -63% | -$296M |
|
372
PUT
Comcast
CMCSA
$95.3B
| $171M | 0.04% |
4,885,200
-2,367,300
| -33% | -$78.3M |
|
373
CALL
Accenture
ACN
$113B
| $171M | 0.04% |
639,700
+241,800
| +61% | +$66.9M |
|
374
CALL
ARK Innovation ETF
ARKK
$6.72B
| $169M | 0.04% |
5,416,900
-956,700
| -15% | -$34.2M |
|
375
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $168M | 0.04% |
2,038,200
+1,599,400
| +364% | +$133M |
|
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.