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 | |
|---|---|---|---|---|---|---|
426
CALL
Royal Caribbean
RCL
$78.1B
| $182M | 0.03% |
2,167,900
-528,500
| -20% | -$41.6M |
|
427
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $181M | 0.03% |
4,105,600
+1,504,000
| +58% | +$64.1M |
|
428
CALL
Pinduoduo
PDD
$126B
| $181M | 0.03% |
4,507,700
+907,500
| +25% | +$46.6M |
|
429
PUT
Northrop Grumman
NOC
$78.3B
| $179M | 0.03% |
400,500
-4,900
| -1% | -$2.02M |
|
430
PUT
Biogen
BIIB
$32B
| $179M | 0.03% |
849,000
-466,300
| -35% | -$101M |
|
431
PUT
EOG Resources
EOG
$80.3B
| $178M | 0.03% |
1,496,700
+88,800
| +6% | +$9.89M |
|
432
Goldman Sachs
GS
$303B
| $178M | 0.03% |
540,436
+146,158
| +37% | +$51.6M |
|
433
CALL
Match Group
MTCH
$9.38B
| $178M | 0.03% |
1,640,100
-121,900
| -7% | -$13.5M |
|
434
PUT
Petrobras
PBR
$123B
| $178M | 0.03% |
12,040,600
-2,709,000
| -18% | -$36.3M |
|
435
United Airlines
UAL
$36.7B
| $178M | 0.03% |
3,839,469
+2,049,977
| +115% | +$88.9M |
|
436
PUT
Danaher
DHR
$154B
| $178M | 0.03% |
683,230
-105,016
| -13% | -$26.3M |
|
437
Cleveland-Cliffs
CLF
$6.43B
| $177M | 0.03% |
5,502,134
+1,821,921
| +50% | +$41.5M |
|
|
DISCK
438
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $176M | 0.03% |
7,064,022
-64,566
| -0.9% | -$1.75M |
|
439
CALL
Analog Devices
ADI
$182B
| $176M | 0.03% |
1,065,900
-459,100
| -30% | -$74.4M |
|
440
CALL
Peloton Interactive
PTON
$2.37B
| $175M | 0.03% |
6,620,600
-1,849,800
| -22% | -$53M |
|
441
CALL
Energy Transfer Partners
ET
$73B
| $174M | 0.03% |
15,523,300
+6,364,700
| +69% | +$63.1M |
|
442
PUT
Novavax
NVAX
$1.47B
| $173M | 0.03% |
2,352,100
-944,500
| -29% | -$84.2M |
|
443
PUT
Ulta Beauty
ULTA
$22.4B
| $173M | 0.03% |
434,500
-398,500
| -48% | -$150M |
|
444
Mastercard
MA
$509B
| $172M | 0.03% |
481,794
-189,155
| -28% | -$68M |
|
445
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $172M | 0.03% |
744,000
-167,600
| -18% | -$37.7M |
|
446
PUT
Atlassian
TEAM
$43.5B
| $172M | 0.03% |
584,500
-279,100
| -32% | -$83.4M |
|
447
Prologis
PLD
$135B
| $172M | 0.03% |
1,063,165
+889,197
| +511% | +$136M |
|
448
UnitedHealth
UNH
$350B
| $172M | 0.03% |
336,566
-217,774
| -39% | -$105M |
|
449
PUT
S&P Global
SPGI
$127B
| $171M | 0.03% |
418,000
+211,300
| +102% | +$86.1M |
|
|
450
PUT
Pinduoduo
PDD
$126B
| $171M | 0.03% |
4,266,700
+1,790,700
| +72% | +$92M |
|
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.