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 | |
|---|---|---|---|---|---|---|
451
PepsiCo
PEP
$196B
| $132M | 0.03% |
733,006
+373,801
| +104% | +$66.7M |
|
|
HES
452
CALL
DELISTED
Hess
HES
| $132M | 0.03% |
932,700
+71,500
| +8% | +$9.82M |
|
|
B
453
CALL
Barrick Mining
B
$78.3B
| $132M | 0.03% |
7,690,700
+3,256,200
| +73% | +$51.8M |
|
454
PUT
Energy Transfer Partners
ET
$73B
| $131M | 0.03% |
11,006,000
-682,900
| -6% | -$8.19M |
|
|
X
455
CALL
DELISTED
US Steel
X
| $131M | 0.03% |
5,212,000
+1,737,100
| +50% | +$40.1M |
|
456
CALL
S&P Global
SPGI
$127B
| $130M | 0.03% |
389,000
+87,600
| +29% | +$28.9M |
|
457
Visa
V
$693B
| $129M | 0.03% |
619,801
+402,985
| +186% | +$81.3M |
|
458
PUT
Elevance Health
ELV
$86.9B
| $128M | 0.03% |
250,300
-71,900
| -22% | -$36.5M |
|
459
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $128M | 0.03% |
+2,560,357
| New | +$124M |
|
460
PUT
Analog Devices
ADI
$182B
| $128M | 0.03% |
781,800
-62,900
| -7% | -$9.82M |
|
461
Salesforce
CRM
$171B
| $128M | 0.03% |
966,732
+93,988
| +11% | +$13.7M |
|
462
CALL
Best Buy
BBY
$18.1B
| $128M | 0.03% |
1,589,800
+351,100
| +28% | +$25.8M |
|
463
Cisco
CSCO
$438B
| $128M | 0.03% |
2,676,544
+1,923,410
| +255% | +$87.5M |
|
464
PUT
Marathon Petroleum
MPC
$101B
| $127M | 0.03% |
1,090,600
+308,200
| +39% | +$35.1M |
|
465
CALL
EQT Corp
EQT
$33.6B
| $127M | 0.03% |
3,747,600
+328,800
| +10% | +$13.2M |
|
466
Mastercard
MA
$509B
| $127M | 0.03% |
364,593
+245,551
| +206% | +$80.8M |
|
|
467
Energy Transfer Partners
ET
$73B
| $126M | 0.03% |
10,625,972
-2,086,152
| -16% | -$25M |
|
468
Freeport-McMoran
FCX
$110B
| $126M | 0.03% |
3,316,162
-1,920,743
| -37% | -$67.1M |
|
469
PUT
United Rentals
URI
$68.4B
| $125M | 0.03% |
352,300
-28,200
| -7% | -$9.27M |
|
470
CALL
Kraft Heinz
KHC
$30.3B
| $124M | 0.03% |
3,053,800
+1,439,100
| +89% | +$54.6M |
|
471
PUT
Cheniere Energy
LNG
$57.3B
| $124M | 0.03% |
825,000
-39,200
| -5% | -$6.56M |
|
472
Verizon
VZ
$205B
| $124M | 0.03% |
3,134,751
+1,157,156
| +59% | +$43.6M |
|
473
PUT
Pinterest
PINS
$13.3B
| $123M | 0.03% |
5,073,800
+1,157,500
| +30% | +$27.6M |
|
474
CALL
GameStop
GME
$8.17B
| $123M | 0.03% |
6,670,100
-637,100
| -9% | -$15.6M |
|
475
CALL
Generac Holdings
GNRC
$12.2B
| $123M | 0.03% |
1,223,200
+406,300
| +50% | +$46M |
|
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.