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 |
Amazon
AMZN
|
+$824M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$459M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
| 4 |
Warner Bros
WBD
|
+$287M |
| 5 |
Tesla
TSLA
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.88B |
| 2 |
AT&T
T
|
+$530M |
| 3 |
Meta Platforms (Facebook)
META
|
+$481M |
| 4 |
Workday
WDAY
|
+$462M |
| 5 |
Apple
AAPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 1.52% |
| 3 | Communication Services | 1.04% |
| 4 | Financials | 1.03% |
| 5 | Healthcare | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CALL
NVIDIA
NVDA
$5.2T
| $1.74B | 0.43% |
114,963,000
-23,096,000
| -17% | -$436M |
|
|
27
Invesco QQQ Trust
QQQ
$486B
| $1.73B | 0.43% |
6,177,672
+1,478,603
| +31% | +$459M |
|
28
CALL
Alibaba
BABA
$286B
| $1.66B | 0.41% |
14,630,600
-3,548,500
| -20% | -$348M |
|
29
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.65B | 0.41% |
5,371,900
+703,100
| +15% | +$230M |
|
|
30
Amazon
AMZN
$2.79T
| $1.62B | 0.4% |
15,225,281
+6,586,721
| +76% | +$824M |
|
31
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.53B | 0.38% |
5,599,900
-911,800
| -14% | -$286M |
|
32
PUT
Citigroup
C
$221B
| $1.37B | 0.34% |
29,833,700
-8,920,300
| -23% | -$446M |
|
33
PUT
Advanced Micro Devices
AMD
$773B
| $1.37B | 0.34% |
17,924,000
-1,537,400
| -8% | -$144M |
|
|
34
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.29B | 0.32% |
7,969,500
-4,697,800
| -37% | -$906M |
|
|
35
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.19B | 0.3% |
10,945,280
+2,558,740
| +31% | +$301M |
|
36
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.18B | 0.29% |
10,235,300
+3,749,700
| +58% | +$442M |
|
37
PUT
Booking.com
BKNG
$158B
| $1.16B | 0.29% |
16,597,500
-6,762,500
| -29% | -$577M |
|
|
38
Tesla
TSLA
$1.43T
| $1.16B | 0.29% |
5,163,531
+842,478
| +19% | +$230M |
|
39
PUT
Costco
COST
$420B
| $1.13B | 0.28% |
2,353,000
-144,400
| -6% | -$73.3M |
|
40
CALL
SPDR Gold Trust
GLD
$152B
| $1.04B | 0.26% |
6,168,700
-1,872,300
| -23% | -$327M |
|
41
PUT
Palo Alto Networks
PANW
$292B
| $1B | 0.25% |
12,206,400
+1,974,600
| +19% | +$175M |
|
42
CALL
ExxonMobil
XOM
$679B
| $1B | 0.25% |
11,687,600
+2,322,700
| +25% | +$210M |
|
|
43
PUT
Alibaba
BABA
$286B
| $997M | 0.25% |
8,772,500
-2,818,400
| -24% | -$276M |
|
|
44
CALL
Advanced Micro Devices
AMD
$773B
| $972M | 0.24% |
12,710,700
-4,948,000
| -28% | -$463M |
|
45
CALL
Boeing
BA
$169B
| $959M | 0.24% |
7,012,600
-483,500
| -6% | -$71.3M |
|
46
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $925M | 0.23% |
9,083,400
+3,438,000
| +61% | +$399M |
|
47
CALL
JPMorgan Chase
JPM
$935B
| $883M | 0.22% |
7,841,500
+495,000
| +7% | +$61.3M |
|
|
48
PUT
JPMorgan Chase
JPM
$935B
| $879M | 0.22% |
7,806,200
+736,100
| +10% | +$91.2M |
|
|
49
PUT
Boeing
BA
$169B
| $864M | 0.21% |
6,322,000
-170,000
| -3% | -$25.1M |
|
50
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $855M | 0.21% |
13,690,100
+394,900
| +3% | +$26.9M |
|
Similar funds
Jeff Yass's Q2 2022 Portfolio in Review
As of Q2 2022, Jeff Yass held 14,668 positions worth $404B, down 30% from $578B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass withdrew a net $42.7B in Q2 2022, closing 1,896 positions and reducing 5,772 holdings. Its most notable exit was Discovery, Inc. Series C Common Stock, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jeff Yass opened a new position in iShares US Treasury Bond ETF worth $36.9M.
- Jeff Yass's largest Q2 2022 buy was iShares US Treasury Bond ETF: 1,544,259 shares worth $36.9M.
- Jeff Yass added most to Amazon in Q2 2022, an estimated $824M increase.
- Jeff Yass's biggest Q2 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.88B.
- Jeff Yass fully exited Discovery, Inc. Series C Common Stock in Q2 2022, selling an estimated $176M.
- Jeff Yass's ten largest holdings make up 32% of its $404B portfolio in Q2 2022.
- Jeff Yass opened 1,801 new positions and closed 1,896 in Q2 2022.
- Jeff Yass's portfolio value fell 30% quarter-over-quarter to $404B.
Based on Susquehanna International Group's 13F filing for Q2 2022, filed 15 Aug 2022.