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
|
+$1.21B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$1.12B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
| 4 |
Meta Platforms (Facebook)
META
|
+$598M |
| 5 |
NVIDIA
NVDA
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$799M |
| 2 |
Etsy
ETSY
|
+$246M |
| 3 |
Zoom
ZM
|
+$241M |
| 4 |
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
|
+$151M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.87% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Communication Services | 1.09% |
| 4 | Financials | 1.07% |
| 5 | Energy | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
PUT
NVIDIA
NVDA
$5.2T
| $1.62B | 0.42% |
133,751,000
+10,422,000
| +8% | +$165M |
|
27
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.6B | 0.41% |
5,557,400
+185,500
| +3% | +$59M |
|
28
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $1.6B | 0.41% |
16,593,000
-14,955,000
| -47% | -$1.67B |
|
29
PUT
Netflix
NFLX
$331B
| $1.52B | 0.39% |
64,581,000
+24,458,000
| +61% | +$543M |
|
30
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.45B | 0.37% |
14,127,100
-1,166,100
| -8% | -$131M |
|
31
PUT
Booking.com
BKNG
$158B
| $1.4B | 0.36% |
21,230,000
+4,632,500
| +28% | +$348M |
|
|
32
CALL
Netflix
NFLX
$331B
| $1.39B | 0.36% |
59,214,000
+15,685,000
| +36% | +$348M |
|
|
33
CALL
NVIDIA
NVDA
$5.2T
| $1.3B | 0.34% |
106,879,000
-8,084,000
| -7% | -$128M |
|
34
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.26B | 0.33% |
4,717,100
-882,800
| -16% | -$251M |
|
35
PUT
Citigroup
C
$221B
| $1.21B | 0.31% |
29,095,400
-738,300
| -2% | -$36.5M |
|
36
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $1.13B | 0.29% |
10,969,000
+3,421,600
| +45% | +$377M |
|
37
PUT
Costco
COST
$420B
| $1.08B | 0.28% |
2,286,100
-66,900
| -3% | -$34.8M |
|
|
38
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.02B | 0.26% |
9,913,700
-321,600
| -3% | -$36.2M |
|
|
39
CALL
Costco
COST
$420B
| $1.01B | 0.26% |
2,148,800
+391,100
| +22% | +$203M |
|
40
PUT
JPMorgan Chase
JPM
$935B
| $999M | 0.26% |
9,561,000
+1,754,800
| +22% | +$201M |
|
41
PUT
Goldman Sachs
GS
$303B
| $997M | 0.26% |
3,401,700
+644,700
| +23% | +$209M |
|
42
CALL
SPDR Gold Trust
GLD
$152B
| $991M | 0.26% |
6,407,800
+239,100
| +4% | +$38.4M |
|
43
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $975M | 0.25% |
17,345,300
+3,655,200
| +27% | +$228M |
|
44
CALL
ExxonMobil
XOM
$679B
| $949M | 0.25% |
10,868,100
-819,500
| -7% | -$74.8M |
|
|
45
Alphabet (Google) Class A
GOOGL
$4.22T
| $939M | 0.24% |
9,821,758
-1,123,522
| -10% | -$125M |
|
46
PUT
Advanced Micro Devices
AMD
$773B
| $926M | 0.24% |
14,617,700
-3,306,300
| -18% | -$282M |
|
47
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $921M | 0.24% |
30,333,400
+8,972,900
| +42% | +$297M |
|
48
CALL
Alibaba
BABA
$286B
| $915M | 0.24% |
11,442,900
-3,187,700
| -22% | -$304M |
|
|
49
Citigroup
C
$221B
| $914M | 0.24% |
21,944,804
+3,864,612
| +21% | +$191M |
|
50
Apple
AAPL
$4.51T
| $908M | 0.23% |
6,570,377
+1,431,427
| +28% | +$225M |
|
Similar funds
Jeff Yass's Q3 2022 Portfolio in Review
As of Q3 2022, Jeff Yass held 14,936 positions worth $387B, down 4.3% from $404B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q3 2022 filing shows 2,167 new, 5,455 increased, 5,274 reduced and 1,852 closed positions. Its largest new stake was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M. The largest sale was Tesla, an estimated $799M.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.8% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q3 2022 buy was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M.
- Jeff Yass added most to Amazon in Q3 2022, an estimated $1.21B increase.
- Jeff Yass's biggest Q3 2022 reduction was Tesla, cutting an estimated $799M.
- Jeff Yass fully exited Pershing Square Tontine Holdings, Ltd. in Q3 2022, selling an estimated $151M.
- Jeff Yass's ten largest holdings make up 32% of its $387B portfolio in Q3 2022.
- Jeff Yass opened 2,167 new positions and closed 1,852 in Q3 2022.
- Jeff Yass's portfolio value fell 4.3% quarter-over-quarter to $387B.
Based on Susquehanna International Group's 13F filing for Q3 2022, filed 14 Nov 2022.