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 | |
|---|---|---|---|---|---|---|
501
CALL
Gartner
IT
$12.4B
| $114M | 0.03% |
338,900
+286,800
| +550% | +$92.6M |
|
502
PUT
RTX Corp
RTX
$283B
| $114M | 0.03% |
1,127,800
-75,900
| -6% | -$7.14M |
|
503
Adobe
ADBE
$109B
| $113M | 0.03% |
336,067
-324,140
| -49% | -$104M |
|
504
PUT
Trade Desk
TTD
$6.19B
| $113M | 0.03% |
2,520,100
-699,100
| -22% | -$35.4M |
|
505
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $113M | 0.03% |
1,514,300
-195,200
| -11% | -$14.2M |
|
506
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $112M | 0.03% |
1,173,700
-584,000
| -33% | -$56.1M |
|
507
CALL
Illumina
ILMN
$33.1B
| $112M | 0.03% |
567,148
-181,544
| -24% | -$37.6M |
|
508
PUT
Lennar Class A
LEN
$21B
| $111M | 0.03% |
1,269,041
-316,098
| -20% | -$25.6M |
|
509
iShares China Large-Cap ETF
FXI
$4.28B
| $111M | 0.03% |
3,928,372
-913,762
| -19% | -$23.6M |
|
510
CALL
Kimberly-Clark
KMB
$36.4B
| $111M | 0.03% |
817,000
+52,600
| +7% | +$6.68M |
|
511
Occidental Petroleum
OXY
$61.3B
| $110M | 0.03% |
1,740,338
+562,915
| +48% | +$38.3M |
|
512
PUT
DexCom
DXCM
$34.8B
| $109M | 0.03% |
964,000
+528,100
| +121% | +$58M |
|
513
CALL
Roblox
RBLX
$27.4B
| $109M | 0.03% |
3,831,700
+554,000
| +17% | +$19.5M |
|
514
PUT
Rio Tinto
RIO
$171B
| $109M | 0.03% |
1,529,600
+50,600
| +3% | +$3.18M |
|
515
PUT
Medtronic
MDT
$119B
| $109M | 0.03% |
1,399,000
+479,300
| +52% | +$38.8M |
|
516
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $108M | 0.03% |
3,024,800
+299,500
| +11% | +$9.86M |
|
517
CALL
Automatic Data Processing
ADP
$112B
| $108M | 0.03% |
450,600
-43,800
| -9% | -$10.8M |
|
518
Eli Lilly
LLY
$1.12T
| $108M | 0.03% |
294,139
+244,419
| +492% | +$86.7M |
|
519
PUT
Phillips 66
PSX
$96.9B
| $107M | 0.03% |
1,032,600
+177,400
| +21% | +$18.1M |
|
520
PUT
American Airlines Group
AAL
$9.15B
| $107M | 0.03% |
8,441,200
-3,345,200
| -28% | -$45.4M |
|
521
Comcast
CMCSA
$95.3B
| $107M | 0.03% |
3,059,947
+2,097,866
| +218% | +$69.4M |
|
522
CALL
Energy Transfer Partners
ET
$73B
| $107M | 0.03% |
8,991,900
-3,510,200
| -28% | -$42.1M |
|
523
CALL
Wheaton Precious Metals
WPM
$71.7B
| $106M | 0.03% |
2,709,300
+493,200
| +22% | +$17.8M |
|
524
State Street SPDR S&P Retail ETF
XRT
$491M
| $106M | 0.03% |
1,750,422
+78,913
| +5% | +$4.9M |
|
525
PUT
Nucor
NUE
$55.3B
| $106M | 0.03% |
801,300
+55,100
| +7% | +$7.49M |
|
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.