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 | |
|---|---|---|---|---|---|---|
526
CALL
Petrobras
PBR
$123B
| $138M | 0.02% |
9,302,600
-3,622,900
| -28% | -$48.6M |
|
527
CALL
Humana
HUM
$45.5B
| $137M | 0.02% |
315,800
-57,400
| -15% | -$24M |
|
528
Snowflake
SNOW
$115B
| $136M | 0.02% |
595,536
+568,708
| +2,120% | +$147M |
|
529
PUT
Expedia Group
EXPE
$38.6B
| $136M | 0.02% |
696,600
-36,600
| -5% | -$6.85M |
|
530
SLB Ltd
SLB
$79.9B
| $136M | 0.02% |
3,298,688
+1,040,556
| +46% | +$40.8M |
|
531
Wynn Resorts
WYNN
$10.3B
| $136M | 0.02% |
1,704,869
-868,832
| -34% | -$73.2M |
|
532
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $135M | 0.02% |
1,128,600
+635,500
| +129% | +$74.1M |
|
533
CALL
Chewy
CHWY
$9.83B
| $135M | 0.02% |
3,313,100
-157,100
| -5% | -$7.14M |
|
534
PUT
Zillow
Z
$8.07B
| $135M | 0.02% |
2,731,200
-1,232,500
| -31% | -$66.3M |
|
535
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $134M | 0.02% |
274,100
+130,600
| +91% | +$63.5M |
|
536
Delta Air Lines
DAL
$54.2B
| $134M | 0.02% |
3,396,366
+2,417,410
| +247% | +$94.1M |
|
537
PUT
Affirm
AFRM
$25.8B
| $134M | 0.02% |
2,903,200
+396,900
| +16% | +$20.8M |
|
538
CALL
DraftKings
DKNG
$13B
| $134M | 0.02% |
6,896,900
-239,400
| -3% | -$5.08M |
|
539
CALL
Alpha Metallurgical Resources
AMR
$2.66B
| $134M | 0.02% |
1,011,700
+833,800
| +469% | +$76.6M |
|
|
540
CALL
SLB Ltd
SLB
$79.9B
| $133M | 0.02% |
3,229,800
-3,414,500
| -51% | -$134M |
|
541
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $133M | 0.02% |
509,900
-39,400
| -7% | -$9.35M |
|
542
Johnson & Johnson
JNJ
$651B
| $133M | 0.02% |
750,727
+75,353
| +11% | +$12.8M |
|
543
Applied Materials
AMAT
$391B
| $133M | 0.02% |
1,009,289
+586,247
| +139% | +$80.7M |
|
544
CALL
Etsy
ETSY
$7.44B
| $133M | 0.02% |
1,069,900
-229,400
| -18% | -$34.1M |
|
545
PUT
Autodesk
ADSK
$53.6B
| $133M | 0.02% |
618,300
-78,800
| -11% | -$18.2M |
|
546
CALL
Okta
OKTA
$23.5B
| $131M | 0.02% |
869,000
-93,100
| -10% | -$16.7M |
|
547
CALL
Shell
SHEL
$257B
| $131M | 0.02% |
+2,381,200
| New | +$126M |
|
|
PSTH
548
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
| $131M | 0.02% |
6,565,145
-2,408,476
| -27% | -$47.7M |
|
549
CALL
Danaher
DHR
$154B
| $130M | 0.02% |
500,268
-350,582
| -41% | -$87.8M |
|
550
PUT
Peloton Interactive
PTON
$2.37B
| $130M | 0.02% |
4,911,500
-859,100
| -15% | -$24.6M |
|
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.