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 | |
|---|---|---|---|---|---|---|
526
CALL
American Tower
AMT
$81.9B
| $105M | 0.03% |
497,400
+15,100
| +3% | +$3.14M |
|
527
CALL
Marvell Technology
MRVL
$213B
| $105M | 0.03% |
2,836,500
+578,300
| +26% | +$23.6M |
|
528
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $105M | 0.03% |
3,231,900
+172,400
| +6% | +$5.61M |
|
529
PUT
KraneShares CSI China Internet ETF
KWEB
$5.27B
| $105M | 0.03% |
3,476,600
-179,400
| -5% | -$4.58M |
|
530
McDonald's
MCD
$192B
| $105M | 0.03% |
398,252
+179,175
| +82% | +$47.3M |
|
531
PUT
Hilton Worldwide
HLT
$73.5B
| $105M | 0.03% |
828,600
-365,400
| -31% | -$48.2M |
|
532
CALL
D.R. Horton
DHI
$41.5B
| $105M | 0.03% |
1,172,700
-96,600
| -8% | -$7.74M |
|
533
Baidu
BIDU
$31.6B
| $104M | 0.03% |
909,487
+324,817
| +56% | +$33.1M |
|
534
PUT
ARK Innovation ETF
ARKK
$6.59B
| $104M | 0.03% |
3,327,200
-1,979,800
| -37% | -$70.8M |
|
|
SPLK
535
CALL
DELISTED
Splunk Inc
SPLK
| $104M | 0.03% |
1,204,900
+424,200
| +54% | +$34.3M |
|
536
Walmart Inc
WMT
$825B
| $104M | 0.03% |
2,190,246
+1,581,969
| +260% | +$75.1M |
|
537
CALL
Philip Morris
PM
$293B
| $103M | 0.03% |
1,018,700
-415,000
| -29% | -$39.2M |
|
538
CALL
Atlassian
TEAM
$43.5B
| $103M | 0.03% |
798,000
+416,500
| +109% | +$66.3M |
|
539
PUT
AstraZeneca
AZN
$257B
| $103M | 0.03% |
753,450
+123,600
| +20% | +$15.5M |
|
540
CALL
Cameco
CCJ
$44.6B
| $103M | 0.03% |
4,524,100
+1,520,400
| +51% | +$35.8M |
|
|
541
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $102M | 0.03% |
3,147,400
-1,899,700
| -38% | -$61.8M |
|
542
NextEra Energy
NEE
$174B
| $102M | 0.03% |
1,219,276
+927,202
| +317% | +$74.9M |
|
543
PUT
Macy's
M
$6B
| $102M | 0.03% |
4,935,700
+2,474,800
| +101% | +$50.7M |
|
|
ATVI
544
DELISTED
Activision Blizzard
ATVI
| $101M | 0.03% |
1,321,542
-448,060
| -25% | -$33.3M |
|
545
CALL
Okta
OKTA
$23.5B
| $101M | 0.03% |
1,479,700
+562,400
| +61% | +$32.1M |
|
546
Palo Alto Networks
PANW
$292B
| $101M | 0.03% |
1,446,378
+1,192,760
| +470% | +$95.8M |
|
|
PARA
547
PUT
DELISTED
Paramount Global Class B
PARA
| $101M | 0.03% |
5,954,800
+895,500
| +18% | +$16.5M |
|
548
CALL
Rivian
RIVN
$24.6B
| $99.4M | 0.03% |
5,391,200
-27,600
| -0.5% | -$812K |
|
|
549
Atlassian
TEAM
$43.5B
| $99.3M | 0.03% |
771,546
+697,824
| +947% | +$111M |
|
550
CALL
Twilio
TWLO
$34.6B
| $99.2M | 0.03% |
2,027,100
+857,000
| +73% | +$48.8M |
|
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.