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 | |
|---|---|---|---|---|---|---|
576
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $93.1M | 0.02% |
485,900
-658,200
| -58% | -$127M |
|
577
CALL
Clorox
CLX
$12.9B
| $93.1M | 0.02% |
663,500
+20,600
| +3% | +$2.92M |
|
578
PUT
Avis
CAR
$5.18B
| $93M | 0.02% |
567,600
+141,300
| +33% | +$28.3M |
|
579
CALL
Snap
SNAP
$8.86B
| $93M | 0.02% |
10,386,400
+941,300
| +10% | +$9.29M |
|
580
PUT
Air Products & Chemicals
APD
$67.9B
| $92.7M | 0.02% |
300,700
-30,900
| -9% | -$8.71M |
|
581
PUT
TJX Companies
TJX
$155B
| $92.5M | 0.02% |
1,162,300
+201,000
| +21% | +$14.8M |
|
582
CALL
APA Corp
APA
$15.2B
| $91.8M | 0.02% |
1,967,600
-465,100
| -19% | -$20.8M |
|
|
583
PUT
Clorox
CLX
$12.9B
| $91.8M | 0.02% |
654,200
+61,100
| +10% | +$8.67M |
|
584
PUT
Cleveland-Cliffs
CLF
$6.43B
| $91.8M | 0.02% |
5,697,600
-1,477,000
| -21% | -$22.2M |
|
585
Warner Bros
WBD
$71.6B
| $91.6M | 0.02% |
9,664,879
-4,988,708
| -34% | -$56.3M |
|
586
PUT
D.R. Horton
DHI
$41.5B
| $91.6M | 0.02% |
1,027,400
+152,500
| +17% | +$12.2M |
|
587
PUT
Simon Property Group
SPG
$70.6B
| $91.4M | 0.02% |
777,900
-249,900
| -24% | -$27.8M |
|
588
PUT
PNC Financial Services
PNC
$97B
| $90.8M | 0.02% |
574,800
+1,300
| +0.2% | +$205K |
|
589
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $90.7M | 0.02% |
2,574,000
-1,908,400
| -43% | -$64.9M |
|
590
CALL
Cummins
CMI
$80.9B
| $90.6M | 0.02% |
374,100
+8,800
| +2% | +$2.09M |
|
591
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $89.8M | 0.02% |
3,204,900
+1,397,100
| +77% | +$38M |
|
|
PARA
592
CALL
DELISTED
Paramount Global Class B
PARA
| $89.7M | 0.02% |
5,311,600
+1,987,500
| +60% | +$36.6M |
|
593
CALL
iShares MSCI South Korea ETF
EWY
$27.7B
| $89.6M | 0.02% |
1,569,200
+1,471,900
| +1,513% | +$80.7M |
|
594
PUT
Burlington
BURL
$20.6B
| $89.3M | 0.02% |
440,500
+59,600
| +16% | +$9.52M |
|
595
CALL
Estee Lauder
EL
$36.9B
| $89.3M | 0.02% |
359,900
+69,200
| +24% | +$15.5M |
|
596
Goldman Sachs
GS
$303B
| $89.1M | 0.02% |
259,466
+54,686
| +27% | +$19M |
|
597
Morgan Stanley
MS
$336B
| $88.2M | 0.02% |
1,037,094
+368,381
| +55% | +$31.4M |
|
|
FISV
598
CALL
Fiserv Inc
FISV
$28B
| $88.2M | 0.02% |
872,400
-372,300
| -30% | -$37.1M |
|
599
Thermo Fisher Scientific
TMO
$233B
| $87.6M | 0.02% |
159,037
+137,461
| +637% | +$72.8M |
|
600
CALL
Dick's Sporting Goods
DKS
$16.4B
| $87.5M | 0.02% |
727,700
-68,200
| -9% | -$7.68M |
|
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.