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 | |
|---|---|---|---|---|---|---|
51
PUT
Alibaba
BABA
$286B
| $1.26B | 0.22% |
11,590,900
+407,800
| +4% | +$47M |
|
52
PUT
Boeing
BA
$169B
| $1.24B | 0.22% |
6,492,000
-23,900
| -0.4% | -$4.8M |
|
53
PUT
Netflix
NFLX
$331B
| $1.23B | 0.21% |
32,873,000
+1,719,000
| +6% | +$71.6M |
|
54
CALL
Adobe
ADBE
$109B
| $1.17B | 0.2% |
2,578,700
+669,700
| +35% | +$322M |
|
|
55
PUT
Walt Disney
DIS
$186B
| $1.17B | 0.2% |
8,539,100
-7,696,000
| -47% | -$1.11B |
|
56
PUT
Broadcom
AVGO
$1.75T
| $1.17B | 0.2% |
18,552,000
-7,682,000
| -29% | -$456M |
|
57
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.17B | 0.2% |
8,386,540
+2,204,560
| +36% | +$299M |
|
|
58
PUT
Adobe
ADBE
$109B
| $1.16B | 0.2% |
2,543,500
+68,600
| +3% | +$33M |
|
59
PUT
PayPal
PYPL
$52.7B
| $1.16B | 0.2% |
10,013,800
+2,500,900
| +33% | +$333M |
|
|
60
Meta Platforms (Facebook)
META
$1.4T
| $1.15B | 0.2% |
5,185,081
+3,987,583
| +333% | +$997M |
|
61
CALL
Bank of America
BAC
$431B
| $1.12B | 0.19% |
27,287,300
-3,222,500
| -11% | -$145M |
|
62
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $1.12B | 0.19% |
9,252,400
+7,495,800
| +427% | +$935M |
|
63
PUT
Qualcomm
QCOM
$169B
| $1.1B | 0.19% |
7,215,100
-1,025,100
| -12% | -$172M |
|
64
Citigroup
C
$221B
| $1.1B | 0.19% |
20,567,244
+1,583,311
| +8% | +$97.8M |
|
65
CALL
Chevron
CVX
$403B
| $1.09B | 0.19% |
6,721,000
+47,900
| +0.7% | +$6.87M |
|
66
PUT
Goldman Sachs
GS
$303B
| $1.09B | 0.19% |
3,304,700
-1,157,300
| -26% | -$409M |
|
|
67
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.09B | 0.19% |
8,258,700
+2,714,500
| +49% | +$374M |
|
|
68
CALL
Qualcomm
QCOM
$169B
| $1.08B | 0.19% |
7,051,200
-1,075,400
| -13% | -$180M |
|
69
PUT
Palo Alto Networks
PANW
$292B
| $1.06B | 0.18% |
10,231,800
-1,946,400
| -16% | -$174M |
|
70
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.05B | 0.18% |
23,341,300
+4,390,600
| +23% | +$207M |
|
71
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.05B | 0.18% |
2,977,200
-1,347,000
| -31% | -$436M |
|
72
CALL
Costco
COST
$420B
| $1.04B | 0.18% |
1,797,600
-1,548,200
| -46% | -$812M |
|
73
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.03B | 0.18% |
2,977,100
-2,381,200
| -44% | -$826M |
|
|
74
CALL
Citigroup
C
$221B
| $1.01B | 0.17% |
18,937,900
-1,533,900
| -7% | -$94.8M |
|
75
Microsoft
MSFT
$3.59T
| $1B | 0.17% |
3,252,283
+1,160,097
| +55% | +$349M |
|
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.