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 |
Amazon
AMZN
|
+$1.21B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$1.12B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
| 4 |
Meta Platforms (Facebook)
META
|
+$598M |
| 5 |
NVIDIA
NVDA
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$799M |
| 2 |
Etsy
ETSY
|
+$246M |
| 3 |
Zoom
ZM
|
+$241M |
| 4 |
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
|
+$151M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.87% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Communication Services | 1.09% |
| 4 | Financials | 1.07% |
| 5 | Energy | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
UnitedHealth
UNH
$350B
| $881M | 0.23% |
1,745,100
+261,700
| +18% | +$138M |
|
|
52
Meta Platforms (Facebook)
META
$1.4T
| $866M | 0.22% |
6,383,089
+3,692,424
| +137% | +$598M |
|
53
PUT
Palo Alto Networks
PANW
$292B
| $861M | 0.22% |
10,512,000
-1,694,400
| -14% | -$147M |
|
54
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $831M | 0.21% |
6,661,700
+726,100
| +12% | +$95.8M |
|
55
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $821M | 0.21% |
2,858,700
+427,700
| +18% | +$136M |
|
56
CALL
Johnson & Johnson
JNJ
$651B
| $820M | 0.21% |
5,018,300
+695,000
| +16% | +$118M |
|
57
CALL
JPMorgan Chase
JPM
$935B
| $817M | 0.21% |
7,821,600
-19,900
| -0.3% | -$2.28M |
|
58
CALL
ProShares UltraPro Short QQQ
SQQQ
$2.07B
| $807M | 0.21% |
526,320
+253,856
| +93% | +$290M |
|
59
PUT
Bank of America
BAC
$431B
| $782M | 0.2% |
25,883,300
+949,600
| +4% | +$31.7M |
|
|
60
NVIDIA
NVDA
$5.2T
| $778M | 0.2% |
64,124,610
+32,067,950
| +100% | +$507M |
|
61
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $758M | 0.2% |
21,660,600
+3,109,300
| +17% | +$121M |
|
|
62
PUT
UnitedHealth
UNH
$350B
| $757M | 0.2% |
1,498,400
+258,000
| +21% | +$136M |
|
63
CALL
Occidental Petroleum
OXY
$61.3B
| $733M | 0.19% |
11,935,500
-310,900
| -3% | -$19.9M |
|
64
CALL
Chevron
CVX
$403B
| $730M | 0.19% |
5,079,800
+350,800
| +7% | +$53.5M |
|
65
CALL
Booking.com
BKNG
$158B
| $721M | 0.19% |
10,975,000
+1,047,500
| +11% | +$78.7M |
|
66
CALL
Walmart Inc
WMT
$825B
| $720M | 0.19% |
16,653,600
+5,055,000
| +44% | +$221M |
|
67
PUT
Walt Disney
DIS
$186B
| $704M | 0.18% |
7,459,500
+1,493,500
| +25% | +$160M |
|
68
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $672M | 0.17% |
18,668,000
-3,513,600
| -16% | -$133M |
|
69
CALL
Eli Lilly
LLY
$1.12T
| $671M | 0.17% |
2,076,400
+783,800
| +61% | +$248M |
|
70
CALL
United Parcel Service
UPS
$86.8B
| $668M | 0.17% |
4,133,300
+2,353,500
| +132% | +$446M |
|
71
CALL
Goldman Sachs
GS
$303B
| $666M | 0.17% |
2,272,500
-513,000
| -18% | -$166M |
|
72
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $658M | 0.17% |
21,890,000
-895,000
| -4% | -$27.7M |
|
|
73
CALL
Bank of America
BAC
$431B
| $652M | 0.17% |
21,604,200
-605,000
| -3% | -$20.2M |
|
74
CALL
Adobe
ADBE
$109B
| $647M | 0.17% |
2,350,500
+636,500
| +37% | +$241M |
|
75
PUT
Home Depot
HD
$335B
| $642M | 0.17% |
2,325,200
+472,800
| +26% | +$140M |
|
Similar funds
Jeff Yass's Q3 2022 Portfolio in Review
As of Q3 2022, Jeff Yass held 14,936 positions worth $387B, down 4.3% from $404B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q3 2022 filing shows 2,167 new, 5,455 increased, 5,274 reduced and 1,852 closed positions. Its largest new stake was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M. The largest sale was Tesla, an estimated $799M.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.8% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q3 2022 buy was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M.
- Jeff Yass added most to Amazon in Q3 2022, an estimated $1.21B increase.
- Jeff Yass's biggest Q3 2022 reduction was Tesla, cutting an estimated $799M.
- Jeff Yass fully exited Pershing Square Tontine Holdings, Ltd. in Q3 2022, selling an estimated $151M.
- Jeff Yass's ten largest holdings make up 32% of its $387B portfolio in Q3 2022.
- Jeff Yass opened 2,167 new positions and closed 1,852 in Q3 2022.
- Jeff Yass's portfolio value fell 4.3% quarter-over-quarter to $387B.
Based on Susquehanna International Group's 13F filing for Q3 2022, filed 14 Nov 2022.