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 | |
|---|---|---|---|---|---|---|
51
CALL
Alibaba
BABA
$286B
| $914M | 0.23% |
10,379,700
-1,063,200
| -9% | -$83.8M |
|
52
Meta Platforms (Facebook)
META
$1.4T
| $899M | 0.23% |
7,466,555
+1,083,466
| +17% | +$127M |
|
53
PUT
First Solar
FSLR
$23B
| $887M | 0.22% |
5,924,300
+1,894,500
| +47% | +$281M |
|
54
PUT
JPMorgan Chase
JPM
$935B
| $883M | 0.22% |
6,586,400
-2,974,600
| -31% | -$377M |
|
55
CALL
Mastercard
MA
$509B
| $880M | 0.22% |
2,531,100
+550,100
| +28% | +$181M |
|
|
56
CALL
Booking.com
BKNG
$158B
| $879M | 0.22% |
10,900,000
-75,000
| -0.7% | -$5.69M |
|
57
CALL
Broadcom
AVGO
$1.75T
| $878M | 0.22% |
15,704,000
+1,946,000
| +14% | +$97.6M |
|
58
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $874M | 0.22% |
23,068,400
+1,407,800
| +6% | +$51.9M |
|
59
PUT
ExxonMobil
XOM
$679B
| $855M | 0.22% |
7,749,800
+783,900
| +11% | +$84M |
|
60
PUT
Home Depot
HD
$335B
| $855M | 0.22% |
2,705,900
+380,700
| +16% | +$116M |
|
|
61
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $847M | 0.21% |
19,346,400
+678,400
| +4% | +$29.5M |
|
62
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $838M | 0.21% |
24,488,700
-5,844,700
| -19% | -$198M |
|
63
PUT
Walt Disney
DIS
$186B
| $834M | 0.21% |
9,593,900
+2,134,400
| +29% | +$204M |
|
|
64
Amazon
AMZN
$2.79T
| $829M | 0.21% |
9,873,954
-14,948,844
| -60% | -$1.48B |
|
65
CALL
Bank of America
BAC
$431B
| $828M | 0.21% |
24,989,200
+3,385,000
| +16% | +$117M |
|
66
CALL
Adobe
ADBE
$109B
| $826M | 0.21% |
2,453,800
+103,300
| +4% | +$33M |
|
|
67
PUT
Alibaba
BABA
$286B
| $825M | 0.21% |
9,370,400
+2,165,300
| +30% | +$171M |
|
68
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $822M | 0.21% |
12,523,100
+5,192,300
| +71% | +$325M |
|
69
CALL
Advanced Micro Devices
AMD
$773B
| $821M | 0.21% |
12,675,800
+4,212,800
| +50% | +$278M |
|
|
70
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $820M | 0.21% |
21,646,300
+3,613,700
| +20% | +$133M |
|
71
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $813M | 0.21% |
8,164,200
-1,749,500
| -18% | -$176M |
|
72
CALL
Procter & Gamble
PG
$336B
| $807M | 0.2% |
5,324,800
+645,200
| +14% | +$90.4M |
|
73
CALL
Goldman Sachs
GS
$303B
| $799M | 0.2% |
2,326,100
+53,600
| +2% | +$18.7M |
|
|
74
CALL
Walt Disney
DIS
$186B
| $788M | 0.2% |
9,068,600
+3,782,800
| +72% | +$362M |
|
|
75
PUT
Bank of America
BAC
$431B
| $784M | 0.2% |
23,674,200
-2,209,100
| -9% | -$76.1M |
|
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.