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
|
+$824M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$459M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
| 4 |
Warner Bros
WBD
|
+$287M |
| 5 |
Tesla
TSLA
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.88B |
| 2 |
AT&T
T
|
+$530M |
| 3 |
Meta Platforms (Facebook)
META
|
+$481M |
| 4 |
Workday
WDAY
|
+$462M |
| 5 |
Apple
AAPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 1.52% |
| 3 | Communication Services | 1.04% |
| 4 | Financials | 1.03% |
| 5 | Healthcare | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Cleveland-Cliffs
CLF
$6.45B
| $62.3M | 0.02% |
4,055,166
-1,446,968
| -26% | -$34.6M |
|
727
CALL
BILL Holdings
BILL
$4.8B
| $62.1M | 0.02% |
564,500
+49,800
| +10% | +$7.25M |
|
728
PUT
Cloudflare
NET
$99.8B
| $62M | 0.02% |
1,418,000
+5,100
| +0.4% | +$367K |
|
729
CALL
State Street SPDR S&P Retail ETF
XRT
$329M
| $62M | 0.02% |
1,066,500
+248,100
| +30% | +$16.9M |
|
730
PUT
Las Vegas Sands
LVS
$30.4B
| $62M | 0.02% |
1,846,300
-1,273,300
| -41% | -$44.1M |
|
731
PUT
MetLife
MET
$61.1B
| $61.9M | 0.02% |
986,500
-161,800
| -14% | -$10.7M |
|
732
CALL
Macy's
M
$6.1B
| $61.8M | 0.02% |
3,372,300
+1,813,100
| +116% | +$41M |
|
733
CALL
Fidelity National Information Services
FIS
$21.4B
| $61.7M | 0.02% |
673,000
-123,400
| -15% | -$12.3M |
|
734
PUT
iShares Russell 1000 Growth ETF
IWF
$124B
| $61.6M | 0.02% |
1,126,000
-345,600
| -23% | -$20.7M |
|
735
PUT
Carvana
CVNA
$79.5B
| $61.5M | 0.02% |
13,619,500
+5,976,500
| +78% | +$62.9M |
|
|
JKS
736
PUT
JinkoSolar
JKS
$846M
| $61.1M | 0.02% |
883,400
+720,200
| +441% | +$40.4M |
|
737
Freeport-McMoran
FCX
$112B
| $61.1M | 0.02% |
2,088,409
-1,845,176
| -47% | -$73.9M |
|
738
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $60.9M | 0.02% |
5,479,200
+268,000
| +5% | +$4.49M |
|
739
PUT
AstraZeneca
AZN
$259B
| $60.8M | 0.02% |
453,500
-71,700
| -14% | -$9.41M |
|
740
PUT
Cheniere Energy
LNG
$58B
| $60.7M | 0.02% |
456,500
+193,700
| +74% | +$26.4M |
|
|
741
PUT
Macy's
M
$6.1B
| $60.7M | 0.02% |
3,312,900
+1,090,900
| +49% | +$24.7M |
|
742
PUT
Air Products & Chemicals
APD
$68.2B
| $60.5M | 0.02% |
251,500
+20,100
| +9% | +$4.89M |
|
|
743
CALL
iShares Russell 1000 Growth ETF
IWF
$124B
| $60.5M | 0.02% |
1,106,000
-85,200
| -7% | -$5.11M |
|
744
Carnival Corporation Ltd
CCL
$35.2B
| $60.3M | 0.01% |
6,971,886
-357,449
| -5% | -$5.25M |
|
745
PUT
Rivian
RIVN
$24B
| $60.1M | 0.01% |
2,335,500
-677,200
| -22% | -$21.2M |
|
746
CALL
Tractor Supply
TSCO
$18.7B
| $60.1M | 0.01% |
1,549,000
+704,500
| +83% | +$28.6M |
|
747
PUT
CF Industries
CF
$19.6B
| $60M | 0.01% |
699,900
-28,000
| -4% | -$2.72M |
|
748
Snowflake
SNOW
$112B
| $59.8M | 0.01% |
429,913
-165,623
| -28% | -$26.2M |
|
749
PUT
CME Group
CME
$100B
| $59.7M | 0.01% |
289,400
+66,200
| +30% | +$14M |
|
750
First Solar
FSLR
$22.4B
| $59.7M | 0.01% |
876,295
+280,650
| +47% | +$20M |
|
Similar funds
Jeff Yass's Q2 2022 Portfolio in Review
As of Q2 2022, Jeff Yass held 14,668 positions worth $404B, down 30% from $578B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass withdrew a net $42.7B in Q2 2022, closing 1,896 positions and reducing 5,772 holdings. Its most notable exit was Discovery, Inc. Series C Common Stock, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jeff Yass opened a new position in iShares US Treasury Bond ETF worth $36.9M.
- Jeff Yass's largest Q2 2022 buy was iShares US Treasury Bond ETF: 1,544,259 shares worth $36.9M.
- Jeff Yass added most to Amazon in Q2 2022, an estimated $824M increase.
- Jeff Yass's biggest Q2 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.88B.
- Jeff Yass fully exited Discovery, Inc. Series C Common Stock in Q2 2022, selling an estimated $176M.
- Jeff Yass's ten largest holdings make up 32% of its $404B portfolio in Q2 2022.
- Jeff Yass opened 1,801 new positions and closed 1,896 in Q2 2022.
- Jeff Yass's portfolio value fell 30% quarter-over-quarter to $404B.
Based on Susquehanna International Group's 13F filing for Q2 2022, filed 15 Aug 2022.