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 | |
|---|---|---|---|---|---|---|
801
PUT
Stryker
SYK
$126B
| $59M | 0.01% |
241,200
+39,100
| +19% | +$8.87M |
|
802
T-Mobile US
TMUS
$196B
| $58.5M | 0.01% |
417,546
+183,805
| +79% | +$26.4M |
|
803
CALL
HCA Healthcare
HCA
$92.9B
| $58.4M | 0.01% |
243,300
+12,700
| +6% | +$2.84M |
|
804
PUT
Antero Resources
AR
$11.7B
| $58.1M | 0.01% |
1,874,200
-203,400
| -10% | -$7.03M |
|
805
Regeneron Pharmaceuticals
REGN
$85.3B
| $58.1M | 0.01% |
80,497
+57,355
| +248% | +$42.3M |
|
806
PUT
Arista Networks
ANET
$237B
| $58M | 0.01% |
1,910,800
+780,800
| +69% | +$24M |
|
807
CALL
Southern Company
SO
$104B
| $57.9M | 0.01% |
811,100
+162,100
| +25% | +$10.8M |
|
808
PUT
Roblox
RBLX
$27.7B
| $57.4M | 0.01% |
2,015,600
-737,700
| -27% | -$25.9M |
|
809
CVS Health
CVS
$120B
| $57.3M | 0.01% |
614,500
+400,883
| +188% | +$38.7M |
|
810
PUT
Cloudflare
NET
$99.8B
| $57.2M | 0.01% |
1,264,400
-61,000
| -5% | -$3.02M |
|
811
CALL
Cardinal Health
CAH
$54B
| $56.7M | 0.01% |
737,600
-91,700
| -11% | -$6.97M |
|
812
PUT
Wheaton Precious Metals
WPM
$72.8B
| $56.7M | 0.01% |
1,449,600
-267,100
| -16% | -$9.66M |
|
813
LPL Financial
LPLA
$28.7B
| $56.6M | 0.01% |
261,615
-107,175
| -29% | -$25.1M |
|
814
CALL
American International
AIG
$40.5B
| $56.5M | 0.01% |
892,900
-710,400
| -44% | -$41.3M |
|
815
PUT
American Tower
AMT
$83.1B
| $56.4M | 0.01% |
266,200
+96,100
| +56% | +$20M |
|
816
PUT
United States Natural Gas Fund
UNG
$511M
| $56.4M | 0.01% |
999,150
-77,600
| -7% | -$6.17M |
|
817
CALL
Akamai
AKAM
$15.2B
| $56.3M | 0.01% |
667,700
-64,400
| -9% | -$5.61M |
|
818
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $56.3M | 0.01% |
236,800
+65,700
| +38% | +$14M |
|
819
CALL
Yum! Brands
YUM
$42.9B
| $56.2M | 0.01% |
438,800
+165,800
| +61% | +$20.1M |
|
820
PUT
Novartis
NVS
$300B
| $56.1M | 0.01% |
618,900
+188,200
| +44% | +$15.9M |
|
821
Moderna
MRNA
$55.4B
| $56.1M | 0.01% |
312,412
-404,328
| -56% | -$66.1M |
|
822
CALL
Li Auto
LI
$12.2B
| $56M | 0.01% |
2,743,600
+378,900
| +16% | +$7.21M |
|
823
PUT
Snap
SNAP
$9.35B
| $55.9M | 0.01% |
6,242,500
-1,823,300
| -23% | -$18M |
|
824
CALL
Truist Financial
TFC
$62.1B
| $55.6M | 0.01% |
1,291,000
+390,600
| +43% | +$17.1M |
|
825
CALL
CME Group
CME
$100B
| $55.5M | 0.01% |
328,300
+6,100
| +2% | +$1.06M |
|
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.