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 | |
|---|---|---|---|---|---|---|
76
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $680M | 0.17% |
16,960,100
+1,003,100
| +6% | +$42.1M |
|
77
CALL
Home Depot
HD
$335B
| $672M | 0.17% |
2,450,000
-94,300
| -4% | -$27.8M |
|
78
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $672M | 0.17% |
21,360,500
+396,100
| +2% | +$13.7M |
|
79
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $661M | 0.16% |
19,478,400
-342,900
| -2% | -$10.7M |
|
80
PUT
ExxonMobil
XOM
$679B
| $658M | 0.16% |
7,683,600
+3,140,600
| +69% | +$283M |
|
|
81
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $651M | 0.16% |
19,181,200
+3,771,500
| +24% | +$118M |
|
82
PUT
United States Oil Fund
USO
$2.24B
| $645M | 0.16% |
8,021,200
-2,157,300
| -21% | -$175M |
|
83
PUT
UnitedHealth
UNH
$350B
| $637M | 0.16% |
1,240,400
+156,600
| +14% | +$78.6M |
|
84
CALL
Adobe
ADBE
$109B
| $627M | 0.16% |
1,714,000
-864,700
| -34% | -$352M |
|
85
Microsoft
MSFT
$3.59T
| $626M | 0.15% |
2,437,533
-814,750
| -25% | -$221M |
|
86
CALL
Palo Alto Networks
PANW
$292B
| $623M | 0.15% |
7,570,800
-1,822,200
| -19% | -$162M |
|
87
CALL
Citigroup
C
$221B
| $610M | 0.15% |
13,270,700
-5,667,200
| -30% | -$283M |
|
88
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $610M | 0.15% |
6,630,100
+3,568,700
| +117% | +$356M |
|
89
PUT
Wells Fargo
WFC
$254B
| $602M | 0.15% |
15,365,300
-5,282,000
| -26% | -$232M |
|
90
CALL
Broadcom
AVGO
$1.75T
| $602M | 0.15% |
12,383,000
+1,101,000
| +10% | +$61.8M |
|
91
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $600M | 0.15% |
21,903,200
-193,800
| -0.9% | -$6.42M |
|
92
CALL
Pfizer
PFE
$160B
| $599M | 0.15% |
11,420,600
+47,500
| +0.4% | +$2.42M |
|
93
PUT
Shopify
SHOP
$192B
| $598M | 0.15% |
19,134,600
-8,864,400
| -32% | -$379M |
|
94
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $596M | 0.15% |
22,785,000
+1,095,000
| +5% | +$30.5M |
|
95
CALL
Walt Disney
DIS
$186B
| $586M | 0.15% |
6,209,400
-6,858,400
| -52% | -$761M |
|
96
PUT
Johnson & Johnson
JNJ
$651B
| $585M | 0.14% |
3,295,700
+1,117,500
| +51% | +$199M |
|
97
Advanced Micro Devices
AMD
$773B
| $584M | 0.14% |
7,637,917
+2,451,343
| +47% | +$229M |
|
98
CALL
Coca-Cola
KO
$392B
| $571M | 0.14% |
9,070,600
+1,570,200
| +21% | +$99.5M |
|
|
99
PUT
Walt Disney
DIS
$186B
| $563M | 0.14% |
5,966,000
-2,573,100
| -30% | -$286M |
|
|
100
CALL
AT&T
T
$173B
| $561M | 0.14% |
26,742,200
-9,726,586
| -27% | -$194M |
|
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.