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 | |
|---|---|---|---|---|---|---|
76
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $640M | 0.17% |
21,310,000
+4,410,000
| +26% | +$137M |
|
77
CALL
Visa
V
$693B
| $632M | 0.16% |
3,555,400
+1,058,100
| +42% | +$215M |
|
78
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $631M | 0.16% |
18,032,600
+1,072,500
| +6% | +$41.9M |
|
79
Advanced Micro Devices
AMD
$773B
| $614M | 0.16% |
9,688,690
+2,050,773
| +27% | +$175M |
|
80
PUT
PayPal
PYPL
$52.7B
| $612M | 0.16% |
7,113,600
+362,600
| +5% | +$32.2M |
|
81
PUT
Qualcomm
QCOM
$169B
| $612M | 0.16% |
5,418,300
+1,343,700
| +33% | +$185M |
|
|
82
Tesla
TSLA
$1.43T
| $611M | 0.16% |
2,303,909
-2,859,622
| -55% | -$799M |
|
83
CALL
Broadcom
AVGO
$1.75T
| $611M | 0.16% |
13,758,000
+1,375,000
| +11% | +$70.2M |
|
84
PUT
ExxonMobil
XOM
$679B
| $608M | 0.16% |
6,965,900
-717,700
| -9% | -$65.5M |
|
|
85
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $599M | 0.15% |
20,215,200
-1,688,000
| -8% | -$49.8M |
|
86
CALL
Procter & Gamble
PG
$336B
| $591M | 0.15% |
4,679,600
+899,700
| +24% | +$128M |
|
87
PUT
Boeing
BA
$169B
| $591M | 0.15% |
4,877,900
-1,444,100
| -23% | -$221M |
|
88
PUT
United States Oil Fund
USO
$2.24B
| $590M | 0.15% |
9,030,500
+1,009,300
| +13% | +$73.9M |
|
89
CALL
Citigroup
C
$221B
| $587M | 0.15% |
14,088,200
+817,500
| +6% | +$40.4M |
|
90
PUT
Eli Lilly
LLY
$1.12T
| $580M | 0.15% |
1,794,300
+498,700
| +38% | +$158M |
|
|
91
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $579M | 0.15% |
19,533,500
+8,117,400
| +71% | +$240M |
|
92
PUT
Alibaba
BABA
$286B
| $576M | 0.15% |
7,205,100
-1,567,400
| -18% | -$149M |
|
93
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $568M | 0.15% |
2,127,500
-670,200
| -24% | -$191M |
|
94
CALL
Mastercard
MA
$509B
| $563M | 0.15% |
1,981,000
+263,000
| +15% | +$87.2M |
|
95
CALL
Home Depot
HD
$335B
| $562M | 0.15% |
2,037,000
-413,000
| -17% | -$122M |
|
|
TWTR
96
PUT
DELISTED
Twitter, Inc.
TWTR
| $551M | 0.14% |
12,562,100
+2,286,400
| +22% | +$93.1M |
|
|
97
CALL
Qualcomm
QCOM
$169B
| $550M | 0.14% |
4,869,100
-1,178,600
| -19% | -$162M |
|
98
CALL
Palo Alto Networks
PANW
$292B
| $550M | 0.14% |
6,714,200
-856,600
| -11% | -$74.2M |
|
|
99
CALL
PayPal
PYPL
$52.7B
| $549M | 0.14% |
6,376,400
-1,641,800
| -20% | -$146M |
|
100
PUT
Wells Fargo
WFC
$254B
| $541M | 0.14% |
13,442,900
-1,922,400
| -13% | -$82.6M |
|
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.