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 | |
|---|---|---|---|---|---|---|
76
CALL
Eli Lilly
LLY
$1.12T
| $781M | 0.2% |
2,135,900
+59,500
| +3% | +$21.1M |
|
77
CALL
Chevron
CVX
$403B
| $781M | 0.2% |
4,350,800
-729,000
| -14% | -$127M |
|
78
PUT
UnitedHealth
UNH
$350B
| $748M | 0.19% |
1,410,300
-88,100
| -6% | -$46.7M |
|
79
CALL
Home Depot
HD
$335B
| $742M | 0.19% |
2,348,000
+311,000
| +15% | +$94.7M |
|
80
PUT
Palo Alto Networks
PANW
$292B
| $724M | 0.18% |
10,375,400
-136,600
| -1% | -$11M |
|
81
CALL
Moderna
MRNA
$57.9B
| $723M | 0.18% |
4,023,800
+2,196,200
| +120% | +$359M |
|
|
82
PUT
Eli Lilly
LLY
$1.12T
| $713M | 0.18% |
1,949,300
+155,000
| +9% | +$55M |
|
83
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $697M | 0.18% |
25,135,000
+3,245,000
| +15% | +$97M |
|
|
84
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $697M | 0.18% |
25,115,000
+3,805,000
| +18% | +$114M |
|
85
CALL
AbbVie
ABBV
$468B
| $670M | 0.17% |
4,146,700
+852,100
| +26% | +$131M |
|
86
CALL
Coca-Cola
KO
$392B
| $669M | 0.17% |
10,521,900
+1,148,300
| +12% | +$69.3M |
|
87
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $656M | 0.17% |
4,827,000
-1,834,700
| -28% | -$266M |
|
88
CALL
Lockheed Martin
LMT
$130B
| $648M | 0.16% |
1,332,600
+95,100
| +8% | +$44.2M |
|
89
CALL
Devon Energy
DVN
$54B
| $642M | 0.16% |
10,444,900
+3,732,500
| +56% | +$254M |
|
90
CALL
Pfizer
PFE
$160B
| $640M | 0.16% |
12,482,000
+759,000
| +6% | +$36.4M |
|
91
CALL
IBM
IBM
$222B
| $619M | 0.16% |
4,390,700
+46,700
| +1% | +$6.44M |
|
92
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $616M | 0.16% |
1,994,900
-132,600
| -6% | -$39.4M |
|
93
PUT
Mastercard
MA
$509B
| $616M | 0.16% |
1,772,100
+207,300
| +13% | +$68.2M |
|
94
CALL
ProShares UltraPro Short QQQ
SQQQ
$2.07B
| $610M | 0.15% |
451,956
-74,364
| -14% | -$95.9M |
|
95
PUT
Wells Fargo
WFC
$254B
| $605M | 0.15% |
14,647,700
+1,204,800
| +9% | +$53.3M |
|
96
PUT
Occidental Petroleum
OXY
$61.3B
| $599M | 0.15% |
9,508,600
+4,595,100
| +94% | +$313M |
|
97
CALL
Merck
MRK
$376B
| $588M | 0.15% |
5,303,700
+1,410,300
| +36% | +$144M |
|
|
98
PUT
IBM
IBM
$222B
| $586M | 0.15% |
4,152,000
+1,872,100
| +82% | +$258M |
|
|
99
CALL
Occidental Petroleum
OXY
$61.3B
| $582M | 0.15% |
9,232,100
-2,703,400
| -23% | -$184M |
|
100
PUT
ASML
ASML
$677B
| $580M | 0.15% |
1,062,100
+393,000
| +59% | +$206M |
|
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.