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 | |
|---|---|---|---|---|---|---|
1051
PUT
Nutrien
NTR
$35.5B
| $37.1M | 0.01% |
507,800
+185,300
| +57% | +$14.6M |
|
|
FISV
1052
Fiserv Inc
FISV
$28.2B
| $37M | 0.01% |
365,823
+120,871
| +49% | +$12M |
|
|
K
1053
CALL
DELISTED
Kellanova
K
| $36.9M | 0.01% |
552,309
+60,811
| +12% | +$4.13M |
|
1054
CALL
Chord Energy
CHRD
$7.91B
| $36.9M | 0.01% |
270,000
+88,700
| +49% | +$13M |
|
1055
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$107M
| $36.9M | 0.01% |
2,680,200
-20,200
| -0.7% | -$185K |
|
1056
PUT
Annaly Capital Management
NLY
$17.5B
| $36.7M | 0.01% |
1,742,700
+294,600
| +20% | +$5.8M |
|
1057
PUT
eBay
EBAY
$47.7B
| $36.7M | 0.01% |
885,600
-822,200
| -48% | -$34.1M |
|
1058
CALL
MGM Resorts International
MGM
$11B
| $36.6M | 0.01% |
1,092,000
-535,200
| -33% | -$18.5M |
|
1059
PUT
Cenovus Energy
CVE
$59.3B
| $36.6M | 0.01% |
1,886,100
+28,400
| +2% | +$545K |
|
1060
CALL
MP Materials
MP
$10.2B
| $36.6M | 0.01% |
1,507,700
+851,800
| +130% | +$25.8M |
|
1061
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$407M
| $36.6M | 0.01% |
10,294
+2,232
| +28% | +$17.4M |
|
1062
PUT
L3Harris
LHX
$48.9B
| $36.6M | 0.01% |
175,600
+13,200
| +8% | +$2.98M |
|
1063
PUT
TFI International
TFII
$11.2B
| $36.5M | 0.01% |
363,600
+32,700
| +10% | +$3.26M |
|
1064
Becton Dickinson
BDX
$52B
| $36.5M | 0.01% |
143,453
+123,082
| +604% | +$29.1M |
|
1065
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $36.5M | 0.01% |
759,700
-59,300
| -7% | -$2.9M |
|
1066
CALL
Plains All American Pipeline
PAA
$17.6B
| $36.4M | 0.01% |
3,098,700
-182,300
| -6% | -$2.16M |
|
1067
CALL
Teva Pharmaceuticals
TEVA
$43B
| $36.4M | 0.01% |
3,994,300
+434,700
| +12% | +$3.79M |
|
1068
CALL
Cognizant
CTSH
$28B
| $36.3M | 0.01% |
635,000
+433,200
| +215% | +$25.4M |
|
1069
Futu Holdings
FUTU
$16.2B
| $36.2M | 0.01% |
890,817
+7,143
| +0.8% | +$349K |
|
1070
CALL
PACCAR
PCAR
$68.4B
| $36.2M | 0.01% |
547,950
+222,300
| +68% | +$14.5M |
|
1071
CALL
ProShares Ultra S&P500
SSO
$8.36B
| $36.1M | 0.01% |
1,626,000
+352,800
| +28% | +$8M |
|
1072
PUT
Global Payments
GPN
$25B
| $36.1M | 0.01% |
363,300
+10,100
| +3% | +$1.05M |
|
1073
CALL
Affirm
AFRM
$25.7B
| $35.9M | 0.01% |
3,715,400
+231,000
| +7% | +$3.48M |
|
|
SIVB
1074
CALL
DELISTED
SVB Financial Group
SIVB
| $35.9M | 0.01% |
156,000
+61,900
| +66% | +$15.4M |
|
1075
CALL
Aon
AON
$76.2B
| $35.8M | 0.01% |
119,400
+4,800
| +4% | +$1.4M |
|
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.