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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.98B |
| 2 |
Meta Platforms (Facebook)
META
|
+$997M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$860M |
| 4 |
Workday
WDAY
|
+$691M |
| 5 |
Amazon
AMZN
|
+$616M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$498M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$420M |
| 3 |
FedEx
FDX
|
+$350M |
| 4 |
Vale
VALE
|
+$340M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.07% |
| 2 | Consumer Discretionary | 1.49% |
| 3 | Financials | 1.12% |
| 4 | Communication Services | 1.1% |
| 5 | Healthcare | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
CALL
Goldman Sachs
GS
$303B
| $758M | 0.13% |
2,295,800
-492,400
| -18% | -$174M |
|
102
PUT
United States Oil Fund
USO
$2.24B
| $754M | 0.13% |
10,178,500
+883,500
| +10% | +$59.4M |
|
103
CALL
AbbVie
ABBV
$468B
| $750M | 0.13% |
4,626,800
-117,500
| -2% | -$17.1M |
|
104
PUT
Micron Technology
MU
$1.09T
| $735M | 0.13% |
9,431,400
-3,084,100
| -25% | -$263M |
|
105
PUT
AT&T
T
$173B
| $731M | 0.13% |
40,943,376
-785,662
| -2% | -$14.5M |
|
106
PUT
ProShares UltraPro QQQ
TQQQ
$35.7B
| $725M | 0.13% |
24,933,400
-16,713,000
| -40% | -$480M |
|
107
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $720M | 0.12% |
15,957,000
+3,693,200
| +30% | +$174M |
|
|
108
AT&T
T
$173B
| $719M | 0.12% |
40,291,192
-4,873,659
| -11% | -$90.2M |
|
109
CALL
Moderna
MRNA
$57.9B
| $716M | 0.12% |
4,159,200
-1,180,500
| -22% | -$199M |
|
110
CALL
Broadcom
AVGO
$1.75T
| $710M | 0.12% |
11,282,000
-2,577,000
| -19% | -$153M |
|
|
111
Workday
WDAY
$49.4B
| $703M | 0.12% |
2,937,014
+2,900,775
| +8,005% | +$691M |
|
112
CALL
Verizon
VZ
$205B
| $703M | 0.12% |
13,648,800
+3,718,300
| +37% | +$197M |
|
113
CALL
Wells Fargo
WFC
$254B
| $703M | 0.12% |
14,502,400
-4,789,300
| -25% | -$256M |
|
114
PUT
Airbnb
ABNB
$110B
| $702M | 0.12% |
4,084,500
-168,000
| -4% | -$26.8M |
|
115
Booking.com
BKNG
$158B
| $693M | 0.12% |
7,379,250
+3,491,925
| +90% | +$326M |
|
116
PUT
TSMC
TSM
$2.17T
| $689M | 0.12% |
6,611,100
+63,600
| +1% | +$7.44M |
|
117
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $686M | 0.12% |
21,690,000
-15,240,000
| -41% | -$459M |
|
118
PUT
GameStop
GME
$8.17B
| $673M | 0.12% |
16,128,400
+4,438,800
| +38% | +$131M |
|
119
CALL
Nike
NKE
$60.5B
| $672M | 0.12% |
4,994,500
-509,300
| -9% | -$71.6M |
|
120
PUT
Lockheed Martin
LMT
$130B
| $671M | 0.12% |
1,519,700
+95,200
| +7% | +$38.6M |
|
121
PUT
Freeport-McMoran
FCX
$110B
| $671M | 0.12% |
13,482,000
-4,402,600
| -25% | -$195M |
|
|
122
PUT
Moderna
MRNA
$57.9B
| $670M | 0.12% |
3,888,500
-1,225,800
| -24% | -$206M |
|
123
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $663M | 0.11% |
4,924,200
-5,507,800
| -53% | -$634M |
|
|
124
CALL
AT&T
T
$173B
| $651M | 0.11% |
36,468,786
+8,778,385
| +32% | +$162M |
|
125
CALL
Uber
UBER
$161B
| $646M | 0.11% |
18,115,100
-13,065,500
| -42% | -$470M |
|
Similar funds
Jeff Yass's Q1 2022 Portfolio in Review
As of Q1 2022, Jeff Yass held 14,706 positions worth $578B, down 13% from $667B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass withdrew a net $42.9B in Q1 2022, closing 1,835 positions and reducing 6,001 holdings. Its most notable exit was Xilinx Inc, an estimated $217M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $107M.
- Jeff Yass's largest Q1 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 1,089,723 shares worth $107M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $1.98B increase.
- Jeff Yass's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $498M.
- Jeff Yass fully exited Xilinx Inc in Q1 2022, selling an estimated $217M.
- Jeff Yass's ten largest holdings make up 34% of its $578B portfolio in Q1 2022.
- Jeff Yass opened 1,657 new positions and closed 1,835 in Q1 2022.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $578B.
Based on Susquehanna International Group's 13F filing for Q1 2022, filed 16 May 2022.