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 | |
|---|---|---|---|---|---|---|
101
CALL
PayPal
PYPL
$52.7B
| $560M | 0.14% |
8,018,200
-4,876,100
| -38% | -$423M |
|
102
CALL
Lockheed Martin
LMT
$130B
| $549M | 0.14% |
1,276,600
-691,000
| -35% | -$303M |
|
103
PUT
Mastercard
MA
$509B
| $546M | 0.13% |
1,729,500
+273,300
| +19% | +$94.1M |
|
104
CALL
Procter & Gamble
PG
$336B
| $544M | 0.13% |
3,779,900
-59,200
| -2% | -$8.9M |
|
|
105
CALL
Mastercard
MA
$509B
| $542M | 0.13% |
1,718,000
+23,100
| +1% | +$7.96M |
|
106
PUT
Salesforce
CRM
$171B
| $534M | 0.13% |
3,235,100
+224,200
| +7% | +$39.6M |
|
107
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $532M | 0.13% |
4,456,300
+2,108,200
| +90% | +$296M |
|
108
PUT
Zoom
ZM
$31.5B
| $529M | 0.13% |
4,895,500
-2,058,100
| -30% | -$217M |
|
109
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $522M | 0.13% |
7,092,000
+2,293,900
| +48% | +$178M |
|
110
PUT
Qualcomm
QCOM
$169B
| $520M | 0.13% |
4,074,600
-3,140,500
| -44% | -$426M |
|
111
PUT
Chevron
CVX
$403B
| $519M | 0.13% |
3,586,300
+112,400
| +3% | +$18.6M |
|
112
PUT
Broadcom
AVGO
$1.75T
| $518M | 0.13% |
10,660,000
-7,892,000
| -43% | -$443M |
|
113
CALL
McDonald's
MCD
$192B
| $516M | 0.13% |
2,089,700
+64,800
| +3% | +$16M |
|
114
PUT
Home Depot
HD
$335B
| $508M | 0.13% |
1,852,400
-1,453,500
| -44% | -$429M |
|
|
115
PUT
McDonald's
MCD
$192B
| $504M | 0.12% |
2,040,800
+524,300
| +35% | +$129M |
|
116
PUT
Pfizer
PFE
$160B
| $495M | 0.12% |
9,432,200
-1,187,000
| -11% | -$60.5M |
|
|
117
CALL
Zoom
ZM
$31.5B
| $494M | 0.12% |
4,574,500
-2,476,300
| -35% | -$261M |
|
118
CALL
Visa
V
$693B
| $492M | 0.12% |
2,497,300
-3,266,700
| -57% | -$675M |
|
119
PUT
FedEx
FDX
$76.9B
| $486M | 0.12% |
2,145,200
+258,900
| +14% | +$55.2M |
|
120
NVIDIA
NVDA
$5.2T
| $486M | 0.12% |
32,056,660
+9,364,870
| +41% | +$177M |
|
121
CALL
Merck
MRK
$376B
| $481M | 0.12% |
5,277,900
+437,300
| +9% | +$38.8M |
|
122
CALL
Wells Fargo
WFC
$254B
| $475M | 0.12% |
12,135,300
-2,367,100
| -16% | -$104M |
|
|
123
PUT
AT&T
T
$173B
| $474M | 0.12% |
22,633,000
-18,310,376
| -45% | -$365M |
|
|
124
CALL
Salesforce
CRM
$171B
| $472M | 0.12% |
2,857,100
-71,500
| -2% | -$12.6M |
|
|
125
PUT
PayPal
PYPL
$52.7B
| $471M | 0.12% |
6,751,000
-3,262,800
| -33% | -$283M |
|
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.