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 | |
|---|---|---|---|---|---|---|
101
PUT
Adobe
ADBE
$109B
| $539M | 0.14% |
1,956,800
+783,800
| +67% | +$297M |
|
102
CALL
Boeing
BA
$169B
| $538M | 0.14% |
4,443,100
-2,569,500
| -37% | -$394M |
|
103
CALL
Advanced Micro Devices
AMD
$773B
| $536M | 0.14% |
8,463,000
-4,247,700
| -33% | -$362M |
|
104
PUT
Salesforce
CRM
$171B
| $534M | 0.14% |
3,715,600
+480,500
| +15% | +$81.5M |
|
105
CALL
Cigna
CI
$73.3B
| $533M | 0.14% |
1,921,100
+405,400
| +27% | +$114M |
|
106
PUT
First Solar
FSLR
$23B
| $533M | 0.14% |
4,029,800
+2,151,000
| +114% | +$230M |
|
107
Microsoft
MSFT
$3.59T
| $529M | 0.14% |
2,270,640
-166,893
| -7% | -$44.1M |
|
108
CALL
Coca-Cola
KO
$392B
| $525M | 0.14% |
9,373,600
+303,000
| +3% | +$18.8M |
|
|
109
PUT
Coca-Cola
KO
$392B
| $518M | 0.13% |
9,248,000
+4,751,900
| +106% | +$295M |
|
110
CALL
IBM
IBM
$222B
| $516M | 0.13% |
4,344,000
+1,297,900
| +43% | +$170M |
|
111
CALL
Pfizer
PFE
$160B
| $513M | 0.13% |
11,723,000
+302,400
| +3% | +$14.7M |
|
112
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $510M | 0.13% |
5,508,400
-3,575,000
| -39% | -$390M |
|
113
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $501M | 0.13% |
16,502,659
+9,001,670
| +120% | +$298M |
|
114
CALL
Walt Disney
DIS
$186B
| $499M | 0.13% |
5,285,800
-923,600
| -15% | -$98.8M |
|
115
PUT
Mercado Libre
MELI
$97.5B
| $491M | 0.13% |
592,900
-78,200
| -12% | -$67.2M |
|
116
PUT
Airbnb
ABNB
$110B
| $490M | 0.13% |
4,661,200
+1,097,400
| +31% | +$122M |
|
117
Berkshire Hathaway Class B
BRK.B
$1.06T
| $484M | 0.13% |
1,813,103
+961,108
| +113% | +$273M |
|
118
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $479M | 0.12% |
1,459,900
+331,700
| +29% | +$121M |
|
119
CALL
Lockheed Martin
LMT
$130B
| $478M | 0.12% |
1,237,500
-39,100
| -3% | -$16.3M |
|
120
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $478M | 0.12% |
4,662,524
+4,139,895
| +792% | +$456M |
|
121
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $477M | 0.12% |
4,657,261
+3,235,994
| +228% | +$364M |
|
122
CALL
Enphase Energy
ENPH
$5.1B
| $474M | 0.12% |
1,709,000
+155,300
| +10% | +$41.9M |
|
|
123
Walt Disney
DIS
$186B
| $474M | 0.12% |
5,023,573
+3,251,045
| +183% | +$348M |
|
124
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $472M | 0.12% |
685,900
+241,500
| +54% | +$152M |
|
125
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $470M | 0.12% |
5,927,600
+1,835,200
| +45% | +$155M |
|
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.