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 | |
|---|---|---|---|---|---|---|
101
CALL
Enphase Energy
ENPH
$5.1B
| $573M | 0.14% |
2,161,100
+452,100
| +26% | +$132M |
|
102
CALL
Johnson & Johnson
JNJ
$651B
| $571M | 0.14% |
3,231,800
-1,786,500
| -36% | -$308M |
|
|
103
PUT
Enphase Energy
ENPH
$5.1B
| $562M | 0.14% |
2,119,200
+596,000
| +39% | +$173M |
|
104
PUT
Broadcom
AVGO
$1.75T
| $553M | 0.14% |
9,884,000
+9,000
| +0.1% | +$451K |
|
105
CALL
iShares Silver Trust
SLV
$33.8B
| $550M | 0.14% |
24,967,000
+1,126,700
| +5% | +$22.1M |
|
106
PUT
Adobe
ADBE
$109B
| $550M | 0.14% |
1,633,100
-323,700
| -17% | -$104M |
|
|
107
Booking.com
BKNG
$158B
| $548M | 0.14% |
6,802,225
+4,203,225
| +162% | +$319M |
|
|
108
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $540M | 0.14% |
12,348,770
+6,202,968
| +101% | +$270M |
|
|
109
CALL
Citigroup
C
$221B
| $537M | 0.14% |
11,862,000
-2,226,200
| -16% | -$101M |
|
|
110
PUT
Johnson & Johnson
JNJ
$651B
| $534M | 0.14% |
3,023,900
+506,200
| +20% | +$87.4M |
|
|
111
Citigroup
C
$221B
| $528M | 0.13% |
11,662,819
-10,281,985
| -47% | -$467M |
|
112
NVIDIA
NVDA
$5.2T
| $522M | 0.13% |
35,720,150
-28,404,460
| -44% | -$417M |
|
113
CALL
Pinduoduo
PDD
$126B
| $517M | 0.13% |
6,344,200
+2,119,200
| +50% | +$148M |
|
114
PUT
Moderna
MRNA
$57.9B
| $512M | 0.13% |
2,847,900
+535,900
| +23% | +$87.6M |
|
115
CALL
TSMC
TSM
$2.17T
| $504M | 0.13% |
6,771,400
+3,286,700
| +94% | +$238M |
|
116
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $502M | 0.13% |
5,107,400
+3,270,300
| +178% | +$311M |
|
117
PUT
Coca-Cola
KO
$392B
| $501M | 0.13% |
7,879,300
-1,368,700
| -15% | -$82.6M |
|
118
CALL
Mercado Libre
MELI
$97.5B
| $500M | 0.13% |
590,600
+43,900
| +8% | +$39.1M |
|
119
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $498M | 0.13% |
689,700
+38,900
| +6% | +$28.7M |
|
120
PUT
Lockheed Martin
LMT
$130B
| $496M | 0.13% |
1,019,000
+35,900
| +4% | +$16.7M |
|
121
CALL
Wells Fargo
WFC
$254B
| $495M | 0.13% |
11,983,700
+2,416,400
| +25% | +$107M |
|
122
PUT
Chevron
CVX
$403B
| $491M | 0.12% |
2,735,800
-346,900
| -11% | -$60.5M |
|
123
PUT
Visa
V
$693B
| $491M | 0.12% |
2,362,900
-163,600
| -6% | -$33M |
|
124
CALL
First Solar
FSLR
$23B
| $490M | 0.12% |
3,270,000
+679,400
| +26% | +$101M |
|
125
CALL
T-Mobile US
TMUS
$196B
| $483M | 0.12% |
3,452,400
+181,400
| +6% | +$26.1M |
|
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.