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 | |
|---|---|---|---|---|---|---|
126
CALL
UnitedHealth
UNH
$350B
| $643M | 0.11% |
1,260,000
-376,400
| -23% | -$182M |
|
127
PUT
Salesforce
CRM
$171B
| $639M | 0.11% |
3,010,900
-3,106,700
| -51% | -$669M |
|
128
CALL
Airbnb
ABNB
$110B
| $638M | 0.11% |
3,716,800
-671,800
| -15% | -$107M |
|
129
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $637M | 0.11% |
8,653,200
+4,008,900
| +86% | +$300M |
|
130
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $634M | 0.11% |
19,821,300
+4,921,100
| +33% | +$174M |
|
131
CALL
Target
TGT
$75.1B
| $634M | 0.11% |
2,985,200
-1,248,700
| -29% | -$270M |
|
132
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $628M | 0.11% |
21,571,200
+1,314,000
| +6% | +$37.8M |
|
|
133
CALL
Salesforce
CRM
$171B
| $622M | 0.11% |
2,928,600
-2,465,900
| -46% | -$531M |
|
134
NVIDIA
NVDA
$5.2T
| $619M | 0.11% |
22,691,790
-2,065,680
| -8% | -$51.8M |
|
135
CALL
Mastercard
MA
$509B
| $606M | 0.1% |
1,694,900
-1,282,200
| -43% | -$461M |
|
136
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $595M | 0.1% |
15,559,600
-1,530,000
| -9% | -$53M |
|
137
CALL
United States Oil Fund
USO
$2.24B
| $591M | 0.1% |
7,968,600
-3,538,600
| -31% | -$238M |
|
|
138
PUT
Workday
WDAY
$49.4B
| $589M | 0.1% |
2,459,100
+1,411,100
| +135% | +$336M |
|
139
CALL
Pfizer
PFE
$160B
| $589M | 0.1% |
11,373,100
-12,398,900
| -52% | -$643M |
|
140
CALL
IBM
IBM
$222B
| $588M | 0.1% |
4,450,400
-21,300
| -0.5% | -$2.78M |
|
141
CALL
Procter & Gamble
PG
$336B
| $587M | 0.1% |
3,839,100
-953,900
| -20% | -$149M |
|
142
Adobe
ADBE
$109B
| $576M | 0.1% |
1,263,982
+1,116,488
| +757% | +$537M |
|
143
CALL
Micron Technology
MU
$1.09T
| $573M | 0.1% |
7,360,600
-2,141,700
| -23% | -$183M |
|
144
Advanced Micro Devices
AMD
$773B
| $567M | 0.1% |
5,186,574
+3,716,406
| +253% | +$444M |
|
145
PUT
Chevron
CVX
$403B
| $566M | 0.1% |
3,473,900
-690,000
| -17% | -$99M |
|
146
PUT
CrowdStrike
CRWD
$195B
| $564M | 0.1% |
9,929,600
-2,024,000
| -17% | -$94.3M |
|
147
PUT
Snowflake
SNOW
$115B
| $557M | 0.1% |
2,428,800
+612,000
| +34% | +$158M |
|
|
148
PUT
UnitedHealth
UNH
$350B
| $553M | 0.1% |
1,083,800
-394,700
| -27% | -$190M |
|
|
149
PUT
Pfizer
PFE
$160B
| $550M | 0.1% |
10,619,200
-5,124,700
| -33% | -$266M |
|
|
150
CALL
Snowflake
SNOW
$115B
| $542M | 0.09% |
2,364,800
+9,700
| +0.4% | +$2.51M |
|
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.