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 | |
|---|---|---|---|---|---|---|
126
CALL
United States Oil Fund
USO
$2.24B
| $471M | 0.12% |
5,860,100
-2,108,500
| -26% | -$171M |
|
127
CALL
Bristol-Myers Squibb
BMY
$137B
| $471M | 0.12% |
6,112,600
-28,500
| -0.5% | -$2.17M |
|
128
CALL
Walmart Inc
WMT
$825B
| $470M | 0.12% |
11,598,600
-7,268,100
| -39% | -$335M |
|
129
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $468M | 0.12% |
13,691,500
+12,905,000
| +1,641% | +$403M |
|
130
PUT
SPDR Gold Trust
GLD
$152B
| $466M | 0.12% |
2,767,800
+76,500
| +3% | +$13.4M |
|
|
XYZ
131
CALL
Block Inc
XYZ
$49.4B
| $464M | 0.11% |
7,554,300
-3,160,200
| -29% | -$289M |
|
132
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $442M | 0.11% |
16,900,000
-12,430,000
| -42% | -$346M |
|
|
133
Meta Platforms (Facebook)
META
$1.4T
| $434M | 0.11% |
2,690,665
-2,494,416
| -48% | -$481M |
|
134
CALL
American Express
AXP
$227B
| $433M | 0.11% |
3,121,900
+2,014,500
| +182% | +$333M |
|
135
CALL
IBM
IBM
$222B
| $430M | 0.11% |
3,046,100
-1,404,300
| -32% | -$190M |
|
136
PUT
Adobe
ADBE
$109B
| $429M | 0.11% |
1,173,000
-1,370,500
| -54% | -$558M |
|
137
PUT
Nike
NKE
$60.5B
| $429M | 0.11% |
4,201,100
+827,700
| +25% | +$97.9M |
|
138
PUT
Mercado Libre
MELI
$97.5B
| $427M | 0.11% |
671,100
-518,400
| -44% | -$452M |
|
139
CALL
Target
TGT
$75.1B
| $425M | 0.11% |
3,012,100
+26,900
| +0.9% | +$5.16M |
|
140
PUT
GameStop
GME
$8.17B
| $425M | 0.11% |
13,847,200
-2,281,200
| -14% | -$72.6M |
|
141
PUT
Eli Lilly
LLY
$1.12T
| $420M | 0.1% |
1,295,600
+134,600
| +12% | +$40.4M |
|
|
142
CALL
Eli Lilly
LLY
$1.12T
| $419M | 0.1% |
1,292,600
-8,400
| -0.6% | -$2.52M |
|
|
143
Alphabet (Google) Class C
GOOG
$4.18T
| $413M | 0.1% |
3,780,400
+1,219,340
| +48% | +$144M |
|
144
CALL
Intel
INTC
$476B
| $413M | 0.1% |
11,042,300
-4,615,700
| -29% | -$200M |
|
145
PUT
Morgan Stanley
MS
$336B
| $413M | 0.1% |
5,430,200
-560,700
| -9% | -$45.9M |
|
146
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $408M | 0.1% |
7,021,400
+86,900
| +1% | +$5.43M |
|
147
PUT
Visa
V
$693B
| $402M | 0.1% |
2,042,700
-1,673,000
| -45% | -$346M |
|
148
CALL
ProShares UltraPro Short QQQ
SQQQ
$2.07B
| $401M | 0.1% |
272,464
+122,212
| +81% | +$151M |
|
|
149
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $401M | 0.1% |
11,728,700
+9,861,400
| +528% | +$308M |
|
150
CALL
Cigna
CI
$73.3B
| $399M | 0.1% |
1,515,700
+28,500
| +2% | +$7.34M |
|
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.