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 | |
|---|---|---|---|---|---|---|
126
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $482M | 0.12% |
4,752,400
-756,000
| -14% | -$76.9M |
|
127
CALL
Qualcomm
QCOM
$169B
| $482M | 0.12% |
4,384,800
-484,300
| -10% | -$56.7M |
|
128
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $481M | 0.12% |
17,209,500
-2,324,000
| -12% | -$71M |
|
129
CALL
Morgan Stanley
MS
$336B
| $481M | 0.12% |
5,652,600
+148,700
| +3% | +$12.7M |
|
130
PUT
Humana
HUM
$45.5B
| $477M | 0.12% |
930,800
+381,700
| +70% | +$201M |
|
131
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $471M | 0.12% |
7,574,800
+3,411,000
| +82% | +$217M |
|
132
PUT
McDonald's
MCD
$192B
| $470M | 0.12% |
1,784,900
+20,900
| +1% | +$5.51M |
|
133
CALL
Palo Alto Networks
PANW
$292B
| $469M | 0.12% |
6,728,600
+14,400
| +0.2% | +$1.16M |
|
134
Berkshire Hathaway Class B
BRK.B
$1.06T
| $469M | 0.12% |
1,518,622
-294,481
| -16% | -$87.5M |
|
|
135
Alphabet (Google) Class A
GOOGL
$4.22T
| $468M | 0.12% |
5,300,474
-4,521,284
| -46% | -$430M |
|
136
CALL
Salesforce
CRM
$171B
| $466M | 0.12% |
3,515,300
+492,400
| +16% | +$71.9M |
|
137
CALL
Intel
INTC
$476B
| $466M | 0.12% |
17,632,700
+8,158,800
| +86% | +$227M |
|
138
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $463M | 0.12% |
642,400
-43,500
| -6% | -$32.1M |
|
139
CALL
Target
TGT
$75.1B
| $461M | 0.12% |
3,095,900
+70,200
| +2% | +$11M |
|
|
140
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $461M | 0.12% |
16,467,200
-3,748,000
| -19% | -$114M |
|
|
XYZ
141
CALL
Block Inc
XYZ
$49.4B
| $458M | 0.12% |
7,278,600
+2,128,400
| +41% | +$131M |
|
142
CALL
PepsiCo
PEP
$196B
| $454M | 0.11% |
2,512,000
+307,600
| +14% | +$54.9M |
|
143
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $452M | 0.11% |
13,202,700
+3,533,600
| +37% | +$120M |
|
144
CALL
Caterpillar
CAT
$381B
| $452M | 0.11% |
1,885,100
+819,100
| +77% | +$178M |
|
145
CALL
Walmart Inc
WMT
$825B
| $447M | 0.11% |
9,451,200
-7,202,400
| -43% | -$342M |
|
146
PUT
Shopify
SHOP
$192B
| $443M | 0.11% |
12,769,400
+116,200
| +0.9% | +$3.97M |
|
147
CALL
AT&T
T
$173B
| $438M | 0.11% |
23,778,400
+6,356,400
| +36% | +$114M |
|
148
CALL
Snowflake
SNOW
$115B
| $437M | 0.11% |
3,041,500
+1,236,100
| +68% | +$189M |
|
|
149
CALL
McDonald's
MCD
$192B
| $435M | 0.11% |
1,648,800
+140,800
| +9% | +$37.1M |
|
|
150
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $432M | 0.11% |
4,253,800
+576,200
| +16% | +$58.6M |
|
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.