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 | |
|---|---|---|---|---|---|---|
151
CALL
Diamondback Energy
FANG
$59B
| $394M | 0.1% |
3,249,900
+1,682,400
| +107% | +$231M |
|
152
PUT
Micron Technology
MU
$1.09T
| $393M | 0.1% |
7,106,400
-2,325,000
| -25% | -$158M |
|
153
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $391M | 0.1% |
1,128,200
-131,900
| -10% | -$49.7M |
|
|
TWTR
154
PUT
DELISTED
Twitter, Inc.
TWTR
| $384M | 0.1% |
10,275,700
+5,257,300
| +105% | +$226M |
|
155
CALL
Lam Research
LRCX
$393B
| $377M | 0.09% |
8,857,000
-126,000
| -1% | -$6M |
|
156
PUT
Lockheed Martin
LMT
$130B
| $377M | 0.09% |
876,800
-642,900
| -42% | -$282M |
|
157
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $374M | 0.09% |
5,983,200
-2,670,000
| -31% | -$182M |
|
158
PUT
Blackrock
BLK
$179B
| $373M | 0.09% |
612,600
+120,300
| +24% | +$78.3M |
|
159
CALL
PepsiCo
PEP
$196B
| $372M | 0.09% |
2,234,800
-102,900
| -4% | -$17.3M |
|
160
CALL
Amgen
AMGN
$238B
| $368M | 0.09% |
1,513,800
+89,800
| +6% | +$22M |
|
161
PUT
Target
TGT
$75.1B
| $367M | 0.09% |
2,599,300
+398,800
| +18% | +$76.5M |
|
162
Zoom
ZM
$31.5B
| $367M | 0.09% |
3,398,340
+266,820
| +9% | +$28.1M |
|
163
PUT
AbbVie
ABBV
$468B
| $366M | 0.09% |
2,391,600
+626,000
| +35% | +$95.7M |
|
164
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $360M | 0.09% |
8,977,756
-2,465,710
| -22% | -$103M |
|
165
PUT
Verizon
VZ
$205B
| $359M | 0.09% |
7,065,300
-2,095,800
| -23% | -$106M |
|
166
PUT
AutoZone
AZO
$48.3B
| $358M | 0.09% |
166,800
+3,100
| +2% | +$6.38M |
|
167
CALL
S&P Global
SPGI
$127B
| $358M | 0.09% |
1,062,300
+423,700
| +66% | +$151M |
|
168
CALL
Moderna
MRNA
$57.9B
| $357M | 0.09% |
2,496,000
-1,663,200
| -40% | -$238M |
|
169
CALL
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $355M | 0.09% |
10,835,800
-6,312,000
| -37% | -$181M |
|
170
CALL
Starbucks
SBUX
$122B
| $352M | 0.09% |
4,604,100
+1,353,500
| +42% | +$104M |
|
171
CALL
GameStop
GME
$8.17B
| $351M | 0.09% |
11,438,400
-9,665,600
| -46% | -$307M |
|
172
CALL
Lowe's Companies
LOW
$121B
| $351M | 0.09% |
2,007,700
+394,200
| +24% | +$76M |
|
|
173
CALL
Micron Technology
MU
$1.09T
| $346M | 0.09% |
6,250,300
-1,110,300
| -15% | -$75.4M |
|
174
PUT
Merck
MRK
$376B
| $344M | 0.09% |
3,769,700
+707,600
| +23% | +$62.7M |
|
175
PUT
American Express
AXP
$227B
| $342M | 0.08% |
2,467,900
+1,018,300
| +70% | +$168M |
|
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.