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
|
+$1.21B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$1.12B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
| 4 |
Meta Platforms (Facebook)
META
|
+$598M |
| 5 |
NVIDIA
NVDA
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$799M |
| 2 |
Etsy
ETSY
|
+$246M |
| 3 |
Zoom
ZM
|
+$241M |
| 4 |
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
|
+$151M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.87% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Communication Services | 1.09% |
| 4 | Financials | 1.07% |
| 5 | Energy | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $401M | 0.1% |
5,621,600
-1,470,400
| -21% | -$111M |
|
152
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $398M | 0.1% |
6,702,600
+1,747,000
| +35% | +$119M |
|
|
TWTR
153
CALL
DELISTED
Twitter, Inc.
TWTR
| $395M | 0.1% |
9,000,100
+1,884,400
| +26% | +$76.7M |
|
154
Qualcomm
QCOM
$169B
| $393M | 0.1% |
3,477,311
+1,544,078
| +80% | +$212M |
|
155
PUT
Pfizer
PFE
$160B
| $391M | 0.1% |
8,937,100
-495,100
| -5% | -$24.1M |
|
156
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $390M | 0.1% |
3,127,300
-1,329,000
| -30% | -$175M |
|
157
CALL
Biogen
BIIB
$32B
| $387M | 0.1% |
1,448,400
+511,700
| +55% | +$109M |
|
158
CALL
Wells Fargo
WFC
$254B
| $385M | 0.1% |
9,567,300
-2,568,000
| -21% | -$110M |
|
159
PUT
AutoZone
AZO
$48.3B
| $380M | 0.1% |
177,500
+10,700
| +6% | +$23.3M |
|
160
PUT
Lockheed Martin
LMT
$130B
| $380M | 0.1% |
983,100
+106,300
| +12% | +$44.4M |
|
161
CALL
Starbucks
SBUX
$122B
| $376M | 0.1% |
4,463,700
-140,400
| -3% | -$11.9M |
|
162
PUT
AT&T
T
$173B
| $362M | 0.09% |
23,588,900
+955,900
| +4% | +$17.4M |
|
|
163
CALL
Zoom
ZM
$31.5B
| $360M | 0.09% |
4,894,800
+320,300
| +7% | +$30.5M |
|
164
CALL
PepsiCo
PEP
$196B
| $360M | 0.09% |
2,204,400
-30,400
| -1% | -$5.24M |
|
165
CALL
Airbnb
ABNB
$110B
| $359M | 0.09% |
3,413,300
+458,800
| +16% | +$50.8M |
|
166
PUT
Walmart Inc
WMT
$825B
| $358M | 0.09% |
8,280,600
-123,300
| -1% | -$5.4M |
|
|
167
PUT
Starbucks
SBUX
$122B
| $356M | 0.09% |
4,226,100
+1,115,900
| +36% | +$94.8M |
|
168
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $351M | 0.09% |
14,556,600
+5,342,800
| +58% | +$135M |
|
169
PUT
FedEx
FDX
$76.9B
| $350M | 0.09% |
2,357,700
+212,500
| +10% | +$44.8M |
|
170
CALL
McDonald's
MCD
$192B
| $348M | 0.09% |
1,508,000
-581,700
| -28% | -$149M |
|
171
CALL
First Solar
FSLR
$23B
| $343M | 0.09% |
2,590,600
+1,220,900
| +89% | +$131M |
|
172
PUT
Shopify
SHOP
$192B
| $341M | 0.09% |
12,653,200
-6,481,400
| -34% | -$220M |
|
173
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $340M | 0.09% |
3,677,600
+827,200
| +29% | +$90.2M |
|
174
PUT
Procter & Gamble
PG
$336B
| $336M | 0.09% |
2,664,200
+661,300
| +33% | +$93.9M |
|
175
PUT
Cigna
CI
$73.3B
| $336M | 0.09% |
1,211,000
+182,100
| +18% | +$51.2M |
|
Similar funds
Jeff Yass's Q3 2022 Portfolio in Review
As of Q3 2022, Jeff Yass held 14,936 positions worth $387B, down 4.3% from $404B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q3 2022 filing shows 2,167 new, 5,455 increased, 5,274 reduced and 1,852 closed positions. Its largest new stake was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M. The largest sale was Tesla, an estimated $799M.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.8% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q3 2022 buy was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M.
- Jeff Yass added most to Amazon in Q3 2022, an estimated $1.21B increase.
- Jeff Yass's biggest Q3 2022 reduction was Tesla, cutting an estimated $799M.
- Jeff Yass fully exited Pershing Square Tontine Holdings, Ltd. in Q3 2022, selling an estimated $151M.
- Jeff Yass's ten largest holdings make up 32% of its $387B portfolio in Q3 2022.
- Jeff Yass opened 2,167 new positions and closed 1,852 in Q3 2022.
- Jeff Yass's portfolio value fell 4.3% quarter-over-quarter to $387B.
Based on Susquehanna International Group's 13F filing for Q3 2022, filed 14 Nov 2022.