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 | |
|---|---|---|---|---|---|---|
151
CALL
Starbucks
SBUX
$122B
| $430M | 0.11% |
4,335,100
-128,600
| -3% | -$12.1M |
|
152
CALL
Lam Research
LRCX
$393B
| $427M | 0.11% |
10,171,000
+3,504,000
| +53% | +$147M |
|
153
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $427M | 0.11% |
5,139,400
-788,200
| -13% | -$63.8M |
|
154
CALL
ConocoPhillips
COP
$162B
| $424M | 0.11% |
3,595,600
+820,000
| +30% | +$99.7M |
|
155
PUT
AbbVie
ABBV
$468B
| $423M | 0.11% |
2,614,800
+586,400
| +29% | +$89.9M |
|
156
CALL
PayPal
PYPL
$52.7B
| $422M | 0.11% |
5,923,500
-452,900
| -7% | -$36.2M |
|
157
PUT
Morgan Stanley
MS
$336B
| $416M | 0.11% |
4,887,500
-928,800
| -16% | -$79.2M |
|
158
PUT
Pfizer
PFE
$160B
| $414M | 0.1% |
8,078,700
-858,400
| -10% | -$41.2M |
|
159
PUT
Caterpillar
CAT
$381B
| $413M | 0.1% |
1,725,700
+77,400
| +5% | +$16.8M |
|
160
PUT
Walmart Inc
WMT
$825B
| $410M | 0.1% |
8,673,600
+393,000
| +5% | +$18.7M |
|
161
PUT
Qualcomm
QCOM
$169B
| $407M | 0.1% |
3,698,700
-1,719,600
| -32% | -$201M |
|
162
CALL
Intuit
INTU
$100B
| $406M | 0.1% |
1,043,300
+280,400
| +37% | +$111M |
|
163
American Express
AXP
$227B
| $401M | 0.1% |
2,716,923
+764,057
| +39% | +$113M |
|
164
PUT
Thermo Fisher Scientific
TMO
$233B
| $401M | 0.1% |
728,000
+121,500
| +20% | +$64.4M |
|
165
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $400M | 0.1% |
1,314,300
+495,000
| +60% | +$142M |
|
166
PUT
MongoDB
MDB
$34.7B
| $398M | 0.1% |
2,022,300
+1,349,700
| +201% | +$240M |
|
167
CALL
Charter Communications
CHTR
$17.9B
| $395M | 0.1% |
1,164,400
+594,700
| +104% | +$209M |
|
|
XYZ
168
PUT
Block Inc
XYZ
$49.4B
| $392M | 0.1% |
6,231,700
+1,975,700
| +46% | +$122M |
|
169
CALL
ASML
ASML
$677B
| $391M | 0.1% |
716,300
+130,200
| +22% | +$68.2M |
|
170
PUT
Mercado Libre
MELI
$97.5B
| $389M | 0.1% |
459,200
-133,700
| -23% | -$119M |
|
171
PUT
Ulta Beauty
ULTA
$22.4B
| $388M | 0.1% |
827,300
+124,900
| +18% | +$53.9M |
|
172
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $387M | 0.1% |
13,690,100
+2,985,200
| +28% | +$77.2M |
|
173
CALL
Cisco
CSCO
$438B
| $387M | 0.1% |
8,119,200
+2,658,500
| +49% | +$121M |
|
174
PUT
Salesforce
CRM
$171B
| $386M | 0.1% |
2,909,000
-806,600
| -22% | -$118M |
|
175
PUT
Blackrock
BLK
$179B
| $385M | 0.1% |
543,500
+34,200
| +7% | +$22.8M |
|
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.