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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.98B |
| 2 |
Meta Platforms (Facebook)
META
|
+$997M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$860M |
| 4 |
Workday
WDAY
|
+$691M |
| 5 |
Amazon
AMZN
|
+$616M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$498M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$420M |
| 3 |
FedEx
FDX
|
+$350M |
| 4 |
Vale
VALE
|
+$340M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.07% |
| 2 | Consumer Discretionary | 1.49% |
| 3 | Financials | 1.12% |
| 4 | Communication Services | 1.1% |
| 5 | Healthcare | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Qualcomm
QCOM
$169B
| $470M | 0.08% |
3,074,102
+532,494
| +21% | +$89.3M |
|
177
PUT
Target
TGT
$75.1B
| $467M | 0.08% |
2,200,500
-276,100
| -11% | -$59.7M |
|
|
178
CALL
Workday
WDAY
$49.4B
| $467M | 0.08% |
1,948,400
+832,900
| +75% | +$198M |
|
179
CALL
Coca-Cola
KO
$392B
| $465M | 0.08% |
7,500,400
-1,826,100
| -20% | -$111M |
|
180
PUT
ASML
ASML
$677B
| $459M | 0.08% |
687,900
+32,700
| +5% | +$21.9M |
|
181
CALL
Morgan Stanley
MS
$336B
| $456M | 0.08% |
5,212,700
-652,500
| -11% | -$63M |
|
182
PUT
Nike
NKE
$60.5B
| $454M | 0.08% |
3,373,400
-2,229,500
| -40% | -$313M |
|
183
CALL
Bristol-Myers Squibb
BMY
$137B
| $448M | 0.08% |
6,141,100
+503,200
| +9% | +$33.8M |
|
184
PUT
Zscaler
ZS
$29.4B
| $447M | 0.08% |
1,853,500
-499,000
| -21% | -$123M |
|
185
PUT
Cleveland-Cliffs
CLF
$6.43B
| $445M | 0.08% |
13,808,800
+5,112,000
| +59% | +$116M |
|
|
186
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $442M | 0.08% |
11,427,700
-10,224,500
| -47% | -$347M |
|
187
CALL
Union Pacific
UNP
$183B
| $441M | 0.08% |
1,615,800
+417,600
| +35% | +$105M |
|
188
PUT
Lam Research
LRCX
$393B
| $440M | 0.08% |
8,179,000
-3,090,000
| -27% | -$180M |
|
|
189
PUT
FedEx
FDX
$76.9B
| $436M | 0.08% |
1,886,300
-1,684,400
| -47% | -$396M |
|
190
PUT
Upstart Holdings
UPST
$2.95B
| $433M | 0.07% |
3,965,400
+1,674,400
| +73% | +$193M |
|
191
PUT
Strategy Inc
MSTR
$47.4B
| $431M | 0.07% |
8,869,000
+4,960,000
| +127% | +$215M |
|
192
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $431M | 0.07% |
5,422,000
-2,666,200
| -33% | -$209M |
|
|
193
CALL
FedEx
FDX
$76.9B
| $430M | 0.07% |
1,859,600
-1,513,900
| -45% | -$356M |
|
194
PUT
ServiceNow
NOW
$133B
| $425M | 0.07% |
3,816,500
-2,312,000
| -38% | -$259M |
|
195
CALL
TSMC
TSM
$2.17T
| $425M | 0.07% |
4,071,600
-166,000
| -4% | -$19.4M |
|
196
CALL
ARK Innovation ETF
ARKK
$6.72B
| $424M | 0.07% |
6,395,300
+2,105,300
| +49% | +$149M |
|
197
CALL
Coinbase
COIN
$49.2B
| $422M | 0.07% |
2,222,300
+731,700
| +49% | +$143M |
|
198
CALL
Freeport-McMoran
FCX
$110B
| $420M | 0.07% |
8,448,400
-5,619,300
| -40% | -$249M |
|
199
CALL
Texas Instruments
TXN
$241B
| $410M | 0.07% |
2,234,200
+636,400
| +40% | +$112M |
|
200
CALL
Snap
SNAP
$8.86B
| $410M | 0.07% |
11,381,900
-522,100
| -4% | -$18.9M |
|
Similar funds
Jeff Yass's Q1 2022 Portfolio in Review
As of Q1 2022, Jeff Yass held 14,706 positions worth $578B, down 13% from $667B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass withdrew a net $42.9B in Q1 2022, closing 1,835 positions and reducing 6,001 holdings. Its most notable exit was Xilinx Inc, an estimated $217M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $107M.
- Jeff Yass's largest Q1 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 1,089,723 shares worth $107M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $1.98B increase.
- Jeff Yass's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $498M.
- Jeff Yass fully exited Xilinx Inc in Q1 2022, selling an estimated $217M.
- Jeff Yass's ten largest holdings make up 34% of its $578B portfolio in Q1 2022.
- Jeff Yass opened 1,657 new positions and closed 1,835 in Q1 2022.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $578B.
Based on Susquehanna International Group's 13F filing for Q1 2022, filed 16 May 2022.