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 | |
|---|---|---|---|---|---|---|
176
PUT
Walmart Inc
WMT
$825B
| $341M | 0.08% |
8,403,900
+196,800
| +2% | +$9.08M |
|
177
CALL
T-Mobile US
TMUS
$196B
| $340M | 0.08% |
2,524,100
+21,400
| +0.9% | +$2.79M |
|
178
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $334M | 0.08% |
4,464,400
-1,288,600
| -22% | -$96.7M |
|
179
PUT
Moderna
MRNA
$57.9B
| $332M | 0.08% |
2,324,300
-1,564,200
| -40% | -$224M |
|
180
CALL
iShares Silver Trust
SLV
$33.8B
| $331M | 0.08% |
17,765,300
-5,001,100
| -22% | -$104M |
|
181
CALL
Nike
NKE
$60.5B
| $331M | 0.08% |
3,240,100
-1,754,400
| -35% | -$207M |
|
182
PUT
Etsy
ETSY
$7.44B
| $329M | 0.08% |
4,490,500
+3,273,000
| +269% | +$299M |
|
183
CALL
TSMC
TSM
$2.17T
| $327M | 0.08% |
4,000,800
-70,800
| -2% | -$6.55M |
|
184
CALL
United Parcel Service
UPS
$86.8B
| $325M | 0.08% |
1,779,800
-122,900
| -6% | -$22.4M |
|
185
PUT
Strategy Inc
MSTR
$47.4B
| $322M | 0.08% |
19,627,000
+10,758,000
| +121% | +$311M |
|
|
XYZ
186
PUT
Block Inc
XYZ
$49.4B
| $321M | 0.08% |
5,228,700
-4,412,800
| -46% | -$403M |
|
187
CALL
Union Pacific
UNP
$183B
| $321M | 0.08% |
1,506,200
-109,600
| -7% | -$24.9M |
|
188
CALL
EOG Resources
EOG
$80.3B
| $321M | 0.08% |
2,907,300
+612,600
| +27% | +$76M |
|
189
CALL
FedEx
FDX
$76.9B
| $319M | 0.08% |
1,408,100
-451,500
| -24% | -$96.3M |
|
190
PUT
Airbnb
ABNB
$110B
| $317M | 0.08% |
3,563,800
-520,700
| -13% | -$67.8M |
|
191
CALL
ServiceNow
NOW
$133B
| $317M | 0.08% |
3,333,000
-924,500
| -22% | -$88.1M |
|
192
PUT
Snowflake
SNOW
$115B
| $315M | 0.08% |
2,267,100
-161,700
| -7% | -$25.6M |
|
193
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $315M | 0.08% |
4,955,600
-466,400
| -9% | -$32.5M |
|
194
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $313M | 0.08% |
11,416,100
-12,241,100
| -52% | -$405M |
|
|
195
PUT
ServiceNow
NOW
$133B
| $313M | 0.08% |
3,286,000
-530,500
| -14% | -$50.6M |
|
196
PUT
Lam Research
LRCX
$393B
| $308M | 0.08% |
7,223,000
-956,000
| -12% | -$45.5M |
|
197
CALL
ConocoPhillips
COP
$162B
| $307M | 0.08% |
3,415,900
+1,106,800
| +48% | +$114M |
|
|
198
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $306M | 0.08% |
4,092,400
-6,600
| -0.2% | -$495K |
|
|
199
CALL
Snowflake
SNOW
$115B
| $304M | 0.08% |
2,189,200
-175,600
| -7% | -$27.8M |
|
|
200
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $304M | 0.08% |
4,787,800
+931,200
| +24% | +$64.9M |
|
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.