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 | Miscellaneous | 91.29% |
| 2 | Technology | 2.06% |
| 3 | Consumer Discretionary | 1.55% |
| 4 | Financials | 1.15% |
| 5 | Healthcare | 0.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CYBR
2001
PUT
DELISTED
CyberArk
CYBR
| $12.1M | ﹤0.01% |
93,500
-21,600
| -19% | -$3.12M |
|
2002
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$110M
| $12.1M | ﹤0.01% |
60,920
+53,120
| +681% | +$10.4M |
|
|
FITB
2003
PUT
Fifth Third Bancorp
FITB
$49.7B
| $12.1M | ﹤0.01% |
368,900
-49,500
| -12% | -$1.69M |
|
2004
CALL
e.l.f. Beauty
ELF
$6.26B
| $12.1M | ﹤0.01% |
218,600
-25,300
| -10% | -$1.24M |
|
2005
Wheaton Precious Metals
WPM
$71.8B
| $12.1M | ﹤0.01% |
309,218
-601,147
| -66% | -$21.7M |
|
2006
CALL
Elastic
ESTC
$8.7B
| $12.1M | ﹤0.01% |
234,100
-1,000
| -0.4% | -$59.9K |
|
2007
PUT
Camping World
CWH
$410M
| $12M | ﹤0.01% |
539,100
-229,200
| -30% | -$5.95M |
|
2008
PUT
Rockwell Automation
ROK
$48.1B
| $12M | ﹤0.01% |
46,700
-24,800
| -35% | -$6.23M |
|
2009
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.8B
| $12M | ﹤0.01% |
257,512
+201,038
| +356% | +$9.58M |
|
2010
CALL
Charles River Laboratories
CRL
$14.2B
| $12M | ﹤0.01% |
55,100
+11,000
| +25% | +$2.4M |
|
2011
Northern Oil and Gas
NOG
$2.78B
| $12M | ﹤0.01% |
389,546
+71,126
| +22% | +$2.39M |
|
2012
Oneok
OKE
$59.7B
| $12M | ﹤0.01% |
182,672
+59,229
| +48% | +$3.64M |
|
2013
PUT
Olin
OLN
$1.97B
| $12M | ﹤0.01% |
226,700
-49,300
| -18% | -$2.62M |
|
2014
PUT
iShares Select Dividend ETF
DVY
$23.8B
| $12M | ﹤0.01% |
99,500
-68,800
| -41% | -$8.14M |
|
2015
PUT
C.H. Robinson
CHRW
$17.7B
| $12M | ﹤0.01% |
131,000
-78,400
| -37% | -$7.47M |
|
2016
PUT
Ferguson
FERG
$45.1B
| $12M | ﹤0.01% |
94,400
+55,200
| +141% | +$6.43M |
|
2017
PUT
Urban Outfitters
URBN
$6.75B
| $12M | ﹤0.01% |
502,500
+220,900
| +78% | +$5.5M |
|
2018
Ametek
AME
$55.9B
| $12M | ﹤0.01% |
85,661
+72,567
| +554% | +$9.62M |
|
2019
PUT
American Electric Power
AEP
$66.8B
| $12M | ﹤0.01% |
126,000
-50,200
| -28% | -$4.57M |
|
2020
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$67M
| $12M | ﹤0.01% |
165,400
-85,600
| -34% | -$6.17M |
|
2021
Alamos Gold
AGI
$15.9B
| $11.9M | ﹤0.01% |
1,181,219
-355,552
| -23% | -$3.13M |
|
2022
AES
AES
$10.5B
| $11.9M | ﹤0.01% |
415,071
+142,292
| +52% | +$3.83M |
|
|
MRSH
2023
CALL
Marsh
MRSH
$90.7B
| $11.9M | ﹤0.01% |
72,000
+52,000
| +260% | +$8.5M |
|
2024
Welltower
WELL
$173B
| $11.9M | ﹤0.01% |
181,321
+164,586
| +983% | +$10.6M |
|
|
SWAV
2025
PUT
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $11.9M | ﹤0.01% |
57,700
+11,600
| +25% | +$2.93M |
|
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, 5,764 reduced and 2,486 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 Miscellaneous at 91% of assets, down from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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 2,486 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.