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 | |
|---|---|---|---|---|---|---|
201
CALL
Intuit
INTU
$100B
| $304M | 0.08% |
788,500
+50,400
| +7% | +$20.9M |
|
202
CALL
Enphase Energy
ENPH
$5.1B
| $303M | 0.08% |
1,553,700
-84,100
| -5% | -$15.2M |
|
203
PUT
Freeport-McMoran
FCX
$110B
| $303M | 0.07% |
10,342,500
-3,139,500
| -23% | -$126M |
|
204
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $297M | 0.07% |
8,483,000
+3,126,400
| +58% | +$113M |
|
205
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $297M | 0.07% |
857,500
+247,500
| +41% | +$93.2M |
|
206
CALL
CrowdStrike
CRWD
$195B
| $295M | 0.07% |
6,995,600
-2,120,800
| -23% | -$96M |
|
207
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $292M | 0.07% |
3,416,900
-74,700
| -2% | -$6.75M |
|
208
CALL
Comcast
CMCSA
$95.3B
| $291M | 0.07% |
7,426,100
+872,700
| +13% | +$37.4M |
|
209
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $290M | 0.07% |
2,850,400
+187,000
| +7% | +$21.7M |
|
|
210
CALL
Freeport-McMoran
FCX
$110B
| $290M | 0.07% |
9,921,100
+1,472,700
| +17% | +$58.9M |
|
211
PUT
Procter & Gamble
PG
$336B
| $288M | 0.07% |
2,002,900
+532,000
| +36% | +$80M |
|
|
212
AT&T
T
$173B
| $287M | 0.07% |
13,702,221
-26,588,971
| -66% | -$530M |
|
213
PUT
Lowe's Companies
LOW
$121B
| $286M | 0.07% |
1,637,200
-128,300
| -7% | -$24.7M |
|
|
214
PUT
CrowdStrike
CRWD
$195B
| $283M | 0.07% |
6,723,600
-3,206,000
| -32% | -$145M |
|
215
PUT
Coca-Cola
KO
$392B
| $283M | 0.07% |
4,496,100
+1,879,700
| +72% | +$119M |
|
216
PUT
Blackstone
BX
$108B
| $281M | 0.07% |
3,081,300
+1,065,300
| +53% | +$115M |
|
217
PUT
Occidental Petroleum
OXY
$61.3B
| $281M | 0.07% |
4,768,900
-2,203,100
| -32% | -$135M |
|
218
PUT
TSMC
TSM
$2.17T
| $279M | 0.07% |
3,414,300
-3,196,800
| -48% | -$296M |
|
|
ATVI
219
PUT
DELISTED
Activision Blizzard
ATVI
| $279M | 0.07% |
3,582,200
-1,040,500
| -23% | -$80.9M |
|
220
Booking.com
BKNG
$158B
| $279M | 0.07% |
3,981,650
-3,397,600
| -46% | -$290M |
|
221
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $278M | 0.07% |
10,154,800
+3,401,500
| +50% | +$115M |
|
|
PARA
222
DELISTED
Paramount Global Class B
PARA
| $277M | 0.07% |
11,223,296
-2,742,564
| -20% | -$83.6M |
|
|
ATVI
223
CALL
DELISTED
Activision Blizzard
ATVI
| $277M | 0.07% |
3,551,700
-2,407,000
| -40% | -$187M |
|
224
PUT
NIO
NIO
$11.6B
| $274M | 0.07% |
12,531,000
-4,765,600
| -28% | -$87.4M |
|
225
CALL
Mercado Libre
MELI
$97.5B
| $273M | 0.07% |
429,400
-219,700
| -34% | -$192M |
|
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.