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
|
+$1.21B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$1.12B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
| 4 |
Meta Platforms (Facebook)
META
|
+$598M |
| 5 |
NVIDIA
NVDA
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$799M |
| 2 |
Etsy
ETSY
|
+$246M |
| 3 |
Zoom
ZM
|
+$241M |
| 4 |
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
|
+$151M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.87% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Communication Services | 1.09% |
| 4 | Financials | 1.07% |
| 5 | Energy | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $28.1B | 7.26% |
78,643,100
+6,484,200
| +9% | +$2.58B |
|
|
2
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $19.4B | 5.02% |
54,421,300
-1,178,400
| -2% | -$468M |
|
|
3
CALL
Tesla
TSLA
$1.43T
| $17B | 4.39% |
64,011,700
-20,096,600
| -24% | -$5.61B |
|
|
4
PUT
Tesla
TSLA
$1.43T
| $13.9B | 3.59% |
52,300,300
-16,023,200
| -23% | -$4.47B |
|
|
5
PUT
Invesco QQQ Trust
QQQ
$486B
| $8.77B | 2.27% |
32,806,400
+2,936,600
| +10% | +$886M |
|
|
6
CALL
Amazon
AMZN
$2.79T
| $8.48B | 2.19% |
75,043,300
-23,567,200
| -24% | -$2.98B |
|
|
7
PUT
Amazon
AMZN
$2.79T
| $8.06B | 2.08% |
71,290,500
-21,996,600
| -24% | -$2.78B |
|
|
8
CALL
Invesco QQQ Trust
QQQ
$486B
| $7.55B | 1.95% |
28,236,300
+5,099,700
| +22% | +$1.54B |
|
9
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $6.55B | 1.69% |
39,728,700
+6,419,300
| +19% | +$1.17B |
|
10
CALL
Apple
AAPL
$4.51T
| $5.53B | 1.43% |
40,022,700
+12,981,100
| +48% | +$2.04B |
|
|
11
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $5.48B | 1.42% |
15,348,747
+1,867,322
| +14% | +$742M |
|
|
12
PUT
Apple
AAPL
$4.51T
| $4.86B | 1.26% |
35,192,400
+10,015,200
| +40% | +$1.57B |
|
|
13
Amazon
AMZN
$2.79T
| $2.8B | 0.73% |
24,822,798
+9,597,517
| +63% | +$1.21B |
|
|
14
Invesco QQQ Trust
QQQ
$486B
| $2.64B | 0.68% |
9,895,874
+3,718,202
| +60% | +$1.12B |
|
15
CALL
Microsoft
MSFT
$3.59T
| $2.6B | 0.67% |
11,148,300
-650,500
| -6% | -$172M |
|
16
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $2.58B | 0.67% |
36,129,500
+12,280,000
| +51% | +$928M |
|
17
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $2.45B | 0.63% |
25,432,600
-15,033,400
| -37% | -$1.68B |
|
|
18
CALL
Meta Platforms (Facebook)
META
$1.4T
| $2.28B | 0.59% |
16,824,700
+964,100
| +6% | +$156M |
|
|
19
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.27B | 0.59% |
23,770,600
-26,981,400
| -53% | -$2.99B |
|
|
20
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.25B | 0.58% |
23,547,200
-17,658,800
| -43% | -$1.96B |
|
|
21
PUT
Microsoft
MSFT
$3.59T
| $2.18B | 0.56% |
9,370,200
+71,100
| +0.8% | +$18.8M |
|
|
22
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2B | 0.52% |
12,110,800
-553,400
| -4% | -$101M |
|
|
23
iShares Russell 2000 ETF
IWM
$81.9B
| $1.79B | 0.46% |
10,832,929
-102,961
| -0.9% | -$18.8M |
|
24
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $1.67B | 0.43% |
46,425,200
-20,204,000
| -30% | -$764M |
|
|
25
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.66B | 0.43% |
12,225,300
+4,255,800
| +53% | +$690M |
|
Similar funds
Jeff Yass's Q3 2022 Portfolio in Review
As of Q3 2022, Jeff Yass held 14,936 positions worth $387B, down 4.3% from $404B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q3 2022 filing shows 2,167 new, 5,455 increased, 5,274 reduced and 1,852 closed positions. Its largest new stake was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M. The largest sale was Tesla, an estimated $799M.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.8% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q3 2022 buy was Vanguard Short-Term Corporate Bond ETF: 714,572 shares worth $53.1M.
- Jeff Yass added most to Amazon in Q3 2022, an estimated $1.21B increase.
- Jeff Yass's biggest Q3 2022 reduction was Tesla, cutting an estimated $799M.
- Jeff Yass fully exited Pershing Square Tontine Holdings, Ltd. in Q3 2022, selling an estimated $151M.
- Jeff Yass's ten largest holdings make up 32% of its $387B portfolio in Q3 2022.
- Jeff Yass opened 2,167 new positions and closed 1,852 in Q3 2022.
- Jeff Yass's portfolio value fell 4.3% quarter-over-quarter to $387B.
Based on Susquehanna International Group's 13F filing for Q3 2022, filed 14 Nov 2022.