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
|
+$1.46B |
| 2 |
Apple
AAPL
|
+$931M |
| 3 |
Tesla
TSLA
|
+$793M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$769M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$644M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$703M |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Amazon
AMZN
|
+$678M |
| 4 |
JPMorgan Chase
JPM
|
+$601M |
| 5 |
Meta Platforms (Facebook)
META
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.48% |
| 3 | Healthcare | 0.92% |
| 4 | Communication Services | 0.78% |
| 5 | Financials | 0.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $391M | 0.06% |
3,584,000
+415,600
| +13% | +$41.2M |
|
227
Pfizer
PFE
$160B
| $391M | 0.06% |
10,630,376
+390,479
| +4% | +$14.3M |
|
228
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $386M | 0.06% |
2,504,800
+49,800
| +2% | +$6.32M |
|
229
PUT
Chevron
CVX
$403B
| $383M | 0.06% |
4,536,900
-12,200
| -0.3% | -$988K |
|
230
CALL
Broadcom
AVGO
$1.75T
| $383M | 0.06% |
8,748,000
-1,205,000
| -12% | -$47M |
|
231
CALL
Lockheed Martin
LMT
$130B
| $382M | 0.06% |
1,076,400
+371,400
| +53% | +$137M |
|
232
CALL
Delta Air Lines
DAL
$54.2B
| $380M | 0.06% |
9,439,000
+483,100
| +5% | +$17.6M |
|
233
PUT
Wayfair
W
$13.9B
| $379M | 0.06% |
1,679,100
+172,000
| +11% | +$45.7M |
|
234
PUT
Caterpillar
CAT
$381B
| $378M | 0.06% |
2,074,900
-83,200
| -4% | -$14.1M |
|
|
B
235
PUT
Barrick Mining
B
$78.3B
| $377M | 0.06% |
16,555,800
+3,408,300
| +26% | +$86.3M |
|
236
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $377M | 0.06% |
2,615,600
+128,700
| +5% | +$16.5M |
|
237
CALL
Starbucks
SBUX
$122B
| $376M | 0.06% |
3,513,200
+161,900
| +5% | +$15.5M |
|
238
PUT
Charter Communications
CHTR
$17.9B
| $376M | 0.06% |
568,000
+62,200
| +12% | +$39.6M |
|
239
CALL
Palantir
PLTR
$432B
| $375M | 0.06% |
+15,918,700
| New | +$285M |
|
|
COUP
240
CALL
DELISTED
Coupa Software Incorporated
COUP
| $370M | 0.06% |
1,090,700
+299,800
| +38% | +$92.7M |
|
241
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $367M | 0.06% |
10,043,300
-2,674,300
| -21% | -$99.9M |
|
242
CALL
Lowe's Companies
LOW
$121B
| $364M | 0.06% |
2,265,800
+297,100
| +15% | +$48.3M |
|
243
CALL
Okta
OKTA
$23.5B
| $363M | 0.06% |
1,429,200
+461,200
| +48% | +$110M |
|
244
CALL
AbbVie
ABBV
$468B
| $360M | 0.06% |
3,359,400
+482,500
| +17% | +$46.4M |
|
245
CALL
Spotify
SPOT
$110B
| $359M | 0.06% |
1,141,800
-627,400
| -35% | -$177M |
|
246
Hilton Worldwide
HLT
$73.5B
| $358M | 0.06% |
3,218,184
+1,308,100
| +68% | +$130M |
|
|
WORK
247
CALL
DELISTED
Slack Technologies, Inc.
WORK
| $357M | 0.06% |
8,443,800
-69,500
| -0.8% | -$2.35M |
|
248
PUT
Procter & Gamble
PG
$336B
| $353M | 0.06% |
2,533,800
-15,900
| -0.6% | -$2.22M |
|
249
Mastercard
MA
$509B
| $351M | 0.06% |
983,877
+436,853
| +80% | +$145M |
|
250
Walt Disney
DIS
$186B
| $351M | 0.06% |
1,937,090
-2,169,602
| -53% | -$311M |
|
Similar funds
Jeff Yass's Q4 2020 Portfolio in Review
As of Q4 2020, Jeff Yass held 12,204 positions worth $612B, up 17% from $522B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q4 2020 filing shows 1,723 new, 4,580 increased, 4,534 reduced and 1,264 closed positions. Its largest new stake was International Flavors & Fragrances: 726,729 shares worth $79.1M. The largest sale was Citigroup, an estimated $703M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jeff Yass's largest Q4 2020 buy was International Flavors & Fragrances: 726,729 shares worth $79.1M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $1.46B increase.
- Jeff Yass's biggest Q4 2020 reduction was Citigroup, cutting an estimated $703M.
- Jeff Yass fully exited Vanguard Total International Bond ETF in Q4 2020, selling an estimated $146M.
- Jeff Yass's ten largest holdings make up 32% of its $612B portfolio in Q4 2020.
- Jeff Yass opened 1,723 new positions and closed 1,264 in Q4 2020.
- Jeff Yass's portfolio value rose 17% quarter-over-quarter to $612B.
Based on Susquehanna International Group's 13F filing for Q4 2020, filed 16 Feb 2021.