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 |
Citigroup
C
|
+$1.13B |
| 2 |
AT&T
T
|
+$275M |
| 3 |
Apple
AAPL
|
+$248M |
| 4 |
Walt Disney
DIS
|
+$235M |
| 5 |
Nike
NKE
|
+$195M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.4B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$1.17B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$863M |
| 4 |
Advanced Micro Devices
AMD
|
+$808M |
| 5 |
Amazon
AMZN
|
+$783M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.6% |
| 2 | Consumer Discretionary | 1.3% |
| 3 | Financials | 0.99% |
| 4 | Communication Services | 0.86% |
| 5 | Healthcare | 0.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PARA
226
PUT
DELISTED
Paramount Global Class B
PARA
| $457M | 0.07% |
15,145,700
+1,655,500
| +12% | +$57.1M |
|
227
CALL
Lucid Motors
LCID
$2.17B
| $457M | 0.07% |
1,201,070
+131,030
| +12% | +$49.4M |
|
228
CALL
CrowdStrike
CRWD
$195B
| $455M | 0.07% |
8,898,400
-1,994,000
| -18% | -$121M |
|
229
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $453M | 0.07% |
717,700
-225,200
| -24% | -$138M |
|
230
PUT
GameStop
GME
$8.17B
| $451M | 0.07% |
11,689,600
-628,000
| -5% | -$28.6M |
|
231
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $449M | 0.07% |
22,291,500
+4,122,200
| +23% | +$88.2M |
|
232
PUT
lululemon athletica
LULU
$13.7B
| $447M | 0.07% |
1,142,900
-352,300
| -24% | -$151M |
|
233
PUT
Applied Materials
AMAT
$391B
| $447M | 0.07% |
2,843,000
-675,800
| -19% | -$97.9M |
|
|
TWTR
234
CALL
DELISTED
Twitter, Inc.
TWTR
| $446M | 0.07% |
10,039,600
+1,019,800
| +11% | +$53M |
|
235
PUT
Thermo Fisher Scientific
TMO
$233B
| $446M | 0.07% |
668,300
-226,500
| -25% | -$141M |
|
236
CALL
Charter Communications
CHTR
$17.9B
| $443M | 0.07% |
678,800
-92,700
| -12% | -$63.1M |
|
237
PUT
Baidu
BIDU
$31.6B
| $442M | 0.07% |
2,932,400
-2,094,700
| -42% | -$327M |
|
238
Wells Fargo
WFC
$254B
| $441M | 0.07% |
9,196,884
+1,535,147
| +20% | +$75.6M |
|
239
PUT
Lowe's Companies
LOW
$121B
| $441M | 0.07% |
1,705,100
-1,421,200
| -45% | -$338M |
|
240
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $435M | 0.07% |
3,844,800
-1,359,200
| -26% | -$164M |
|
|
PARA
241
CALL
DELISTED
Paramount Global Class B
PARA
| $432M | 0.06% |
14,308,800
+7,708,000
| +117% | +$266M |
|
242
CALL
Delta Air Lines
DAL
$54.2B
| $428M | 0.06% |
10,946,400
+764,700
| +8% | +$30.6M |
|
243
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $427M | 0.06% |
5,368,000
+1,059,500
| +25% | +$88.5M |
|
244
CALL
United Parcel Service
UPS
$86.8B
| $427M | 0.06% |
1,990,800
-781,500
| -28% | -$159M |
|
245
PUT
ExxonMobil
XOM
$679B
| $424M | 0.06% |
6,922,400
-1,934,300
| -22% | -$121M |
|
246
CALL
Caterpillar
CAT
$381B
| $423M | 0.06% |
2,043,900
-1,315,300
| -39% | -$265M |
|
247
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $422M | 0.06% |
5,958,500
-3,031,000
| -34% | -$217M |
|
248
PUT
Simon Property Group
SPG
$70.6B
| $421M | 0.06% |
2,633,300
-276,500
| -10% | -$42.2M |
|
249
CALL
ASML
ASML
$677B
| $421M | 0.06% |
528,300
-202,800
| -28% | -$161M |
|
250
CALL
Palantir
PLTR
$432B
| $417M | 0.06% |
22,925,600
+3,828,700
| +20% | +$84.6M |
|
Similar funds
Jeff Yass's Q4 2021 Portfolio in Review
As of Q4 2021, Jeff Yass held 14,586 positions worth $667B, down 11% from $745B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass withdrew a net $126B in Q4 2021, closing 1,572 positions and reducing 6,197 holdings. Its most notable exit was Stamps.com, Inc., an estimated $78.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 1.9% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in iShares Core MSCI Emerging Markets ETF worth $78.2M.
- Jeff Yass's largest Q4 2021 buy was iShares Core MSCI Emerging Markets ETF: 1,306,619 shares worth $78.2M.
- Jeff Yass added most to Citigroup in Q4 2021, an estimated $1.13B increase.
- Jeff Yass's biggest Q4 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.4B.
- Jeff Yass fully exited Stamps.com, Inc. in Q4 2021, selling an estimated $78.8M.
- Jeff Yass's ten largest holdings make up 32% of its $667B portfolio in Q4 2021.
- Jeff Yass opened 1,953 new positions and closed 1,572 in Q4 2021.
- Jeff Yass's portfolio value fell 11% quarter-over-quarter to $667B.
Based on Susquehanna International Group's 13F filing for Q4 2021, filed 14 Feb 2022.