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 | |
|---|---|---|---|---|---|---|
251
PUT
General Motors
GM
$77.2B
| $350M | 0.06% |
8,415,100
+1,881,100
| +29% | +$73.1M |
|
252
Microsoft
MSFT
$3.59T
| $347M | 0.06% |
1,561,492
-1,665,873
| -52% | -$358M |
|
253
CALL
Wynn Resorts
WYNN
$10.3B
| $347M | 0.06% |
3,072,200
-657,300
| -18% | -$60.6M |
|
|
TWTR
254
CALL
DELISTED
Twitter, Inc.
TWTR
| $346M | 0.06% |
6,373,400
-759,800
| -11% | -$36.3M |
|
255
PUT
GE Aerospace
GE
$361B
| $346M | 0.06% |
6,428,277
-67,274
| -1% | -$3.01M |
|
256
Regeneron Pharmaceuticals
REGN
$85.9B
| $344M | 0.06% |
712,841
+518,331
| +266% | +$280M |
|
257
PUT
Palantir
PLTR
$432B
| $340M | 0.06% |
+14,452,100
| New | +$259M |
|
258
CALL
Union Pacific
UNP
$183B
| $340M | 0.06% |
1,633,800
+14,600
| +0.9% | +$2.92M |
|
259
CALL
Expedia Group
EXPE
$38.6B
| $340M | 0.06% |
2,567,900
-377,200
| -13% | -$42.5M |
|
|
260
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $339M | 0.06% |
701,200
+175,600
| +33% | +$94.8M |
|
261
PUT
Vale
VALE
$62.1B
| $339M | 0.06% |
20,204,000
+1,663,500
| +9% | +$22.2M |
|
262
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $336M | 0.05% |
3,851,300
+1,133,800
| +42% | +$97.1M |
|
263
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $334M | 0.05% |
3,058,800
-710,600
| -19% | -$70.4M |
|
264
CALL
Workday
WDAY
$49.4B
| $332M | 0.05% |
1,384,800
+314,500
| +29% | +$70.7M |
|
|
265
CALL
GE Aerospace
GE
$361B
| $330M | 0.05% |
6,128,125
+1,578,750
| +35% | +$70.7M |
|
266
PUT
Target
TGT
$75.1B
| $329M | 0.05% |
1,864,200
-342,100
| -16% | -$57.1M |
|
267
PUT
Okta
OKTA
$23.5B
| $328M | 0.05% |
1,290,700
+201,100
| +18% | +$47.8M |
|
268
CALL
Texas Instruments
TXN
$241B
| $327M | 0.05% |
1,990,000
+423,500
| +27% | +$65.8M |
|
269
PUT
RH
RH
$2.9B
| $326M | 0.05% |
727,600
-239,700
| -25% | -$98.8M |
|
|
COUP
270
PUT
DELISTED
Coupa Software Incorporated
COUP
| $325M | 0.05% |
959,000
+216,700
| +29% | +$67M |
|
271
CALL
DuPont de Nemours
DD
$18.7B
| $325M | 0.05% |
3,637,022
+2,288,903
| +170% | +$180M |
|
272
CALL
Palo Alto Networks
PANW
$292B
| $325M | 0.05% |
5,480,400
+1,012,800
| +23% | +$47.3M |
|
273
CALL
SolarEdge
SEDG
$1.9B
| $323M | 0.05% |
1,012,100
+484,800
| +92% | +$134M |
|
274
PUT
IBM
IBM
$222B
| $322M | 0.05% |
2,673,576
-418,191
| -14% | -$48.3M |
|
|
275
CALL
RH
RH
$2.9B
| $321M | 0.05% |
718,100
-181,700
| -20% | -$74.9M |
|
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.