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 | |
|---|---|---|---|---|---|---|
276
CALL
JD.com
JD
$39.7B
| $383M | 0.06% |
5,443,400
-2,174,700
| -29% | -$172M |
|
277
CALL
Marvell Technology
MRVL
$213B
| $383M | 0.06% |
4,375,900
+1,384,500
| +46% | +$103M |
|
278
CALL
Oracle
ORCL
$422B
| $381M | 0.06% |
4,374,000
-1,574,200
| -26% | -$148M |
|
279
CALL
BioNTech
BNTX
$29.3B
| $379M | 0.06% |
1,468,800
-199,900
| -12% | -$54.7M |
|
280
CALL
Coinbase
COIN
$49.2B
| $376M | 0.06% |
1,490,600
-275,400
| -16% | -$80.1M |
|
281
PUT
Beyond Meat
BYND
$254M
| $375M | 0.06% |
191,983
+35,596
| +23% | +$90.8M |
|
282
CALL
United Airlines
UAL
$36.7B
| $374M | 0.06% |
8,537,900
-14,600
| -0.2% | -$677K |
|
283
Booking.com
BKNG
$158B
| $373M | 0.06% |
3,887,325
-1,318,825
| -25% | -$125M |
|
284
PUT
Gilead Sciences
GILD
$181B
| $372M | 0.06% |
5,120,100
-1,055,300
| -17% | -$72.7M |
|
285
PUT
T-Mobile US
TMUS
$196B
| $370M | 0.06% |
3,191,400
+846,200
| +36% | +$99.6M |
|
|
XLNX
286
PUT
DELISTED
Xilinx Inc
XLNX
| $368M | 0.06% |
1,737,600
+382,100
| +28% | +$75.4M |
|
|
287
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $365M | 0.05% |
4,644,300
-893,100
| -16% | -$70.7M |
|
|
288
Nike
NKE
$60.5B
| $364M | 0.05% |
2,183,646
+1,180,879
| +118% | +$195M |
|
289
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $361M | 0.05% |
3,533,400
+279,000
| +9% | +$27.8M |
|
290
Alphabet (Google) Class C
GOOG
$4.18T
| $360M | 0.05% |
2,491,040
-1,490,620
| -37% | -$215M |
|
291
CALL
Thermo Fisher Scientific
TMO
$233B
| $360M | 0.05% |
539,500
-9,000
| -2% | -$5.62M |
|
292
PUT
Enphase Energy
ENPH
$5.1B
| $360M | 0.05% |
1,965,800
-152,800
| -7% | -$31.9M |
|
293
PUT
Wynn Resorts
WYNN
$10.3B
| $359M | 0.05% |
4,219,600
-2,584,100
| -38% | -$229M |
|
294
Mercado Libre
MELI
$97.5B
| $358M | 0.05% |
265,294
+138,197
| +109% | +$194M |
|
295
PUT
Bristol-Myers Squibb
BMY
$137B
| $357M | 0.05% |
5,733,500
+806,800
| +16% | +$47.3M |
|
296
PUT
Lucid Motors
LCID
$2.17B
| $356M | 0.05% |
935,080
+137,020
| +17% | +$51.7M |
|
297
PUT
McDonald's
MCD
$192B
| $355M | 0.05% |
1,324,900
-680,300
| -34% | -$172M |
|
298
PUT
Align Technology
ALGN
$11.5B
| $355M | 0.05% |
539,800
-2,200
| -0.4% | -$1.41M |
|
299
CALL
Blackrock
BLK
$179B
| $353M | 0.05% |
385,900
+65,500
| +20% | +$59.8M |
|
300
CALL
Abbott
ABT
$202B
| $353M | 0.05% |
2,504,500
+298,400
| +14% | +$38.2M |
|
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.