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 | |
|---|---|---|---|---|---|---|
301
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $297M | 0.05% |
2,153,400
-1,596,600
| -43% | -$217M |
|
302
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $294M | 0.05% |
7,930,900
-1,178,600
| -13% | -$38M |
|
303
PUT
Etsy
ETSY
$7.44B
| $292M | 0.05% |
1,640,700
-400,500
| -20% | -$60.2M |
|
304
CALL
Amgen
AMGN
$238B
| $292M | 0.05% |
1,269,400
-146,600
| -10% | -$33.8M |
|
305
CALL
Ulta Beauty
ULTA
$22.4B
| $291M | 0.05% |
1,014,300
+51,100
| +5% | +$12.9M |
|
306
PUT
United Parcel Service
UPS
$86.8B
| $291M | 0.05% |
1,725,600
-563,700
| -25% | -$95.1M |
|
307
lululemon athletica
LULU
$13.7B
| $290M | 0.05% |
832,225
+248,326
| +43% | +$86.2M |
|
308
CALL
3M
MMM
$92.3B
| $289M | 0.05% |
1,977,347
-176,888
| -8% | -$25.1M |
|
309
CALL
Carvana
CVNA
$76.9B
| $286M | 0.05% |
5,973,500
+2,406,000
| +67% | +$110M |
|
310
CALL
MongoDB
MDB
$34.7B
| $286M | 0.05% |
795,200
-44,100
| -5% | -$12.3M |
|
311
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $284M | 0.05% |
2,017,655
+1,830,871
| +980% | +$235M |
|
312
CALL
PepsiCo
PEP
$196B
| $283M | 0.05% |
1,910,300
-1,583,000
| -45% | -$225M |
|
|
313
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $282M | 0.05% |
2,043,033
-61,654
| -3% | -$8.4M |
|
|
314
PUT
3M
MMM
$92.3B
| $281M | 0.05% |
1,925,560
-614,505
| -24% | -$87.2M |
|
315
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $281M | 0.05% |
12,973,700
+6,415,200
| +98% | +$114M |
|
316
CALL
Lyft
LYFT
$6.61B
| $281M | 0.05% |
5,718,300
+2,315,100
| +68% | +$84.2M |
|
|
B
317
Barrick Mining
B
$78.3B
| $281M | 0.05% |
12,329,972
+3,365,083
| +38% | +$85.3M |
|
318
CALL
Medtronic
MDT
$119B
| $280M | 0.05% |
2,394,400
+586,500
| +32% | +$64.6M |
|
319
PUT
Texas Instruments
TXN
$241B
| $280M | 0.05% |
1,707,800
+883,700
| +107% | +$137M |
|
320
PUT
Wynn Resorts
WYNN
$10.3B
| $278M | 0.05% |
2,468,100
-1,710,300
| -41% | -$158M |
|
|
321
PUT
Amgen
AMGN
$238B
| $278M | 0.05% |
1,209,100
+293,500
| +32% | +$67.7M |
|
322
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $277M | 0.05% |
1,830,600
+615,000
| +51% | +$87.9M |
|
323
DuPont de Nemours
DD
$18.7B
| $277M | 0.05% |
3,101,878
+2,332,785
| +303% | +$183M |
|
324
PUT
United Airlines
UAL
$36.7B
| $276M | 0.05% |
6,376,400
+1,147,300
| +22% | +$46.4M |
|
325
CALL
T-Mobile US
TMUS
$196B
| $276M | 0.05% |
2,043,300
-1,627,900
| -44% | -$201M |
|
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.