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 | |
|---|---|---|---|---|---|---|
301
CALL
Affirm
AFRM
$25.8B
| $353M | 0.05% |
3,511,400
-1,177,300
| -25% | -$156M |
|
302
PUT
DexCom
DXCM
$34.8B
| $353M | 0.05% |
2,626,000
+865,200
| +49% | +$124M |
|
303
CALL
Bristol-Myers Squibb
BMY
$137B
| $352M | 0.05% |
5,637,900
+655,300
| +13% | +$38.4M |
|
304
AbbVie
ABBV
$468B
| $349M | 0.05% |
2,576,412
+936,111
| +57% | +$111M |
|
305
PUT
Comcast
CMCSA
$95.3B
| $348M | 0.05% |
6,881,200
+2,047,000
| +42% | +$107M |
|
306
PUT
Upstart Holdings
UPST
$2.95B
| $347M | 0.05% |
2,291,000
+340,200
| +17% | +$85M |
|
307
PUT
IBM
IBM
$222B
| $345M | 0.05% |
2,578,200
-822,137
| -24% | -$103M |
|
308
PUT
AMC Entertainment Holdings
AMC
$2.28B
| $345M | 0.05% |
1,268,030
+42,680
| +3% | +$15M |
|
309
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $345M | 0.05% |
9,348,600
-3,228,600
| -26% | -$127M |
|
310
PUT
iShares Core S&P 500 ETF
IVV
$893B
| $344M | 0.05% |
722,100
+528,000
| +272% | +$243M |
|
|
B
311
PUT
Barrick Mining
B
$78.3B
| $344M | 0.05% |
18,111,100
-3,249,200
| -15% | -$61.7M |
|
312
PUT
Ulta Beauty
ULTA
$22.4B
| $343M | 0.05% |
833,000
-220,500
| -21% | -$85.7M |
|
313
PUT
Wayfair
W
$13.9B
| $342M | 0.05% |
1,801,500
-492,100
| -21% | -$116M |
|
314
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $342M | 0.05% |
541,900
-313,100
| -37% | -$193M |
|
315
CALL
Roblox
RBLX
$27.4B
| $342M | 0.05% |
3,316,500
+921,900
| +38% | +$89.6M |
|
|
316
CALL
Upstart Holdings
UPST
$2.95B
| $341M | 0.05% |
2,254,100
-308,600
| -12% | -$77.1M |
|
317
CALL
Rivian
RIVN
$24.6B
| $340M | 0.05% |
+3,276,100
| New | +$377M |
|
|
B
318
Barrick Mining
B
$78.3B
| $340M | 0.05% |
17,877,706
-3,184,778
| -15% | -$60.5M |
|
319
PUT
Union Pacific
UNP
$183B
| $335M | 0.05% |
1,329,000
-273,800
| -17% | -$64.9M |
|
320
CALL
Cigna
CI
$73.3B
| $334M | 0.05% |
1,454,700
+518,900
| +55% | +$110M |
|
321
CALL
CBRE Group
CBRE
$44B
| $331M | 0.05% |
3,049,900
+1,153,900
| +61% | +$118M |
|
322
CALL
Starbucks
SBUX
$122B
| $330M | 0.05% |
2,820,500
-847,800
| -23% | -$95.6M |
|
323
PUT
Atlassian
TEAM
$43.5B
| $329M | 0.05% |
863,600
-170,500
| -16% | -$68.5M |
|
324
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $324M | 0.05% |
11,551,500
-4,562,200
| -28% | -$137M |
|
325
PUT
Procter & Gamble
PG
$336B
| $323M | 0.05% |
1,975,000
-222,200
| -10% | -$33M |
|
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.