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 | |
|---|---|---|---|---|---|---|
326
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $273M | 0.04% |
12,610,700
+5,582,000
| +79% | +$99.2M |
|
327
CALL
Accenture
ACN
$113B
| $272M | 0.04% |
1,042,600
-167,700
| -14% | -$40.2M |
|
328
PUT
T-Mobile US
TMUS
$196B
| $272M | 0.04% |
2,019,000
-848,700
| -30% | -$105M |
|
329
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $271M | 0.04% |
5,841,000
+618,100
| +12% | +$28.2M |
|
330
CALL
Fastly Inc
FSLY
$3.97B
| $271M | 0.04% |
3,103,700
+1,322,800
| +74% | +$117M |
|
331
NextEra Energy
NEE
$174B
| $270M | 0.04% |
3,497,447
+1,022,863
| +41% | +$76.5M |
|
332
TSMC
TSM
$2.17T
| $269M | 0.04% |
2,465,078
-523,640
| -18% | -$49.7M |
|
333
CALL
Sony
SONY
$140B
| $268M | 0.04% |
13,258,000
+11,012,000
| +490% | +$192M |
|
334
CALL
American Express
AXP
$227B
| $268M | 0.04% |
2,216,500
+5,800
| +0.3% | +$642K |
|
|
SPLK
335
CALL
DELISTED
Splunk Inc
SPLK
| $268M | 0.04% |
1,552,400
+572,100
| +58% | +$109M |
|
336
CALL
Merck
MRK
$376B
| $267M | 0.04% |
3,426,436
-349,822
| -9% | -$26.8M |
|
337
CALL
United Airlines
UAL
$36.7B
| $267M | 0.04% |
6,181,500
+1,151,300
| +23% | +$46.6M |
|
338
CALL
American Airlines Group
AAL
$9.15B
| $265M | 0.04% |
16,815,800
+2,817,400
| +20% | +$39M |
|
|
339
PUT
NextEra Energy
NEE
$174B
| $264M | 0.04% |
3,422,400
+1,639,200
| +92% | +$123M |
|
|
340
PUT
Fastly Inc
FSLY
$3.97B
| $263M | 0.04% |
3,011,200
+716,300
| +31% | +$63.1M |
|
341
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $263M | 0.04% |
2,193,100
+140,300
| +7% | +$16.9M |
|
|
PARA
342
CALL
DELISTED
Paramount Global Class B
PARA
| $263M | 0.04% |
7,051,400
-3,589,400
| -34% | -$115M |
|
343
Walmart Inc
WMT
$825B
| $263M | 0.04% |
5,465,028
+1,362,663
| +33% | +$66.2M |
|
344
PUT
Align Technology
ALGN
$11.5B
| $262M | 0.04% |
491,100
+168,000
| +52% | +$75.5M |
|
345
Adobe
ADBE
$109B
| $262M | 0.04% |
523,802
-212,046
| -29% | -$102M |
|
346
PUT
Domino's
DPZ
$11.3B
| $261M | 0.04% |
680,000
+79,800
| +13% | +$31.4M |
|
347
PUT
MongoDB
MDB
$34.7B
| $260M | 0.04% |
725,500
+31,900
| +5% | +$8.91M |
|
|
XYZ
348
Block Inc
XYZ
$49.4B
| $260M | 0.04% |
1,192,861
+916,021
| +331% | +$179M |
|
349
CALL
General Motors
GM
$77.2B
| $259M | 0.04% |
6,218,700
+2,087,600
| +51% | +$81.2M |
|
350
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $258M | 0.04% |
3,648,500
-1,168,000
| -24% | -$77.4M |
|
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.