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 | |
|---|---|---|---|---|---|---|
326
PUT
Datadog
DDOG
$84.6B
| $323M | 0.05% |
1,813,700
+310,000
| +21% | +$52.6M |
|
327
CALL
Unity
U
$20.7B
| $322M | 0.05% |
2,250,500
-863,300
| -28% | -$132M |
|
328
Vale
VALE
$62.1B
| $322M | 0.05% |
22,951,733
+10,568,268
| +85% | +$140M |
|
329
General Motors
GM
$77.2B
| $321M | 0.05% |
5,476,815
-317,024
| -5% | -$18.5M |
|
330
PUT
American Express
AXP
$227B
| $321M | 0.05% |
1,961,900
-164,200
| -8% | -$28M |
|
331
CALL
DexCom
DXCM
$34.8B
| $321M | 0.05% |
2,387,600
+243,600
| +11% | +$35M |
|
332
CALL
Accenture
ACN
$113B
| $319M | 0.05% |
770,700
-40,500
| -5% | -$14.8M |
|
333
CALL
Domino's
DPZ
$11.3B
| $319M | 0.05% |
565,800
+94,400
| +20% | +$48M |
|
|
X
334
PUT
DELISTED
US Steel
X
| $318M | 0.05% |
13,352,600
-5,572,500
| -29% | -$131M |
|
335
PUT
Verizon
VZ
$205B
| $317M | 0.05% |
6,074,400
-5,781,700
| -49% | -$302M |
|
336
PUT
Biogen
BIIB
$32B
| $316M | 0.05% |
1,315,300
-41,100
| -3% | -$10.6M |
|
337
CALL
Cleveland-Cliffs
CLF
$6.43B
| $310M | 0.05% |
14,248,000
-421,200
| -3% | -$9.07M |
|
338
PUT
Teladoc Health
TDOC
$1.16B
| $306M | 0.05% |
3,328,900
-363,100
| -10% | -$43.4M |
|
339
CALL
Workday
WDAY
$49.4B
| $305M | 0.05% |
1,115,500
-1,004,300
| -47% | -$279M |
|
340
CALL
Peloton Interactive
PTON
$2.37B
| $303M | 0.05% |
8,470,400
+2,977,600
| +54% | +$182M |
|
341
CALL
Union Pacific
UNP
$183B
| $302M | 0.05% |
1,198,200
-365,300
| -23% | -$86.5M |
|
342
PUT
Alcoa
AA
$13.7B
| $302M | 0.05% |
5,065,200
-686,400
| -12% | -$34.4M |
|
|
PXD
343
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $301M | 0.05% |
1,656,300
-1,089,500
| -40% | -$200M |
|
344
CALL
Texas Instruments
TXN
$241B
| $301M | 0.05% |
1,597,800
-622,600
| -28% | -$120M |
|
345
PUT
United Airlines
UAL
$36.7B
| $300M | 0.05% |
6,851,900
-761,500
| -10% | -$35.3M |
|
346
CALL
NextEra Energy
NEE
$174B
| $298M | 0.04% |
3,192,200
+445,300
| +16% | +$38.5M |
|
347
PUT
Generac Holdings
GNRC
$12.2B
| $297M | 0.04% |
843,800
+275,700
| +49% | +$114M |
|
348
CALL
Las Vegas Sands
LVS
$30.5B
| $296M | 0.04% |
7,870,800
-1,320,800
| -14% | -$50.8M |
|
349
Hilton Worldwide
HLT
$73.5B
| $295M | 0.04% |
1,890,839
-840,275
| -31% | -$121M |
|
350
CALL
Wayfair
W
$13.9B
| $290M | 0.04% |
1,529,000
-151,600
| -9% | -$35.8M |
|
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.