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 | |
|---|---|---|---|---|---|---|
351
PUT
Workday
WDAY
$49.4B
| $258M | 0.04% |
1,074,800
+386,500
| +56% | +$86.8M |
|
352
PUT
Newmont
NEM
$139B
| $255M | 0.04% |
4,253,000
+1,181,600
| +38% | +$72.8M |
|
353
CALL
NextEra Energy
NEE
$174B
| $254M | 0.04% |
3,288,200
+1,508,200
| +85% | +$113M |
|
354
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $253M | 0.04% |
235,659
+20,661
| +10% | +$26.8M |
|
355
CALL
RTX Corp
RTX
$283B
| $251M | 0.04% |
3,512,500
+82,400
| +2% | +$5.42M |
|
356
CALL
Chewy
CHWY
$9.83B
| $251M | 0.04% |
2,790,900
+339,200
| +14% | +$24.7M |
|
357
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $250M | 0.04% |
8,479,500
-4,573,600
| -35% | -$122M |
|
358
CALL
Gilead Sciences
GILD
$181B
| $250M | 0.04% |
4,288,100
-1,149,100
| -21% | -$69.3M |
|
359
PUT
Delta Air Lines
DAL
$54.2B
| $249M | 0.04% |
6,203,900
-1,144,900
| -16% | -$41.6M |
|
360
CALL
Thermo Fisher Scientific
TMO
$233B
| $249M | 0.04% |
533,800
+308,200
| +137% | +$145M |
|
361
PUT
iShares Silver Trust
SLV
$33.8B
| $248M | 0.04% |
10,098,800
-7,334,300
| -42% | -$167M |
|
362
PUT
Novavax
NVAX
$1.47B
| $248M | 0.04% |
2,224,600
+742,800
| +50% | +$79M |
|
|
ATVI
363
PUT
DELISTED
Activision Blizzard
ATVI
| $247M | 0.04% |
2,656,500
-489,400
| -16% | -$39.8M |
|
364
CALL
Plug Power
PLUG
$3.17B
| $246M | 0.04% |
7,263,200
+5,836,700
| +409% | +$132M |
|
365
PUT
American Express
AXP
$227B
| $245M | 0.04% |
2,030,300
-431,000
| -18% | -$47.7M |
|
366
CALL
Veeva Systems
VEEV
$40.3B
| $242M | 0.04% |
889,000
+19,600
| +2% | +$5.49M |
|
367
PUT
DexCom
DXCM
$34.8B
| $241M | 0.04% |
2,611,600
+1,164,000
| +80% | +$104M |
|
368
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $241M | 0.04% |
1,592,900
+278,600
| +21% | +$39.8M |
|
369
PUT
Spotify
SPOT
$110B
| $241M | 0.04% |
764,500
-254,600
| -25% | -$71.8M |
|
370
CALL
Honeywell
HON
$68.4B
| $240M | 0.04% |
1,196,702
-424
| -0% | -$77K |
|
371
PUT
Lowe's Companies
LOW
$121B
| $239M | 0.04% |
1,489,400
+65,500
| +5% | +$10.6M |
|
372
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $237M | 0.04% |
4,378,261
+1,933,660
| +79% | +$105M |
|
373
CALL
Ford
F
$57.5B
| $237M | 0.04% |
26,925,500
+14,372,100
| +114% | +$120M |
|
|
374
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $236M | 0.04% |
4,354,700
+1,666,400
| +62% | +$90.3M |
|
375
CALL
Cigna
CI
$73.3B
| $236M | 0.04% |
1,132,200
+38,200
| +3% | +$7.49M |
|
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.