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 | |
|---|---|---|---|---|---|---|
376
CALL
Live Nation Entertainment
LYV
$42.4B
| $265M | 0.04% |
2,216,100
+1,237,700
| +127% | +$133M |
|
377
CALL
3M
MMM
$92.3B
| $262M | 0.04% |
1,766,014
+140,291
| +9% | +$20.9M |
|
378
CALL
Honeywell
HON
$68.4B
| $262M | 0.04% |
1,333,995
-98,992
| -7% | -$20M |
|
379
PUT
Cloudflare
NET
$104B
| $262M | 0.04% |
1,992,500
+172,100
| +9% | +$28.8M |
|
380
CALL
Alcoa
AA
$13.7B
| $261M | 0.04% |
4,378,100
-1,193,600
| -21% | -$59.8M |
|
381
PUT
Domino's
DPZ
$11.3B
| $258M | 0.04% |
457,500
+500
| +0.1% | +$254K |
|
382
PUT
Roblox
RBLX
$27.4B
| $257M | 0.04% |
2,495,800
-271,300
| -10% | -$26.4M |
|
383
CALL
Newmont
NEM
$139B
| $257M | 0.04% |
4,141,700
+289,300
| +8% | +$16.4M |
|
384
PUT
JD.com
JD
$39.7B
| $256M | 0.04% |
3,640,500
-2,417,100
| -40% | -$191M |
|
385
CALL
Expedia Group
EXPE
$38.6B
| $256M | 0.04% |
1,415,800
-745,400
| -34% | -$127M |
|
386
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $255M | 0.04% |
6,530,498
-550,286
| -8% | -$21.6M |
|
387
CALL
Teladoc Health
TDOC
$1.16B
| $255M | 0.04% |
2,774,100
-510,000
| -16% | -$61M |
|
388
Shopify
SHOP
$192B
| $254M | 0.04% |
1,841,480
-2,706,110
| -60% | -$395M |
|
389
PUT
Zillow
Z
$8.07B
| $253M | 0.04% |
3,963,700
-845,700
| -18% | -$60.9M |
|
390
PUT
Affirm
AFRM
$25.8B
| $252M | 0.04% |
2,506,300
-1,311,500
| -34% | -$173M |
|
391
CALL
Carvana
CVNA
$76.9B
| $252M | 0.04% |
5,432,500
-836,000
| -13% | -$46M |
|
392
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $251M | 0.04% |
1,778,100
-644,000
| -27% | -$85.5M |
|
393
Costco
COST
$420B
| $250M | 0.04% |
439,549
-203,691
| -32% | -$104M |
|
394
PUT
Illumina
ILMN
$33.1B
| $249M | 0.04% |
673,340
+101,566
| +18% | +$38.5M |
|
395
CALL
Danaher
DHR
$154B
| $248M | 0.04% |
850,850
+43,992
| +5% | +$12.1M |
|
396
CALL
Biogen
BIIB
$32B
| $247M | 0.04% |
1,031,500
-1,800
| -0.2% | -$463K |
|
397
iShares MSCI Brazil ETF
EWZ
$8.52B
| $247M | 0.04% |
8,803,653
+2,495,542
| +40% | +$75M |
|
|
TWTR
398
PUT
DELISTED
Twitter, Inc.
TWTR
| $247M | 0.04% |
5,558,000
-758,800
| -12% | -$39.4M |
|
399
PUT
Devon Energy
DVN
$54B
| $244M | 0.04% |
5,529,700
-1,301,100
| -19% | -$54.1M |
|
400
CALL
Ulta Beauty
ULTA
$22.4B
| $243M | 0.04% |
590,000
-564,300
| -49% | -$219M |
|
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.