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 | |
|---|---|---|---|---|---|---|
401
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $210M | 0.03% |
4,034,600
+1,097,000
| +37% | +$50.2M |
|
402
PUT
SolarEdge
SEDG
$1.9B
| $209M | 0.03% |
653,400
+122,700
| +23% | +$33.9M |
|
403
CALL
Freeport-McMoran
FCX
$110B
| $208M | 0.03% |
8,004,700
+1,659,500
| +26% | +$34.5M |
|
404
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $208M | 0.03% |
1,835,500
-1,170,500
| -39% | -$128M |
|
405
PUT
Blackrock
BLK
$179B
| $207M | 0.03% |
287,200
-33,000
| -10% | -$21.9M |
|
406
CALL
Match Group
MTCH
$9.38B
| $207M | 0.03% |
1,367,100
+404,400
| +42% | +$53.5M |
|
|
VMW
407
PUT
DELISTED
VMware, Inc
VMW
| $206M | 0.03% |
1,469,700
+645,700
| +78% | +$92.5M |
|
408
GE Aerospace
GE
$361B
| $205M | 0.03% |
3,813,668
-2,630,145
| -41% | -$118M |
|
409
PUT
DuPont de Nemours
DD
$18.7B
| $204M | 0.03% |
2,289,779
+352,764
| +18% | +$27.7M |
|
410
CALL
Hilton Worldwide
HLT
$73.5B
| $204M | 0.03% |
1,835,400
+478,300
| +35% | +$47.4M |
|
411
PUT
iShares Russell 1000 Growth ETF
IWF
$125B
| $203M | 0.03% |
3,374,400
-411,200
| -11% | -$23.4M |
|
|
WBA
412
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $203M | 0.03% |
5,092,400
+1,646,100
| +48% | +$63.8M |
|
413
PUT
International Flavors & Fragrances
IFF
$21.5B
| $201M | 0.03% |
1,846,700
+1,525,200
| +474% | +$171M |
|
414
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $201M | 0.03% |
2,365,400
+1,507,200
| +176% | +$125M |
|
415
PUT
Enphase Energy
ENPH
$5.1B
| $200M | 0.03% |
1,142,600
+237,200
| +26% | +$30.1M |
|
416
CALL
Skyworks Solutions
SWKS
$10.1B
| $199M | 0.03% |
1,304,900
-45,300
| -3% | -$6.63M |
|
417
CALL
Take-Two Interactive
TTWO
$44.8B
| $199M | 0.03% |
957,500
+84,800
| +10% | +$14.8M |
|
418
PUT
Elevance Health
ELV
$86.9B
| $199M | 0.03% |
619,200
-24,600
| -4% | -$7.55M |
|
419
CALL
ASML
ASML
$677B
| $197M | 0.03% |
404,800
-2,300
| -0.6% | -$968K |
|
420
CALL
Align Technology
ALGN
$11.5B
| $197M | 0.03% |
368,200
-41,800
| -10% | -$18.8M |
|
421
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $196M | 0.03% |
6,312,000
-2,523,000
| -29% | -$60.4M |
|
422
CALL
Humana
HUM
$45.5B
| $196M | 0.03% |
477,200
-11,200
| -2% | -$4.66M |
|
423
CALL
Best Buy
BBY
$18.1B
| $196M | 0.03% |
1,960,800
+803,300
| +69% | +$89.8M |
|
424
DraftKings
DKNG
$13B
| $196M | 0.03% |
4,201,258
+2,234,128
| +114% | +$106M |
|
425
CALL
Cloudflare
NET
$104B
| $195M | 0.03% |
2,563,200
+1,583,700
| +162% | +$104M |
|
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.