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 | |
|---|---|---|---|---|---|---|
401
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20.6B
| $243M | 0.04% |
3,574,700
-990,500
| -22% | -$56.2M |
|
402
CALL
Marriott International
MAR
$92.9B
| $242M | 0.04% |
1,465,300
-320,200
| -18% | -$50.4M |
|
403
Mastercard
MA
$509B
| $241M | 0.04% |
670,949
-819,310
| -55% | -$283M |
|
404
CALL
Align Technology
ALGN
$11.5B
| $237M | 0.04% |
360,400
-24,800
| -6% | -$15.9M |
|
405
CALL
RH
RH
$2.9B
| $235M | 0.04% |
437,600
-254,100
| -37% | -$156M |
|
406
CALL
Datadog
DDOG
$84.6B
| $234M | 0.04% |
1,316,200
-998,100
| -43% | -$169M |
|
407
CALL
Match Group
MTCH
$9.38B
| $233M | 0.03% |
1,762,000
-1,449,700
| -45% | -$210M |
|
408
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $233M | 0.03% |
1,756,600
-1,633,900
| -48% | -$217M |
|
409
JPMorgan Chase
JPM
$935B
| $230M | 0.03% |
1,454,643
+577,635
| +66% | +$94.9M |
|
410
CALL
Generac Holdings
GNRC
$12.2B
| $230M | 0.03% |
654,000
-185,300
| -22% | -$76.9M |
|
411
CALL
Zillow
Z
$8.07B
| $230M | 0.03% |
3,603,500
+1,017,300
| +39% | +$73.3M |
|
412
PUT
Danaher
DHR
$154B
| $230M | 0.03% |
788,246
-587,688
| -43% | -$162M |
|
413
PUT
United Rentals
URI
$68.4B
| $230M | 0.03% |
691,400
+59,600
| +9% | +$21.2M |
|
414
PUT
DraftKings
DKNG
$13B
| $229M | 0.03% |
8,344,700
-1,846,800
| -18% | -$72.3M |
|
415
CALL
Altria Group
MO
$110B
| $229M | 0.03% |
4,837,000
-516,700
| -10% | -$23.7M |
|
416
PUT
Hilton Worldwide
HLT
$73.5B
| $229M | 0.03% |
1,468,000
-467,300
| -24% | -$67.3M |
|
417
PUT
iShares Semiconductor ETF
SOXX
$41.3B
| $228M | 0.03% |
1,261,200
+8,700
| +0.7% | +$1.46M |
|
418
CALL
Occidental Petroleum
OXY
$61.3B
| $228M | 0.03% |
7,853,900
-3,227,000
| -29% | -$101M |
|
419
PUT
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $226M | 0.03% |
6,134,300
+761,500
| +14% | +$35M |
|
420
PUT
Spotify
SPOT
$110B
| $226M | 0.03% |
967,200
-215,400
| -18% | -$53.9M |
|
421
PUT
HubSpot
HUBS
$12B
| $226M | 0.03% |
343,000
+22,700
| +7% | +$17.2M |
|
422
PUT
SoFi Technologies
SOFI
$24.4B
| $225M | 0.03% |
14,262,300
+3,228,200
| +29% | +$59.2M |
|
423
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $223M | 0.03% |
5,720,200
-2,095,600
| -27% | -$82.4M |
|
424
CALL
Deere & Co
DE
$175B
| $223M | 0.03% |
651,100
-529,800
| -45% | -$184M |
|
425
PUT
Oracle
ORCL
$422B
| $223M | 0.03% |
2,555,400
-2,165,000
| -46% | -$203M |
|
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.