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 | |
|---|---|---|---|---|---|---|
426
CALL
Applied Materials
AMAT
$391B
| $195M | 0.03% |
2,255,300
-257,200
| -10% | -$19M |
|
427
PUT
DoorDash
DASH
$96.8B
| $194M | 0.03% |
+1,360,900
| New | +$217M |
|
428
CALL
United Rentals
URI
$68.4B
| $194M | 0.03% |
836,800
-67,300
| -7% | -$14.2M |
|
429
Freeport-McMoran
FCX
$110B
| $192M | 0.03% |
7,377,393
+4,495,545
| +156% | +$93.4M |
|
430
PUT
Veeva Systems
VEEV
$40.3B
| $192M | 0.03% |
703,700
+207,800
| +42% | +$58.2M |
|
431
PUT
AstraZeneca
AZN
$257B
| $192M | 0.03% |
1,908,200
-192,400
| -9% | -$20.4M |
|
432
CALL
Eli Lilly
LLY
$1.12T
| $190M | 0.03% |
1,127,400
+113,600
| +11% | +$17M |
|
433
General Motors
GM
$77.2B
| $190M | 0.03% |
4,567,881
+981,120
| +27% | +$38.1M |
|
434
PUT
Deere & Co
DE
$175B
| $189M | 0.03% |
704,000
+136,300
| +24% | +$33.9M |
|
435
PUT
Cigna
CI
$73.3B
| $188M | 0.03% |
904,500
-64,500
| -7% | -$12.7M |
|
436
PUT
Carvana
CVNA
$76.9B
| $188M | 0.03% |
3,917,500
-4,305,500
| -52% | -$197M |
|
437
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $188M | 0.03% |
6,364,854
-8,062,473
| -56% | -$216M |
|
438
CALL
Illumina
ILMN
$33.1B
| $187M | 0.03% |
519,757
-110,407
| -18% | -$35.2M |
|
439
PUT
Chewy
CHWY
$9.83B
| $187M | 0.03% |
2,080,800
+246,200
| +13% | +$18M |
|
440
PUT
Ulta Beauty
ULTA
$22.4B
| $187M | 0.03% |
651,200
-217,100
| -25% | -$54.9M |
|
441
CALL
Western Digital
WDC
$166B
| $187M | 0.03% |
4,463,934
+2,264,579
| +103% | +$75.2M |
|
442
PUT
eBay
EBAY
$46.3B
| $187M | 0.03% |
3,718,400
+1,523,700
| +69% | +$77.8M |
|
443
CALL
CSX Corp
CSX
$95.6B
| $187M | 0.03% |
6,168,600
+1,154,700
| +23% | +$33.2M |
|
444
PUT
PepsiCo
PEP
$196B
| $186M | 0.03% |
1,250,900
-1,245,900
| -50% | -$177M |
|
445
CALL
Las Vegas Sands
LVS
$30.5B
| $185M | 0.03% |
3,100,500
+846,900
| +38% | +$45.2M |
|
446
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $184M | 0.03% |
3,551,400
+968,600
| +38% | +$44.3M |
|
447
PUT
ASML
ASML
$677B
| $184M | 0.03% |
377,100
+132,300
| +54% | +$55.7M |
|
448
PUT
Plug Power
PLUG
$3.17B
| $184M | 0.03% |
5,420,400
+3,966,300
| +273% | +$89.8M |
|
449
CALL
TJX Companies
TJX
$155B
| $183M | 0.03% |
2,686,300
+1,534,000
| +133% | +$93.3M |
|
|
450
PUT
Western Digital
WDC
$166B
| $183M | 0.03% |
4,362,460
+142,355
| +3% | +$4.73M |
|
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.