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 | |
|---|---|---|---|---|---|---|
26
CALL
Netflix
NFLX
$331B
| $2.66B | 0.43% |
49,171,000
-16,646,000
| -25% | -$844M |
|
27
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $2.58B | 0.42% |
93,155,000
+2,580,000
| +3% | +$67.7M |
|
28
CALL
Walt Disney
DIS
$186B
| $2.54B | 0.41% |
14,011,000
+2,827,400
| +25% | +$406M |
|
29
CALL
Boeing
BA
$169B
| $2.52B | 0.41% |
11,786,700
-638,600
| -5% | -$123M |
|
30
PUT
Booking.com
BKNG
$158B
| $2.5B | 0.41% |
28,065,000
+2,830,000
| +11% | +$218M |
|
|
31
PUT
Walt Disney
DIS
$186B
| $2.49B | 0.41% |
13,724,400
-1,290,800
| -9% | -$185M |
|
|
32
PUT
Meta Platforms (Facebook)
META
$1.4T
| $2.44B | 0.4% |
8,920,800
-2,233,700
| -20% | -$612M |
|
33
PUT
Advanced Micro Devices
AMD
$773B
| $2.42B | 0.39% |
26,340,500
-63,700
| -0.2% | -$5.5M |
|
34
CALL
SPDR Gold Trust
GLD
$152B
| $2.36B | 0.39% |
13,245,000
-152,100
| -1% | -$26.8M |
|
35
PUT
Shopify
SHOP
$192B
| $2.35B | 0.38% |
20,747,000
-1,173,000
| -5% | -$123M |
|
|
36
CALL
Shopify
SHOP
$192B
| $2.35B | 0.38% |
20,746,000
-1,032,000
| -5% | -$108M |
|
|
37
CALL
Advanced Micro Devices
AMD
$773B
| $2.23B | 0.36% |
24,318,700
+3,583,600
| +17% | +$309M |
|
38
PUT
Salesforce
CRM
$171B
| $2.22B | 0.36% |
9,986,600
+4,775,400
| +92% | +$1.16B |
|
39
PUT
Zoom
ZM
$31.5B
| $2.1B | 0.34% |
6,213,500
+1,273,800
| +26% | +$568M |
|
|
40
PUT
Netflix
NFLX
$331B
| $2.02B | 0.33% |
37,338,000
-3,510,000
| -9% | -$178M |
|
|
41
Invesco QQQ Trust
QQQ
$486B
| $1.99B | 0.32% |
6,338,355
+2,618,548
| +70% | +$769M |
|
42
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.94B | 0.32% |
8,360,700
-78,500
| -0.9% | -$17.3M |
|
|
XYZ
43
PUT
Block Inc
XYZ
$49.4B
| $1.9B | 0.31% |
8,722,300
+1,275,600
| +17% | +$249M |
|
44
CALL
Adobe
ADBE
$109B
| $1.9B | 0.31% |
3,795,000
-1,084,000
| -22% | -$524M |
|
|
45
CALL
Salesforce
CRM
$171B
| $1.89B | 0.31% |
8,512,300
+975,700
| +13% | +$237M |
|
46
PUT
Mercado Libre
MELI
$97.5B
| $1.77B | 0.29% |
1,058,300
+189,200
| +22% | +$267M |
|
|
XYZ
47
CALL
Block Inc
XYZ
$49.4B
| $1.77B | 0.29% |
8,118,000
-320,400
| -4% | -$62.5M |
|
|
48
CALL
Booking.com
BKNG
$158B
| $1.72B | 0.28% |
19,295,000
+1,130,000
| +6% | +$87.2M |
|
49
CALL
Walmart Inc
WMT
$825B
| $1.7B | 0.28% |
35,436,600
-3,063,000
| -8% | -$149M |
|
|
50
PUT
Citigroup
C
$221B
| $1.63B | 0.27% |
26,457,300
-6,469,300
| -20% | -$329M |
|
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.