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 | |
|---|---|---|---|---|---|---|
|
26
PUT
Walt Disney
DIS
$186B
| $2.53B | 0.38% |
16,235,100
+450,100
| +3% | +$72.7M |
|
27
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.53B | 0.38% |
8,449,700
+246,800
| +3% | +$70.7M |
|
|
28
CALL
Walt Disney
DIS
$186B
| $2.44B | 0.37% |
15,642,800
+559,800
| +4% | +$90.4M |
|
29
CALL
Shopify
SHOP
$192B
| $2.32B | 0.35% |
16,786,000
-5,431,000
| -24% | -$794M |
|
|
30
PUT
Citigroup
C
$221B
| $2.28B | 0.34% |
37,708,600
+7,879,800
| +26% | +$524M |
|
31
PUT
Booking.com
BKNG
$158B
| $2.21B | 0.33% |
23,050,000
+2,177,500
| +10% | +$206M |
|
|
32
CALL
Advanced Micro Devices
AMD
$773B
| $2.17B | 0.33% |
15,082,500
-3,558,800
| -19% | -$478M |
|
33
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.16B | 0.32% |
9,688,600
-3,527,100
| -27% | -$797M |
|
34
CALL
Boeing
BA
$169B
| $2.08B | 0.31% |
10,338,400
-2,033,700
| -16% | -$430M |
|
35
CALL
Netflix
NFLX
$331B
| $2.07B | 0.31% |
34,343,000
-21,487,000
| -38% | -$1.37B |
|
36
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.95B | 0.29% |
5,358,300
+74,600
| +1% | +$26.5M |
|
37
PUT
Mercado Libre
MELI
$97.5B
| $1.94B | 0.29% |
1,439,800
-548,700
| -28% | -$771M |
|
38
CALL
Costco
COST
$420B
| $1.9B | 0.28% |
3,345,800
+274,400
| +9% | +$141M |
|
|
39
Invesco QQQ Trust
QQQ
$486B
| $1.88B | 0.28% |
4,735,342
-2,234,741
| -32% | -$863M |
|
|
40
PUT
Netflix
NFLX
$331B
| $1.88B | 0.28% |
31,154,000
-6,932,000
| -18% | -$443M |
|
41
CALL
PayPal
PYPL
$52.7B
| $1.85B | 0.28% |
9,656,100
+3,841,700
| +66% | +$831M |
|
42
CALL
GE Aerospace
GE
$361B
| $1.85B | 0.28% |
31,411,510
-2,732,189
| -8% | -$172M |
|
|
43
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.84B | 0.28% |
5,054,200
+496,700
| +11% | +$176M |
|
44
CALL
Visa
V
$693B
| $1.81B | 0.27% |
8,335,000
+1,706,000
| +26% | +$366M |
|
45
PUT
Broadcom
AVGO
$1.75T
| $1.75B | 0.26% |
26,234,000
+2,661,000
| +11% | +$150M |
|
46
PUT
ProShares UltraPro QQQ
TQQQ
$35.7B
| $1.73B | 0.26% |
41,646,400
+11,340,400
| +37% | +$439M |
|
47
PUT
Goldman Sachs
GS
$303B
| $1.71B | 0.26% |
4,462,000
-891,600
| -17% | -$353M |
|
|
48
CALL
Booking.com
BKNG
$158B
| $1.7B | 0.25% |
17,695,000
-1,000,000
| -5% | -$94.8M |
|
|
49
Apple
AAPL
$4.51T
| $1.66B | 0.25% |
9,326,005
+1,569,225
| +20% | +$248M |
|
50
CALL
Home Depot
HD
$335B
| $1.65B | 0.25% |
3,974,500
+736,600
| +23% | +$280M |
|
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.