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 | |
|---|---|---|---|---|---|---|
476
PUT
Airbnb
ABNB
$110B
| $164M | 0.03% |
+1,116,300
| New | +$165M |
|
477
PUT
United Rentals
URI
$68.4B
| $164M | 0.03% |
705,200
+14,000
| +2% | +$2.96M |
|
478
PUT
Cloudflare
NET
$104B
| $163M | 0.03% |
2,141,400
+727,800
| +51% | +$47.7M |
|
479
PUT
CME Group
CME
$98.9B
| $163M | 0.03% |
893,700
-7,000
| -0.8% | -$1.19M |
|
|
480
JPMorgan Chase
JPM
$935B
| $161M | 0.03% |
1,270,921
-5,378,104
| -81% | -$601M |
|
481
Cisco
CSCO
$438B
| $161M | 0.03% |
3,589,148
-2,350,050
| -40% | -$96.6M |
|
482
CALL
Marriott International
MAR
$92.9B
| $160M | 0.03% |
1,213,400
-1,191,700
| -50% | -$136M |
|
483
PUT
Verizon
VZ
$205B
| $159M | 0.03% |
2,712,800
-880,700
| -25% | -$52.3M |
|
484
CALL
Southwest Airlines
LUV
$19.8B
| $159M | 0.03% |
3,414,900
+265,700
| +8% | +$11.5M |
|
485
CALL
AstraZeneca
AZN
$257B
| $158M | 0.03% |
1,575,900
-74,650
| -5% | -$7.91M |
|
486
CALL
Marvell Technology
MRVL
$213B
| $158M | 0.03% |
3,326,600
+889,700
| +37% | +$38.5M |
|
487
CALL
Lemonade
LMND
$4.13B
| $158M | 0.03% |
1,290,900
+1,169,700
| +965% | +$86.3M |
|
488
PUT
Hilton Worldwide
HLT
$73.5B
| $158M | 0.03% |
1,419,500
+522,100
| +58% | +$51.7M |
|
489
CALL
eBay
EBAY
$46.3B
| $158M | 0.03% |
3,141,000
+801,500
| +34% | +$40.9M |
|
|
EA
490
CALL
DELISTED
Electronic Arts
EA
| $158M | 0.03% |
1,099,100
+189,000
| +21% | +$24.4M |
|
491
PUT
American Tower
AMT
$81.9B
| $158M | 0.03% |
702,000
+78,400
| +13% | +$18.2M |
|
|
JMIA
492
PUT
Jumia Technologies
JMIA
$840M
| $156M | 0.03% |
3,860,700
+3,158,100
| +449% | +$77.1M |
|
493
PUT
NXP Semiconductors
NXPI
$56.9B
| $155M | 0.03% |
977,200
+218,200
| +29% | +$32.2M |
|
|
FISV
494
CALL
Fiserv Inc
FISV
$28B
| $154M | 0.03% |
1,356,100
+182,800
| +16% | +$19.7M |
|
495
PUT
Skyworks Solutions
SWKS
$10.1B
| $154M | 0.03% |
1,009,500
-95,900
| -9% | -$14M |
|
496
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $154M | 0.03% |
143,450
-49,566
| -26% | -$64.4M |
|
497
Coca-Cola
KO
$392B
| $154M | 0.03% |
2,802,074
+927,951
| +50% | +$48M |
|
498
CALL
Elevance Health
ELV
$86.9B
| $153M | 0.03% |
477,700
+66,700
| +16% | +$20.5M |
|
499
Snowflake
SNOW
$115B
| $153M | 0.02% |
542,702
+504,798
| +1,332% | +$144M |
|
500
CALL
Royal Caribbean
RCL
$78.1B
| $152M | 0.02% |
2,040,600
-459,300
| -18% | -$32M |
|
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.