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 | |
|---|---|---|---|---|---|---|
476
PUT
Carvana
CVNA
$76.9B
| $194M | 0.03% |
4,175,500
-622,000
| -13% | -$34.2M |
|
|
PXD
477
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $192M | 0.03% |
1,057,700
-139,500
| -12% | -$25.7M |
|
478
Home Depot
HD
$335B
| $192M | 0.03% |
462,225
+284,870
| +161% | +$108M |
|
479
PUT
Unity
U
$20.7B
| $192M | 0.03% |
1,339,700
+365,800
| +38% | +$55.9M |
|
480
CALL
Marathon Petroleum
MPC
$101B
| $191M | 0.03% |
2,987,100
-1,863,200
| -38% | -$120M |
|
481
CALL
RTX Corp
RTX
$283B
| $191M | 0.03% |
2,216,900
-634,300
| -22% | -$55.3M |
|
482
PUT
Medtronic
MDT
$119B
| $191M | 0.03% |
1,843,400
+272,300
| +17% | +$31.5M |
|
483
CALL
Simon Property Group
SPG
$70.6B
| $190M | 0.03% |
1,191,200
-950,700
| -44% | -$145M |
|
484
CALL
SoFi Technologies
SOFI
$24.4B
| $190M | 0.03% |
12,032,000
+1,142,100
| +10% | +$21M |
|
485
PUT
Cleveland-Cliffs
CLF
$6.43B
| $189M | 0.03% |
8,696,800
-2,762,900
| -24% | -$59.5M |
|
486
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $189M | 0.03% |
1,021,400
-519,200
| -34% | -$105M |
|
487
PUT
Skyworks Solutions
SWKS
$10.1B
| $188M | 0.03% |
1,213,600
+233,600
| +24% | +$37.4M |
|
488
CALL
HubSpot
HUBS
$12B
| $187M | 0.03% |
284,400
+72,600
| +34% | +$54.9M |
|
489
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $187M | 0.03% |
629,225
+33,606
| +6% | +$11.9M |
|
490
PUT
Norwegian Cruise Line
NCLH
$7.92B
| $186M | 0.03% |
8,986,700
+400,600
| +5% | +$9.58M |
|
491
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $185M | 0.03% |
2,612,600
-2,278,100
| -47% | -$163M |
|
492
CALL
Nokia
NOK
$57B
| $184M | 0.03% |
29,502,200
+5,417,500
| +22% | +$31.6M |
|
|
493
iShares MSCI EAFE ETF
EFA
$80B
| $183M | 0.03% |
2,329,592
-14,787,117
| -86% | -$1.17B |
|
494
CALL
Clorox
CLX
$12.9B
| $183M | 0.03% |
1,048,200
-802,100
| -43% | -$134M |
|
|
SCHW
495
CALL
Charles Schwab
SCHW
$194B
| $182M | 0.03% |
2,163,400
+139,300
| +7% | +$11.3M |
|
496
PUT
Avis
CAR
$5.18B
| $181M | 0.03% |
875,200
-25,200
| -3% | -$5.59M |
|
497
CALL
Nucor
NUE
$55.3B
| $181M | 0.03% |
1,588,000
-1,063,600
| -40% | -$116M |
|
498
Novavax
NVAX
$1.47B
| $181M | 0.03% |
1,264,172
-106,982
| -8% | -$18.4M |
|
499
CALL
D.R. Horton
DHI
$41.5B
| $181M | 0.03% |
1,666,400
+268,000
| +19% | +$25.8M |
|
|
WBA
500
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $180M | 0.03% |
3,457,000
-1,262,000
| -27% | -$61.1M |
|
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.