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 | |
|---|---|---|---|---|---|---|
501
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $180M | 0.03% |
2,120,100
-397,300
| -16% | -$35.9M |
|
502
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $179M | 0.03% |
410,300
+105,200
| +34% | +$44.4M |
|
503
CALL
Rio Tinto
RIO
$171B
| $177M | 0.03% |
2,649,200
+493,500
| +23% | +$31.9M |
|
|
PSTH
504
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
| $177M | 0.03% |
8,973,621
+1,207,612
| +16% | +$24M |
|
505
PUT
Accenture
ACN
$113B
| $176M | 0.03% |
424,000
-190,700
| -31% | -$69.5M |
|
506
Verizon
VZ
$205B
| $175M | 0.03% |
3,375,114
-4,105,488
| -55% | -$214M |
|
507
CALL
Northrop Grumman
NOC
$78.3B
| $175M | 0.03% |
451,000
-145,000
| -24% | -$54M |
|
508
CALL
Humana
HUM
$45.5B
| $173M | 0.03% |
373,200
+27,700
| +8% | +$12.3M |
|
509
CALL
Dollar General
DG
$27.2B
| $173M | 0.03% |
733,800
-145,400
| -17% | -$32.1M |
|
510
Bank of America
BAC
$431B
| $172M | 0.03% |
3,856,816
+1,625,378
| +73% | +$74M |
|
511
PUT
State Street SPDR S&P Retail ETF
XRT
$491M
| $171M | 0.03% |
1,897,800
+875,000
| +86% | +$82.4M |
|
512
Target
TGT
$75.1B
| $167M | 0.03% |
719,778
+295,748
| +70% | +$71.9M |
|
513
CALL
Fortinet
FTNT
$113B
| $166M | 0.03% |
2,315,500
+433,000
| +23% | +$28.5M |
|
514
PUT
SolarEdge
SEDG
$1.9B
| $166M | 0.02% |
591,000
+29,700
| +5% | +$9.38M |
|
515
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $165M | 0.02% |
2,080,000
-118,000
| -5% | -$9.85M |
|
516
CALL
Illumina
ILMN
$33.1B
| $165M | 0.02% |
446,563
+69,595
| +18% | +$26.4M |
|
517
PUT
Rivian
RIVN
$24.6B
| $165M | 0.02% |
+1,591,000
| New | +$183M |
|
518
Merck
MRK
$376B
| $165M | 0.02% |
2,151,609
-2,301,093
| -52% | -$183M |
|
519
CALL
Dow Inc
DOW
$23.4B
| $165M | 0.02% |
2,903,400
+915,100
| +46% | +$52.2M |
|
520
PUT
Automatic Data Processing
ADP
$112B
| $164M | 0.02% |
666,400
+293,800
| +79% | +$66.5M |
|
521
CALL
Elevance Health
ELV
$86.9B
| $164M | 0.02% |
354,400
-301,500
| -46% | -$127M |
|
522
CALL
Diamondback Energy
FANG
$59B
| $164M | 0.02% |
1,521,000
-236,600
| -13% | -$25.6M |
|
|
DISCK
523
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $163M | 0.02% |
7,128,588
-546,677
| -7% | -$13.2M |
|
524
CALL
Constellation Brands
STZ
$23.2B
| $163M | 0.02% |
649,700
+127,700
| +24% | +$29.1M |
|
525
CALL
Strategy Inc
MSTR
$47.4B
| $163M | 0.02% |
2,988,000
-185,000
| -6% | -$12.7M |
|
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.