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 | |
|---|---|---|---|---|---|---|
|
SCHW
551
CALL
Charles Schwab
SCHW
$196B
| $130M | 0.02% |
2,451,400
+1,209,100
| +97% | +$54.7M |
|
552
CALL
Norfolk Southern
NSC
$78.9B
| $130M | 0.02% |
546,900
+161,800
| +42% | +$36.8M |
|
553
CALL
Virgin Galactic
SPCE
$456M
| $130M | 0.02% |
273,765
-34,450
| -11% | -$16.1M |
|
554
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.3B
| $130M | 0.02% |
4,176,000
-2,175,000
| -34% | -$52.1M |
|
555
Vale
VALE
$63.7B
| $130M | 0.02% |
7,727,337
+2,217,777
| +40% | +$29.6M |
|
556
CALL
Wolfspeed
WOLF
$1.26B
| $128M | 0.02% |
1,209,900
+839,700
| +227% | +$67.4M |
|
557
CALL
Universal Display
OLED
$3.91B
| $128M | 0.02% |
557,200
+48,600
| +10% | +$10.4M |
|
558
CALL
Deere & Co
DE
$176B
| $128M | 0.02% |
475,800
-228,700
| -32% | -$56.8M |
|
559
CALL
CME Group
CME
$99.9B
| $127M | 0.02% |
700,100
-245,000
| -26% | -$41.7M |
|
560
PUT
Lemonade
LMND
$4.13B
| $127M | 0.02% |
1,039,300
+589,400
| +131% | +$43.5M |
|
561
CALL
DexCom
DXCM
$34.6B
| $127M | 0.02% |
1,376,800
+279,600
| +25% | +$25M |
|
562
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.28B
| $127M | 0.02% |
1,916,600
-1,163,900
| -38% | -$56.5M |
|
563
PUT
Li Auto
LI
$12.3B
| $127M | 0.02% |
4,398,600
+3,362,400
| +324% | +$92.2M |
|
564
PUT
Fiverr
FVRR
$335M
| $126M | 0.02% |
647,300
+375,700
| +138% | +$68M |
|
565
PUT
NetEase
NTES
$78.8B
| $126M | 0.02% |
1,315,500
-987,500
| -43% | -$88.6M |
|
566
CALL
Norwegian Cruise Line
NCLH
$7.83B
| $125M | 0.02% |
4,925,500
+675,200
| +16% | +$14.1M |
|
567
BP
BP
$113B
| $125M | 0.02% |
6,092,336
+2,386,048
| +64% | +$45M |
|
|
SFIX
568
PUT
Stitch Fix
SFIX
$436M
| $125M | 0.02% |
2,127,200
-16,900
| -0.8% | -$723K |
|
569
CALL
Phillips 66
PSX
$95.9B
| $125M | 0.02% |
1,784,000
+565,300
| +46% | +$33.2M |
|
570
PUT
Kraft Heinz
KHC
$30.5B
| $124M | 0.02% |
3,576,300
-901,800
| -20% | -$29.3M |
|
571
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $124M | 0.02% |
3,942,000
-2,118,200
| -35% | -$67M |
|
572
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $123M | 0.02% |
1,064,200
-303,700
| -22% | -$34.4M |
|
573
Nike
NKE
$60.6B
| $123M | 0.02% |
866,219
+66,526
| +8% | +$8.81M |
|
574
United Airlines
UAL
$36.6B
| $122M | 0.02% |
2,831,925
+1,152,863
| +69% | +$46.6M |
|
|
VMW
575
CALL
DELISTED
VMware, Inc
VMW
| $122M | 0.02% |
868,700
-105,500
| -11% | -$15.1M |
|
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.