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 | |
|---|---|---|---|---|---|---|
551
Procter & Gamble
PG
$336B
| $152M | 0.02% |
927,365
-523,220
| -36% | -$77.7M |
|
552
CALL
VanEck Gold Miners ETF
GDX
$32B
| $151M | 0.02% |
4,724,100
-5,972,700
| -56% | -$191M |
|
553
CALL
Seagate
STX
$193B
| $151M | 0.02% |
1,337,700
-22,600
| -2% | -$2.2M |
|
554
Goldman Sachs
GS
$303B
| $151M | 0.02% |
394,278
-262,223
| -40% | -$104M |
|
555
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $151M | 0.02% |
1,297,800
-652,800
| -33% | -$71.5M |
|
556
CALL
Fidelity National Information Services
FIS
$21.3B
| $151M | 0.02% |
1,379,100
+380,700
| +38% | +$43M |
|
557
CALL
Wynn Resorts
WYNN
$10.3B
| $150M | 0.02% |
1,763,800
-1,287,200
| -42% | -$114M |
|
558
CALL
Autodesk
ADSK
$53.6B
| $149M | 0.02% |
531,300
-430,400
| -45% | -$125M |
|
559
CALL
GSK
GSK
$105B
| $149M | 0.02% |
2,703,600
+1,007,040
| +59% | +$52.4M |
|
560
CALL
NXP Semiconductors
NXPI
$56.9B
| $149M | 0.02% |
652,200
-124,400
| -16% | -$26.5M |
|
561
PUT
XPeng
XPEV
$11.7B
| $149M | 0.02% |
2,951,200
-794,400
| -21% | -$35.8M |
|
562
PUT
Honeywell
HON
$68.4B
| $148M | 0.02% |
750,658
-312,995
| -29% | -$63.2M |
|
563
PUT
Constellation Brands
STZ
$23.2B
| $147M | 0.02% |
587,500
-204,000
| -26% | -$46.5M |
|
564
CALL
Lyft
LYFT
$6.61B
| $147M | 0.02% |
3,442,700
-817,200
| -19% | -$38.2M |
|
565
PUT
NextEra Energy
NEE
$174B
| $147M | 0.02% |
1,571,800
-526,800
| -25% | -$45.5M |
|
566
Alibaba
BABA
$286B
| $147M | 0.02% |
1,234,860
-733,515
| -37% | -$107M |
|
567
CALL
PENN Entertainment
PENN
$2.5B
| $146M | 0.02% |
2,816,700
-783,600
| -22% | -$47.5M |
|
568
PUT
Marathon Petroleum
MPC
$101B
| $146M | 0.02% |
2,276,100
-190,100
| -8% | -$12.2M |
|
569
PUT
BP
BP
$115B
| $145M | 0.02% |
5,458,000
-1,355,000
| -20% | -$37.6M |
|
570
CALL
Spotify
SPOT
$110B
| $145M | 0.02% |
619,900
-341,500
| -36% | -$85.4M |
|
571
PUT
Pinduoduo
PDD
$126B
| $144M | 0.02% |
2,476,000
-1,192,600
| -33% | -$94M |
|
572
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $144M | 0.02% |
1,005,400
+385,700
| +62% | +$50.2M |
|
573
CALL
Western Digital
WDC
$166B
| $144M | 0.02% |
2,922,110
-1,757,209
| -38% | -$76.4M |
|
574
CALL
Air Products & Chemicals
APD
$67.9B
| $144M | 0.02% |
472,800
+10,300
| +2% | +$3.02M |
|
575
CALL
Veeva Systems
VEEV
$40.3B
| $143M | 0.02% |
561,600
-174,300
| -24% | -$50.7M |
|
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.