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 | |
|---|---|---|---|---|---|---|
601
Morgan Stanley
MS
$336B
| $135M | 0.02% |
1,379,266
-766,939
| -36% | -$76.4M |
|
|
X
602
DELISTED
US Steel
X
| $135M | 0.02% |
5,681,856
-2,350,007
| -29% | -$55.4M |
|
603
Intuit
INTU
$100B
| $135M | 0.02% |
210,180
+43,414
| +26% | +$26.8M |
|
604
CALL
XPeng
XPEV
$11.7B
| $135M | 0.02% |
2,682,500
-491,800
| -15% | -$22.2M |
|
605
CALL
Norwegian Cruise Line
NCLH
$7.92B
| $135M | 0.02% |
6,499,200
-2,117,700
| -25% | -$50.6M |
|
606
PUT
D.R. Horton
DHI
$41.5B
| $135M | 0.02% |
1,240,700
+194,200
| +19% | +$18.7M |
|
607
CALL
Dick's Sporting Goods
DKS
$16.4B
| $134M | 0.02% |
1,169,300
-106,700
| -8% | -$12.8M |
|
608
CALL
Automatic Data Processing
ADP
$112B
| $134M | 0.02% |
545,200
+206,200
| +61% | +$46.7M |
|
|
VMW
609
PUT
DELISTED
VMware, Inc
VMW
| $134M | 0.02% |
1,157,100
-260,000
| -18% | -$34.2M |
|
610
CALL
Waste Management
WM
$89.6B
| $133M | 0.02% |
799,100
+310,800
| +64% | +$50M |
|
611
PUT
Analog Devices
ADI
$182B
| $133M | 0.02% |
757,700
-931,100
| -55% | -$165M |
|
|
API
612
Agora
API
$369M
| $133M | 0.02% |
8,189,697
+1,370
| +0% | +$30.4K |
|
613
CALL
EOG Resources
EOG
$80.3B
| $133M | 0.02% |
1,493,100
+43,600
| +3% | +$3.92M |
|
614
PUT
Expedia Group
EXPE
$38.6B
| $133M | 0.02% |
733,200
-438,000
| -37% | -$74.4M |
|
615
Devon Energy
DVN
$54B
| $132M | 0.02% |
3,001,215
-240,169
| -7% | -$9.99M |
|
616
CALL
Zoetis
ZTS
$32.1B
| $132M | 0.02% |
539,200
+257,600
| +91% | +$56.4M |
|
617
PUT
Caesars Entertainment
CZR
$6.06B
| $131M | 0.02% |
1,399,400
+233,500
| +20% | +$23.7M |
|
618
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $130M | 0.02% |
1,689,751
+1,538,067
| +1,014% | +$111M |
|
|
XLNX
619
CALL
DELISTED
Xilinx Inc
XLNX
| $130M | 0.02% |
614,000
-391,400
| -39% | -$77.2M |
|
|
EA
620
PUT
DELISTED
Electronic Arts
EA
| $130M | 0.02% |
983,200
-3,700
| -0.4% | -$498K |
|
621
Broadcom
AVGO
$1.75T
| $129M | 0.02% |
1,943,990
-558,600
| -22% | -$31.4M |
|
622
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $129M | 0.02% |
988,100
-468,500
| -32% | -$62.8M |
|
623
CALL
ArcelorMittal
MT
$54.4B
| $129M | 0.02% |
4,041,900
-476,300
| -11% | -$14.8M |
|
624
CALL
Warner Bros
WBD
$71.6B
| $129M | 0.02% |
5,460,400
+1,025,500
| +23% | +$25.5M |
|
625
PUT
SLB Ltd
SLB
$79.9B
| $128M | 0.02% |
4,284,300
-258,700
| -6% | -$8.15M |
|
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.