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 | |
|---|---|---|---|---|---|---|
626
CALL
US Bancorp
USB
$97.3B
| $128M | 0.02% |
2,283,200
+417,600
| +22% | +$24.7M |
|
627
PUT
Lyft
LYFT
$6.69B
| $128M | 0.02% |
2,997,600
-1,012,800
| -25% | -$47.4M |
|
628
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $128M | 0.02% |
1,209,400
-1,334,800
| -52% | -$139M |
|
629
PUT
Western Digital
WDC
$157B
| $127M | 0.02% |
2,584,877
-786,524
| -23% | -$34.2M |
|
630
Beyond Meat
BYND
$243M
| $127M | 0.02% |
65,051
+57,323
| +742% | +$146M |
|
631
CALL
Linde
LIN
$226B
| $126M | 0.02% |
364,400
-50,200
| -12% | -$16.3M |
|
632
PUT
EOG Resources
EOG
$78.8B
| $125M | 0.02% |
1,407,900
+131,200
| +10% | +$11.8M |
|
633
PUT
RingCentral
RNG
$5.6B
| $125M | 0.02% |
665,200
-151,100
| -19% | -$33.5M |
|
634
PUT
Altria Group
MO
$114B
| $124M | 0.02% |
2,625,400
-337,800
| -11% | -$15.5M |
|
635
Caterpillar
CAT
$373B
| $124M | 0.02% |
600,049
+152,755
| +34% | +$30.8M |
|
636
CALL
KLA
KLAC
$237B
| $123M | 0.02% |
2,869,000
-547,000
| -16% | -$21.1M |
|
637
PUT
ProShares UltraPro S&P 500
UPRO
$5.45B
| $123M | 0.02% |
1,610,600
+261,600
| +19% | +$18.1M |
|
638
Norwegian Cruise Line
NCLH
$7.91B
| $122M | 0.02% |
5,862,814
+924,612
| +19% | +$22.1M |
|
639
PUT
iShares Russell 1000 Growth ETF
IWF
$124B
| $121M | 0.02% |
1,582,000
+587,600
| +59% | +$43.6M |
|
640
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $121M | 0.02% |
549,300
-51,400
| -9% | -$9.99M |
|
|
WBA
641
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $120M | 0.02% |
2,304,300
-1,278,200
| -36% | -$61.9M |
|
642
PUT
Clorox
CLX
$13B
| $120M | 0.02% |
689,300
-1,189,300
| -63% | -$198M |
|
|
DISCK
643
CALL
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $120M | 0.02% |
5,247,400
+3,358,200
| +178% | +$80.9M |
|
644
PUT
Live Nation Entertainment
LYV
$43B
| $120M | 0.02% |
1,002,400
-341,800
| -25% | -$36.8M |
|
645
PUT
Energy Transfer Partners
ET
$72.6B
| $120M | 0.02% |
14,568,500
+3,177,700
| +28% | +$28.9M |
|
646
PUT
eBay
EBAY
$47.7B
| $119M | 0.02% |
1,795,600
-355,100
| -17% | -$25.3M |
|
647
PUT
Dow Inc
DOW
$22.7B
| $118M | 0.02% |
2,088,700
-706,400
| -25% | -$40.3M |
|
|
EA
648
CALL
DELISTED
Electronic Arts
EA
| $118M | 0.02% |
895,200
-710,600
| -44% | -$95.6M |
|
649
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $118M | 0.02% |
2,601,600
-9,200
| -0.4% | -$397K |
|
650
PUT
BILL Holdings
BILL
$4.8B
| $117M | 0.02% |
469,600
+8,200
| +2% | +$2.32M |
|
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.