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 | |
|---|---|---|---|---|---|---|
651
Las Vegas Sands
LVS
$30.5B
| $117M | 0.02% |
3,102,546
-97,758
| -3% | -$3.76M |
|
652
PUT
Warner Bros
WBD
$71.6B
| $116M | 0.02% |
4,939,900
-418,400
| -8% | -$10.4M |
|
653
CBRE Group
CBRE
$44B
| $116M | 0.02% |
1,070,324
+1,022,335
| +2,130% | +$105M |
|
654
Johnson & Johnson
JNJ
$651B
| $116M | 0.02% |
675,374
-708,230
| -51% | -$116M |
|
655
Salesforce
CRM
$171B
| $115M | 0.02% |
454,382
+224,031
| +97% | +$62.9M |
|
656
CALL
Capital One
COF
$134B
| $115M | 0.02% |
794,300
-390,400
| -33% | -$60.3M |
|
657
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $115M | 0.02% |
881,500
-235,300
| -21% | -$31.5M |
|
658
CALL
CME Group
CME
$98.9B
| $115M | 0.02% |
502,100
-160,500
| -24% | -$35.3M |
|
659
PUT
BHP
BHP
$246B
| $115M | 0.02% |
2,133,375
+10,425
| +0.5% | +$521K |
|
660
CALL
United Rentals
URI
$68.4B
| $115M | 0.02% |
345,500
-211,600
| -38% | -$75.4M |
|
661
Chevron
CVX
$403B
| $114M | 0.02% |
974,129
-348,733
| -26% | -$39.6M |
|
662
CALL
Kohl's
KSS
$2B
| $114M | 0.02% |
2,314,000
-263,100
| -10% | -$13.4M |
|
663
PUT
The Mosaic Company
MOS
$7.76B
| $114M | 0.02% |
2,894,500
-621,000
| -18% | -$23.8M |
|
664
CALL
Caesars Entertainment
CZR
$6.06B
| $114M | 0.02% |
1,215,000
-1,458,400
| -55% | -$148M |
|
665
PUT
Albemarle
ALB
$16.9B
| $113M | 0.02% |
482,900
-78,600
| -14% | -$19.4M |
|
666
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $112M | 0.02% |
217,200
-154,400
| -42% | -$78.6M |
|
667
CALL
Macy's
M
$6B
| $112M | 0.02% |
4,294,500
-2,610,900
| -38% | -$71.2M |
|
668
Energy Transfer Partners
ET
$73B
| $112M | 0.02% |
13,644,032
+2,800,187
| +26% | +$25.4M |
|
669
ExxonMobil
XOM
$679B
| $112M | 0.02% |
1,832,529
-871,102
| -32% | -$54.4M |
|
670
CALL
BILL Holdings
BILL
$4.76B
| $112M | 0.02% |
449,300
-229,800
| -34% | -$65M |
|
671
Regeneron Pharmaceuticals
REGN
$85.9B
| $111M | 0.02% |
176,023
-94,140
| -35% | -$57.9M |
|
672
PUT
Nucor
NUE
$55.3B
| $111M | 0.02% |
973,800
-818,800
| -46% | -$89.5M |
|
673
PUT
Marvell Technology
MRVL
$213B
| $111M | 0.02% |
1,266,500
-44,700
| -3% | -$3.34M |
|
674
PUT
Occidental Petroleum
OXY
$61.3B
| $110M | 0.02% |
3,811,100
+399,200
| +12% | +$12.5M |
|
|
675
PUT
CBRE Group
CBRE
$44B
| $110M | 0.02% |
1,016,500
+998,500
| +5,547% | +$102M |
|
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.