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 | |
|---|---|---|---|---|---|---|
|
COUP
676
PUT
DELISTED
Coupa Software Incorporated
COUP
| $110M | 0.02% |
696,600
-502,200
| -42% | -$103M |
|
677
PUT
Vertex Pharmaceuticals
VRTX
$140B
| $110M | 0.02% |
499,900
-336,700
| -40% | -$65.5M |
|
678
CALL
S&P Global
SPGI
$128B
| $110M | 0.02% |
232,500
-309,700
| -57% | -$142M |
|
679
PUT
Veeva Systems
VEEV
$40.1B
| $109M | 0.02% |
427,800
-227,000
| -35% | -$66M |
|
680
CALL
Best Buy
BBY
$18.5B
| $109M | 0.02% |
1,072,000
-1,239,600
| -54% | -$141M |
|
681
Baidu
BIDU
$31.2B
| $109M | 0.02% |
731,161
-103,981
| -12% | -$16.2M |
|
682
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$5.39B
| $109M | 0.02% |
1,259,500
+105,700
| +9% | +$7.95M |
|
683
CALL
Becton Dickinson
BDX
$52B
| $108M | 0.02% |
440,853
+155,288
| +54% | +$37.2M |
|
684
CALL
eBay
EBAY
$47.3B
| $108M | 0.02% |
1,624,700
-574,600
| -26% | -$41M |
|
685
Upstart Holdings
UPST
$2.9B
| $108M | 0.02% |
712,306
+372,963
| +110% | +$93.2M |
|
686
CALL
Beyond Meat
BYND
$243M
| $107M | 0.02% |
54,570
-58,277
| -52% | -$149M |
|
687
CALL
Take-Two Interactive
TTWO
$44.2B
| $106M | 0.02% |
598,900
-52,900
| -8% | -$9.22M |
|
688
Pfizer
PFE
$160B
| $106M | 0.02% |
1,793,583
-4,416,414
| -71% | -$219M |
|
689
CALL
Boston Beer
SAM
$1.94B
| $105M | 0.02% |
208,700
-157,900
| -43% | -$78.9M |
|
690
Atlassian
TEAM
$43.4B
| $105M | 0.02% |
276,080
-81,649
| -23% | -$32.8M |
|
691
PUT
Elevance Health
ELV
$87.3B
| $104M | 0.02% |
225,400
-315,200
| -58% | -$133M |
|
692
CALL
MetLife
MET
$60.9B
| $104M | 0.02% |
1,667,700
-65,600
| -4% | -$4.12M |
|
693
CALL
The Mosaic Company
MOS
$7.59B
| $104M | 0.02% |
2,636,900
-262,000
| -9% | -$10M |
|
694
CALL
Teck Resources
TECK
$34.1B
| $104M | 0.02% |
3,591,600
+434,300
| +14% | +$11.9M |
|
|
695
PUT
Best Buy
BBY
$18.5B
| $103M | 0.02% |
1,016,900
-729,300
| -42% | -$83M |
|
696
PUT
PNC Financial Services
PNC
$97B
| $103M | 0.02% |
515,200
-35,600
| -6% | -$7.24M |
|
697
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $103M | 0.02% |
672,700
-108,000
| -14% | -$16.7M |
|
698
CALL
ON Semiconductor
ON
$27.8B
| $103M | 0.02% |
1,510,400
+87,000
| +6% | +$4.93M |
|
|
X
699
CALL
DELISTED
US Steel
X
| $102M | 0.02% |
4,286,600
-5,807,600
| -58% | -$137M |
|
700
CALL
Five Below
FIVE
$14.2B
| $101M | 0.02% |
489,600
-11,400
| -2% | -$2.24M |
|
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.