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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Apple
AAPL
|
+$931M |
| 3 |
Tesla
TSLA
|
+$793M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$769M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$644M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$703M |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Amazon
AMZN
|
+$678M |
| 4 |
JPMorgan Chase
JPM
|
+$601M |
| 5 |
Meta Platforms (Facebook)
META
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.48% |
| 3 | Healthcare | 0.92% |
| 4 | Communication Services | 0.78% |
| 5 | Financials | 0.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
iShares MSCI Brazil ETF
EWZ
$8.07B
| $89.5M | 0.01% |
2,414,656
-1,464,007
| -38% | -$47.2M |
|
702
PUT
MetLife
MET
$61.1B
| $89.5M | 0.01% |
1,906,400
-233,700
| -11% | -$10.1M |
|
703
CALL
iShares MSCI South Korea ETF
EWY
$27B
| $89M | 0.01% |
1,034,300
+533,800
| +107% | +$39.5M |
|
704
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $88.8M | 0.01% |
211,500
+18,700
| +10% | +$7.2M |
|
705
CALL
Alcoa
AA
$13B
| $88.8M | 0.01% |
3,852,500
+2,664,100
| +224% | +$46.4M |
|
706
Zscaler
ZS
$28.5B
| $88.7M | 0.01% |
443,963
-531,419
| -54% | -$84.5M |
|
707
CALL
Becton Dickinson
BDX
$52B
| $88.4M | 0.01% |
362,133
+144,115
| +66% | +$33.6M |
|
708
PUT
Clorox
CLX
$13B
| $88.4M | 0.01% |
437,800
-1,061,400
| -71% | -$220M |
|
709
CALL
Lennar Class A
LEN
$21.2B
| $88.2M | 0.01% |
1,195,388
+134,497
| +13% | +$10.1M |
|
710
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$675M
| $87.4M | 0.01% |
725,300
+15,700
| +2% | +$1.9M |
|
711
Micron Technology
MU
$1.03T
| $87.3M | 0.01% |
1,161,336
-902,915
| -44% | -$54.4M |
|
|
LNW
712
DELISTED
Light & Wonder
LNW
| $87.1M | 0.01% |
2,099,060
+277,644
| +15% | +$10.2M |
|
713
CALL
American International
AIG
$40.5B
| $86.9M | 0.01% |
2,295,900
+602,500
| +36% | +$21.2M |
|
714
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $86.6M | 0.01% |
2,762,200
-1,139,800
| -29% | -$36.1M |
|
715
PUT
Occidental Petroleum
OXY
$60.1B
| $86.6M | 0.01% |
5,002,000
-1,429,900
| -22% | -$19.6M |
|
716
PUT
Dell
DELL
$280B
| $86.2M | 0.01% |
2,321,826
+140,477
| +6% | +$4.89M |
|
717
Morgan Stanley
MS
$336B
| $86.2M | 0.01% |
1,257,878
-1,629,698
| -56% | -$93.5M |
|
718
PUT
Teva Pharmaceuticals
TEVA
$43B
| $85.9M | 0.01% |
8,900,900
+1,893,600
| +27% | +$18.1M |
|
719
PUT
Rocket Companies
RKT
$39.9B
| $85.4M | 0.01% |
4,225,900
+1,646,100
| +64% | +$34.7M |
|
720
CALL
AB InBev
BUD
$156B
| $85.4M | 0.01% |
1,221,600
+11,100
| +0.9% | +$702K |
|
721
PUT
Stanley Black & Decker
SWK
$14.9B
| $85.4M | 0.01% |
478,000
+232,800
| +95% | +$41.3M |
|
722
PUT
Boston Beer
SAM
$1.95B
| $85.3M | 0.01% |
85,800
-13,800
| -14% | -$13.2M |
|
723
CALL
XPeng
XPEV
$10.7B
| $85.3M | 0.01% |
1,991,200
+1,830,100
| +1,136% | +$67.2M |
|
|
PXD
724
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $85.1M | 0.01% |
747,400
+188,000
| +34% | +$18.3M |
|
725
PUT
Universal Display
OLED
$3.89B
| $85M | 0.01% |
369,900
-245,800
| -40% | -$52.5M |
|
Similar funds
Jeff Yass's Q4 2020 Portfolio in Review
As of Q4 2020, Jeff Yass held 12,204 positions worth $612B, up 17% from $522B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q4 2020 filing shows 1,723 new, 4,580 increased, 4,534 reduced and 1,264 closed positions. Its largest new stake was International Flavors & Fragrances: 726,729 shares worth $79.1M. The largest sale was Citigroup, an estimated $703M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jeff Yass's largest Q4 2020 buy was International Flavors & Fragrances: 726,729 shares worth $79.1M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $1.46B increase.
- Jeff Yass's biggest Q4 2020 reduction was Citigroup, cutting an estimated $703M.
- Jeff Yass fully exited Vanguard Total International Bond ETF in Q4 2020, selling an estimated $146M.
- Jeff Yass's ten largest holdings make up 32% of its $612B portfolio in Q4 2020.
- Jeff Yass opened 1,723 new positions and closed 1,264 in Q4 2020.
- Jeff Yass's portfolio value rose 17% quarter-over-quarter to $612B.
Based on Susquehanna International Group's 13F filing for Q4 2020, filed 16 Feb 2021.