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 | |
|---|---|---|---|---|---|---|
726
PUT
Rio Tinto
RIO
$170B
| $96.3M | 0.01% |
1,438,200
-224,700
| -14% | -$14.5M |
|
727
Honeywell
HON
$68.1B
| $96M | 0.01% |
488,415
+193,350
| +66% | +$39M |
|
728
PUT
iShares MSCI Canada ETF
EWC
$6.88B
| $96M | 0.01% |
2,497,200
+340,300
| +16% | +$13.1M |
|
729
CALL
DuPont de Nemours
DD
$18.4B
| $95.9M | 0.01% |
946,201
-197,255
| -17% | -$18.8M |
|
730
PepsiCo
PEP
$198B
| $95.8M | 0.01% |
551,589
-28,356
| -5% | -$4.63M |
|
731
CALL
United States Natural Gas Fund
UNG
$512M
| $95.7M | 0.01% |
1,916,200
-134,000
| -7% | -$8.71M |
|
732
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $95.7M | 0.01% |
588,100
-123,600
| -17% | -$19.5M |
|
733
United Parcel Service
UPS
$87.1B
| $95.7M | 0.01% |
446,398
+233,039
| +109% | +$47.4M |
|
734
PUT
Dollar General
DG
$27.5B
| $95.3M | 0.01% |
404,300
+36,300
| +10% | +$8.02M |
|
735
PUT
TJX Companies
TJX
$155B
| $94.9M | 0.01% |
1,250,500
-1,459,800
| -54% | -$101M |
|
736
PUT
Colgate-Palmolive
CL
$73.2B
| $94.7M | 0.01% |
1,110,100
+187,000
| +20% | +$14.6M |
|
737
CALL
ProShares Ultra S&P500
SSO
$8.38B
| $94.6M | 0.01% |
2,584,400
+582,000
| +29% | +$19.9M |
|
738
CALL
QuantumScape Corp
QS
$3.53B
| $94.5M | 0.01% |
4,260,000
-2,870,800
| -40% | -$78.6M |
|
739
PUT
KLA
KLAC
$238B
| $93.7M | 0.01% |
2,179,000
-2,907,000
| -57% | -$112M |
|
740
Marathon Digital Holdings
MARA
$4.43B
| $93.7M | 0.01% |
2,850,200
+486,758
| +21% | +$23.3M |
|
741
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$245M
| $93.7M | 0.01% |
3,043,200
+544,600
| +22% | +$16.1M |
|
742
PUT
Philip Morris
PM
$296B
| $93.7M | 0.01% |
985,800
-1,111,900
| -53% | -$104M |
|
743
CALL
Prudential Financial
PRU
$42.1B
| $93.2M | 0.01% |
861,000
-308,000
| -26% | -$33.5M |
|
744
CALL
Albemarle
ALB
$16.7B
| $93.1M | 0.01% |
398,300
-172,900
| -30% | -$42.8M |
|
|
745
PUT
Marathon Digital Holdings
MARA
$4.43B
| $93M | 0.01% |
2,830,000
+300,200
| +12% | +$14.4M |
|
746
PUT
KB Home
KBH
$3.42B
| $92.8M | 0.01% |
2,075,700
-29,700
| -1% | -$1.24M |
|
747
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $92.6M | 0.01% |
3,335,854
-10,931,028
| -77% | -$309M |
|
748
CALL
Norfolk Southern
NSC
$79B
| $92.4M | 0.01% |
310,500
+47,100
| +18% | +$13.2M |
|
749
CALL
Li Auto
LI
$12.2B
| $92.2M | 0.01% |
2,872,700
-655,400
| -19% | -$20.2M |
|
750
CALL
iShares Semiconductor ETF
SOXX
$41.4B
| $91.8M | 0.01% |
507,600
+338,100
| +199% | +$56.7M |
|
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.