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 | |
|---|---|---|---|---|---|---|
801
CALL
Fortinet
FTNT
$112B
| $72.6M | 0.01% |
2,445,000
+377,000
| +18% | +$9.53M |
|
802
PUT
Linde
LIN
$226B
| $72.6M | 0.01% |
275,600
-131,000
| -32% | -$32.2M |
|
803
CALL
Intercontinental Exchange
ICE
$91.5B
| $72.5M | 0.01% |
629,100
-27,800
| -4% | -$2.88M |
|
804
CALL
ON Semiconductor
ON
$28B
| $72.5M | 0.01% |
2,213,900
+744,500
| +51% | +$20.8M |
|
805
PUT
D.R. Horton
DHI
$41.7B
| $72.5M | 0.01% |
1,051,300
+164,100
| +18% | +$12M |
|
806
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $72.4M | 0.01% |
210,700
-74,900
| -26% | -$24.4M |
|
807
PUT
Progressive
PGR
$130B
| $72.3M | 0.01% |
731,600
+219,500
| +43% | +$20.8M |
|
808
CALL
ArcelorMittal
MT
$54.8B
| $72.2M | 0.01% |
3,153,400
+1,204,700
| +62% | +$21.1M |
|
|
FL
809
PUT
DELISTED
Foot Locker
FL
| $72.1M | 0.01% |
1,781,700
+200,800
| +13% | +$7.83M |
|
810
PUT
BioNTech
BNTX
$28.3B
| $71.9M | 0.01% |
882,500
-542,800
| -38% | -$53.3M |
|
|
ZEN
811
CALL
DELISTED
ZENDESK INC
ZEN
| $71.8M | 0.01% |
501,900
-371,500
| -43% | -$46.1M |
|
|
812
CALL
D.R. Horton
DHI
$41.7B
| $71.7M | 0.01% |
1,040,500
-209,400
| -17% | -$15.3M |
|
|
EXAS
813
CALL
DELISTED
Exact Sciences
EXAS
| $71.6M | 0.01% |
540,200
-122,900
| -19% | -$14.9M |
|
814
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$5.38B
| $71.3M | 0.01% |
1,753,000
+592,000
| +51% | +$20.1M |
|
815
PUT
Madison Square Garden
MSGS
$9.69B
| $71M | 0.01% |
385,700
+237,800
| +161% | +$39.1M |
|
|
X
816
CALL
DELISTED
US Steel
X
| $71M | 0.01% |
4,230,800
+1,333,500
| +46% | +$16.6M |
|
817
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $70.9M | 0.01% |
1,959,800
-501,000
| -20% | -$17.2M |
|
818
PUT
Lennar Class A
LEN
$21.2B
| $70.9M | 0.01% |
960,380
-308,867
| -24% | -$23.1M |
|
819
PUT
Mondelez International
MDLZ
$82.6B
| $70.8M | 0.01% |
1,211,100
+32,800
| +3% | +$1.87M |
|
820
Cleveland-Cliffs
CLF
$6.45B
| $70.7M | 0.01% |
4,856,096
+1,482,352
| +44% | +$15M |
|
821
CALL
C.H. Robinson
CHRW
$16.7B
| $70.2M | 0.01% |
748,100
-142,000
| -16% | -$13.5M |
|
|
B
822
CALL
Barrick Mining
B
$79.3B
| $69.9M | 0.01% |
3,069,300
-2,757,900
| -47% | -$69.9M |
|
823
CALL
EOG Resources
EOG
$78.8B
| $69.8M | 0.01% |
1,400,200
+89,200
| +7% | +$3.88M |
|
|
824
CALL
Cleveland-Cliffs
CLF
$6.45B
| $69.5M | 0.01% |
4,771,200
+1,859,100
| +64% | +$18.8M |
|
825
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $69.3M | 0.01% |
636,200
+34,700
| +6% | +$3.7M |
|
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.