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 | |
|---|---|---|---|---|---|---|
826
PUT
Darden Restaurants
DRI
$25.6B
| $69.1M | 0.01% |
580,400
-881,600
| -60% | -$94.4M |
|
827
Energy Transfer Partners
ET
$72.6B
| $68.9M | 0.01% |
11,148,095
+5,181,918
| +87% | +$31.3M |
|
828
PUT
Macy's
M
$6.1B
| $68.9M | 0.01% |
6,121,900
-698,500
| -10% | -$5.98M |
|
829
CALL
ARK Innovation ETF
ARKK
$6.41B
| $68.3M | 0.01% |
548,600
+256,700
| +88% | +$27.8M |
|
|
JWN
830
DELISTED
Nordstrom
JWN
| $68.2M | 0.01% |
2,186,652
+818,398
| +60% | +$17.1M |
|
831
PUT
KraneShares CSI China Internet ETF
KWEB
$5.18B
| $68M | 0.01% |
885,600
-214,600
| -20% | -$15.9M |
|
832
Humana
HUM
$46.4B
| $68M | 0.01% |
165,730
+123,108
| +289% | +$51.2M |
|
833
CALL
Stryker
SYK
$126B
| $67.9M | 0.01% |
277,000
-11,100
| -4% | -$2.51M |
|
|
CGC
834
Canopy Growth
CGC
$472M
| $67.9M | 0.01% |
275,447
-22,189
| -7% | -$5.06M |
|
835
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $67.8M | 0.01% |
766,101
+588,269
| +331% | +$49.6M |
|
836
PUT
PNC Financial Services
PNC
$97.2B
| $67.8M | 0.01% |
455,200
-105,200
| -19% | -$13.4M |
|
|
RDS.B
837
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $67.8M | 0.01% |
2,017,212
+596,564
| +42% | +$17.8M |
|
838
CALL
StoneCo
STNE
$2.2B
| $67.7M | 0.01% |
807,100
+87,000
| +12% | +$5.83M |
|
839
PUT
Workhorse Group
WKHS
$34.1M
| $67.6M | 0.01% |
1,139
+105
| +10% | +$6.83M |
|
840
PUT
Cummins
CMI
$78.7B
| $67.3M | 0.01% |
296,500
-700
| -0.2% | -$157K |
|
841
CALL
NovoCure
NVCR
$1.95B
| $67.3M | 0.01% |
388,900
+125,400
| +48% | +$17.2M |
|
842
Cloudflare
NET
$99.8B
| $67.3M | 0.01% |
885,056
+193,762
| +28% | +$12.7M |
|
843
CALL
BP
BP
$113B
| $67.1M | 0.01% |
3,270,600
-1,581,300
| -33% | -$29.8M |
|
844
Teva Pharmaceuticals
TEVA
$43B
| $67.1M | 0.01% |
6,951,410
+2,448,516
| +54% | +$23.5M |
|
845
PUT
ChargePoint
CHPT
$153M
| $66.8M | 0.01% |
+83,350
| New | +$41.9M |
|
846
PUT
Caesars Entertainment
CZR
$6.04B
| $66.8M | 0.01% |
898,900
-311,700
| -26% | -$19.5M |
|
847
PUT
EOG Resources
EOG
$78.8B
| $66.6M | 0.01% |
1,336,300
-449,600
| -25% | -$19.5M |
|
848
PUT
Qorvo
QRVO
$8.41B
| $66.6M | 0.01% |
400,600
-23,100
| -5% | -$3.4M |
|
849
CALL
International Flavors & Fragrances
IFF
$21.9B
| $66.5M | 0.01% |
611,100
+320,100
| +110% | +$35.9M |
|
850
CALL
McKesson
MCK
$102B
| $66.5M | 0.01% |
382,400
+194,200
| +103% | +$32.3M |
|
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.