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 | |
|---|---|---|---|---|---|---|
901
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $68.7M | 0.01% |
450,100
+21,500
| +5% | +$3.33M |
|
902
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $68.7M | 0.01% |
1,515,800
-197,600
| -12% | -$8.53M |
|
903
CALL
Cummins
CMI
$78.7B
| $68.7M | 0.01% |
314,800
-80,700
| -20% | -$18.4M |
|
904
CALL
C.H. Robinson
CHRW
$16.7B
| $68.6M | 0.01% |
637,100
+152,300
| +31% | +$14.8M |
|
905
C3.ai
AI
$1.57B
| $68.5M | 0.01% |
2,191,537
-144,312
| -6% | -$5.84M |
|
906
CALL
CF Industries
CF
$19.6B
| $68.5M | 0.01% |
967,500
+302,500
| +45% | +$18.9M |
|
907
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $68.4M | 0.01% |
629,900
+464,600
| +281% | +$50.3M |
|
908
PUT
Kimberly-Clark
KMB
$37B
| $68.3M | 0.01% |
477,800
-156,200
| -25% | -$21M |
|
909
Affirm
AFRM
$25.7B
| $68.2M | 0.01% |
678,410
-800,808
| -54% | -$106M |
|
910
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $68M | 0.01% |
409,300
+103,400
| +34% | +$17.2M |
|
911
Medtronic
MDT
$119B
| $67.9M | 0.01% |
656,146
+138,258
| +27% | +$16M |
|
912
PUT
Ross Stores
ROST
$77.5B
| $67.8M | 0.01% |
593,300
+279,800
| +89% | +$31.3M |
|
913
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $67.8M | 0.01% |
591,800
+382,400
| +183% | +$43.6M |
|
914
Trade Desk
TTD
$6.24B
| $67.7M | 0.01% |
738,958
+322,143
| +77% | +$28.2M |
|
915
SLB Ltd
SLB
$80.1B
| $67.6M | 0.01% |
2,258,132
-1,407,992
| -38% | -$44.4M |
|
916
XPeng
XPEV
$10.7B
| $67.6M | 0.01% |
1,343,033
-698,468
| -34% | -$31.5M |
|
917
Riot Platforms
RIOT
$7.51B
| $67.5M | 0.01% |
3,022,091
+269,380
| +10% | +$8.02M |
|
918
CALL
QuidelOrtho
QDEL
$994M
| $67.4M | 0.01% |
499,600
-9,100
| -2% | -$1.27M |
|
919
CALL
Halliburton
HAL
$28.9B
| $67.1M | 0.01% |
2,932,500
+48,000
| +2% | +$1.14M |
|
|
920
PUT
C3.ai
AI
$1.57B
| $66.8M | 0.01% |
2,137,100
-565,800
| -21% | -$22.9M |
|
921
CALL
Ambarella
AMBA
$3.07B
| $66.6M | 0.01% |
328,400
-10,000
| -3% | -$1.85M |
|
922
Applied Materials
AMAT
$384B
| $66.6M | 0.01% |
423,042
-273,496
| -39% | -$39.6M |
|
923
PUT
Digital Turbine
APPS
$1.3B
| $66.5M | 0.01% |
1,090,500
-153,500
| -12% | -$10.4M |
|
924
PUT
Invesco Solar ETF
TAN
$1.25B
| $66.2M | 0.01% |
860,500
-49,000
| -5% | -$4.29M |
|
925
PUT
Kraft Heinz
KHC
$30.4B
| $66.1M | 0.01% |
1,840,400
-177,900
| -9% | -$6.39M |
|
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.