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 | |
|---|---|---|---|---|---|---|
926
PUT
Tilray
TLRY
$649M
| $65.9M | 0.01% |
937,620
+123,370
| +15% | +$12.4M |
|
927
CALL
Equinix
EQIX
$104B
| $65.9M | 0.01% |
77,900
-32,200
| -29% | -$25.8M |
|
928
PUT
Innovative Industrial Properties
IIPR
$1.57B
| $65.8M | 0.01% |
250,300
+28,000
| +13% | +$7.18M |
|
929
PUT
Crocs
CROX
$6.03B
| $65.8M | 0.01% |
513,100
+119,700
| +30% | +$18.4M |
|
930
CALL
Equifax
EFX
$22.9B
| $65.5M | 0.01% |
223,700
+174,500
| +355% | +$48.6M |
|
931
PUT
Fidelity National Information Services
FIS
$21.4B
| $65.3M | 0.01% |
597,800
+187,200
| +46% | +$21.2M |
|
932
CALL
Edwards Lifesciences
EW
$52.2B
| $65.2M | 0.01% |
503,100
-67,700
| -12% | -$7.9M |
|
933
PUT
United States Natural Gas Fund
UNG
$511M
| $65.1M | 0.01% |
1,302,925
-157,075
| -11% | -$10.2M |
|
934
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $65M | 0.01% |
219,321
+172,877
| +372% | +$61.4M |
|
935
CALL
Teva Pharmaceuticals
TEVA
$43B
| $65M | 0.01% |
8,112,400
-3,031,900
| -27% | -$27.4M |
|
936
CALL
Paychex
PAYX
$44.8B
| $64.6M | 0.01% |
473,200
-113,200
| -19% | -$14M |
|
|
PXD
937
DELISTED
Pioneer Natural Resource Co.
PXD
| $64.5M | 0.01% |
354,855
+155,795
| +78% | +$28.7M |
|
|
CTRA
938
PUT
DELISTED
Coterra Energy
CTRA
| $64.5M | 0.01% |
3,392,100
+1,246,800
| +58% | +$26M |
|
939
CALL
Lumen
LUMN
$5.85B
| $64.4M | 0.01% |
5,134,000
+835,400
| +19% | +$10.6M |
|
|
RSX
940
PUT
DELISTED
VanEck Russia ETF
RSX
| $64.4M | 0.01% |
2,416,300
+741,100
| +44% | +$22.3M |
|
941
iShares China Large-Cap ETF
FXI
$4.24B
| $64.2M | 0.01% |
1,755,375
-1,818,739
| -51% | -$71.4M |
|
|
FL
942
PUT
DELISTED
Foot Locker
FL
| $64.2M | 0.01% |
1,470,500
-423,900
| -22% | -$20.1M |
|
943
Teladoc Health
TDOC
$1.13B
| $64.1M | 0.01% |
698,271
-229,598
| -25% | -$27.4M |
|
944
PUT
Seagate
STX
$180B
| $64M | 0.01% |
566,900
-462,800
| -45% | -$45M |
|
945
CALL
American Electric Power
AEP
$66.4B
| $63.9M | 0.01% |
718,400
+319,500
| +80% | +$27M |
|
946
Lam Research
LRCX
$388B
| $63.8M | 0.01% |
886,970
-3,030,960
| -77% | -$190M |
|
947
PUT
iShares Russell 1000 Value ETF
IWD
$84.3B
| $63.3M | 0.01% |
376,700
+73,300
| +24% | +$12M |
|
948
CALL
HCA Healthcare
HCA
$92.9B
| $63.2M | 0.01% |
244,800
-33,900
| -12% | -$8.3M |
|
949
DraftKings
DKNG
$12.9B
| $63M | 0.01% |
2,292,702
-392,325
| -15% | -$15.4M |
|
950
CALL
Futu Holdings
FUTU
$16.2B
| $63M | 0.01% |
1,454,300
+373,300
| +35% | +$21.3M |
|
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.