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 | |
|---|---|---|---|---|---|---|
76
CALL
Mastercard
MA
$509B
| $1.06B | 0.17% |
2,971,700
+472,900
| +19% | +$157M |
|
|
77
PUT
Bank of America
BAC
$431B
| $1.03B | 0.17% |
34,066,300
-6,080,900
| -15% | -$163M |
|
78
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.03B | 0.17% |
6,518,800
+1,071,900
| +20% | +$170M |
|
79
CALL
Pfizer
PFE
$160B
| $1.02B | 0.17% |
27,725,400
+18,654,465
| +206% | +$684M |
|
80
PUT
Micron Technology
MU
$1.09T
| $1B | 0.16% |
13,337,700
-1,236,800
| -8% | -$74.6M |
|
81
CALL
Baidu
BIDU
$31.6B
| $1B | 0.16% |
4,631,400
+1,927,800
| +71% | +$286M |
|
82
CALL
Home Depot
HD
$335B
| $977M | 0.16% |
3,676,600
+301,300
| +9% | +$82.8M |
|
83
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $969M | 0.16% |
18,756,400
+5,087,000
| +37% | +$245M |
|
84
CALL
Charter Communications
CHTR
$17.9B
| $969M | 0.16% |
1,464,300
+482,000
| +49% | +$307M |
|
85
Alibaba
BABA
$286B
| $967M | 0.16% |
4,155,266
+1,540,639
| +59% | +$428M |
|
86
PUT
Qualcomm
QCOM
$169B
| $945M | 0.15% |
6,203,700
+1,349,300
| +28% | +$188M |
|
|
87
PUT
Mastercard
MA
$509B
| $938M | 0.15% |
2,626,900
-173,700
| -6% | -$57.8M |
|
88
PUT
PayPal
PYPL
$52.7B
| $928M | 0.15% |
3,963,500
-792,200
| -17% | -$164M |
|
89
PUT
Intel
INTC
$476B
| $922M | 0.15% |
18,497,700
+720,300
| +4% | +$35.2M |
|
90
CALL
Peloton Interactive
PTON
$2.37B
| $921M | 0.15% |
6,071,600
+584,500
| +11% | +$71.2M |
|
|
91
Alphabet (Google) Class A
GOOGL
$4.22T
| $917M | 0.15% |
10,466,420
-888,140
| -8% | -$74.7M |
|
92
CALL
Goldman Sachs
GS
$303B
| $916M | 0.15% |
3,473,400
+613,300
| +21% | +$137M |
|
93
CALL
Snap
SNAP
$8.86B
| $902M | 0.15% |
18,022,600
-546,300
| -3% | -$22.7M |
|
94
PUT
Walmart Inc
WMT
$825B
| $898M | 0.15% |
18,678,600
+696,000
| +4% | +$33.8M |
|
95
CALL
Uber
UBER
$161B
| $893M | 0.15% |
17,519,400
-3,453,500
| -16% | -$155M |
|
|
96
CALL
Micron Technology
MU
$1.09T
| $880M | 0.14% |
11,698,600
+869,500
| +8% | +$52.4M |
|
97
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $861M | 0.14% |
23,559,800
+4,490,800
| +24% | +$168M |
|
98
PUT
CrowdStrike
CRWD
$195B
| $843M | 0.14% |
15,913,600
-3,094,000
| -16% | -$121M |
|
|
99
Alphabet (Google) Class C
GOOG
$4.18T
| $837M | 0.14% |
9,557,120
+7,629,280
| +396% | +$644M |
|
100
CALL
Johnson & Johnson
JNJ
$651B
| $828M | 0.14% |
5,260,400
+1,042,500
| +25% | +$154M |
|
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.