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 | |
|---|---|---|---|---|---|---|
76
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $1.29B | 0.19% |
36,930,000
-4,875,000
| -12% | -$172M |
|
|
XYZ
77
CALL
Block Inc
XYZ
$49.4B
| $1.24B | 0.19% |
7,496,200
-117,000
| -2% | -$25.4M |
|
|
78
CALL
Citigroup
C
$221B
| $1.24B | 0.19% |
20,471,800
-3,457,500
| -14% | -$230M |
|
79
PUT
Visa
V
$693B
| $1.2B | 0.18% |
5,560,000
-1,551,800
| -22% | -$333M |
|
80
PUT
Micron Technology
MU
$1.09T
| $1.17B | 0.17% |
12,515,500
-1,933,700
| -13% | -$151M |
|
81
PUT
GE Aerospace
GE
$361B
| $1.16B | 0.17% |
19,738,471
-3,025,279
| -13% | -$190M |
|
|
82
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $1.15B | 0.17% |
14,601,400
+2,519,400
| +21% | +$200M |
|
|
83
Citigroup
C
$221B
| $1.15B | 0.17% |
18,983,933
+17,041,665
| +877% | +$1.13B |
|
84
PUT
JPMorgan Chase
JPM
$935B
| $1.14B | 0.17% |
7,212,500
-2,978,900
| -29% | -$489M |
|
85
PUT
Zoom
ZM
$31.5B
| $1.14B | 0.17% |
6,206,900
-702,600
| -10% | -$165M |
|
86
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.14B | 0.17% |
7,673,800
-2,954,500
| -28% | -$435M |
|
87
PUT
Palo Alto Networks
PANW
$292B
| $1.13B | 0.17% |
12,178,200
+4,818,600
| +65% | +$417M |
|
88
CALL
Adobe
ADBE
$109B
| $1.08B | 0.16% |
1,909,000
-177,200
| -8% | -$111M |
|
89
CALL
Mastercard
MA
$509B
| $1.07B | 0.16% |
2,977,100
-359,300
| -11% | -$124M |
|
90
CALL
Goldman Sachs
GS
$303B
| $1.07B | 0.16% |
2,788,200
-608,700
| -18% | -$241M |
|
91
PUT
Home Depot
HD
$335B
| $1.05B | 0.16% |
2,540,000
-90,300
| -3% | -$34.4M |
|
92
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $1B | 0.15% |
10,432,000
-666,000
| -6% | -$68.2M |
|
93
CALL
Target
TGT
$75.1B
| $980M | 0.15% |
4,233,900
+772,200
| +22% | +$188M |
|
|
94
PUT
Nike
NKE
$60.5B
| $934M | 0.14% |
5,602,900
-927,500
| -14% | -$153M |
|
95
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $930M | 0.14% |
18,950,700
-10,909,400
| -37% | -$549M |
|
96
PUT
Pfizer
PFE
$160B
| $930M | 0.14% |
15,743,900
-2,820,000
| -15% | -$140M |
|
97
CALL
Wells Fargo
WFC
$254B
| $926M | 0.14% |
19,291,700
-13,274,700
| -41% | -$654M |
|
98
PUT
FedEx
FDX
$76.9B
| $924M | 0.14% |
3,570,700
-1,577,700
| -31% | -$379M |
|
99
CALL
Broadcom
AVGO
$1.75T
| $922M | 0.14% |
13,859,000
-1,177,000
| -8% | -$66.2M |
|
|
100
CALL
Nike
NKE
$60.5B
| $917M | 0.14% |
5,503,800
-1,618,200
| -23% | -$267M |
|
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.