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 | |
|---|---|---|---|---|---|---|
1026
Charter Communications
CHTR
$17.9B
| $54.7M | 0.01% |
83,965
+26,729
| +47% | +$18.2M |
|
1027
CALL
Opendoor
OPEN
$3.33B
| $54.6M | 0.01% |
3,864,770
-693,573
| -15% | -$12.8M |
|
1028
Danaher
DHR
$151B
| $54.6M | 0.01% |
187,301
-32,310
| -15% | -$8.9M |
|
1029
Eli Lilly
LLY
$1.11T
| $54.5M | 0.01% |
197,153
-226,629
| -53% | -$57.5M |
|
1030
PUT
US Bancorp
USB
$97.3B
| $54.3M | 0.01% |
966,000
-204,900
| -17% | -$12.1M |
|
1031
CALL
Stryker
SYK
$126B
| $54.2M | 0.01% |
202,800
-29,400
| -13% | -$7.72M |
|
|
CERN
1032
DELISTED
Cerner Corp
CERN
| $54M | 0.01% |
581,453
+469,839
| +421% | +$35.8M |
|
1033
PUT
Ambarella
AMBA
$3.07B
| $54M | 0.01% |
266,000
+35,500
| +15% | +$6.58M |
|
1034
PUT
Becton Dickinson
BDX
$52B
| $53.9M | 0.01% |
219,863
+57,195
| +35% | +$13.7M |
|
1035
Philip Morris
PM
$298B
| $53.9M | 0.01% |
567,329
+22,917
| +4% | +$2.14M |
|
1036
Tilray
TLRY
$649M
| $53.8M | 0.01% |
765,822
+213,829
| +39% | +$21.5M |
|
1037
Linde
LIN
$226B
| $53.8M | 0.01% |
155,071
-240,619
| -61% | -$78M |
|
1038
PUT
iShares MSCI Japan ETF
EWJ
$22.4B
| $53.8M | 0.01% |
803,000
-298,200
| -27% | -$20.4M |
|
1039
AdvisorShares Pure US Cannabis ETF
MSOS
$982M
| $53.7M | 0.01% |
2,098,965
+1,074,181
| +105% | +$29.7M |
|
1040
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $53.7M | 0.01% |
103,727
+334
| +0.3% | +$170K |
|
|
NVO
1041
CALL
Novo Nordisk
NVO
$207B
| $53.5M | 0.01% |
955,800
+526,400
| +123% | +$28.5M |
|
1042
Illumina
ILMN
$33.7B
| $53.3M | 0.01% |
144,118
+38,573
| +37% | +$14.6M |
|
|
HIMX
1043
Himax Technologies
HIMX
$2.34B
| $53.3M | 0.01% |
3,334,524
+1,691,665
| +103% | +$18.5M |
|
1044
PUT
Ralph Lauren
RL
$22.1B
| $53.3M | 0.01% |
448,500
+40,200
| +10% | +$4.83M |
|
1045
CALL
Corning
GLW
$125B
| $53.2M | 0.01% |
1,429,700
-486,100
| -25% | -$18.2M |
|
1046
PUT
Prologis
PLD
$136B
| $53.2M | 0.01% |
315,900
+8,700
| +3% | +$1.3M |
|
1047
Southern Company
SO
$104B
| $53M | 0.01% |
772,398
+533,514
| +223% | +$34M |
|
1048
VanEck Semiconductor ETF
SMH
$64.8B
| $52.9M | 0.01% |
342,896
-239,176
| -41% | -$34.6M |
|
1049
CALL
Zebra Technologies
ZBRA
$17.2B
| $52.9M | 0.01% |
88,800
+18,800
| +27% | +$10.7M |
|
1050
Deere & Co
DE
$175B
| $52.8M | 0.01% |
154,126
-186,124
| -55% | -$64.8M |
|
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.