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 | |
|---|---|---|---|---|---|---|
1276
PUT
LyondellBasell Industries
LYB
$20.2B
| $38.8M | 0.01% |
420,200
+56,100
| +15% | +$5.21M |
|
1277
CALL
Crocs
CROX
$5.89B
| $38.7M | 0.01% |
302,000
+81,900
| +37% | +$12.6M |
|
1278
Tencent Music
TME
$14.3B
| $38.7M | 0.01% |
5,648,652
-1,325,128
| -19% | -$9.77M |
|
1279
CALL
iShares MSCI Mexico ETF
EWW
$1.81B
| $38.6M | 0.01% |
763,600
+104,000
| +16% | +$5.03M |
|
1280
PUT
Thor Industries
THO
$4.14B
| $38.6M | 0.01% |
372,100
+92,700
| +33% | +$10.1M |
|
1281
Chubb
CB
$132B
| $38.5M | 0.01% |
199,320
+55,207
| +38% | +$10.4M |
|
1282
CALL
Cognizant
CTSH
$28.4B
| $38.4M | 0.01% |
433,200
+14,200
| +3% | +$1.14M |
|
1283
PUT
TripAdvisor
TRIP
$1.18B
| $38.4M | 0.01% |
1,407,500
-83,400
| -6% | -$2.56M |
|
1284
Delta Air Lines
DAL
$55B
| $38.3M | 0.01% |
978,956
+680,335
| +228% | +$27.2M |
|
1285
CALL
MSCI
MSCI
$41B
| $38.2M | 0.01% |
62,400
-4,600
| -7% | -$2.89M |
|
1286
PUT
iShares MSCI China ETF
MCHI
$6.24B
| $37.9M | 0.01% |
603,700
-185,200
| -23% | -$12.4M |
|
|
BBBY
1287
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $37.8M | 0.01% |
2,595,600
-1,557,900
| -38% | -$27.2M |
|
1288
PUT
Elastic
ESTC
$8.36B
| $37.8M | 0.01% |
307,400
+61,200
| +25% | +$9.24M |
|
|
HES
1289
PUT
DELISTED
Hess
HES
| $37.8M | 0.01% |
510,000
-96,000
| -16% | -$7.78M |
|
1290
First Solar
FSLR
$22.2B
| $37.7M | 0.01% |
432,934
+86,291
| +25% | +$8.87M |
|
|
DOCU
1291
DocuSign
DOCU
$11.6B
| $37.7M | 0.01% |
247,703
-1,301,846
| -84% | -$297M |
|
1292
PUT
GitLab
GTLB
$7.04B
| $37.7M | 0.01% |
+433,200
| New | +$44.3M |
|
1293
CSX Corp
CSX
$95.4B
| $37.6M | 0.01% |
1,000,235
+438,425
| +78% | +$15.5M |
|
1294
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $37.5M | 0.01% |
52,115
-4,465
| -8% | -$4.27M |
|
|
DFS
1295
PUT
DELISTED
Discover Financial Services
DFS
| $37.4M | 0.01% |
323,500
-39,300
| -11% | -$4.65M |
|
1296
PUT
Antero Resources
AR
$11.7B
| $37.3M | 0.01% |
2,133,400
-188,500
| -8% | -$3.57M |
|
1297
PUT
TC Energy
TRP
$64.4B
| $37.3M | 0.01% |
802,000
-22,700
| -3% | -$1.12M |
|
1298
PUT
HP
HPQ
$27B
| $37.3M | 0.01% |
990,700
-491,400
| -33% | -$16.1M |
|
1299
CALL
Aurinia Pharmaceuticals
AUPH
$2.23B
| $37.1M | 0.01% |
1,623,800
+807,700
| +99% | +$19.1M |
|
|
FL
1300
CALL
DELISTED
Foot Locker
FL
| $37.1M | 0.01% |
850,600
-288,100
| -25% | -$13.7M |
|
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 1,571 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 1,571 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.