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 | |
|---|---|---|---|---|---|---|
126
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $679M | 0.11% |
11,614,500
-1,882,000
| -14% | -$95.4M |
|
127
PUT
ExxonMobil
XOM
$679B
| $679M | 0.11% |
16,480,700
-3,208,200
| -16% | -$120M |
|
128
PUT
Peloton Interactive
PTON
$2.37B
| $672M | 0.11% |
4,431,200
-1,586,300
| -26% | -$193M |
|
129
Visa
V
$693B
| $670M | 0.11% |
3,063,839
+856,851
| +39% | +$175M |
|
130
PUT
UnitedHealth
UNH
$350B
| $670M | 0.11% |
1,910,400
-44,400
| -2% | -$14.9M |
|
131
PUT
SPDR Gold Trust
GLD
$152B
| $666M | 0.11% |
3,731,300
-1,478,400
| -28% | -$260M |
|
132
PUT
Home Depot
HD
$335B
| $664M | 0.11% |
2,500,200
-326,600
| -12% | -$89.8M |
|
133
PUT
Teladoc Health
TDOC
$1.16B
| $650M | 0.11% |
3,253,000
+1,044,100
| +47% | +$212M |
|
134
NVIDIA
NVDA
$5.2T
| $648M | 0.11% |
49,664,960
+316,040
| +0.6% | +$4.23M |
|
135
Zoom
ZM
$31.5B
| $646M | 0.11% |
1,915,888
+1,191,062
| +164% | +$531M |
|
136
PUT
Goldman Sachs
GS
$303B
| $642M | 0.1% |
2,434,600
-324,300
| -12% | -$72.2M |
|
137
Salesforce
CRM
$171B
| $642M | 0.1% |
2,884,291
+1,868,841
| +184% | +$454M |
|
138
CALL
JD.com
JD
$39.7B
| $641M | 0.1% |
7,163,200
+1,616,400
| +29% | +$135M |
|
139
PUT
Lam Research
LRCX
$393B
| $641M | 0.1% |
13,577,000
-2,440,000
| -15% | -$103M |
|
|
140
Amazon
AMZN
$2.79T
| $634M | 0.1% |
3,890,800
-4,247,720
| -52% | -$678M |
|
141
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $631M | 0.1% |
7,222,400
-408,100
| -5% | -$34.9M |
|
142
CALL
Sea Limited
SE
$72B
| $620M | 0.1% |
3,115,500
-104,100
| -3% | -$18.5M |
|
143
CALL
Wells Fargo
WFC
$254B
| $613M | 0.1% |
20,324,500
+10,860,000
| +115% | +$281M |
|
144
CALL
Caterpillar
CAT
$381B
| $610M | 0.1% |
3,349,200
+52,800
| +2% | +$8.95M |
|
145
PUT
Nike
NKE
$60.5B
| $604M | 0.1% |
4,271,600
-334,500
| -7% | -$44.3M |
|
146
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $603M | 0.1% |
1,248,200
+521,000
| +72% | +$281M |
|
147
PUT
Baidu
BIDU
$31.6B
| $598M | 0.1% |
2,764,700
+1,064,300
| +63% | +$158M |
|
|
148
ExxonMobil
XOM
$679B
| $597M | 0.1% |
14,474,384
+6,614,439
| +84% | +$248M |
|
|
149
PUT
Sea Limited
SE
$72B
| $594M | 0.1% |
2,986,300
+618,500
| +26% | +$110M |
|
150
CALL
Morgan Stanley
MS
$336B
| $594M | 0.1% |
8,670,400
+2,078,900
| +32% | +$119M |
|
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.