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 | |
|---|---|---|---|---|---|---|
1551
Franco-Nevada
FNV
$52.4B
| $23.3M | ﹤0.01% |
186,030
-2,220
| -1% | -$300K |
|
1552
PUT
Gen Digital
GEN
$17.5B
| $23.3M | ﹤0.01% |
1,121,900
-393,500
| -26% | -$7.95M |
|
1553
CALL
CoStar Group
CSGP
$13.3B
| $23.3M | ﹤0.01% |
252,000
+24,000
| +11% | +$2.1M |
|
1554
PUT
Cadence Design Systems
CDNS
$91.4B
| $23.3M | ﹤0.01% |
170,600
+71,300
| +72% | +$8.36M |
|
1555
CALL
Li Auto
LI
$12B
| $23.3M | ﹤0.01% |
806,700
+324,500
| +67% | +$8.9M |
|
1556
CALL
VF Corp
VFC
$5.44B
| $23.2M | ﹤0.01% |
271,900
-8,900
| -3% | -$711K |
|
1557
CALL
MSCI
MSCI
$41B
| $23.2M | ﹤0.01% |
52,000
-6,200
| -11% | -$2.43M |
|
|
SDC
1558
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $23.2M | ﹤0.01% |
1,943,928
+1,464,339
| +305% | +$16.6M |
|
|
LBRDK
1559
DELISTED
Liberty Broadband Class C
LBRDK
| $23.2M | ﹤0.01% |
146,422
+25,820
| +21% | +$3.93M |
|
|
BIG
1560
CALL
DELISTED
Big Lots, Inc.
BIG
| $23.2M | ﹤0.01% |
539,600
+67,000
| +14% | +$3.26M |
|
|
MXIM
1561
CALL
DELISTED
Maxim Integrated Products
MXIM
| $23.1M | ﹤0.01% |
261,100
+91,900
| +54% | +$7.25M |
|
1562
Microchip Technology
MCHP
$39.9B
| $23.1M | ﹤0.01% |
334,472
-17,146
| -5% | -$1.07M |
|
1563
CALL
Jazz Pharmaceuticals
JAZZ
$16.9B
| $23.1M | ﹤0.01% |
139,800
-67,300
| -32% | -$10M |
|
1564
CALL
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $23.1M | ﹤0.01% |
118,400
+53,300
| +82% | +$9.4M |
|
1565
KE Holdings
BEKE
$19.9B
| $23M | ﹤0.01% |
374,467
+358,291
| +2,215% | +$23.8M |
|
|
FTCH
1566
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $23M | ﹤0.01% |
361,013
-299,125
| -45% | -$13.2M |
|
1567
PUT
Nutrien
NTR
$34.8B
| $23M | ﹤0.01% |
477,700
+174,200
| +57% | +$7.7M |
|
1568
Philip Morris
PM
$302B
| $22.9M | ﹤0.01% |
276,249
+126,938
| +85% | +$9.88M |
|
1569
PUT
MP Materials
MP
$10.7B
| $22.8M | ﹤0.01% |
710,000
+625,600
| +741% | +$12.1M |
|
|
AXON
1570
PUT
Axon Enterprise
AXON
$49.8B
| $22.8M | ﹤0.01% |
186,400
+17,500
| +10% | +$2.01M |
|
1571
PUT
Macerich
MAC
$6.88B
| $22.8M | ﹤0.01% |
2,137,600
+565,200
| +36% | +$5.14M |
|
1572
CALL
Restaurant Brands International
QSR
$28.4B
| $22.8M | ﹤0.01% |
373,100
+84,400
| +29% | +$4.93M |
|
|
FNGA
1573
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $22.8M | ﹤0.01% |
79,421
+49,442
| +165% | +$10.9M |
|
1574
CALL
Devon Energy
DVN
$51.6B
| $22.8M | ﹤0.01% |
1,439,700
+601,600
| +72% | +$7.45M |
|
1575
PUT
MKS Inc
MKSI
$18.3B
| $22.7M | ﹤0.01% |
151,200
+110,500
| +271% | +$14.5M |
|
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 1,722 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 1,722 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.