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 | |
|---|---|---|---|---|---|---|
1576
PUT
Under Armour
UAA
$2.22B
| $25.8M | ﹤0.01% |
1,219,700
-186,200
| -13% | -$4.23M |
|
1577
Cenovus Energy
CVE
$57.9B
| $25.8M | ﹤0.01% |
2,101,082
-240,290
| -10% | -$2.88M |
|
|
NVO
1578
Novo Nordisk
NVO
$209B
| $25.8M | ﹤0.01% |
460,512
-41,566
| -8% | -$2.25M |
|
1579
PUT
Tenet Healthcare
THC
$22.3B
| $25.8M | ﹤0.01% |
315,600
+39,300
| +14% | +$2.87M |
|
|
CFLT
1580
CALL
DELISTED
Confluent
CFLT
| $25.8M | ﹤0.01% |
337,800
+157,600
| +87% | +$11.4M |
|
1581
CALL
Arrowhead Research
ARWR
$12.6B
| $25.7M | ﹤0.01% |
388,300
+8,000
| +2% | +$550K |
|
1582
West Pharmaceutical
WST
$24.8B
| $25.7M | ﹤0.01% |
54,873
+33,712
| +159% | +$14.5M |
|
1583
iShares MSCI South Korea ETF
EWY
$27.9B
| $25.7M | ﹤0.01% |
330,459
+221,822
| +204% | +$17.5M |
|
1584
PUT
Dynatrace
DT
$14.8B
| $25.7M | ﹤0.01% |
425,800
+72,600
| +21% | +$4.95M |
|
1585
PG&E
PCG
$40.3B
| $25.7M | ﹤0.01% |
2,116,315
+415,147
| +24% | +$4.86M |
|
1586
DuPont de Nemours
DD
$18.4B
| $25.7M | ﹤0.01% |
253,150
-116,843
| -32% | -$11.1M |
|
1587
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $25.7M | ﹤0.01% |
576,400
-263,600
| -31% | -$11.1M |
|
|
AXON
1588
PUT
Axon Enterprise
AXON
$48.7B
| $25.6M | ﹤0.01% |
163,300
-12,700
| -7% | -$2.13M |
|
|
CTXS
1589
PUT
DELISTED
Citrix Systems Inc
CTXS
| $25.6M | ﹤0.01% |
271,000
+60,500
| +29% | +$5.53M |
|
1590
Danaos Corp
DAC
$2.69B
| $25.6M | ﹤0.01% |
343,229
+52,258
| +18% | +$3.77M |
|
|
DIDI
1591
PUT
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $25.6M | ﹤0.01% |
5,144,200
-1,867,500
| -27% | -$14.2M |
|
1592
PUT
Cadence Design Systems
CDNS
$92.2B
| $25.6M | ﹤0.01% |
137,400
+11,400
| +9% | +$1.99M |
|
1593
Sherwin-Williams
SHW
$84.8B
| $25.6M | ﹤0.01% |
72,647
-62,828
| -46% | -$20.3M |
|
|
FSR
1594
PUT
DELISTED
Fisker Inc.
FSR
| $25.5M | ﹤0.01% |
1,618,300
-144,800
| -8% | -$2.51M |
|
1595
Cardinal Health
CAH
$55.5B
| $25.4M | ﹤0.01% |
494,100
+218,959
| +80% | +$10.7M |
|
1596
Valero Energy
VLO
$98.7B
| $25.4M | ﹤0.01% |
338,607
-573,005
| -63% | -$42.7M |
|
1597
Asana
ASAN
$2.15B
| $25.4M | ﹤0.01% |
340,890
+327,610
| +2,467% | +$34.7M |
|
1598
PUT
Five Below
FIVE
$14.3B
| $25.4M | ﹤0.01% |
122,800
-124,700
| -50% | -$24.5M |
|
|
INFO
1599
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $25.4M | ﹤0.01% |
191,085
+111,982
| +142% | +$14.3M |
|
|
DIDI
1600
CALL
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $25.3M | ﹤0.01% |
5,089,300
-847,600
| -14% | -$6.44M |
|
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.