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 | |
|---|---|---|---|---|---|---|
151
PUT
Twilio
TWLO
$34.6B
| $592M | 0.1% |
1,749,100
+176,300
| +11% | +$55.1M |
|
152
CALL
Intuitive Surgical
ISRG
$134B
| $588M | 0.1% |
2,157,300
-97,200
| -4% | -$24.1M |
|
153
PUT
AbbVie
ABBV
$468B
| $586M | 0.1% |
5,473,000
-292,700
| -5% | -$28.1M |
|
154
PUT
Johnson & Johnson
JNJ
$651B
| $585M | 0.1% |
3,717,400
-426,400
| -10% | -$62.9M |
|
155
PUT
AT&T
T
$173B
| $584M | 0.1% |
26,882,893
-1,805,936
| -6% | -$38.9M |
|
156
CALL
lululemon athletica
LULU
$13.7B
| $579M | 0.09% |
1,664,700
+54,400
| +3% | +$18.9M |
|
157
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $576M | 0.09% |
8,860,400
-104,800
| -1% | -$6.38M |
|
158
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $574M | 0.09% |
19,471,100
+1,128,000
| +6% | +$30.2M |
|
159
PUT
TSMC
TSM
$2.17T
| $573M | 0.09% |
5,255,000
-347,000
| -6% | -$32.9M |
|
160
CALL
CVS Health
CVS
$119B
| $573M | 0.09% |
8,382,800
-1,632,200
| -16% | -$106M |
|
161
PUT
United States Oil Fund
USO
$2.24B
| $571M | 0.09% |
17,294,600
-8,757,300
| -34% | -$260M |
|
162
CALL
ServiceNow
NOW
$133B
| $561M | 0.09% |
5,095,500
-233,000
| -4% | -$24.2M |
|
163
PUT
Morgan Stanley
MS
$336B
| $559M | 0.09% |
8,163,600
-1,149,900
| -12% | -$66M |
|
164
PUT
Beyond Meat
BYND
$254M
| $558M | 0.09% |
148,840
+14,477
| +11% | +$65.5M |
|
165
PUT
Gilead Sciences
GILD
$181B
| $554M | 0.09% |
9,517,100
+357,200
| +4% | +$21.6M |
|
166
CALL
UnitedHealth
UNH
$350B
| $554M | 0.09% |
1,580,100
+160,900
| +11% | +$53.9M |
|
|
167
CALL
Twilio
TWLO
$34.6B
| $553M | 0.09% |
1,633,100
-443,300
| -21% | -$139M |
|
|
168
CALL
AT&T
T
$173B
| $552M | 0.09% |
25,391,407
+8,980,692
| +55% | +$194M |
|
169
PUT
Wells Fargo
WFC
$254B
| $552M | 0.09% |
18,274,300
-5,853,300
| -24% | -$152M |
|
170
PUT
Zscaler
ZS
$29.4B
| $547M | 0.09% |
2,737,800
+141,400
| +5% | +$22.5M |
|
|
171
PUT
lululemon athletica
LULU
$13.7B
| $544M | 0.09% |
1,563,400
+69,300
| +5% | +$24.1M |
|
172
PUT
Moderna
MRNA
$57.9B
| $541M | 0.09% |
5,182,900
+2,526,300
| +95% | +$256M |
|
173
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $536M | 0.09% |
10,373,997
+8,183,638
| +374% | +$393M |
|
174
CALL
Enphase Energy
ENPH
$5.1B
| $536M | 0.09% |
3,053,800
+217,600
| +8% | +$27.6M |
|
175
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $531M | 0.09% |
7,494,000
+5,020,500
| +203% | +$333M |
|
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.