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 | |
|---|---|---|---|---|---|---|
1851
PUT
Jazz Pharmaceuticals
JAZZ
$16.2B
| $19.5M | ﹤0.01% |
151,400
-16,900
| -10% | -$2.22M |
|
|
BRSL
1852
CALL
Brightstar Lottery PLC
BRSL
$2.1B
| $19.5M | ﹤0.01% |
675,000
-658,900
| -49% | -$18.7M |
|
1853
CALL
NovoCure
NVCR
$2.08B
| $19.5M | ﹤0.01% |
259,600
+64,400
| +33% | +$6.46M |
|
1854
PUT
Tandem Diabetes Care
TNDM
$1.49B
| $19.5M | ﹤0.01% |
129,400
-60,000
| -32% | -$8.1M |
|
1855
Synopsys
SNPS
$78.5B
| $19.5M | ﹤0.01% |
52,826
+17,462
| +49% | +$5.89M |
|
1856
CALL
Mid-America Apartment Communities
MAA
$15.3B
| $19.5M | ﹤0.01% |
84,800
+10,400
| +14% | +$2.15M |
|
1857
PUT
Bank of Montreal
BMO
$121B
| $19.5M | ﹤0.01% |
180,600
+16,700
| +10% | +$1.8M |
|
1858
CALL
United Natural Foods
UNFI
$2.9B
| $19.4M | ﹤0.01% |
396,300
-440,600
| -53% | -$21.3M |
|
1859
Incyte
INCY
$26B
| $19.4M | ﹤0.01% |
264,924
+83,814
| +46% | +$5.65M |
|
1860
Lyft
LYFT
$6.58B
| $19.4M | ﹤0.01% |
454,308
-344,719
| -43% | -$16.1M |
|
1861
PUT
Allegiant Air
ALGT
$2.26B
| $19.4M | ﹤0.01% |
103,600
+96,800
| +1,424% | +$18M |
|
1862
CALL
Aspen Aerogels
ASPN
$431M
| $19.4M | ﹤0.01% |
389,100
-43,600
| -10% | -$2.3M |
|
1863
Aptiv
APTV
$9.61B
| $19.4M | ﹤0.01% |
117,403
+60,705
| +107% | +$10.1M |
|
1864
CALL
Churchill Downs
CHDN
$6.1B
| $19.3M | ﹤0.01% |
160,600
+69,800
| +77% | +$8.29M |
|
1865
PUT
Oneok
OKE
$59.8B
| $19.3M | ﹤0.01% |
329,200
-159,600
| -33% | -$9.9M |
|
1866
CALL
PACCAR
PCAR
$68B
| $19.3M | ﹤0.01% |
328,650
+9,000
| +3% | +$520K |
|
|
SIVB
1867
DELISTED
SVB Financial Group
SIVB
| $19.3M | ﹤0.01% |
28,384
+14,462
| +104% | +$10.2M |
|
1868
General Dynamics
GD
$103B
| $19.2M | ﹤0.01% |
92,312
+31,806
| +53% | +$6.42M |
|
|
LBRDK
1869
DELISTED
Liberty Broadband Class C
LBRDK
| $19.2M | ﹤0.01% |
119,391
+2,682
| +2% | +$441K |
|
1870
CALL
Synaptics
SYNA
$3.74B
| $19.2M | ﹤0.01% |
66,400
-8,900
| -12% | -$2.13M |
|
|
BIG
1871
PUT
DELISTED
Big Lots, Inc.
BIG
| $19.2M | ﹤0.01% |
426,600
-25,300
| -6% | -$1.15M |
|
1872
CALL
KeyCorp
KEY
$23.6B
| $19.2M | ﹤0.01% |
829,900
-1,072,400
| -56% | -$24.9M |
|
|
JNPR
1873
CALL
DELISTED
Juniper Networks
JNPR
| $19.2M | ﹤0.01% |
536,300
+89,800
| +20% | +$2.81M |
|
1874
CALL
ProShares UltraPro Short S&P 500
SPXU
$392M
| $19.1M | ﹤0.01% |
76,835
-230,375
| -75% | -$65.4M |
|
1875
PUT
Plains All American Pipeline
PAA
$18.1B
| $19.1M | ﹤0.01% |
2,047,600
-658,200
| -24% | -$6.61M |
|
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.