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 | |
|---|---|---|---|---|---|---|
|
CMRC
1926
Commerce.com Inc Series 1
CMRC
$186M
| $16.3M | ﹤0.01% |
254,421
+36,279
| +17% | +$2.9M |
|
1927
PUT
Canadian Natural Resources
CNQ
$102B
| $16.3M | ﹤0.01% |
1,385,089
+270,974
| +24% | +$2.72M |
|
1928
PUT
Papa John's
PZZA
$777M
| $16.3M | ﹤0.01% |
191,900
-169,500
| -47% | -$13.9M |
|
1929
PUT
Albertsons Companies
ACI
$6.02B
| $16.3M | ﹤0.01% |
925,800
+441,800
| +91% | +$6.7M |
|
|
SBNY
1930
PUT
DELISTED
Signature Bank
SBNY
| $16.3M | ﹤0.01% |
120,200
+29,000
| +32% | +$3.03M |
|
1931
PUT
Warner Bros
WBD
$72.1B
| $16.3M | ﹤0.01% |
540,400
-422,500
| -44% | -$10.4M |
|
1932
Palo Alto Networks
PANW
$277B
| $16.3M | ﹤0.01% |
274,464
-695,328
| -72% | -$32.5M |
|
1933
JetBlue
JBLU
$1.88B
| $16.3M | ﹤0.01% |
1,117,962
+140,306
| +14% | +$1.93M |
|
|
NVO
1934
PUT
Novo Nordisk
NVO
$209B
| $16.2M | ﹤0.01% |
465,200
+310,200
| +200% | +$10.7M |
|
1935
PUT
Eaton
ETN
$163B
| $16.2M | ﹤0.01% |
135,100
-22,100
| -14% | -$2.5M |
|
1936
iQIYI
IQ
$948M
| $16.2M | ﹤0.01% |
928,307
+820,725
| +763% | +$18.5M |
|
1937
PUT
argenx
ARGX
$65.5B
| $16.2M | ﹤0.01% |
55,100
+2,300
| +4% | +$632K |
|
1938
CALL
Edison International
EIX
$28.7B
| $16.2M | ﹤0.01% |
257,700
+44,600
| +21% | +$2.69M |
|
1939
CALL
Sabre
SABR
$880M
| $16.2M | ﹤0.01% |
1,346,700
+874,200
| +185% | +$8.09M |
|
1940
CALL
Tanger
SKT
$4.37B
| $16.2M | ﹤0.01% |
1,625,000
+1,231,600
| +313% | +$10.4M |
|
1941
CALL
Omnicom Group
OMC
$24.1B
| $16.1M | ﹤0.01% |
258,800
-5,300
| -2% | -$303K |
|
1942
GoodRx Holdings
GDRX
$1.25B
| $16.1M | ﹤0.01% |
399,235
+350,359
| +717% | +$16.1M |
|
1943
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.2B
| $16.1M | ﹤0.01% |
395,000
+353,000
| +840% | +$13.7M |
|
1944
CALL
Fox Class A
FOXA
$29.3B
| $16.1M | ﹤0.01% |
552,600
+28,400
| +5% | +$793K |
|
1945
CALL
Takeda Pharmaceutical
TAK
$58.2B
| $16.1M | ﹤0.01% |
883,400
+488,200
| +124% | +$8.57M |
|
1946
PUT
Manulife Financial
MFC
$71.7B
| $15.9M | ﹤0.01% |
894,900
+66,800
| +8% | +$1.07M |
|
1947
CALL
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $15.9M | ﹤0.01% |
346,500
-513,500
| -60% | -$21.6M |
|
|
MRTX
1948
PUT
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $15.9M | ﹤0.01% |
72,500
-700
| -1% | -$151K |
|
1949
PUT
Regions Financial
RF
$26.2B
| $15.9M | ﹤0.01% |
986,500
-454,600
| -32% | -$6.57M |
|
1950
PUT
British American Tobacco
BTI
$124B
| $15.9M | ﹤0.01% |
423,600
-105,800
| -20% | -$3.79M |
|
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.