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 | Miscellaneous | 92.11% |
| 2 | Technology | 2.38% |
| 3 | Consumer Discretionary | 1.48% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
PUT
Iovance Biotherapeutics
IOVA
$3.74B
| $15.8M | ﹤0.01% |
341,500
+188,300
| +123% | +$7.48M |
|
1952
PUT
Smith & Wesson
SWBI
$582M
| $15.8M | ﹤0.01% |
891,100
+365,500
| +70% | +$6.04M |
|
1953
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $15.8M | ﹤0.01% |
234,129
+2,786
| +1% | +$184K |
|
1954
CALL
American Electric Power
AEP
$66.9B
| $15.8M | ﹤0.01% |
189,500
-194,200
| -51% | -$16.9M |
|
1955
PUT
Ball Corp
BALL
$16.8B
| $15.7M | ﹤0.01% |
168,000
+16,200
| +11% | +$1.5M |
|
1956
Berkshire Hathaway Class A
BRK.A
$1.08T
| $15.7M | ﹤0.01% |
45
-4
| -8% | -$1.32M |
|
|
1957
CALL
Ball Corp
BALL
$16.8B
| $15.6M | ﹤0.01% |
167,700
-216,600
| -56% | -$20M |
|
1958
CALL
Yext
YEXT
$670M
| $15.6M | ﹤0.01% |
993,100
+937,800
| +1,696% | +$16M |
|
1959
Paycom
PAYC
$10.7B
| $15.6M | ﹤0.01% |
34,468
-3,563
| -9% | -$1.42M |
|
1960
CALL
Churchill Downs
CHDN
$6.03B
| $15.6M | ﹤0.01% |
160,000
-60,000
| -27% | -$5.45M |
|
1961
Gen Digital
GEN
$18.1B
| $15.6M | ﹤0.01% |
748,846
+255,789
| +52% | +$5.17M |
|
|
AIRC
1962
DELISTED
Apartment Income REIT Corp.
AIRC
| $15.6M | ﹤0.01% |
+405,111
| New | +$15.6M |
|
1963
Innovative Industrial Properties
IIPR
$1.56B
| $15.6M | ﹤0.01% |
84,909
+37,998
| +81% | +$5.69M |
|
1964
PUT
Signet Jewelers
SIG
$3.16B
| $15.5M | ﹤0.01% |
570,100
-106,100
| -16% | -$2.71M |
|
|
LNW
1965
PUT
DELISTED
Light & Wonder
LNW
| $15.5M | ﹤0.01% |
374,600
-48,900
| -12% | -$1.8M |
|
1966
Valero Energy
VLO
$100B
| $15.5M | ﹤0.01% |
274,536
-167,066
| -38% | -$8.2M |
|
|
CRON
1967
Cronos Group
CRON
$1.26B
| $15.5M | ﹤0.01% |
2,235,246
-659,133
| -23% | -$4.54M |
|
1968
CALL
Old National Bancorp
ONB
$9.87B
| $15.5M | ﹤0.01% |
936,500
+599,100
| +178% | +$9.18M |
|
1969
PUT
FIVE9
FIVN
$2.54B
| $15.5M | ﹤0.01% |
88,900
-59,100
| -40% | -$8.99M |
|
1970
CALL
Labcorp
LH
$27.6B
| $15.5M | ﹤0.01% |
88,580
+116
| +0.1% | +$20K |
|
1971
O'Reilly Automotive
ORLY
$71.3B
| $15.5M | ﹤0.01% |
512,670
+181,875
| +55% | +$5.49M |
|
1972
CALL
ARK Genomic Revolution ETF
ARKG
$1.97B
| $15.4M | ﹤0.01% |
+165,600
| New | +$13.2M |
|
1973
PUT
Jack in the Box
JACK
$303M
| $15.4M | ﹤0.01% |
166,400
+63,800
| +62% | +$5.58M |
|
|
MMP
1974
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $15.4M | ﹤0.01% |
363,000
+87,400
| +32% | +$3.49M |
|
1975
CALL
PACCAR
PCAR
$66.7B
| $15.4M | ﹤0.01% |
267,750
-143,550
| -35% | -$8.43M |
|
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 Miscellaneous at 92% of assets, down from 93% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.