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 | Miscellaneous | 92.82% |
| 2 | Technology | 1.6% |
| 3 | Consumer Discretionary | 1.3% |
| 4 | Financials | 0.99% |
| 5 | Communication Services | 0.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Welltower
WELL
$172B
| $17.3M | ﹤0.01% |
202,100
-120,300
| -37% | -$10M |
|
2002
Allstate
ALL
$65B
| $17.3M | ﹤0.01% |
147,311
+54,415
| +59% | +$6.44M |
|
2003
Sprott Uranium Miners ETF
URNM
$2.25B
| $17.3M | ﹤0.01% |
480,568
+201,314
| +72% | +$8.64M |
|
2004
Lennar Class A
LEN
$20.7B
| $17.3M | ﹤0.01% |
153,872
-215,787
| -58% | -$22.1M |
|
2005
CALL
Tower Semiconductor
TSEM
$25.1B
| $17.3M | ﹤0.01% |
436,000
+124,700
| +40% | +$4.33M |
|
2006
Liberty Global Class A
LBTYA
$3.6B
| $17.3M | ﹤0.01% |
622,409
-17,934
| -3% | -$510K |
|
2007
PUT
Vail Resorts
MTN
$5.25B
| $17.2M | ﹤0.01% |
52,500
-47,300
| -47% | -$16.1M |
|
2008
CALL
Axsome Therapeutics
AXSM
$10.7B
| $17.2M | ﹤0.01% |
455,600
+111,100
| +32% | +$4.09M |
|
2009
CALL
iShares MSCI Germany ETF
EWG
$1.73B
| $17.2M | ﹤0.01% |
524,000
+502,600
| +2,349% | +$16.7M |
|
2010
CALL
Canadian National Railway
CNI
$77B
| $17.2M | ﹤0.01% |
139,600
-79,800
| -36% | -$10.1M |
|
|
SPWR
2011
DELISTED
SunPower Corporation Common Stock
SPWR
| $17.1M | ﹤0.01% |
820,671
-71,076
| -8% | -$1.92M |
|
2012
Berkshire Hathaway Class A
BRK.A
$1.08T
| $17.1M | ﹤0.01% |
38
-27
| -42% | -$11.7M |
|
2013
Vanguard Total International Stock ETF
VXUS
$164B
| $17.1M | ﹤0.01% |
+269,065
| New | +$17.3M |
|
2014
NOV
NOV
$7.24B
| $17.1M | ﹤0.01% |
1,260,829
-1,104,116
| -47% | -$15.1M |
|
2015
PUT
Goodyear
GT
$1.77B
| $17.1M | ﹤0.01% |
801,200
+112,900
| +16% | +$2.34M |
|
|
FSR
2016
DELISTED
Fisker Inc.
FSR
| $17M | ﹤0.01% |
1,083,343
+221,407
| +26% | +$3.83M |
|
2017
PUT
Archer Daniels Midland
ADM
$38.3B
| $17M | ﹤0.01% |
251,800
-139,700
| -36% | -$9.02M |
|
2018
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$295M
| $17M | ﹤0.01% |
1,007,200
-222,600
| -18% | -$3.86M |
|
|
GTM
2019
ZoomInfo Technologies
GTM
$1.21B
| $17M | ﹤0.01% |
264,826
+123,569
| +87% | +$8.27M |
|
|
JMIA
2020
Jumia Technologies
JMIA
$891M
| $17M | ﹤0.01% |
1,491,020
-261,493
| -15% | -$4.08M |
|
2021
HubSpot
HUBS
$12.6B
| $17M | ﹤0.01% |
25,776
+18,819
| +271% | +$14.2M |
|
2022
Williams-Sonoma
WSM
$28.7B
| $17M | ﹤0.01% |
200,730
+185,704
| +1,236% | +$17.3M |
|
2023
Coherent
COHR
$57.5B
| $16.9M | ﹤0.01% |
247,200
+100,280
| +68% | +$6.31M |
|
2024
Invitation Homes
INVH
$17.5B
| $16.9M | ﹤0.01% |
371,695
-10,219
| -3% | -$422K |
|
2025
Ternium
TX
$10.9B
| $16.8M | ﹤0.01% |
+386,629
| New | +$16.2M |
|
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's Q4 2021 filing shows 1,953 new, 4,555 increased, 6,197 reduced and 1,571 closed positions. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 1,306,619 shares worth $78.2M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.4B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 93% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.