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 | |
|---|---|---|---|---|---|---|
201
Advanced Micro Devices
AMD
$773B
| $452M | 0.07% |
4,928,689
-789,154
| -14% | -$68.1M |
|
202
PUT
Coca-Cola
KO
$392B
| $452M | 0.07% |
8,237,100
-619,000
| -7% | -$32M |
|
203
CALL
Chevron
CVX
$403B
| $450M | 0.07% |
5,326,700
+236,500
| +5% | +$19.1M |
|
204
PUT
ProShares UltraPro QQQ
TQQQ
$35.7B
| $449M | 0.07% |
19,774,400
+7,336,800
| +59% | +$138M |
|
205
CALL
Procter & Gamble
PG
$336B
| $446M | 0.07% |
3,203,700
-1,183,200
| -27% | -$165M |
|
|
206
CALL
Coca-Cola
KO
$392B
| $445M | 0.07% |
8,117,600
+198,300
| +3% | +$10.3M |
|
207
PUT
Simon Property Group
SPG
$70.6B
| $441M | 0.07% |
5,176,800
+91,100
| +2% | +$6.96M |
|
208
CALL
QuantumScape Corp
QS
$3.68B
| $441M | 0.07% |
5,224,600
+5,083,800
| +3,611% | +$186M |
|
209
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $436M | 0.07% |
7,460,400
-1,047,100
| -12% | -$53.1M |
|
210
PUT
AutoZone
AZO
$48.3B
| $436M | 0.07% |
367,900
-41,500
| -10% | -$48.1M |
|
211
CALL
IBM
IBM
$222B
| $433M | 0.07% |
3,602,006
+235,769
| +7% | +$27.2M |
|
212
CALL
Lam Research
LRCX
$393B
| $430M | 0.07% |
9,104,000
-3,675,000
| -29% | -$155M |
|
213
PUT
Lockheed Martin
LMT
$130B
| $416M | 0.07% |
1,172,900
+309,100
| +36% | +$114M |
|
214
PUT
Atlassian
TEAM
$43.5B
| $416M | 0.07% |
1,777,600
+314,700
| +22% | +$66.5M |
|
215
PUT
Pinterest
PINS
$13.3B
| $415M | 0.07% |
6,303,300
+2,048,700
| +48% | +$123M |
|
|
216
CALL
Pinterest
PINS
$13.3B
| $414M | 0.07% |
6,284,600
+482,000
| +8% | +$28.9M |
|
217
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $410M | 0.07% |
8,825,300
-4,061,700
| -32% | -$185M |
|
218
CALL
Etsy
ETSY
$7.44B
| $409M | 0.07% |
2,299,900
+436,500
| +23% | +$65.6M |
|
219
PUT
Blackstone
BX
$108B
| $405M | 0.07% |
6,248,700
+3,042,500
| +95% | +$177M |
|
220
PUT
CVS Health
CVS
$119B
| $402M | 0.07% |
5,887,700
-523,400
| -8% | -$34M |
|
221
CALL
McDonald's
MCD
$192B
| $400M | 0.07% |
1,864,000
-300,900
| -14% | -$65.4M |
|
222
PUT
Cisco
CSCO
$438B
| $398M | 0.07% |
8,887,200
-6,115,200
| -41% | -$251M |
|
223
CALL
Zscaler
ZS
$29.4B
| $395M | 0.06% |
1,980,200
+566,500
| +40% | +$90.1M |
|
224
Costco
COST
$420B
| $395M | 0.06% |
1,048,568
+741,030
| +241% | +$277M |
|
225
CALL
Zillow
Z
$8.07B
| $394M | 0.06% |
3,033,400
+233,800
| +8% | +$25.9M |
|
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.