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 |
Walt Disney
DIS
|
+$2.51B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.53B |
| 3 |
Amazon
AMZN
|
+$1.11B |
| 4 |
Airbnb
ABNB
|
+$574M |
| 5 |
NVIDIA
NVDA
|
+$519M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$588M |
| 2 |
NIO
NIO
|
+$539M |
| 3 |
Apple
AAPL
|
+$525M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$443M |
| 5 |
Microsoft
MSFT
|
+$375M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.94% |
| 2 | Technology | 1.9% |
| 3 | Communication Services | 1.42% |
| 4 | Financials | 1.08% |
| 5 | Healthcare | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Chevron
CVX
$403B
| $507M | 0.07% |
4,843,800
-66,000
| -1% | -$6.97M |
|
227
CALL
Cisco
CSCO
$438B
| $507M | 0.07% |
9,568,000
-3,408,800
| -26% | -$179M |
|
228
JD.com
JD
$39.7B
| $507M | 0.07% |
6,352,678
+2,343,975
| +58% | +$176M |
|
229
CALL
VanEck Semiconductor ETF
SMH
$66.4B
| $502M | 0.07% |
3,827,200
-1,747,800
| -31% | -$216M |
|
230
CALL
Amgen
AMGN
$238B
| $501M | 0.07% |
2,056,900
+274,600
| +15% | +$67.6M |
|
231
PUT
CVS Health
CVS
$119B
| $486M | 0.07% |
5,820,900
-864,300
| -13% | -$70.8M |
|
232
CALL
Verizon
VZ
$205B
| $485M | 0.07% |
8,656,100
-2,811,200
| -25% | -$161M |
|
233
VanEck Gold Miners ETF
GDX
$32B
| $482M | 0.07% |
14,176,229
+2,495,961
| +21% | +$91.2M |
|
234
CALL
Wayfair
W
$13.9B
| $478M | 0.07% |
1,514,500
+91,400
| +6% | +$28.6M |
|
235
PUT
American Airlines Group
AAL
$9.15B
| $476M | 0.07% |
22,457,800
-534,800
| -2% | -$12.1M |
|
236
CALL
Texas Instruments
TXN
$241B
| $473M | 0.07% |
2,458,000
+445,000
| +22% | +$83.4M |
|
237
CALL
General Motors
GM
$77.2B
| $472M | 0.07% |
7,972,000
-1,312,200
| -14% | -$77.1M |
|
238
CALL
Etsy
ETSY
$7.44B
| $470M | 0.07% |
2,283,600
-393,000
| -15% | -$72.7M |
|
239
CALL
Enphase Energy
ENPH
$5.1B
| $469M | 0.07% |
2,551,800
-474,500
| -16% | -$69.6M |
|
240
PUT
Charter Communications
CHTR
$17.9B
| $468M | 0.07% |
648,900
+66,800
| +11% | +$45M |
|
241
CALL
Applied Materials
AMAT
$391B
| $468M | 0.07% |
3,287,500
+451,700
| +16% | +$60.6M |
|
242
JPMorgan Chase
JPM
$935B
| $466M | 0.07% |
2,996,895
+1,476,965
| +97% | +$232M |
|
243
PUT
Pinterest
PINS
$13.3B
| $465M | 0.07% |
5,893,300
-117,600
| -2% | -$8.2M |
|
244
CALL
IBM
IBM
$222B
| $462M | 0.06% |
3,295,632
-526,138
| -14% | -$71.9M |
|
245
CALL
Eli Lilly
LLY
$1.12T
| $456M | 0.06% |
1,984,800
+706,500
| +55% | +$142M |
|
246
CALL
Merck
MRK
$376B
| $449M | 0.06% |
5,775,200
+1,906,927
| +49% | +$142M |
|
247
CALL
Gilead Sciences
GILD
$181B
| $447M | 0.06% |
6,495,700
-2,103,100
| -24% | -$140M |
|
248
PUT
Constellation Brands
STZ
$23.2B
| $444M | 0.06% |
1,899,400
+1,376,400
| +263% | +$323M |
|
249
CALL
McDonald's
MCD
$192B
| $444M | 0.06% |
1,921,200
-694,500
| -27% | -$162M |
|
250
CALL
Zscaler
ZS
$29.4B
| $443M | 0.06% |
2,050,000
+207,100
| +11% | +$39.4M |
|
Similar funds
Jeff Yass's Q2 2021 Portfolio in Review
As of Q2 2021, Jeff Yass held 13,792 positions worth $712B, up 12% from $634B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2021 filing shows 1,607 new, 5,175 increased, 5,390 reduced and 1,328 closed positions. Its largest new stake was PRA Health Sciences, Inc.: 622,837 shares worth $103M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $588M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.9% of assets, up from 1.7% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q2 2021 buy was PRA Health Sciences, Inc.: 622,837 shares worth $103M.
- Jeff Yass added most to Walt Disney in Q2 2021, an estimated $2.51B increase.
- Jeff Yass's biggest Q2 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $588M.
- Jeff Yass fully exited iShares Core MSCI EAFE ETF in Q2 2021, selling an estimated $59.3M.
- Jeff Yass's ten largest holdings make up 30% of its $712B portfolio in Q2 2021.
- Jeff Yass opened 1,607 new positions and closed 1,328 in Q2 2021.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $712B.
Based on Susquehanna International Group's 13F filing for Q2 2021, filed 11 Aug 2021.