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 |
Amazon
AMZN
|
+$1.6B |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$791M |
| 3 |
NIO
NIO
|
+$766M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$680M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$615M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.5B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$863M |
| 3 |
Alibaba
BABA
|
+$628M |
| 4 |
United States Oil Fund
USO
|
+$494M |
| 5 |
ExxonMobil
XOM
|
+$444M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.12% |
| 2 | Consumer Discretionary | 1.75% |
| 3 | Communication Services | 1.11% |
| 4 | Financials | 0.88% |
| 5 | Healthcare | 0.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
Lowe's Companies
LOW
$121B
| $418M | 0.07% |
2,200,400
-65,400
| -3% | -$11.2M |
|
252
CALL
Starbucks
SBUX
$122B
| $418M | 0.07% |
3,789,900
+276,700
| +8% | +$29.1M |
|
253
PUT
Verizon
VZ
$205B
| $417M | 0.07% |
7,166,100
+4,453,300
| +164% | +$251M |
|
254
PUT
UnitedHealth
UNH
$350B
| $414M | 0.07% |
1,112,300
-798,100
| -42% | -$277M |
|
255
CALL
RH
RH
$2.9B
| $410M | 0.06% |
687,700
-30,400
| -4% | -$15M |
|
256
CALL
Delta Air Lines
DAL
$54.2B
| $407M | 0.06% |
8,431,700
-1,007,300
| -11% | -$44.6M |
|
257
PUT
Texas Instruments
TXN
$241B
| $406M | 0.06% |
2,147,600
+439,800
| +26% | +$76.4M |
|
258
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $406M | 0.06% |
5,345,300
-1,925,800
| -26% | -$145M |
|
259
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $404M | 0.06% |
15,239,200
+2,265,500
| +17% | +$53.4M |
|
260
CALL
TSMC
TSM
$2.17T
| $397M | 0.06% |
3,355,100
-901,400
| -21% | -$112M |
|
261
CALL
T-Mobile US
TMUS
$196B
| $390M | 0.06% |
3,115,800
+1,072,500
| +52% | +$135M |
|
262
PUT
Target
TGT
$75.1B
| $389M | 0.06% |
1,965,300
+101,100
| +5% | +$18.9M |
|
263
PUT
Caterpillar
CAT
$381B
| $389M | 0.06% |
1,675,600
-399,300
| -19% | -$82.7M |
|
264
Pinduoduo
PDD
$126B
| $387M | 0.06% |
2,891,610
+2,369,412
| +454% | +$400M |
|
265
CALL
Palantir
PLTR
$432B
| $386M | 0.06% |
16,568,400
+649,700
| +4% | +$17.8M |
|
266
Booking.com
BKNG
$158B
| $385M | 0.06% |
4,126,800
-1,008,275
| -20% | -$89.6M |
|
267
PUT
McDonald's
MCD
$192B
| $384M | 0.06% |
1,713,400
-608,700
| -26% | -$130M |
|
268
Berkshire Hathaway Class B
BRK.B
$1.06T
| $383M | 0.06% |
1,497,807
+757,577
| +102% | +$184M |
|
269
PUT
Lockheed Martin
LMT
$130B
| $382M | 0.06% |
1,033,700
-139,200
| -12% | -$47.8M |
|
|
270
CALL
Texas Instruments
TXN
$241B
| $380M | 0.06% |
2,013,000
+23,000
| +1% | +$4M |
|
271
VanEck Gold Miners ETF
GDX
$31.8B
| $380M | 0.06% |
11,680,268
-10,108,556
| -46% | -$344M |
|
272
CALL
Applied Materials
AMAT
$391B
| $379M | 0.06% |
2,835,800
+580,500
| +26% | +$64M |
|
|
PARA
273
CALL
DELISTED
Paramount Global Class B
PARA
| $376M | 0.06% |
8,336,400
+1,285,000
| +18% | +$78.5M |
|
274
PUT
United Airlines
UAL
$36.7B
| $375M | 0.06% |
6,523,500
+147,100
| +2% | +$7.18M |
|
|
275
PUT
United States Oil Fund
USO
$2.24B
| $371M | 0.06% |
9,157,300
-8,137,300
| -47% | -$319M |
|
Similar funds
Jeff Yass's Q1 2021 Portfolio in Review
As of Q1 2021, Jeff Yass held 13,312 positions worth $634B, up 3.5% from $612B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jeff Yass's Q1 2021 filing shows 2,365 new, 5,233 increased, 4,447 reduced and 1,143 closed positions. Its largest new stake was iShares 20+ Year Treasury Bond ETF: 480,790 shares worth $65.1M. The largest sale was Apple, an estimated $2.5B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q1 2021 buy was iShares 20+ Year Treasury Bond ETF: 480,790 shares worth $65.1M.
- Jeff Yass added most to Amazon in Q1 2021, an estimated $1.6B increase.
- Jeff Yass's biggest Q1 2021 reduction was Apple, cutting an estimated $2.5B.
- Jeff Yass fully exited Sina Corp in Q1 2021, selling an estimated $170M.
- Jeff Yass's ten largest holdings make up 28% of its $634B portfolio in Q1 2021.
- Jeff Yass opened 2,365 new positions and closed 1,143 in Q1 2021.
- Jeff Yass's portfolio value rose 3.5% quarter-over-quarter to $634B.
Based on Susquehanna International Group's 13F filing for Q1 2021, filed 17 May 2021.