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 |
Zoom
ZM
|
+$834M |
| 2 |
FedEx
FDX
|
+$666M |
| 3 |
Microsoft
MSFT
|
+$594M |
| 4 |
Advanced Micro Devices
AMD
|
+$585M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$403M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$2.17B |
| 2 |
Amazon
AMZN
|
+$1.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.79B |
| 4 |
NVIDIA
NVDA
|
+$1.18B |
| 5 |
Wells Fargo
WFC
|
+$827M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.89% |
| 2 | Consumer Discretionary | 1.29% |
| 3 | Communication Services | 0.93% |
| 4 | Healthcare | 0.89% |
| 5 | Financials | 0.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
PUT
JD.com
JD
$39.7B
| $438M | 0.06% |
6,057,600
-2,496,200
| -29% | -$184M |
|
277
PUT
Eli Lilly
LLY
$1.12T
| $436M | 0.06% |
1,886,100
+264,900
| +16% | +$65.4M |
|
278
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $436M | 0.06% |
13,989,200
-3,420,400
| -20% | -$117M |
|
279
CALL
Delta Air Lines
DAL
$54.2B
| $434M | 0.06% |
10,181,700
+3,911,900
| +62% | +$160M |
|
280
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $432M | 0.06% |
5,537,400
+455,200
| +9% | +$36.4M |
|
281
PUT
Gilead Sciences
GILD
$181B
| $431M | 0.06% |
6,175,400
+334,400
| +6% | +$23.5M |
|
282
CALL
Wayfair
W
$13.9B
| $429M | 0.06% |
1,680,600
+166,100
| +11% | +$46.8M |
|
283
CALL
Texas Instruments
TXN
$241B
| $427M | 0.06% |
2,220,400
-237,600
| -10% | -$45.3M |
|
284
PUT
Zillow
Z
$8.07B
| $424M | 0.06% |
4,809,400
+1,600,600
| +50% | +$162M |
|
285
CALL
Coca-Cola
KO
$392B
| $423M | 0.06% |
8,057,900
-55,700
| -0.7% | -$3.1M |
|
286
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $421M | 0.06% |
8,350,484
+4,606,341
| +123% | +$240M |
|
287
CALL
MongoDB
MDB
$34.7B
| $419M | 0.06% |
888,300
-134,800
| -13% | -$54.3M |
|
288
CALL
Ulta Beauty
ULTA
$22.4B
| $417M | 0.06% |
1,154,300
+60,900
| +6% | +$22M |
|
289
CALL
Teladoc Health
TDOC
$1.16B
| $416M | 0.06% |
3,284,100
-507,400
| -13% | -$73.9M |
|
|
X
290
PUT
DELISTED
US Steel
X
| $416M | 0.06% |
18,925,100
+6,044,900
| +47% | +$151M |
|
291
CALL
Hilton Worldwide
HLT
$73.5B
| $414M | 0.06% |
3,133,600
+1,176,900
| +60% | +$149M |
|
292
CALL
Starbucks
SBUX
$122B
| $411M | 0.06% |
3,668,300
+1,173,100
| +47% | +$137M |
|
293
PUT
Oracle
ORCL
$422B
| $411M | 0.06% |
4,720,400
+1,685,600
| +56% | +$149M |
|
294
CALL
AutoZone
AZO
$48.3B
| $410M | 0.06% |
241,600
+16,100
| +7% | +$25.8M |
|
295
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $410M | 0.06% |
3,199,600
-627,600
| -16% | -$82.7M |
|
296
CALL
United Airlines
UAL
$36.7B
| $407M | 0.05% |
8,552,500
+2,662,200
| +45% | +$125M |
|
297
CALL
Applied Materials
AMAT
$391B
| $406M | 0.05% |
3,155,800
-131,700
| -4% | -$17.9M |
|
298
PUT
Atlassian
TEAM
$43.5B
| $405M | 0.05% |
1,034,100
-52,000
| -5% | -$17.4M |
|
299
Verizon
VZ
$205B
| $404M | 0.05% |
7,480,602
+2,389,549
| +47% | +$132M |
|
300
CALL
Coinbase
COIN
$49.2B
| $402M | 0.05% |
1,766,000
-1,285,700
| -42% | -$316M |
|
Similar funds
Jeff Yass's Q3 2021 Portfolio in Review
As of Q3 2021, Jeff Yass held 14,193 positions worth $745B, up 4.8% from $712B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass deployed $45.4B of net new capital in Q3 2021, opening 1,741 new positions and adding to 5,205 existing holdings. Its largest new stake was InMode: 613,660 shares worth $48.9M.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, down from 1.9% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $2.17B trimmed.
- Jeff Yass's largest Q3 2021 buy was InMode: 613,660 shares worth $48.9M.
- Jeff Yass added most to Zoom in Q3 2021, an estimated $834M increase.
- Jeff Yass's biggest Q3 2021 reduction was Walt Disney, cutting an estimated $2.17B.
- Jeff Yass fully exited PRA Health Sciences, Inc. in Q3 2021, selling an estimated $103M.
- Jeff Yass's ten largest holdings make up 32% of its $745B portfolio in Q3 2021.
- Jeff Yass opened 1,741 new positions and closed 1,560 in Q3 2021.
- Jeff Yass's portfolio value rose 4.8% quarter-over-quarter to $745B.
Based on Susquehanna International Group's 13F filing for Q3 2021, filed 15 Nov 2021.