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 | |
|---|---|---|---|---|---|---|
301
PUT
Biogen
BIIB
$32B
| $334M | 0.05% |
1,193,700
-656,100
| -35% | -$177M |
|
302
CALL
Union Pacific
UNP
$183B
| $333M | 0.05% |
1,510,900
-122,900
| -8% | -$25.8M |
|
303
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $331M | 0.05% |
2,839,300
+1,003,800
| +55% | +$116M |
|
304
Carnival Corporation Ltd
CCL
$35.2B
| $324M | 0.05% |
12,218,885
+5,806,353
| +91% | +$137M |
|
305
PUT
DraftKings
DKNG
$13B
| $324M | 0.05% |
5,285,900
-1,548,500
| -23% | -$93M |
|
306
CALL
Wynn Resorts
WYNN
$10.3B
| $324M | 0.05% |
2,585,000
-487,200
| -16% | -$58.7M |
|
307
PUT
AutoZone
AZO
$48.3B
| $318M | 0.05% |
226,200
-141,700
| -39% | -$175M |
|
308
Mastercard
MA
$509B
| $318M | 0.05% |
892,021
-91,856
| -9% | -$32M |
|
309
PUT
Merck
MRK
$376B
| $317M | 0.05% |
4,309,376
+1,591,178
| +59% | +$117M |
|
310
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $317M | 0.05% |
3,635,200
-216,100
| -6% | -$18.8M |
|
311
CALL
Blackrock
BLK
$179B
| $316M | 0.05% |
419,700
+117,100
| +39% | +$84.9M |
|
312
CALL
Zscaler
ZS
$29.4B
| $316M | 0.05% |
1,842,900
-137,300
| -7% | -$27.3M |
|
313
CALL
Oracle
ORCL
$422B
| $314M | 0.05% |
4,468,600
-485,900
| -10% | -$31.5M |
|
314
CALL
Las Vegas Sands
LVS
$30.5B
| $313M | 0.05% |
5,154,400
+2,053,900
| +66% | +$120M |
|
315
Hilton Worldwide
HLT
$73.5B
| $313M | 0.05% |
2,588,895
-629,289
| -20% | -$72.7M |
|
316
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $313M | 0.05% |
4,716,700
+1,165,300
| +33% | +$72.7M |
|
317
Verizon
VZ
$205B
| $310M | 0.05% |
5,331,343
+3,360,013
| +170% | +$190M |
|
318
CALL
Zillow
Z
$8.07B
| $310M | 0.05% |
2,391,200
-642,200
| -21% | -$95.3M |
|
319
Boeing
BA
$169B
| $306M | 0.05% |
1,201,135
+642,402
| +115% | +$143M |
|
320
PUT
Applied Materials
AMAT
$391B
| $305M | 0.05% |
2,284,700
+209,500
| +10% | +$23.1M |
|
|
321
PUT
Zillow
Z
$8.07B
| $304M | 0.05% |
2,346,100
+956,600
| +69% | +$142M |
|
322
PUT
Coca-Cola
KO
$392B
| $303M | 0.05% |
5,756,000
-2,481,100
| -30% | -$125M |
|
323
Citigroup
C
$221B
| $303M | 0.05% |
4,170,088
-1,023,264
| -20% | -$68.3M |
|
324
CALL
Marathon Petroleum
MPC
$101B
| $303M | 0.05% |
5,656,300
+2,743,500
| +94% | +$139M |
|
325
CALL
Simon Property Group
SPG
$70.6B
| $302M | 0.05% |
2,656,300
+526,000
| +25% | +$54.9M |
|
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.