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 | |
|---|---|---|---|---|---|---|
|
DOCU
301
DocuSign
DOCU
$11.8B
| $399M | 0.05% |
1,549,549
+647,761
| +72% | +$187M |
|
|
302
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $399M | 0.05% |
2,996,974
+2,982,562
| +20,695% | +$403M |
|
303
CALL
Blackstone
BX
$108B
| $397M | 0.05% |
3,415,000
+871,100
| +34% | +$101M |
|
304
CALL
Deere & Co
DE
$175B
| $396M | 0.05% |
1,180,900
+221,600
| +23% | +$79.9M |
|
305
CALL
Pinduoduo
PDD
$126B
| $396M | 0.05% |
4,362,400
+111,600
| +3% | +$10.9M |
|
|
306
PUT
Deere & Co
DE
$175B
| $395M | 0.05% |
1,178,800
-293,700
| -20% | -$106M |
|
307
CALL
Unity
U
$20.7B
| $393M | 0.05% |
3,113,800
+1,031,700
| +50% | +$122M |
|
308
PUT
Merck
MRK
$376B
| $392M | 0.05% |
5,224,800
+42,700
| +0.8% | +$3.25M |
|
309
CALL
Freeport-McMoran
FCX
$110B
| $391M | 0.05% |
12,034,900
+4,034,200
| +50% | +$142M |
|
310
CALL
American Express
AXP
$227B
| $388M | 0.05% |
2,318,400
+950,100
| +69% | +$159M |
|
|
B
311
PUT
Barrick Mining
B
$78.3B
| $386M | 0.05% |
21,360,300
+3,715,600
| +21% | +$74.6M |
|
312
PUT
Etsy
ETSY
$7.44B
| $384M | 0.05% |
1,846,400
-275,700
| -13% | -$55.9M |
|
313
PUT
Biogen
BIIB
$32B
| $384M | 0.05% |
1,356,400
+164,700
| +14% | +$54M |
|
|
TWTR
314
PUT
DELISTED
Twitter, Inc.
TWTR
| $381M | 0.05% |
6,316,800
+446,700
| +8% | +$29.3M |
|
315
PUT
Ulta Beauty
ULTA
$22.4B
| $380M | 0.05% |
1,053,500
+234,200
| +29% | +$84.6M |
|
|
B
316
Barrick Mining
B
$78.3B
| $380M | 0.05% |
21,062,484
+3,198,575
| +18% | +$64.2M |
|
317
PUT
Simon Property Group
SPG
$70.6B
| $378M | 0.05% |
2,909,800
+103,900
| +4% | +$13.5M |
|
318
CALL
Carvana
CVNA
$76.9B
| $378M | 0.05% |
6,268,500
-727,500
| -10% | -$48.4M |
|
319
PUT
Workday
WDAY
$49.4B
| $376M | 0.05% |
1,504,500
+443,300
| +42% | +$110M |
|
320
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $372M | 0.05% |
14,266,882
-1,471,532
| -9% | -$36.5M |
|
321
PUT
Danaher
DHR
$154B
| $371M | 0.05% |
1,375,934
+550,351
| +67% | +$150M |
|
322
CALL
Intuit
INTU
$100B
| $368M | 0.05% |
682,100
+43,300
| +7% | +$23.3M |
|
323
PUT
Vale
VALE
$62.1B
| $367M | 0.05% |
26,340,700
-3,153,100
| -11% | -$61.8M |
|
|
324
PUT
Intuit
INTU
$100B
| $367M | 0.05% |
679,600
+140,100
| +26% | +$75.5M |
|
325
CALL
DoorDash
DASH
$96.8B
| $363M | 0.05% |
1,762,600
-662,700
| -27% | -$127M |
|
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.