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 | |
|---|---|---|---|---|---|---|
401
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.07B
| $232M | 0.04% |
3,496,500
-538,100
| -13% | -$33.6M |
|
402
CALL
Western Digital
WDC
$166B
| $232M | 0.04% |
4,588,826
+124,892
| +3% | +$5.84M |
|
403
JPMorgan Chase
JPM
$935B
| $231M | 0.04% |
1,519,930
+249,009
| +20% | +$35.8M |
|
404
PUT
Delta Air Lines
DAL
$54.2B
| $231M | 0.04% |
4,777,500
-1,426,400
| -23% | -$63.1M |
|
405
CALL
Spotify
SPOT
$110B
| $230M | 0.04% |
859,500
-282,300
| -25% | -$88M |
|
406
PUT
Okta
OKTA
$23.5B
| $229M | 0.04% |
1,039,900
-250,800
| -19% | -$63M |
|
|
COUP
407
PUT
DELISTED
Coupa Software Incorporated
COUP
| $228M | 0.04% |
895,700
-63,300
| -7% | -$19.9M |
|
408
PUT
PENN Entertainment
PENN
$2.5B
| $227M | 0.04% |
2,162,700
+926,300
| +75% | +$103M |
|
409
CALL
Plug Power
PLUG
$3.17B
| $227M | 0.04% |
6,326,200
-937,000
| -13% | -$48.3M |
|
410
CALL
MGM Resorts International
MGM
$11B
| $226M | 0.04% |
5,956,900
+1,478,800
| +33% | +$51.6M |
|
411
CALL
Thermo Fisher Scientific
TMO
$233B
| $226M | 0.04% |
494,800
-39,000
| -7% | -$18.6M |
|
412
PUT
American Express
AXP
$227B
| $225M | 0.04% |
1,589,400
-440,900
| -22% | -$58.3M |
|
413
PUT
WIX.com
WIX
$3.43B
| $224M | 0.04% |
802,700
-136,600
| -15% | -$39M |
|
414
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $223M | 0.04% |
5,833,700
-478,300
| -8% | -$17.9M |
|
415
PayPal
PYPL
$52.7B
| $222M | 0.04% |
914,764
+462,265
| +102% | +$117M |
|
416
PUT
3M
MMM
$92.3B
| $222M | 0.04% |
1,375,400
-550,160
| -29% | -$82.4M |
|
417
PUT
Norwegian Cruise Line
NCLH
$7.92B
| $221M | 0.03% |
8,001,400
+1,463,900
| +22% | +$39M |
|
418
NextEra Energy
NEE
$174B
| $220M | 0.03% |
2,913,272
-584,175
| -17% | -$45.6M |
|
419
CALL
Vale
VALE
$62.1B
| $220M | 0.03% |
12,666,900
+129,100
| +1% | +$2.25M |
|
420
PUT
Lemonade
LMND
$4.13B
| $220M | 0.03% |
2,362,500
+1,323,200
| +127% | +$171M |
|
421
CALL
American Tower
AMT
$81.9B
| $220M | 0.03% |
918,800
+411,500
| +81% | +$91.6M |
|
422
Bank of America
BAC
$431B
| $217M | 0.03% |
5,616,113
+3,018,686
| +116% | +$104M |
|
423
CALL
Biogen
BIIB
$32B
| $215M | 0.03% |
768,700
-446,700
| -37% | -$120M |
|
424
PUT
Sherwin-Williams
SHW
$84.1B
| $214M | 0.03% |
869,100
+282,000
| +48% | +$67.2M |
|
425
PUT
Expedia Group
EXPE
$38.6B
| $214M | 0.03% |
1,241,800
-410,600
| -25% | -$63.2M |
|
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.