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 | |
|---|---|---|---|---|---|---|
426
PUT
Hilton Worldwide
HLT
$73.5B
| $256M | 0.03% |
1,935,300
+1,195,400
| +162% | +$151M |
|
427
Walmart Inc
WMT
$825B
| $255M | 0.03% |
5,478,564
+3,299,877
| +151% | +$159M |
|
428
PUT
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $254M | 0.03% |
5,372,800
+3,585,300
| +201% | +$188M |
|
429
CALL
Southwest Airlines
LUV
$19.8B
| $254M | 0.03% |
4,940,200
+1,964,900
| +66% | +$99.2M |
|
430
BioNTech
BNTX
$29.3B
| $253M | 0.03% |
927,341
+236,170
| +34% | +$75.1M |
|
431
PUT
United States Oil Fund
USO
$2.24B
| $252M | 0.03% |
4,788,900
-1,776,000
| -27% | -$86.9M |
|
432
PUT
Autodesk
ADSK
$53.6B
| $250M | 0.03% |
877,500
-37,200
| -4% | -$11.4M |
|
433
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $249M | 0.03% |
2,544,200
+561,600
| +28% | +$57.7M |
|
434
Goldman Sachs
GS
$303B
| $248M | 0.03% |
656,501
+5,797
| +0.9% | +$2.26M |
|
435
PUT
3M
MMM
$92.3B
| $248M | 0.03% |
1,691,742
+433,072
| +34% | +$70.2M |
|
436
PUT
Delta Air Lines
DAL
$54.2B
| $247M | 0.03% |
5,787,500
+270,300
| +5% | +$11M |
|
437
Uber
UBER
$161B
| $246M | 0.03% |
5,491,883
+821,734
| +18% | +$35.9M |
|
438
CALL
RTX Corp
RTX
$283B
| $245M | 0.03% |
2,851,200
+277,000
| +11% | +$23.7M |
|
439
CALL
Elevance Health
ELV
$86.9B
| $245M | 0.03% |
655,900
+133,400
| +26% | +$50.7M |
|
440
CALL
Best Buy
BBY
$18.1B
| $244M | 0.03% |
2,311,600
+1,244,300
| +117% | +$140M |
|
441
CALL
Altria Group
MO
$110B
| $244M | 0.03% |
5,353,700
+382,400
| +8% | +$18.5M |
|
442
PUT
Devon Energy
DVN
$54B
| $243M | 0.03% |
6,830,800
+2,206,100
| +48% | +$62.6M |
|
443
PUT
Las Vegas Sands
LVS
$30.5B
| $241M | 0.03% |
6,598,100
+3,503,200
| +113% | +$150M |
|
444
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $241M | 0.03% |
1,892,700
+248,000
| +15% | +$32.8M |
|
445
PUT
DexCom
DXCM
$34.8B
| $241M | 0.03% |
1,760,800
+233,200
| +15% | +$29.4M |
|
446
ASML
ASML
$677B
| $239M | 0.03% |
320,276
+226,028
| +240% | +$178M |
|
|
447
CALL
3M
MMM
$92.3B
| $238M | 0.03% |
1,625,723
-1,457,087
| -47% | -$236M |
|
448
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $238M | 0.03% |
1,208,000
+472,000
| +64% | +$89.8M |
|
|
API
449
Agora
API
$369M
| $237M | 0.03% |
8,188,327
+6,883,574
| +528% | +$215M |
|
450
PUT
Blackstone
BX
$108B
| $236M | 0.03% |
2,031,700
+360,800
| +22% | +$41.9M |
|
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.