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 | |
|---|---|---|---|---|---|---|
|
26
CALL
NVIDIA
NVDA
$5.2T
| $3.13B | 0.42% |
150,930,000
-170,038,000
| -53% | -$3.53B |
|
27
CALL
Shopify
SHOP
$192B
| $3.01B | 0.4% |
22,217,000
-2,689,000
| -11% | -$403M |
|
28
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.89B | 0.39% |
13,215,700
-1,189,500
| -8% | -$264M |
|
|
29
PUT
Walt Disney
DIS
$186B
| $2.73B | 0.37% |
15,785,000
-6,983,500
| -31% | -$1.24B |
|
30
CALL
Boeing
BA
$169B
| $2.72B | 0.37% |
12,372,100
+1,839,000
| +17% | +$410M |
|
|
31
CALL
Walt Disney
DIS
$186B
| $2.6B | 0.35% |
15,083,000
+7,619,400
| +102% | +$1.36B |
|
32
PUT
Alibaba
BABA
$286B
| $2.56B | 0.34% |
17,268,600
+4,882,900
| +39% | +$888M |
|
|
33
PUT
Advanced Micro Devices
AMD
$773B
| $2.55B | 0.34% |
24,748,900
+9,309,400
| +60% | +$952M |
|
34
CALL
Moderna
MRNA
$57.9B
| $2.52B | 0.34% |
6,540,000
+416,300
| +7% | +$154M |
|
35
Invesco QQQ Trust
QQQ
$486B
| $2.5B | 0.33% |
6,970,083
-177,612
| -2% | -$65.4M |
|
|
36
PUT
Moderna
MRNA
$57.9B
| $2.49B | 0.33% |
6,481,800
+1,980,700
| +44% | +$730M |
|
37
PUT
Netflix
NFLX
$331B
| $2.32B | 0.31% |
38,086,000
-630,000
| -2% | -$34.7M |
|
38
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.24B | 0.3% |
8,202,900
+1,140,200
| +16% | +$320M |
|
39
CALL
GE Aerospace
GE
$361B
| $2.19B | 0.29% |
34,143,699
+30,392,476
| +810% | +$1.95B |
|
|
XYZ
40
PUT
Block Inc
XYZ
$49.4B
| $2.15B | 0.29% |
8,957,800
+516,600
| +6% | +$133M |
|
41
CALL
Salesforce
CRM
$171B
| $2.11B | 0.28% |
7,766,700
+966,100
| +14% | +$245M |
|
42
PUT
Citigroup
C
$221B
| $2.09B | 0.28% |
29,828,800
-2,180,500
| -7% | -$152M |
|
43
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $2.04B | 0.27% |
56,005,000
+500,000
| +0.9% | +$18.2M |
|
44
PUT
Goldman Sachs
GS
$303B
| $2.02B | 0.27% |
5,353,600
+2,037,300
| +61% | +$796M |
|
|
45
PUT
Salesforce
CRM
$171B
| $2.02B | 0.27% |
7,429,700
+759,400
| +11% | +$193M |
|
46
PUT
Booking.com
BKNG
$158B
| $1.98B | 0.27% |
20,872,500
-3,590,000
| -15% | -$322M |
|
|
47
CALL
Advanced Micro Devices
AMD
$773B
| $1.92B | 0.26% |
18,641,300
-887,100
| -5% | -$90.7M |
|
48
CALL
JPMorgan Chase
JPM
$935B
| $1.91B | 0.26% |
11,536,300
+1,113,300
| +11% | +$175M |
|
|
XYZ
49
CALL
Block Inc
XYZ
$49.4B
| $1.83B | 0.24% |
7,613,200
+399,100
| +6% | +$103M |
|
|
50
PUT
Zoom
ZM
$31.5B
| $1.81B | 0.24% |
6,909,500
+1,712,800
| +33% | +$577M |
|
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.