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 | |
|---|---|---|---|---|---|---|
526
CALL
United Rentals
URI
$68.4B
| $196M | 0.03% |
557,100
-47,700
| -8% | -$16M |
|
527
Adobe
ADBE
$109B
| $195M | 0.03% |
338,619
+104,922
| +45% | +$66M |
|
528
Bristol-Myers Squibb
BMY
$137B
| $194M | 0.03% |
3,285,322
+1,665,265
| +103% | +$110M |
|
|
529
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $194M | 0.03% |
1,456,800
-745,600
| -34% | -$101M |
|
530
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $193M | 0.03% |
1,536,500
-938,900
| -38% | -$121M |
|
531
CALL
Valero Energy
VLO
$100B
| $192M | 0.03% |
2,720,700
+273,100
| +11% | +$18.2M |
|
532
PUT
Expedia Group
EXPE
$38.6B
| $192M | 0.03% |
1,171,200
-59,900
| -5% | -$9.26M |
|
533
CALL
Capital One
COF
$134B
| $192M | 0.03% |
1,184,700
+336,400
| +40% | +$54.9M |
|
534
Intel
INTC
$476B
| $191M | 0.03% |
3,591,699
-3,238,785
| -47% | -$176M |
|
535
PUT
PENN Entertainment
PENN
$2.5B
| $191M | 0.03% |
2,634,400
+645,500
| +32% | +$47.4M |
|
|
VMW
536
CALL
DELISTED
VMware, Inc
VMW
| $189M | 0.03% |
1,269,900
+128,200
| +11% | +$19.4M |
|
537
PUT
Veeva Systems
VEEV
$40.3B
| $189M | 0.03% |
654,800
+137,200
| +27% | +$43.5M |
|
538
CALL
Cigna
CI
$73.3B
| $187M | 0.03% |
935,800
+261,200
| +39% | +$56.8M |
|
539
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $187M | 0.03% |
5,860,200
+212,800
| +4% | +$7.11M |
|
540
CALL
Boston Beer
SAM
$1.91B
| $187M | 0.03% |
366,600
+172,800
| +89% | +$117M |
|
541
CALL
Philip Morris
PM
$293B
| $187M | 0.03% |
1,970,600
+68,300
| +4% | +$6.87M |
|
542
CALL
Dollar General
DG
$27.2B
| $187M | 0.03% |
879,200
-79,200
| -8% | -$17.9M |
|
|
DISCK
543
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $186M | 0.03% |
7,675,265
+428,753
| +6% | +$11.5M |
|
544
PUT
BP
BP
$115B
| $186M | 0.03% |
6,813,000
+1,599,000
| +31% | +$40.1M |
|
545
PUT
iShares Semiconductor ETF
SOXX
$42.4B
| $186M | 0.03% |
1,252,500
-20,700
| -2% | -$3.15M |
|
546
IBM
IBM
$222B
| $186M | 0.02% |
1,397,400
+592,331
| +74% | +$79.2M |
|
|
547
PUT
Capital One
COF
$134B
| $185M | 0.02% |
1,141,800
+257,000
| +29% | +$41.9M |
|
548
CALL
CBRE Group
CBRE
$44B
| $185M | 0.02% |
1,896,000
-5,900
| -0.3% | -$548K |
|
549
PUT
Best Buy
BBY
$18.1B
| $185M | 0.02% |
1,746,200
+869,000
| +99% | +$97.6M |
|
550
PUT
Futu Holdings
FUTU
$17.3B
| $184M | 0.02% |
2,025,200
+809,500
| +67% | +$89.3M |
|
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.