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 | |
|---|---|---|---|---|---|---|
651
Citigroup
C
$221B
| $136M | 0.02% |
1,942,268
-7,795,003
| -80% | -$545M |
|
652
CALL
ArcelorMittal
MT
$54.4B
| $136M | 0.02% |
4,518,200
-616,800
| -12% | -$20.2M |
|
653
PUT
Warner Bros
WBD
$71.6B
| $136M | 0.02% |
5,358,300
+677,500
| +14% | +$19M |
|
654
PUT
Altria Group
MO
$110B
| $135M | 0.02% |
2,963,200
+240,600
| +9% | +$11.6M |
|
655
PUT
SLB Ltd
SLB
$79.9B
| $135M | 0.02% |
4,543,000
+1,604,900
| +55% | +$46M |
|
656
CALL
Humana
HUM
$45.5B
| $134M | 0.02% |
345,500
-80,600
| -19% | -$34.2M |
|
657
CALL
Fiverr
FVRR
$331M
| $134M | 0.02% |
734,900
+186,300
| +34% | +$37.5M |
|
658
Chevron
CVX
$403B
| $134M | 0.02% |
1,322,862
-1,110,240
| -46% | -$111M |
|
659
Ford
F
$57.5B
| $134M | 0.02% |
9,449,310
-11,360,359
| -55% | -$155M |
|
660
PUT
XPeng
XPEV
$11.7B
| $133M | 0.02% |
3,745,600
-1,068,100
| -22% | -$42.4M |
|
661
Norwegian Cruise Line
NCLH
$7.92B
| $132M | 0.02% |
4,938,202
-417,202
| -8% | -$10.6M |
|
662
CALL
Nokia
NOK
$57B
| $131M | 0.02% |
24,084,700
+5,377,500
| +29% | +$31.2M |
|
663
PUT
Caesars Entertainment
CZR
$6.06B
| $131M | 0.02% |
1,165,900
-327,300
| -22% | -$32M |
|
|
MIC
664
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $130M | 0.02% |
3,213,680
+2,830,545
| +739% | +$112M |
|
665
CALL
CME Group
CME
$98.9B
| $130M | 0.02% |
662,600
-171,300
| -21% | -$34.7M |
|
666
Zillow
Z
$8.07B
| $130M | 0.02% |
1,470,712
+415,539
| +39% | +$42M |
|
667
PUT
QuantumScape Corp
QS
$3.68B
| $129M | 0.02% |
5,274,000
+331,800
| +7% | +$7.58M |
|
668
BP
BP
$115B
| $129M | 0.02% |
4,733,046
+857,470
| +22% | +$21.5M |
|
669
DraftKings
DKNG
$13B
| $129M | 0.02% |
2,685,027
-743,275
| -22% | -$39.4M |
|
670
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $129M | 0.02% |
1,116,800
+10,700
| +1% | +$1.23M |
|
671
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $129M | 0.02% |
1,171,900
-194,800
| -14% | -$21.9M |
|
672
CALL
Scotiabank
BNS
$107B
| $129M | 0.02% |
2,096,000
+1,808,000
| +628% | +$113M |
|
673
Baidu
BIDU
$31.6B
| $128M | 0.02% |
835,142
-819,315
| -50% | -$135M |
|
674
PUT
Lemonade
LMND
$4.13B
| $128M | 0.02% |
1,904,400
-397,200
| -17% | -$32M |
|
675
American Airlines Group
AAL
$9.15B
| $127M | 0.02% |
6,210,932
-4,224,579
| -40% | -$85.6M |
|
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.