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 | |
|---|---|---|---|---|---|---|
51
PUT
Salesforce
CRM
$171B
| $1.68B | 0.26% |
7,920,400
-2,066,200
| -21% | -$460M |
|
52
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $1.66B | 0.26% |
58,555,000
-34,600,000
| -37% | -$1B |
|
53
CALL
Mercado Libre
MELI
$97.5B
| $1.65B | 0.26% |
1,122,500
+190,400
| +20% | +$323M |
|
54
CALL
Shopify
SHOP
$192B
| $1.62B | 0.26% |
14,663,000
-6,083,000
| -29% | -$735M |
|
55
CALL
JPMorgan Chase
JPM
$935B
| $1.52B | 0.24% |
9,839,200
-386,900
| -4% | -$55.7M |
|
56
CALL
Costco
COST
$420B
| $1.51B | 0.24% |
4,274,000
+639,900
| +18% | +$223M |
|
|
57
PUT
NIO
NIO
$11.6B
| $1.47B | 0.23% |
37,728,100
+8,201,500
| +28% | +$418M |
|
58
CALL
Wells Fargo
WFC
$254B
| $1.41B | 0.22% |
36,155,300
+15,830,800
| +78% | +$560M |
|
59
CALL
SPDR Gold Trust
GLD
$152B
| $1.41B | 0.22% |
8,817,700
-4,427,300
| -33% | -$744M |
|
|
60
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.39B | 0.22% |
13,457,520
+2,991,100
| +29% | +$295M |
|
61
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.38B | 0.22% |
15,811,500
+8,589,100
| +119% | +$747M |
|
62
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.37B | 0.22% |
10,134,900
+4,964,300
| +96% | +$720M |
|
63
CALL
Visa
V
$693B
| $1.34B | 0.21% |
6,349,700
-312,400
| -5% | -$65.8M |
|
64
PUT
Roku
ROKU
$23.4B
| $1.31B | 0.21% |
4,035,000
-463,800
| -10% | -$182M |
|
65
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.31B | 0.21% |
24,546,100
+5,789,700
| +31% | +$317M |
|
66
PUT
Qualcomm
QCOM
$169B
| $1.31B | 0.21% |
9,868,600
+3,664,900
| +59% | +$529M |
|
67
CALL
Booking.com
BKNG
$158B
| $1.3B | 0.21% |
13,972,500
-5,322,500
| -28% | -$473M |
|
|
68
PUT
Costco
COST
$420B
| $1.3B | 0.2% |
3,680,200
+602,800
| +20% | +$210M |
|
69
PUT
Baidu
BIDU
$31.6B
| $1.29B | 0.2% |
5,929,800
+3,165,100
| +114% | +$826M |
|
|
70
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.29B | 0.2% |
9,515,800
+2,997,000
| +46% | +$434M |
|
|
71
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $1.28B | 0.2% |
45,095,000
-7,125,000
| -14% | -$206M |
|
72
PUT
Micron Technology
MU
$1.09T
| $1.27B | 0.2% |
14,377,300
+1,039,600
| +8% | +$88.2M |
|
73
PUT
Adobe
ADBE
$109B
| $1.26B | 0.2% |
2,655,200
-213,900
| -7% | -$100M |
|
74
PUT
PayPal
PYPL
$52.7B
| $1.23B | 0.19% |
5,059,000
+1,095,500
| +28% | +$277M |
|
|
75
CALL
PayPal
PYPL
$52.7B
| $1.22B | 0.19% |
5,033,900
-1,610,800
| -24% | -$407M |
|
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.