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 |
Walt Disney
DIS
|
+$2.51B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.53B |
| 3 |
Amazon
AMZN
|
+$1.11B |
| 4 |
Airbnb
ABNB
|
+$574M |
| 5 |
NVIDIA
NVDA
|
+$519M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$588M |
| 2 |
NIO
NIO
|
+$539M |
| 3 |
Apple
AAPL
|
+$525M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$443M |
| 5 |
Microsoft
MSFT
|
+$375M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.94% |
| 2 | Technology | 1.9% |
| 3 | Communication Services | 1.42% |
| 4 | Financials | 1.08% |
| 5 | Healthcare | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
PUT
Salesforce
CRM
$171B
| $1.63B | 0.23% |
6,670,300
-1,250,100
| -16% | -$288M |
|
52
CALL
Walmart Inc
WMT
$825B
| $1.62B | 0.23% |
34,563,600
-3,710,700
| -10% | -$173M |
|
53
CALL
JPMorgan Chase
JPM
$935B
| $1.62B | 0.23% |
10,423,000
+583,800
| +6% | +$91.7M |
|
54
CALL
Roku
ROKU
$23.4B
| $1.62B | 0.23% |
3,522,100
-99,100
| -3% | -$35.1M |
|
55
Tesla
TSLA
$1.43T
| $1.58B | 0.22% |
6,988,035
+2,109,306
| +43% | +$458M |
|
56
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.52B | 0.21% |
27,418,100
-12,268,800
| -31% | -$667M |
|
|
57
PUT
JPMorgan Chase
JPM
$935B
| $1.47B | 0.21% |
9,453,900
+2,037,600
| +27% | +$320M |
|
58
CALL
Visa
V
$693B
| $1.45B | 0.2% |
6,209,400
-140,300
| -2% | -$32.1M |
|
59
PUT
Advanced Micro Devices
AMD
$773B
| $1.45B | 0.2% |
15,439,500
-10,234,500
| -40% | -$827M |
|
60
CALL
Moderna
MRNA
$57.9B
| $1.44B | 0.2% |
6,123,700
+600
| +0% | +$107K |
|
61
CALL
SPDR Gold Trust
GLD
$152B
| $1.44B | 0.2% |
8,677,500
-140,200
| -2% | -$23.8M |
|
62
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $1.42B | 0.2% |
45,810,000
+715,000
| +2% | +$20.4M |
|
63
PUT
Qualcomm
QCOM
$169B
| $1.41B | 0.2% |
9,854,300
-14,300
| -0.1% | -$1.93M |
|
|
64
PUT
Roku
ROKU
$23.4B
| $1.4B | 0.2% |
3,052,200
-982,800
| -24% | -$348M |
|
65
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.39B | 0.2% |
4,024,800
-1,881,000
| -32% | -$642M |
|
66
iShares MSCI EAFE ETF
EFA
$80B
| $1.38B | 0.19% |
17,469,093
+4,880,526
| +39% | +$388M |
|
67
CALL
Adobe
ADBE
$109B
| $1.36B | 0.19% |
2,330,200
-154,200
| -6% | -$79.5M |
|
68
PUT
PayPal
PYPL
$52.7B
| $1.36B | 0.19% |
4,628,500
-430,500
| -9% | -$114M |
|
|
69
CALL
PayPal
PYPL
$52.7B
| $1.35B | 0.19% |
4,613,200
-420,700
| -8% | -$111M |
|
70
CALL
Home Depot
HD
$335B
| $1.33B | 0.19% |
4,164,000
+441,300
| +12% | +$140M |
|
|
71
CALL
NIO
NIO
$11.6B
| $1.32B | 0.19% |
24,761,400
+6,508,100
| +36% | +$261M |
|
|
72
CALL
Walt Disney
DIS
$186B
| $1.31B | 0.18% |
7,463,600
-6,313,000
| -46% | -$1.14B |
|
|
73
PUT
Adobe
ADBE
$109B
| $1.3B | 0.18% |
2,212,800
-442,400
| -17% | -$228M |
|
74
CALL
Costco
COST
$420B
| $1.27B | 0.18% |
3,188,800
-1,085,200
| -25% | -$410M |
|
75
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.27B | 0.18% |
10,402,340
-3,055,180
| -23% | -$357M |
|
Similar funds
Jeff Yass's Q2 2021 Portfolio in Review
As of Q2 2021, Jeff Yass held 13,792 positions worth $712B, up 12% from $634B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2021 filing shows 1,607 new, 5,175 increased, 5,390 reduced and 1,328 closed positions. Its largest new stake was PRA Health Sciences, Inc.: 622,837 shares worth $103M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $588M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.9% of assets, up from 1.7% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q2 2021 buy was PRA Health Sciences, Inc.: 622,837 shares worth $103M.
- Jeff Yass added most to Walt Disney in Q2 2021, an estimated $2.51B increase.
- Jeff Yass's biggest Q2 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $588M.
- Jeff Yass fully exited iShares Core MSCI EAFE ETF in Q2 2021, selling an estimated $59.3M.
- Jeff Yass's ten largest holdings make up 30% of its $712B portfolio in Q2 2021.
- Jeff Yass opened 1,607 new positions and closed 1,328 in Q2 2021.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $712B.
Based on Susquehanna International Group's 13F filing for Q2 2021, filed 11 Aug 2021.