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 | |
|---|---|---|---|---|---|---|
|
76
CALL
Zoom
ZM
$31.5B
| $1.31B | 0.18% |
4,999,900
+56,600
| +1% | +$19.1M |
|
77
PUT
PayPal
PYPL
$52.7B
| $1.3B | 0.17% |
4,985,100
+356,600
| +8% | +$101M |
|
78
CALL
Goldman Sachs
GS
$303B
| $1.28B | 0.17% |
3,396,900
+604,000
| +22% | +$236M |
|
|
79
PUT
Wells Fargo
WFC
$254B
| $1.28B | 0.17% |
27,552,900
+1,466,900
| +6% | +$67.9M |
|
80
CALL
Bank of America
BAC
$431B
| $1.25B | 0.17% |
29,486,800
+6,889,800
| +30% | +$278M |
|
81
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.24B | 0.17% |
14,186,600
+799,100
| +6% | +$70.1M |
|
82
Tesla
TSLA
$1.43T
| $1.22B | 0.16% |
4,736,337
-2,251,698
| -32% | -$530M |
|
83
CALL
Sea Limited
SE
$72B
| $1.21B | 0.16% |
3,792,800
+482,600
| +15% | +$148M |
|
84
CALL
Adobe
ADBE
$109B
| $1.2B | 0.16% |
2,086,200
-244,000
| -10% | -$154M |
|
85
CALL
Pfizer
PFE
$160B
| $1.19B | 0.16% |
27,756,100
+12,507,800
| +82% | +$554M |
|
86
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $1.16B | 0.16% |
44,580,000
+287,600
| +0.6% | +$7.12M |
|
87
CALL
Mastercard
MA
$509B
| $1.16B | 0.16% |
3,336,400
+434,700
| +15% | +$158M |
|
88
CALL
Roku
ROKU
$23.4B
| $1.15B | 0.15% |
3,685,400
+163,300
| +5% | +$61.5M |
|
89
PUT
Broadcom
AVGO
$1.75T
| $1.15B | 0.15% |
23,573,000
+4,476,000
| +23% | +$218M |
|
|
90
PUT
FedEx
FDX
$76.9B
| $1.13B | 0.15% |
5,148,400
+1,188,000
| +30% | +$322M |
|
|
91
PUT
Bank of America
BAC
$431B
| $1.12B | 0.15% |
26,274,000
+2,321,200
| +10% | +$93.5M |
|
92
CALL
Intel
INTC
$476B
| $1.11B | 0.15% |
20,755,900
+2,102,400
| +11% | +$114M |
|
|
93
Microsoft
MSFT
$3.59T
| $1.11B | 0.15% |
3,937,275
+2,040,442
| +108% | +$594M |
|
|
94
PUT
Intel
INTC
$476B
| $1.1B | 0.15% |
20,632,800
-553,500
| -3% | -$30M |
|
95
Apple
AAPL
$4.51T
| $1.1B | 0.15% |
7,756,780
-4,900,124
| -39% | -$721M |
|
96
CALL
Uber
UBER
$161B
| $1.09B | 0.15% |
24,350,100
+7,107,300
| +41% | +$311M |
|
97
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.08B | 0.14% |
7,485,500
+400,500
| +6% | +$59.5M |
|
98
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $1.07B | 0.14% |
11,098,000
+2,636,400
| +31% | +$224M |
|
99
CALL
Snowflake
SNOW
$115B
| $1.06B | 0.14% |
3,517,900
+542,700
| +18% | +$154M |
|
100
CALL
Home Depot
HD
$335B
| $1.06B | 0.14% |
3,237,900
-926,100
| -22% | -$304M |
|
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.