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 | |
|---|---|---|---|---|---|---|
101
PUT
Home Depot
HD
$335B
| $948M | 0.15% |
3,104,800
+604,600
| +24% | +$167M |
|
102
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $947M | 0.15% |
2,867,800
-644,500
| -18% | -$203M |
|
103
CALL
Uber
UBER
$161B
| $946M | 0.15% |
17,356,700
-162,700
| -0.9% | -$9.08M |
|
104
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $927M | 0.15% |
37,772,600
+10,621,000
| +39% | +$245M |
|
105
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $920M | 0.15% |
3,600,300
+587,300
| +19% | +$143M |
|
106
PUT
Bank of America
BAC
$431B
| $917M | 0.14% |
23,704,200
-10,362,100
| -30% | -$358M |
|
107
CALL
Johnson & Johnson
JNJ
$651B
| $916M | 0.14% |
5,572,800
+312,400
| +6% | +$50.5M |
|
108
CALL
AT&T
T
$173B
| $911M | 0.14% |
39,866,170
+14,474,763
| +57% | +$320M |
|
|
109
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $892M | 0.14% |
36,344,400
-1,739,000
| -5% | -$40.1M |
|
110
PUT
Sea Limited
SE
$72B
| $883M | 0.14% |
3,954,700
+968,400
| +32% | +$225M |
|
111
PUT
Broadcom
AVGO
$1.75T
| $878M | 0.14% |
18,933,000
+2,329,000
| +14% | +$108M |
|
|
112
PUT
ExxonMobil
XOM
$679B
| $878M | 0.14% |
15,718,400
-762,300
| -5% | -$40M |
|
113
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $870M | 0.14% |
6,685,900
+4,532,500
| +210% | +$603M |
|
114
PUT
CrowdStrike
CRWD
$195B
| $865M | 0.14% |
18,964,400
+3,050,800
| +19% | +$161M |
|
115
PUT
Wells Fargo
WFC
$254B
| $863M | 0.14% |
22,088,800
+3,814,500
| +21% | +$135M |
|
|
116
CALL
ExxonMobil
XOM
$679B
| $860M | 0.14% |
15,402,600
+3,374,300
| +28% | +$177M |
|
117
TSMC
TSM
$2.17T
| $842M | 0.13% |
7,122,718
+4,657,640
| +189% | +$577M |
|
118
PUT
Lam Research
LRCX
$393B
| $835M | 0.13% |
14,030,000
+453,000
| +3% | +$24.7M |
|
119
PUT
Mastercard
MA
$509B
| $832M | 0.13% |
2,336,800
-290,100
| -11% | -$101M |
|
|
120
NIO
NIO
$11.6B
| $832M | 0.13% |
21,339,018
+15,030,924
| +238% | +$766M |
|
121
CALL
Caterpillar
CAT
$381B
| $827M | 0.13% |
3,566,600
+217,400
| +6% | +$45M |
|
122
CALL
Moderna
MRNA
$57.9B
| $802M | 0.13% |
6,123,100
-538,000
| -8% | -$78M |
|
123
Microsoft
MSFT
$3.59T
| $795M | 0.13% |
3,373,710
+1,812,218
| +116% | +$420M |
|
124
PUT
FedEx
FDX
$76.9B
| $794M | 0.13% |
2,794,000
-201,600
| -7% | -$51.9M |
|
|
125
PUT
AT&T
T
$173B
| $790M | 0.12% |
34,533,760
+7,650,867
| +28% | +$169M |
|
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.