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 | |
|---|---|---|---|---|---|---|
101
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.02B | 0.14% |
7,085,000
-2,430,800
| -26% | -$339M |
|
|
102
PUT
Airbnb
ABNB
$110B
| $1.01B | 0.14% |
6,594,300
+3,300,200
| +100% | +$518M |
|
103
PUT
Bank of America
BAC
$431B
| $988M | 0.14% |
23,952,800
+248,600
| +1% | +$10.2M |
|
104
PUT
Baidu
BIDU
$31.6B
| $972M | 0.14% |
4,682,400
-1,247,400
| -21% | -$250M |
|
105
CALL
AMC Entertainment Holdings
AMC
$2.28B
| $972M | 0.14% |
1,715,470
+620,470
| +57% | +$164M |
|
106
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $970M | 0.14% |
17,479,700
-7,066,400
| -29% | -$384M |
|
107
CALL
Sea Limited
SE
$72B
| $951M | 0.13% |
3,310,200
-25,100
| -0.8% | -$6.37M |
|
|
108
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $941M | 0.13% |
6,518,500
-3,616,400
| -36% | -$505M |
|
109
CALL
Snap
SNAP
$8.86B
| $939M | 0.13% |
13,781,700
-8,581,200
| -38% | -$515M |
|
|
DOCU
110
CALL
DocuSign
DOCU
$11.8B
| $938M | 0.13% |
3,354,800
+781,000
| +30% | +$175M |
|
|
111
CALL
Bank of America
BAC
$431B
| $932M | 0.13% |
22,597,000
-8,011,500
| -26% | -$328M |
|
112
PUT
Costco
COST
$420B
| $927M | 0.13% |
2,324,200
-1,356,000
| -37% | -$513M |
|
|
PARA
113
DELISTED
Paramount Global Class B
PARA
| $926M | 0.13% |
20,495,440
+4,434,067
| +28% | +$183M |
|
114
CALL
Nike
NKE
$60.5B
| $921M | 0.13% |
5,903,500
+2,428,700
| +70% | +$327M |
|
115
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $920M | 0.13% |
25,073,400
+11,083,400
| +79% | +$405M |
|
116
PUT
GameStop
GME
$8.17B
| $912M | 0.13% |
17,043,200
-7,561,200
| -31% | -$367M |
|
117
PUT
Broadcom
AVGO
$1.75T
| $911M | 0.13% |
19,097,000
+164,000
| +0.9% | +$7.6M |
|
118
PUT
Mastercard
MA
$509B
| $911M | 0.13% |
2,494,500
+157,700
| +7% | +$58.6M |
|
|
119
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $908M | 0.13% |
24,760,700
+3,368,300
| +16% | +$123M |
|
120
PUT
Walmart Inc
WMT
$825B
| $905M | 0.13% |
19,255,500
-4,035,000
| -17% | -$188M |
|
121
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $899M | 0.13% |
2,283,400
+2,000,200
| +706% | +$768M |
|
122
PUT
ProShares UltraPro QQQ
TQQQ
$35.7B
| $894M | 0.13% |
29,180,800
+343,600
| +1% | +$9.06M |
|
123
CALL
Procter & Gamble
PG
$336B
| $871M | 0.12% |
6,455,800
+2,586,600
| +67% | +$350M |
|
|
124
PUT
Snap
SNAP
$8.86B
| $866M | 0.12% |
12,708,200
-1,513,800
| -11% | -$90.9M |
|
125
CALL
Uber
UBER
$161B
| $864M | 0.12% |
17,242,800
-113,900
| -0.7% | -$5.95M |
|
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.