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 | |
|---|---|---|---|---|---|---|
101
PUT
Roku
ROKU
$23.4B
| $1.04B | 0.14% |
3,333,300
+281,100
| +9% | +$106M |
|
102
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.04B | 0.14% |
3,816,100
+67,600
| +2% | +$19M |
|
103
CALL
Nike
NKE
$60.5B
| $1.03B | 0.14% |
7,122,000
+1,218,500
| +21% | +$199M |
|
104
PUT
Micron Technology
MU
$1.09T
| $1.03B | 0.14% |
14,449,200
+122,800
| +0.9% | +$9.22M |
|
105
PUT
Intuitive Surgical
ISRG
$134B
| $1.02B | 0.14% |
3,084,300
+1,197,000
| +63% | +$402M |
|
106
CALL
Snap
SNAP
$8.86B
| $1.02B | 0.14% |
13,770,300
-11,400
| -0.1% | -$824K |
|
107
PUT
Sea Limited
SE
$72B
| $1.01B | 0.14% |
3,176,400
-504,300
| -14% | -$155M |
|
108
PUT
TSMC
TSM
$2.17T
| $979M | 0.13% |
8,764,800
-1,062,500
| -11% | -$125M |
|
109
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $978M | 0.13% |
26,055,300
+1,294,600
| +5% | +$48.4M |
|
110
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $975M | 0.13% |
30,356,600
+21,303,500
| +235% | +$779M |
|
111
Alphabet (Google) Class A
GOOGL
$4.22T
| $964M | 0.13% |
7,213,280
-3,189,060
| -31% | -$434M |
|
|
112
PUT
Nike
NKE
$60.5B
| $948M | 0.13% |
6,530,400
+1,119,400
| +21% | +$183M |
|
113
PUT
Lam Research
LRCX
$393B
| $947M | 0.13% |
16,642,000
+4,352,000
| +35% | +$265M |
|
114
PUT
ProShares UltraPro QQQ
TQQQ
$35.7B
| $944M | 0.13% |
30,306,000
+1,125,200
| +4% | +$38.4M |
|
115
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $943M | 0.13% |
12,082,000
+2,268,400
| +23% | +$181M |
|
|
116
PUT
Snap
SNAP
$8.86B
| $934M | 0.13% |
12,637,200
-71,000
| -0.6% | -$5.13M |
|
117
PUT
Walmart Inc
WMT
$825B
| $933M | 0.13% |
20,072,100
+816,600
| +4% | +$39.3M |
|
118
PUT
NIO
NIO
$11.6B
| $920M | 0.12% |
25,813,100
+3,292,200
| +15% | +$135M |
|
119
CALL
Qualcomm
QCOM
$169B
| $869M | 0.12% |
6,723,300
-1,108,400
| -14% | -$157M |
|
120
PUT
ARK Innovation ETF
ARKK
$6.72B
| $868M | 0.12% |
7,850,600
+3,251,100
| +71% | +$391M |
|
121
PUT
Home Depot
HD
$335B
| $863M | 0.12% |
2,630,300
-692,500
| -21% | -$227M |
|
122
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $857M | 0.11% |
11,472,400
+4,053,000
| +55% | +$313M |
|
123
Visa
V
$693B
| $842M | 0.11% |
3,781,452
+825,082
| +28% | +$193M |
|
124
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $831M | 0.11% |
16,490,600
-989,100
| -6% | -$51.5M |
|
125
PUT
ASML
ASML
$677B
| $823M | 0.11% |
1,104,500
+547,900
| +98% | +$431M |
|
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.