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 | |
|---|---|---|---|---|---|---|
|
126
Zoom
ZM
$31.5B
| $820M | 0.11% |
3,135,685
+2,474,510
| +374% | +$834M |
|
127
PUT
ServiceNow
NOW
$133B
| $819M | 0.11% |
6,579,000
-22,000
| -0.3% | -$2.66M |
|
128
CALL
Intuitive Surgical
ISRG
$134B
| $818M | 0.11% |
2,469,000
+369,900
| +18% | +$124M |
|
|
DOCU
129
PUT
DocuSign
DOCU
$11.8B
| $817M | 0.11% |
3,173,100
+728,600
| +30% | +$210M |
|
130
PUT
Caterpillar
CAT
$381B
| $816M | 0.11% |
4,251,300
+1,204,900
| +40% | +$251M |
|
131
CALL
Upstart Holdings
UPST
$2.95B
| $811M | 0.11% |
2,562,700
+1,176,800
| +85% | +$232M |
|
132
PUT
Morgan Stanley
MS
$336B
| $804M | 0.11% |
8,258,600
+1,485,800
| +22% | +$147M |
|
133
PUT
Pfizer
PFE
$160B
| $798M | 0.11% |
18,563,900
+2,591,400
| +16% | +$115M |
|
134
CALL
General Motors
GM
$77.2B
| $797M | 0.11% |
15,125,300
+7,153,300
| +90% | +$380M |
|
135
PUT
CrowdStrike
CRWD
$195B
| $795M | 0.11% |
12,937,600
-284,800
| -2% | -$18.4M |
|
|
136
CALL
FedEx
FDX
$76.9B
| $793M | 0.11% |
3,616,600
+140,400
| +4% | +$38.1M |
|
137
CALL
Target
TGT
$75.1B
| $792M | 0.11% |
3,461,700
+1,264,900
| +58% | +$317M |
|
138
PUT
RH
RH
$2.9B
| $776M | 0.1% |
1,163,800
+141,700
| +14% | +$97.5M |
|
139
PUT
BioNTech
BNTX
$29.3B
| $775M | 0.1% |
2,837,700
+976,700
| +52% | +$310M |
|
140
PUT
Baidu
BIDU
$31.6B
| $773M | 0.1% |
5,027,100
+344,700
| +7% | +$56.6M |
|
|
141
Advanced Micro Devices
AMD
$773B
| $770M | 0.1% |
7,483,395
+5,718,547
| +324% | +$585M |
|
|
142
CALL
ServiceNow
NOW
$133B
| $766M | 0.1% |
6,154,500
-729,500
| -11% | -$88.3M |
|
143
CALL
Airbnb
ABNB
$110B
| $758M | 0.1% |
4,520,600
-324,600
| -7% | -$49.6M |
|
144
CALL
ExxonMobil
XOM
$679B
| $758M | 0.1% |
12,882,400
+1,845,300
| +17% | +$105M |
|
145
CALL
Comcast
CMCSA
$95.3B
| $755M | 0.1% |
13,496,200
+2,403,400
| +22% | +$140M |
|
|
PARA
146
DELISTED
Paramount Global Class B
PARA
| $747M | 0.1% |
18,899,930
-1,595,510
| -8% | -$65M |
|
147
PUT
Snowflake
SNOW
$115B
| $741M | 0.1% |
2,450,300
-491,300
| -17% | -$140M |
|
148
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $736M | 0.1% |
8,417,200
+6,679,600
| +384% | +$586M |
|
149
CALL
Broadcom
AVGO
$1.75T
| $736M | 0.1% |
15,036,000
+809,000
| +6% | +$39.3M |
|
|
150
PUT
General Motors
GM
$77.2B
| $712M | 0.1% |
13,510,700
+2,975,000
| +28% | +$158M |
|
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.