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 | |
|---|---|---|---|---|---|---|
151
CALL
Verizon
VZ
$205B
| $711M | 0.1% |
13,166,100
+4,510,000
| +52% | +$249M |
|
152
CALL
Lowe's Companies
LOW
$121B
| $702M | 0.09% |
3,460,600
+234,400
| +7% | +$46.7M |
|
|
153
Walt Disney
DIS
$186B
| $701M | 0.09% |
4,142,191
-12,156,878
| -75% | -$2.17B |
|
154
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $699M | 0.09% |
7,230,300
-155,500
| -2% | -$13.2M |
|
155
TSMC
TSM
$2.17T
| $693M | 0.09% |
6,207,755
-87,200
| -1% | -$10.2M |
|
156
CALL
Chevron
CVX
$403B
| $693M | 0.09% |
6,828,500
+1,268,100
| +23% | +$126M |
|
157
CALL
Palo Alto Networks
PANW
$292B
| $693M | 0.09% |
8,674,800
+2,095,200
| +32% | +$147M |
|
158
CALL
Baidu
BIDU
$31.6B
| $685M | 0.09% |
4,452,500
-568,700
| -11% | -$93.4M |
|
159
CALL
ARK Innovation ETF
ARKK
$6.72B
| $677M | 0.09% |
6,126,200
+2,074,300
| +51% | +$250M |
|
160
PUT
SPDR Gold Trust
GLD
$152B
| $677M | 0.09% |
4,120,600
-622,600
| -13% | -$104M |
|
161
CALL
Micron Technology
MU
$1.09T
| $675M | 0.09% |
9,507,600
+309,000
| +3% | +$23.2M |
|
162
CALL
NIO
NIO
$11.6B
| $671M | 0.09% |
18,841,900
-5,919,500
| -24% | -$243M |
|
163
PUT
AT&T
T
$173B
| $671M | 0.09% |
32,884,320
+2,798,538
| +9% | +$58.8M |
|
164
CALL
CrowdStrike
CRWD
$195B
| $669M | 0.09% |
10,892,400
-600,400
| -5% | -$38.7M |
|
|
DOCU
165
CALL
DocuSign
DOCU
$11.8B
| $669M | 0.09% |
2,598,000
-756,800
| -23% | -$218M |
|
166
CALL
AMC Entertainment Holdings
AMC
$2.28B
| $661M | 0.09% |
1,736,070
+20,600
| +1% | +$8.31M |
|
167
CALL
IBM
IBM
$222B
| $660M | 0.09% |
4,956,680
+1,661,048
| +50% | +$222M |
|
|
168
FedEx
FDX
$76.9B
| $655M | 0.09% |
2,986,942
+2,454,619
| +461% | +$666M |
|
169
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $654M | 0.09% |
5,204,000
+906,400
| +21% | +$117M |
|
170
PUT
Zscaler
ZS
$29.4B
| $649M | 0.09% |
2,476,900
-108,600
| -4% | -$27.3M |
|
171
CALL
Caterpillar
CAT
$381B
| $645M | 0.09% |
3,359,200
+747,700
| +29% | +$156M |
|
|
172
PUT
Verizon
VZ
$205B
| $640M | 0.09% |
11,856,100
+5,307,300
| +81% | +$294M |
|
173
PUT
UnitedHealth
UNH
$350B
| $637M | 0.09% |
1,629,200
-168,600
| -9% | -$69.8M |
|
|
174
NVIDIA
NVDA
$5.2T
| $636M | 0.09% |
30,721,240
-56,658,960
| -65% | -$1.18B |
|
|
175
PUT
Lowe's Companies
LOW
$121B
| $634M | 0.09% |
3,126,300
+416,700
| +15% | +$83M |
|
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.