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 | |
|---|---|---|---|---|---|---|
176
PUT
Uber
UBER
$161B
| $632M | 0.08% |
14,107,700
+2,450,200
| +21% | +$107M |
|
177
CALL
UnitedHealth
UNH
$350B
| $624M | 0.08% |
1,598,100
+223,000
| +16% | +$92.4M |
|
178
AT&T
T
$173B
| $621M | 0.08% |
30,458,372
+3,411,987
| +13% | +$71.7M |
|
179
PUT
Target
TGT
$75.1B
| $621M | 0.08% |
2,713,700
+1,089,200
| +67% | +$273M |
|
180
PUT
Upstart Holdings
UPST
$2.95B
| $617M | 0.08% |
1,950,800
+575,100
| +42% | +$113M |
|
181
Shopify
SHOP
$192B
| $617M | 0.08% |
4,547,590
+49,460
| +1% | +$7.41M |
|
182
PUT
Twilio
TWLO
$34.6B
| $613M | 0.08% |
1,922,300
-31,100
| -2% | -$11.3M |
|
183
PUT
Airbnb
ABNB
$110B
| $609M | 0.08% |
3,631,500
-2,962,800
| -45% | -$453M |
|
184
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $609M | 0.08% |
8,989,500
+3,105,500
| +53% | +$200M |
|
185
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $608M | 0.08% |
20,620,000
+4,776,600
| +30% | +$156M |
|
186
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $607M | 0.08% |
4,737,200
-424,800
| -8% | -$56M |
|
187
PUT
lululemon athletica
LULU
$13.7B
| $605M | 0.08% |
1,495,200
+336,400
| +29% | +$135M |
|
188
PUT
Peloton Interactive
PTON
$2.37B
| $605M | 0.08% |
6,950,500
+1,557,200
| +29% | +$172M |
|
189
PUT
Chevron
CVX
$403B
| $603M | 0.08% |
5,942,400
+1,098,600
| +23% | +$110M |
|
190
CALL
Trade Desk
TTD
$6.19B
| $600M | 0.08% |
8,536,100
-2,372,100
| -22% | -$183M |
|
191
CALL
Johnson & Johnson
JNJ
$651B
| $596M | 0.08% |
3,687,500
-993,400
| -21% | -$169M |
|
192
PUT
Starbucks
SBUX
$122B
| $593M | 0.08% |
5,290,600
+342,300
| +7% | +$40.1M |
|
193
CALL
Lockheed Martin
LMT
$130B
| $590M | 0.08% |
1,709,100
+122,800
| +8% | +$44.4M |
|
194
PUT
Palo Alto Networks
PANW
$292B
| $588M | 0.08% |
7,359,600
+2,949,000
| +67% | +$207M |
|
195
PUT
Wayfair
W
$13.9B
| $586M | 0.08% |
2,293,600
+147,900
| +7% | +$41.7M |
|
|
196
CALL
AT&T
T
$173B
| $585M | 0.08% |
28,693,066
-573,822
| -2% | -$12.1M |
|
197
CALL
CVS Health
CVS
$119B
| $582M | 0.08% |
6,854,500
+305,700
| +5% | +$25.6M |
|
198
CALL
Atlassian
TEAM
$43.5B
| $581M | 0.08% |
1,485,600
+268,900
| +22% | +$89.8M |
|
199
PUT
Wynn Resorts
WYNN
$10.3B
| $577M | 0.08% |
6,803,700
+4,103,500
| +152% | +$405M |
|
200
CALL
Lam Research
LRCX
$393B
| $571M | 0.08% |
10,034,000
-506,000
| -5% | -$30.8M |
|
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.