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 |
Amazon
AMZN
|
+$1.6B |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$791M |
| 3 |
NIO
NIO
|
+$766M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$680M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$615M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.5B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$863M |
| 3 |
Alibaba
BABA
|
+$628M |
| 4 |
United States Oil Fund
USO
|
+$494M |
| 5 |
ExxonMobil
XOM
|
+$444M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.12% |
| 2 | Consumer Discretionary | 1.75% |
| 3 | Communication Services | 1.11% |
| 4 | Financials | 0.88% |
| 5 | Healthcare | 0.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
iShares Silver Trust
SLV
$33.8B
| $498M | 0.08% |
21,955,900
-5,969,100
| -21% | -$145M |
|
202
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $497M | 0.08% |
3,820,700
+1,623,600
| +74% | +$216M |
|
203
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $493M | 0.08% |
7,423,800
-1,436,600
| -16% | -$94.8M |
|
204
CALL
IBM
IBM
$222B
| $492M | 0.08% |
3,821,770
+219,764
| +6% | +$26.3M |
|
205
CALL
Enphase Energy
ENPH
$5.1B
| $491M | 0.08% |
3,026,300
-27,500
| -0.9% | -$4.94M |
|
206
PUT
Peloton Interactive
PTON
$2.37B
| $489M | 0.08% |
4,348,600
-82,600
| -2% | -$11M |
|
207
CALL
ProShares UltraPro QQQ
TQQQ
$35.8B
| $484M | 0.08% |
21,209,200
-1,339,600
| -6% | -$31.6M |
|
208
PUT
Vale
VALE
$62.1B
| $481M | 0.08% |
27,662,700
+7,458,700
| +37% | +$130M |
|
209
PUT
Starbucks
SBUX
$122B
| $481M | 0.08% |
4,358,600
+92,400
| +2% | +$9.7M |
|
210
PUT
Cisco
CSCO
$438B
| $480M | 0.08% |
9,283,800
+396,600
| +4% | +$18.6M |
|
211
PUT
General Motors
GM
$77.2B
| $479M | 0.08% |
8,344,400
-70,700
| -0.8% | -$3.75M |
|
212
PUT
Simon Property Group
SPG
$70.6B
| $478M | 0.08% |
4,204,600
-972,200
| -19% | -$101M |
|
213
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $476M | 0.08% |
13,990,000
+5,510,500
| +65% | +$177M |
|
|
214
CALL
United States Oil Fund
USO
$2.1B
| $476M | 0.08% |
11,745,900
+4,852,500
| +70% | +$190M |
|
215
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $475M | 0.08% |
1,004,800
+303,600
| +43% | +$148M |
|
216
CALL
iShares MSCI Brazil ETF
EWZ
$8.04B
| $474M | 0.07% |
14,167,900
+6,237,000
| +79% | +$216M |
|
217
CALL
Intuitive Surgical
ISRG
$134B
| $473M | 0.07% |
1,919,400
-237,900
| -11% | -$59.9M |
|
218
CALL
CVS Health
CVS
$119B
| $470M | 0.07% |
6,253,800
-2,129,000
| -25% | -$155M |
|
219
CALL
Morgan Stanley
MS
$336B
| $466M | 0.07% |
5,999,200
-2,671,200
| -31% | -$205M |
|
|
220
PUT
Intuitive Surgical
ISRG
$134B
| $464M | 0.07% |
1,881,900
+115,200
| +7% | +$29M |
|
221
PUT
Bilibili
BILI
$7.14B
| $462M | 0.07% |
4,317,200
+2,358,500
| +120% | +$288M |
|
222
CALL
Nike
NKE
$60.5B
| $462M | 0.07% |
3,474,800
+137,800
| +4% | +$19.2M |
|
223
PUT
Zscaler
ZS
$29.4B
| $460M | 0.07% |
2,678,200
-59,600
| -2% | -$11.8M |
|
224
PUT
VanEck Gold Miners ETF
GDX
$32B
| $457M | 0.07% |
14,063,700
-9,496,100
| -40% | -$324M |
|
225
Snowflake
SNOW
$115B
| $456M | 0.07% |
1,988,259
+1,445,557
| +266% | +$386M |
|
Similar funds
Jeff Yass's Q1 2021 Portfolio in Review
As of Q1 2021, Jeff Yass held 13,312 positions worth $634B, up 3.5% from $612B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jeff Yass's Q1 2021 filing shows 2,365 new, 5,233 increased, 4,447 reduced and 1,143 closed positions. Its largest new stake was iShares 20+ Year Treasury Bond ETF: 480,790 shares worth $65.1M. The largest sale was Apple, an estimated $2.5B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q1 2021 buy was iShares 20+ Year Treasury Bond ETF: 480,790 shares worth $65.1M.
- Jeff Yass added most to Amazon in Q1 2021, an estimated $1.6B increase.
- Jeff Yass's biggest Q1 2021 reduction was Apple, cutting an estimated $2.5B.
- Jeff Yass fully exited Sina Corp in Q1 2021, selling an estimated $170M.
- Jeff Yass's ten largest holdings make up 28% of its $634B portfolio in Q1 2021.
- Jeff Yass opened 2,365 new positions and closed 1,143 in Q1 2021.
- Jeff Yass's portfolio value rose 3.5% quarter-over-quarter to $634B.
Based on Susquehanna International Group's 13F filing for Q1 2021, filed 17 May 2021.