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 | |
|---|---|---|---|---|---|---|
201
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $571M | 0.08% |
942,900
-159,900
| -14% | -$99.3M |
|
202
CALL
Morgan Stanley
MS
$336B
| $570M | 0.08% |
5,855,500
-1,236,300
| -17% | -$122M |
|
203
CALL
Cisco
CSCO
$438B
| $568M | 0.08% |
10,444,500
+876,500
| +9% | +$49.2M |
|
204
CALL
United States Oil Fund
USO
$2.24B
| $568M | 0.08% |
10,802,100
-1,475,100
| -12% | -$72.2M |
|
205
CALL
iShares Silver Trust
SLV
$33.8B
| $565M | 0.08% |
27,544,100
-1,921,600
| -7% | -$43.2M |
|
206
CALL
Charter Communications
CHTR
$17.9B
| $561M | 0.08% |
771,500
+55,200
| +8% | +$41.9M |
|
207
PUT
Blackrock
BLK
$179B
| $559M | 0.08% |
666,300
-22,200
| -3% | -$19.9M |
|
208
CALL
Affirm
AFRM
$25.8B
| $559M | 0.07% |
4,688,700
+3,781,900
| +417% | +$302M |
|
209
PUT
Trade Desk
TTD
$6.19B
| $558M | 0.07% |
7,931,300
-2,653,900
| -25% | -$205M |
|
210
PUT
Freeport-McMoran
FCX
$110B
| $557M | 0.07% |
17,123,400
-1,298,200
| -7% | -$45.7M |
|
211
CALL
McDonald's
MCD
$192B
| $556M | 0.07% |
2,307,400
+386,200
| +20% | +$92.2M |
|
212
CALL
Ford
F
$57.5B
| $555M | 0.07% |
39,200,900
+15,264,500
| +64% | +$208M |
|
213
CALL
JD.com
JD
$39.7B
| $550M | 0.07% |
7,618,100
-674,200
| -8% | -$49.7M |
|
214
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $548M | 0.07% |
21,903,100
+1,238,100
| +6% | +$28.8M |
|
215
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $548M | 0.07% |
3,794,660
+767,943
| +25% | +$114M |
|
216
CALL
ASML
ASML
$677B
| $545M | 0.07% |
731,100
+351,200
| +92% | +$276M |
|
|
TWTR
217
CALL
DELISTED
Twitter, Inc.
TWTR
| $545M | 0.07% |
9,019,800
-1,871,200
| -17% | -$123M |
|
218
PUT
GameStop
GME
$8.17B
| $542M | 0.07% |
12,317,600
-4,725,600
| -28% | -$216M |
|
|
PARA
219
PUT
DELISTED
Paramount Global Class B
PARA
| $533M | 0.07% |
13,490,200
-428,700
| -3% | -$17.5M |
|
220
Alphabet (Google) Class C
GOOG
$4.18T
| $531M | 0.07% |
3,981,660
+2,640,220
| +197% | +$364M |
|
|
221
CALL
GameStop
GME
$8.17B
| $530M | 0.07% |
12,051,200
-1,962,400
| -14% | -$89.7M |
|
222
PUT
Palantir
PLTR
$432B
| $530M | 0.07% |
22,039,400
+1,659,600
| +8% | +$40.5M |
|
223
CALL
Workday
WDAY
$49.4B
| $530M | 0.07% |
2,119,800
+979,900
| +86% | +$243M |
|
224
PUT
Coinbase
COIN
$49.2B
| $522M | 0.07% |
2,292,700
+581,700
| +34% | +$143M |
|
225
PUT
ExxonMobil
XOM
$679B
| $521M | 0.07% |
8,856,700
+114,000
| +1% | +$6.5M |
|
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.