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 |
Boeing
BA
|
+$1.33B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$781M |
| 3 |
Tesla
TSLA
|
+$468M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$467M |
| 5 |
Home Depot
HD
|
+$344M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.36B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$860M |
| 3 |
Bank of America
BAC
|
+$413M |
| 4 |
Advanced Micro Devices
AMD
|
+$283M |
| 5 |
Salesforce
CRM
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.2% |
| 2 | Consumer Discretionary | 1.94% |
| 3 | Communication Services | 1.89% |
| 4 | Healthcare | 1.12% |
| 5 | Financials | 1.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XYZ
251
Block Inc
XYZ
$49.4B
| $217M | 0.06% |
3,474,856
-1,267,882
| -27% | -$81M |
|
|
RTN
252
PUT
DELISTED
Raytheon Company
RTN
| $216M | 0.06% |
980,800
+10,600
| +1% | +$2.24M |
|
|
TWTR
253
PUT
DELISTED
Twitter, Inc.
TWTR
| $215M | 0.06% |
6,717,800
+3,400,700
| +103% | +$112M |
|
254
PUT
Twilio
TWLO
$34.6B
| $213M | 0.06% |
2,166,100
-414,200
| -16% | -$42.3M |
|
255
CALL
Illumina
ILMN
$33.1B
| $211M | 0.06% |
654,322
+169,209
| +35% | +$51.3M |
|
256
CALL
Accenture
ACN
$113B
| $211M | 0.06% |
1,001,500
+16,100
| +2% | +$3.14M |
|
257
PUT
Franco-Nevada
FNV
$51.3B
| $210M | 0.06% |
2,037,300
+1,859,400
| +1,045% | +$180M |
|
|
258
Bank of America
BAC
$431B
| $209M | 0.06% |
5,937,518
-12,792,736
| -68% | -$413M |
|
259
PUT
United Airlines
UAL
$36.7B
| $208M | 0.06% |
2,362,700
+189,300
| +9% | +$17M |
|
260
PUT
Ford
F
$57.5B
| $207M | 0.06% |
22,262,400
+3,298,700
| +17% | +$29.7M |
|
|
MDCO
261
CALL
DELISTED
Medicines Co
MDCO
| $205M | 0.06% |
2,411,100
-161,500
| -6% | -$10.8M |
|
262
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $205M | 0.06% |
211,402
+46,685
| +28% | +$56.5M |
|
263
PUT
Union Pacific
UNP
$183B
| $204M | 0.06% |
1,130,000
+381,200
| +51% | +$65.3M |
|
264
PUT
Altria Group
MO
$110B
| $203M | 0.06% |
4,060,200
-216,900
| -5% | -$10.2M |
|
265
Lowe's Companies
LOW
$121B
| $202M | 0.06% |
1,688,493
+424,564
| +34% | +$48.5M |
|
|
CGC
266
PUT
Canopy Growth
CGC
$472M
| $199M | 0.06% |
943,110
+545,330
| +137% | +$108M |
|
267
CALL
Workday
WDAY
$49.4B
| $198M | 0.06% |
1,206,000
-397,100
| -25% | -$65.9M |
|
268
PUT
Coca-Cola
KO
$392B
| $197M | 0.06% |
3,556,800
+438,500
| +14% | +$23.6M |
|
|
269
Advanced Micro Devices
AMD
$773B
| $195M | 0.06% |
4,255,958
-7,681,758
| -64% | -$283M |
|
270
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $195M | 0.06% |
3,346,000
+159,700
| +5% | +$8.85M |
|
271
FedEx
FDX
$76.9B
| $195M | 0.06% |
1,287,983
+154,131
| +14% | +$23.8M |
|
|
272
CALL
FedEx
FDX
$76.9B
| $195M | 0.06% |
1,287,300
+184,800
| +17% | +$28.5M |
|
273
PUT
RTX Corp
RTX
$283B
| $195M | 0.06% |
2,064,747
+508,163
| +33% | +$46.1M |
|
274
CALL
Caterpillar
CAT
$381B
| $194M | 0.06% |
1,314,400
-248,800
| -16% | -$34.7M |
|
|
275
PUT
Illumina
ILMN
$33.1B
| $194M | 0.06% |
600,969
+125,622
| +26% | +$38.1M |
|
Similar funds
Jeff Yass's Q4 2019 Portfolio in Review
As of Q4 2019, Jeff Yass held 11,328 positions worth $347B, up 16% from $298B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass deployed $12.7B of net new capital in Q4 2019, opening 1,232 new positions and adding to 3,827 existing holdings. Its largest new stake was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Amazon, an estimated $1.36B trimmed.
- Jeff Yass's largest Q4 2019 buy was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
- Jeff Yass added most to Boeing in Q4 2019, an estimated $1.33B increase.
- Jeff Yass's biggest Q4 2019 reduction was Amazon, cutting an estimated $1.36B.
- Jeff Yass fully exited Celgene Corp in Q4 2019, selling an estimated $164M.
- Jeff Yass's ten largest holdings make up 26% of its $347B portfolio in Q4 2019.
- Jeff Yass opened 1,232 new positions and closed 1,709 in Q4 2019.
- Jeff Yass's portfolio value rose 16% quarter-over-quarter to $347B.
Based on Susquehanna International Group's 13F filing for Q4 2019, filed 14 Feb 2020.