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
|
+$1.58B |
| 2 |
Netflix
NFLX
|
+$496M |
| 3 |
Meta Platforms (Facebook)
META
|
+$275M |
| 4 |
Alibaba
BABA
|
+$215M |
| 5 |
UnitedHealth
UNH
|
+$189M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$926M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$682M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$556M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$246M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$235M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 2.18% |
| 2 | Technology | 2.09% |
| 3 | Communication Services | 1.44% |
| 4 | Financials | 1.21% |
| 5 | Healthcare | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $171M | 0.06% |
1,825,000
-490,300
| -21% | -$44.7M |
|
277
PUT
Coca-Cola
KO
$392B
| $170M | 0.06% |
3,118,300
+1,001,300
| +47% | +$53.6M |
|
278
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $169M | 0.06% |
2,593
+991
| +62% | +$71.2M |
|
279
PUT
Newmont
NEM
$139B
| $169M | 0.06% |
4,445,200
+97,300
| +2% | +$3.78M |
|
280
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $168M | 0.06% |
607,100
+124,200
| +26% | +$36.8M |
|
281
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $168M | 0.06% |
3,186,300
+634,500
| +25% | +$33.1M |
|
282
PUT
Palo Alto Networks
PANW
$292B
| $167M | 0.06% |
4,924,200
+270,600
| +6% | +$9.58M |
|
283
CALL
DuPont de Nemours
DD
$18.7B
| $166M | 0.06% |
1,857,349
-674,458
| -27% | -$59.4M |
|
284
PUT
Applied Materials
AMAT
$391B
| $166M | 0.06% |
3,329,800
-3,906,900
| -54% | -$189M |
|
|
ATVI
285
PUT
DELISTED
Activision Blizzard
ATVI
| $166M | 0.06% |
3,135,000
+1,174,700
| +60% | +$58.6M |
|
286
FedEx
FDX
$76.9B
| $165M | 0.06% |
1,133,852
+488,428
| +76% | +$78.8M |
|
|
TIF
287
PUT
DELISTED
Tiffany & Co.
TIF
| $165M | 0.06% |
1,779,900
+513,100
| +41% | +$46.3M |
|
288
CALL
Abbott
ABT
$202B
| $165M | 0.06% |
1,966,200
+277,000
| +16% | +$23.5M |
|
289
CALL
Delta Air Lines
DAL
$54.2B
| $164M | 0.06% |
2,849,000
+761,700
| +36% | +$45.1M |
|
|
CELG
290
DELISTED
Celgene Corp
CELG
| $164M | 0.06% |
1,651,500
+437,246
| +36% | +$41.5M |
|
291
PUT
O'Reilly Automotive
ORLY
$72.1B
| $163M | 0.05% |
6,153,000
+3,918,000
| +175% | +$101M |
|
|
292
PUT
DuPont de Nemours
DD
$18.7B
| $163M | 0.05% |
1,825,562
-588,816
| -24% | -$51.8M |
|
293
PUT
Accenture
ACN
$113B
| $163M | 0.05% |
847,100
+599,200
| +242% | +$116M |
|
294
Bristol-Myers Squibb
BMY
$137B
| $163M | 0.05% |
3,208,186
-2,044,994
| -39% | -$96.1M |
|
295
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $163M | 0.05% |
1,818,025
+286,200
| +19% | +$26.9M |
|
296
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $163M | 0.05% |
1,803,300
+1,028,000
| +133% | +$93.9M |
|
297
CALL
GE Aerospace
GE
$361B
| $162M | 0.05% |
3,645,848
+61,394
| +2% | +$2.89M |
|
298
CALL
Texas Instruments
TXN
$241B
| $161M | 0.05% |
1,248,500
-221,600
| -15% | -$27.3M |
|
299
PUT
SLB Ltd
SLB
$79.9B
| $161M | 0.05% |
4,705,000
+1,082,400
| +30% | +$39.6M |
|
|
300
CALL
FedEx
FDX
$76.9B
| $160M | 0.05% |
1,102,500
-406,200
| -27% | -$65.5M |
|
Similar funds
Jeff Yass's Q3 2019 Portfolio in Review
As of Q3 2019, Jeff Yass held 11,380 positions worth $298B, up 8.4% from $275B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $26.9B of net new capital in Q3 2019, opening 1,223 new positions and adding to 4,885 existing holdings. Its largest new stake was iShares US Treasury Bond ETF: 2,524,484 shares worth $66.5M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 2.2% of assets, up from 1.8% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $926M trimmed.
- Jeff Yass's largest Q3 2019 buy was iShares US Treasury Bond ETF: 2,524,484 shares worth $66.5M.
- Jeff Yass added most to Amazon in Q3 2019, an estimated $1.58B increase.
- Jeff Yass's biggest Q3 2019 reduction was Alphabet (Google) Class A, cutting an estimated $926M.
- Jeff Yass fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $179M.
- Jeff Yass's ten largest holdings make up 24% of its $298B portfolio in Q3 2019.
- Jeff Yass opened 1,223 new positions and closed 1,294 in Q3 2019.
- Jeff Yass's portfolio value rose 8.4% quarter-over-quarter to $298B.
Based on Susquehanna International Group's 13F filing for Q3 2019, filed 14 Nov 2019.