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 | |
|---|---|---|---|---|---|---|
276
iShares MSCI EAFE ETF
EFA
$80B
| $193M | 0.06% |
2,779,606
+609,493
| +28% | +$41.2M |
|
277
Altria Group
MO
$110B
| $193M | 0.06% |
3,864,795
+1,503,160
| +64% | +$70.9M |
|
278
CALL
United Rentals
URI
$68.4B
| $193M | 0.06% |
1,156,600
+19,800
| +2% | +$2.88M |
|
279
CALL
Texas Instruments
TXN
$241B
| $192M | 0.06% |
1,498,200
+249,700
| +20% | +$30.8M |
|
280
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $192M | 0.06% |
4,182,600
+1,902,200
| +83% | +$81.4M |
|
281
PUT
Wynn Resorts
WYNN
$10.3B
| $191M | 0.06% |
1,375,300
-340,600
| -20% | -$41.4M |
|
282
CALL
Expedia Group
EXPE
$38.6B
| $191M | 0.06% |
1,765,500
+1,143,000
| +184% | +$134M |
|
283
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$665M
| $190M | 0.05% |
228,110
+7,040
| +3% | +$4.47M |
|
284
Ford
F
$57.5B
| $190M | 0.05% |
20,411,960
+6,355,946
| +45% | +$57.1M |
|
285
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $189M | 0.05% |
195,569
-109,434
| -36% | -$132M |
|
286
PUT
Applied Materials
AMAT
$391B
| $189M | 0.05% |
3,097,000
-232,800
| -7% | -$13.1M |
|
287
RTX Corp
RTX
$283B
| $189M | 0.05% |
2,003,902
+1,038,831
| +108% | +$94.2M |
|
288
CALL
Constellation Brands
STZ
$23.2B
| $189M | 0.05% |
993,700
-72,200
| -7% | -$13.6M |
|
289
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $187M | 0.05% |
1,833,400
+837,600
| +84% | +$80.5M |
|
290
Intel
INTC
$476B
| $186M | 0.05% |
3,100,047
+2,286,987
| +281% | +$128M |
|
291
CALL
Twilio
TWLO
$34.6B
| $185M | 0.05% |
1,879,500
-285,700
| -13% | -$29.2M |
|
292
CALL
iShares Silver Trust
SLV
$33.8B
| $185M | 0.05% |
11,062,700
+998,300
| +10% | +$16.2M |
|
293
CALL
Cummins
CMI
$80.9B
| $184M | 0.05% |
1,025,700
+490,200
| +92% | +$86.3M |
|
294
iShares Russell 2000 ETF
IWM
$81.9B
| $182M | 0.05% |
1,099,238
-543,572
| -33% | -$85.9M |
|
295
CALL
Medtronic
MDT
$119B
| $182M | 0.05% |
1,604,100
-617,000
| -28% | -$67.7M |
|
296
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $182M | 0.05% |
1,508,000
+861,300
| +133% | +$96.1M |
|
|
297
PUT
United Rentals
URI
$68.4B
| $182M | 0.05% |
1,088,600
-197,900
| -15% | -$28.7M |
|
|
298
CALL
Wynn Resorts
WYNN
$10.3B
| $181M | 0.05% |
1,305,500
+206,200
| +19% | +$25.1M |
|
299
PUT
NXP Semiconductors
NXPI
$56.9B
| $181M | 0.05% |
1,422,000
+88,400
| +7% | +$10.3M |
|
300
CALL
Delta Air Lines
DAL
$54.2B
| $181M | 0.05% |
3,093,100
+244,100
| +9% | +$13.7M |
|
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.