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 | |
|---|---|---|---|---|---|---|
301
CALL
Sempra
SRE
$54.2B
| $160M | 0.05% |
2,174,000
+1,716,400
| +375% | +$120M |
|
302
PUT
United Rentals
URI
$68.4B
| $160M | 0.05% |
1,286,500
+164,200
| +15% | +$19.9M |
|
303
CALL
iShares Silver Trust
SLV
$33.8B
| $160M | 0.05% |
10,064,400
+7,410,700
| +279% | +$118M |
|
304
PUT
Honeywell
HON
$68.4B
| $160M | 0.05% |
1,001,902
+330,607
| +49% | +$52.6M |
|
305
CALL
lululemon athletica
LULU
$13.7B
| $160M | 0.05% |
828,700
+161,200
| +24% | +$30.1M |
|
306
CALL
Northrop Grumman
NOC
$78.3B
| $159M | 0.05% |
424,500
+239,800
| +130% | +$84.9M |
|
|
EA
307
PUT
DELISTED
Electronic Arts
EA
| $158M | 0.05% |
1,618,300
-153,200
| -9% | -$14.4M |
|
308
CALL
Cigna
CI
$73.3B
| $158M | 0.05% |
1,038,100
+64,700
| +7% | +$10.5M |
|
309
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $156M | 0.05% |
2,585,800
+44,400
| +2% | +$2.68M |
|
310
CALL
Valero Energy
VLO
$100B
| $155M | 0.05% |
1,823,400
+203,900
| +13% | +$16.5M |
|
|
TWTR
311
CALL
DELISTED
Twitter, Inc.
TWTR
| $155M | 0.05% |
3,756,800
+1,124,400
| +43% | +$45.9M |
|
|
312
iShares Silver Trust
SLV
$33.8B
| $155M | 0.05% |
9,718,519
+3,997,094
| +70% | +$63.6M |
|
313
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $154M | 0.05% |
4,252,200
+659,300
| +18% | +$25.6M |
|
314
Public Storage
PSA
$60.2B
| $152M | 0.05% |
618,249
+108,076
| +21% | +$27.1M |
|
315
PUT
Western Digital
WDC
$166B
| $152M | 0.05% |
3,360,949
-697,486
| -17% | -$29.8M |
|
316
CALL
Dell
DELL
$286B
| $151M | 0.05% |
5,736,103
+3,489,053
| +155% | +$92.5M |
|
317
CALL
Universal Display
OLED
$3.95B
| $150M | 0.05% |
891,600
+201,100
| +29% | +$40.2M |
|
318
CALL
RH
RH
$2.9B
| $149M | 0.05% |
874,200
+287,300
| +49% | +$40.9M |
|
319
CALL
Applied Materials
AMAT
$391B
| $149M | 0.05% |
2,980,800
-3,007,300
| -50% | -$145M |
|
320
PUT
Verizon
VZ
$205B
| $149M | 0.05% |
2,443,100
-1,486,900
| -38% | -$85.6M |
|
321
Baidu
BIDU
$31.6B
| $148M | 0.05% |
1,439,685
-812,004
| -36% | -$87.2M |
|
|
322
PUT
Universal Display
OLED
$3.95B
| $148M | 0.05% |
879,400
+310,700
| +55% | +$62.2M |
|
323
PUT
Lowe's Companies
LOW
$121B
| $147M | 0.05% |
1,337,600
-294,900
| -18% | -$31.1M |
|
324
CALL
US Bancorp
USB
$96.7B
| $147M | 0.05% |
2,652,600
+427,500
| +19% | +$23.1M |
|
325
PUT
Bausch Health
BHC
$2.41B
| $147M | 0.05% |
6,707,000
+852,400
| +15% | +$19.5M |
|
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.