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 | |
|---|---|---|---|---|---|---|
301
PUT
Freeport-McMoran
FCX
$110B
| $181M | 0.05% |
13,765,800
-464,700
| -3% | -$5.1M |
|
302
CALL
3M
MMM
$92.3B
| $180M | 0.05% |
1,219,083
-336,554
| -22% | -$47.1M |
|
303
CALL
Ulta Beauty
ULTA
$22.4B
| $179M | 0.05% |
707,600
-125,300
| -15% | -$30.6M |
|
304
CALL
Blackstone
BX
$108B
| $178M | 0.05% |
3,189,800
-1,318,200
| -29% | -$68.4M |
|
305
CALL
RH
RH
$2.9B
| $178M | 0.05% |
832,100
-42,100
| -5% | -$8.21M |
|
306
CALL
DuPont de Nemours
DD
$18.7B
| $177M | 0.05% |
2,198,481
+341,132
| +18% | +$28.3M |
|
307
CALL
Altria Group
MO
$110B
| $177M | 0.05% |
3,545,800
+620,500
| +21% | +$29.3M |
|
308
CALL
Sarepta Therapeutics
SRPT
$1.98B
| $177M | 0.05% |
1,368,400
+332,400
| +32% | +$33.5M |
|
309
CALL
Philip Morris
PM
$293B
| $176M | 0.05% |
2,070,700
-456,400
| -18% | -$37.6M |
|
310
CALL
Universal Display
OLED
$3.95B
| $176M | 0.05% |
853,700
-37,900
| -4% | -$7.16M |
|
311
AbbVie
ABBV
$468B
| $176M | 0.05% |
1,983,100
+215,476
| +12% | +$17.9M |
|
312
Qualcomm
QCOM
$169B
| $175M | 0.05% |
1,983,130
+1,839,636
| +1,282% | +$154M |
|
313
PUT
Snap
SNAP
$8.86B
| $175M | 0.05% |
10,706,100
+3,284,000
| +44% | +$48.3M |
|
314
PUT
Elevance Health
ELV
$86.9B
| $174M | 0.05% |
576,000
-190,200
| -25% | -$52.3M |
|
315
PUT
Constellation Brands
STZ
$23.2B
| $173M | 0.05% |
913,500
-195,100
| -18% | -$36.8M |
|
316
PUT
Medtronic
MDT
$119B
| $172M | 0.05% |
1,519,100
+537,800
| +55% | +$59M |
|
317
PayPal
PYPL
$52.7B
| $172M | 0.05% |
1,586,357
-383,537
| -19% | -$40M |
|
318
PUT
Verizon
VZ
$205B
| $167M | 0.05% |
2,724,700
+281,600
| +12% | +$17M |
|
319
CALL
Humana
HUM
$45.5B
| $167M | 0.05% |
455,500
+120,200
| +36% | +$38.1M |
|
320
CALL
Blackrock
BLK
$179B
| $166M | 0.05% |
330,700
+10,800
| +3% | +$5.12M |
|
321
PUT
Honeywell
HON
$68.4B
| $166M | 0.05% |
996,279
-5,623
| -0.6% | -$919K |
|
322
CALL
United States Oil Fund
USO
$2.1B
| $165M | 0.05% |
1,608,300
-796,575
| -33% | -$75.7M |
|
323
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $164M | 0.05% |
5,328,164
-1,843,672
| -26% | -$54.1M |
|
324
PUT
Western Digital
WDC
$166B
| $163M | 0.05% |
3,387,674
+26,725
| +0.8% | +$1.11M |
|
325
Coca-Cola
KO
$392B
| $162M | 0.05% |
2,933,018
+701,750
| +31% | +$37.7M |
|
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.