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 | |
|---|---|---|---|---|---|---|
326
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.85B
| $146M | 0.05% |
7,187
-1,229
| -15% | -$25.4M |
|
327
PUT
iShares MSCI Mexico ETF
EWW
$1.86B
| $146M | 0.05% |
3,417,500
-735,100
| -18% | -$30.7M |
|
328
PUT
NXP Semiconductors
NXPI
$56.9B
| $146M | 0.05% |
1,333,600
+311,100
| +30% | +$31.8M |
|
329
CALL
Illumina
ILMN
$33.1B
| $144M | 0.05% |
485,113
+31,559
| +7% | +$9.3M |
|
330
PUT
Marathon Petroleum
MPC
$101B
| $143M | 0.05% |
2,347,900
+1,001,900
| +74% | +$52.8M |
|
331
CALL
Blackrock
BLK
$179B
| $143M | 0.05% |
319,900
+43,400
| +16% | +$19.3M |
|
332
CALL
United Rentals
URI
$68.4B
| $142M | 0.05% |
1,136,800
+182,200
| +19% | +$22.1M |
|
333
iShares MSCI EAFE ETF
EFA
$80B
| $142M | 0.05% |
2,170,113
-2,475,873
| -53% | -$160M |
|
334
PUT
Deere & Co
DE
$175B
| $141M | 0.05% |
837,100
-281,800
| -25% | -$45.1M |
|
|
B
335
CALL
Barrick Mining
B
$78.3B
| $141M | 0.05% |
8,127,400
+171,100
| +2% | +$3.02M |
|
|
336
PUT
Illumina
ILMN
$33.1B
| $141M | 0.05% |
475,347
+210,945
| +80% | +$62.2M |
|
337
PUT
Uber
UBER
$161B
| $140M | 0.05% |
4,604,400
+2,702,200
| +142% | +$102M |
|
338
CALL
Intuit
INTU
$100B
| $140M | 0.05% |
525,900
+315,900
| +150% | +$86.9M |
|
339
CALL
Colgate-Palmolive
CL
$72.6B
| $139M | 0.05% |
1,891,400
+369,000
| +24% | +$26.8M |
|
340
Lowe's Companies
LOW
$121B
| $139M | 0.05% |
1,263,929
+163,538
| +15% | +$17.3M |
|
341
PUT
PepsiCo
PEP
$196B
| $138M | 0.05% |
1,008,400
+391,000
| +63% | +$51.9M |
|
342
PUT
Kraft Heinz
KHC
$30.3B
| $138M | 0.05% |
4,943,400
+1,039,000
| +27% | +$29.9M |
|
343
Costco
COST
$420B
| $137M | 0.05% |
476,814
+452,582
| +1,868% | +$127M |
|
344
Broadcom
AVGO
$1.75T
| $137M | 0.05% |
4,975,250
-600,700
| -11% | -$17.1M |
|
|
TWTR
345
PUT
DELISTED
Twitter, Inc.
TWTR
| $137M | 0.05% |
3,317,100
-1,165,600
| -26% | -$47.6M |
|
346
PUT
Freeport-McMoran
FCX
$110B
| $136M | 0.05% |
14,230,500
+6,626,500
| +87% | +$68M |
|
347
PUT
Dell
DELL
$286B
| $136M | 0.05% |
5,170,838
+2,476,312
| +92% | +$65.6M |
|
348
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $136M | 0.05% |
4,192,200
+483,400
| +13% | +$14.9M |
|
349
CALL
Snap
SNAP
$8.86B
| $136M | 0.05% |
8,586,500
-857,300
| -9% | -$13.7M |
|
350
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $135M | 0.05% |
1,359,000
+131,300
| +11% | +$13.7M |
|
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.