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 | |
|---|---|---|---|---|---|---|
326
PUT
TSMC
TSM
$2.17T
| $161M | 0.05% |
2,770,500
+1,389,700
| +101% | +$73.7M |
|
|
SPLK
327
CALL
DELISTED
Splunk Inc
SPLK
| $160M | 0.05% |
1,070,700
+434,700
| +68% | +$57.1M |
|
328
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $160M | 0.05% |
1,719,100
-1,025,400
| -37% | -$95.1M |
|
329
McDonald's
MCD
$192B
| $159M | 0.05% |
802,151
+736,930
| +1,130% | +$146M |
|
|
EA
330
PUT
DELISTED
Electronic Arts
EA
| $158M | 0.05% |
1,469,300
-149,000
| -9% | -$14.8M |
|
331
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $157M | 0.05% |
1,933,100
+472,900
| +32% | +$37.7M |
|
332
PUT
NextEra Energy
NEE
$174B
| $157M | 0.05% |
2,597,200
+975,200
| +60% | +$56.9M |
|
333
CALL
Skyworks Solutions
SWKS
$10.1B
| $157M | 0.05% |
1,300,300
+710,300
| +120% | +$69.8M |
|
334
CALL
Palo Alto Networks
PANW
$292B
| $156M | 0.04% |
4,042,800
+1,553,400
| +62% | +$58.7M |
|
335
PUT
Align Technology
ALGN
$11.5B
| $155M | 0.04% |
553,700
-88,600
| -14% | -$22.1M |
|
336
PUT
Universal Display
OLED
$3.95B
| $154M | 0.04% |
747,700
-131,700
| -15% | -$24.9M |
|
337
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $154M | 0.04% |
5,004,500
-1,527,000
| -23% | -$44.8M |
|
338
CALL
ProShares UltraPro QQQ
TQQQ
$35.8B
| $154M | 0.04% |
14,235,200
+2,696,000
| +23% | +$24.5M |
|
339
PUT
Lowe's Companies
LOW
$121B
| $153M | 0.04% |
1,278,400
-59,200
| -4% | -$6.77M |
|
340
Adobe
ADBE
$109B
| $153M | 0.04% |
463,876
-207,473
| -31% | -$61M |
|
|
XLNX
341
DELISTED
Xilinx Inc
XLNX
| $152M | 0.04% |
1,557,053
+1,170,466
| +303% | +$110M |
|
|
PPLI
342
CALL
People Inc
PPLI
$2.86B
| $152M | 0.04% |
3,415,996
+1,390,458
| +69% | +$56M |
|
343
Energy Transfer Partners
ET
$73B
| $150M | 0.04% |
11,715,549
+5,188,609
| +79% | +$63.9M |
|
|
SPLK
344
PUT
DELISTED
Splunk Inc
SPLK
| $150M | 0.04% |
1,002,700
+205,200
| +26% | +$26.9M |
|
345
Baidu
BIDU
$31.6B
| $149M | 0.04% |
1,182,737
-256,948
| -18% | -$29.2M |
|
346
PUT
Dell
DELL
$286B
| $149M | 0.04% |
5,733,538
+562,700
| +11% | +$14.6M |
|
|
EXAS
347
PUT
DELISTED
Exact Sciences
EXAS
| $149M | 0.04% |
1,612,600
+402,400
| +33% | +$35.4M |
|
348
CALL
Uber
UBER
$161B
| $149M | 0.04% |
5,014,300
+1,654,300
| +49% | +$49.1M |
|
349
CALL
Spotify
SPOT
$110B
| $149M | 0.04% |
994,300
+311,200
| +46% | +$42.7M |
|
350
PUT
Northrop Grumman
NOC
$78.3B
| $148M | 0.04% |
429,500
-96,800
| -18% | -$34M |
|
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.