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 | |
|---|---|---|---|---|---|---|
351
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $147M | 0.04% |
1,555,525
-262,500
| -14% | -$22.8M |
|
352
PUT
CME Group
CME
$98.9B
| $147M | 0.04% |
724,500
-159,400
| -18% | -$32.7M |
|
353
PUT
Marathon Petroleum
MPC
$101B
| $147M | 0.04% |
2,442,000
+94,100
| +4% | +$5.89M |
|
354
PUT
Accenture
ACN
$113B
| $147M | 0.04% |
697,600
-149,500
| -18% | -$29.1M |
|
|
DOCU
355
CALL
DocuSign
DOCU
$11.8B
| $146M | 0.04% |
1,975,800
+919,700
| +87% | +$63.2M |
|
356
CALL
Abbott
ABT
$202B
| $146M | 0.04% |
1,680,700
-285,500
| -15% | -$23.9M |
|
357
CALL
Elevance Health
ELV
$86.9B
| $145M | 0.04% |
481,000
+124,600
| +35% | +$34.3M |
|
358
PUT
General Motors
GM
$77.2B
| $145M | 0.04% |
3,964,000
+671,600
| +20% | +$24.4M |
|
|
CGC
359
CALL
Canopy Growth
CGC
$472M
| $145M | 0.04% |
686,030
+304,430
| +80% | +$60.4M |
|
360
CALL
ConocoPhillips
COP
$162B
| $144M | 0.04% |
2,220,300
+224,800
| +11% | +$13.2M |
|
361
PUT
Skyworks Solutions
SWKS
$10.1B
| $144M | 0.04% |
1,191,900
-183,600
| -13% | -$18M |
|
362
CALL
Oracle
ORCL
$422B
| $143M | 0.04% |
2,695,300
-517,800
| -16% | -$28.5M |
|
363
Cigna
CI
$73.3B
| $142M | 0.04% |
696,488
+65,485
| +10% | +$12M |
|
364
Occidental Petroleum
OXY
$61.3B
| $142M | 0.04% |
3,446,238
+1,061,014
| +44% | +$42.5M |
|
|
ALXN
365
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $142M | 0.04% |
1,311,900
+439,000
| +50% | +$47M |
|
366
PUT
NetEase
NTES
$82.1B
| $141M | 0.04% |
2,305,000
+637,500
| +38% | +$37.4M |
|
367
CALL
EOG Resources
EOG
$80.3B
| $141M | 0.04% |
1,685,400
+195,300
| +13% | +$14.3M |
|
|
PARA
368
PUT
DELISTED
Paramount Global Class B
PARA
| $140M | 0.04% |
3,334,600
+2,290,400
| +219% | +$88.7M |
|
369
CALL
Honeywell
HON
$68.4B
| $140M | 0.04% |
837,023
-279,892
| -25% | -$45.8M |
|
370
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $138M | 0.04% |
3,262,600
-989,600
| -23% | -$37.7M |
|
371
CALL
Align Technology
ALGN
$11.5B
| $137M | 0.04% |
490,500
+169,900
| +53% | +$42.4M |
|
372
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $136M | 0.04% |
2,524,151
+791,116
| +46% | +$40.8M |
|
|
373
CALL
Occidental Petroleum
OXY
$61.3B
| $136M | 0.04% |
3,288,800
+346,000
| +12% | +$13.9M |
|
374
IBM
IBM
$222B
| $135M | 0.04% |
1,057,359
+277,638
| +36% | +$36.1M |
|
375
PUT
Vale
VALE
$62.1B
| $135M | 0.04% |
10,256,900
+3,677,400
| +56% | +$44.2M |
|
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.