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 | |
|---|---|---|---|---|---|---|
376
CALL
Las Vegas Sands
LVS
$30.5B
| $135M | 0.04% |
1,955,100
+243,500
| +14% | +$15.2M |
|
377
PUT
DuPont de Nemours
DD
$18.7B
| $135M | 0.04% |
1,669,893
-155,669
| -9% | -$12.9M |
|
378
PUT
American Airlines Group
AAL
$9.15B
| $134M | 0.04% |
4,675,800
+710,800
| +18% | +$20.3M |
|
379
PUT
Dollar Tree
DLTR
$25.3B
| $133M | 0.04% |
1,409,300
+578,500
| +70% | +$60.7M |
|
380
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $132M | 0.04% |
3,035,200
-7,654,800
| -72% | -$319M |
|
381
PUT
O'Reilly Automotive
ORLY
$72.1B
| $132M | 0.04% |
4,528,500
-1,624,500
| -26% | -$46.5M |
|
382
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $130M | 0.04% |
4,247,800
+2,538,800
| +149% | +$75M |
|
383
CALL
Valero Energy
VLO
$100B
| $130M | 0.04% |
1,389,100
-434,300
| -24% | -$41M |
|
384
PUT
Texas Instruments
TXN
$241B
| $130M | 0.04% |
1,012,700
+209,900
| +26% | +$25.9M |
|
385
PUT
Bausch Health
BHC
$2.41B
| $130M | 0.04% |
4,340,000
-2,367,000
| -35% | -$61.5M |
|
386
Trade Desk
TTD
$6.19B
| $129M | 0.04% |
4,980,880
+691,550
| +16% | +$15.6M |
|
387
PUT
iShares MSCI Mexico ETF
EWW
$1.86B
| $129M | 0.04% |
2,872,900
-544,600
| -16% | -$24.2M |
|
388
PUT
Capital One
COF
$134B
| $129M | 0.04% |
1,252,800
-139,400
| -10% | -$13.4M |
|
|
B
389
CALL
Barrick Mining
B
$78.3B
| $129M | 0.04% |
6,917,100
-1,210,300
| -15% | -$20.8M |
|
390
PUT
Kraft Heinz
KHC
$30.3B
| $129M | 0.04% |
4,002,000
-941,400
| -19% | -$28.5M |
|
391
CALL
Global Payments
GPN
$24.7B
| $128M | 0.04% |
701,800
+52,000
| +8% | +$8.93M |
|
392
Wynn Resorts
WYNN
$10.3B
| $128M | 0.04% |
922,432
-35,097
| -4% | -$4.27M |
|
|
ATVI
393
PUT
DELISTED
Activision Blizzard
ATVI
| $128M | 0.04% |
2,152,600
-982,400
| -31% | -$54.4M |
|
394
PUT
Philip Morris
PM
$293B
| $128M | 0.04% |
1,502,100
-1,079,100
| -42% | -$88.9M |
|
395
CALL
Eli Lilly
LLY
$1.12T
| $128M | 0.04% |
971,300
+138,300
| +17% | +$16M |
|
396
CALL
Applied Materials
AMAT
$391B
| $128M | 0.04% |
2,090,100
-890,700
| -30% | -$50.1M |
|
397
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $127M | 0.04% |
1,557,500
-130,800
| -8% | -$10.4M |
|
398
CALL
Dow Inc
DOW
$23.4B
| $127M | 0.04% |
2,315,900
-185,900
| -7% | -$9.6M |
|
399
CALL
Allegiant Air
ALGT
$2.24B
| $126M | 0.04% |
724,100
-8,200
| -1% | -$1.36M |
|
|
MDCO
400
PUT
DELISTED
Medicines Co
MDCO
| $126M | 0.04% |
1,482,400
-60,500
| -4% | -$4.03M |
|
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.