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 | |
|---|---|---|---|---|---|---|
401
PUT
Atlassian
TEAM
$43.5B
| $113M | 0.04% |
897,600
+293,100
| +48% | +$39.9M |
|
402
CALL
Charter Communications
CHTR
$17.9B
| $112M | 0.04% |
272,600
-306,000
| -53% | -$123M |
|
403
CALL
CME Group
CME
$98.9B
| $112M | 0.04% |
516,800
-93,300
| -15% | -$19.5M |
|
404
CALL
BP
BP
$115B
| $112M | 0.04% |
2,939,300
+50,290
| +2% | +$1.92M |
|
405
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $112M | 0.04% |
3,079,200
+888,000
| +41% | +$34.5M |
|
406
CALL
American International
AIG
$39.8B
| $111M | 0.04% |
1,994,700
+550,200
| +38% | +$30.4M |
|
407
PUT
eBay
EBAY
$46.3B
| $111M | 0.04% |
2,843,500
+420,000
| +17% | +$16.8M |
|
|
COUP
408
CALL
DELISTED
Coupa Software Incorporated
COUP
| $111M | 0.04% |
853,800
+273,400
| +47% | +$37.9M |
|
409
CALL
EOG Resources
EOG
$80.3B
| $111M | 0.04% |
1,490,100
+365,900
| +33% | +$29.7M |
|
410
CALL
Allegiant Air
ALGT
$2.24B
| $110M | 0.04% |
732,300
+657,100
| +874% | +$96.2M |
|
411
Oracle
ORCL
$422B
| $110M | 0.04% |
1,991,119
+359,856
| +22% | +$19.9M |
|
|
EXAS
412
PUT
DELISTED
Exact Sciences
EXAS
| $109M | 0.04% |
1,210,200
-66,300
| -5% | -$7.55M |
|
413
PUT
Skyworks Solutions
SWKS
$10.1B
| $109M | 0.04% |
1,375,500
+113,900
| +9% | +$9.08M |
|
414
JD.com
JD
$39.7B
| $109M | 0.04% |
3,852,322
-2,462,821
| -39% | -$74.4M |
|
415
IBM
IBM
$222B
| $108M | 0.04% |
779,721
+385,266
| +98% | +$52M |
|
416
CALL
Duke Energy
DUK
$93.4B
| $108M | 0.04% |
1,124,900
+274,900
| +32% | +$25M |
|
417
PUT
American Airlines Group
AAL
$9.15B
| $107M | 0.04% |
3,965,000
-182,100
| -4% | -$5.33M |
|
418
PUT
Autodesk
ADSK
$53.6B
| $107M | 0.04% |
723,300
+362,100
| +100% | +$56.3M |
|
419
AB InBev
BUD
$155B
| $107M | 0.04% |
1,122,039
-201,370
| -15% | -$19.1M |
|
420
PUT
Medtronic
MDT
$119B
| $107M | 0.04% |
981,300
-38,000
| -4% | -$3.96M |
|
421
PUT
Comcast
CMCSA
$95.3B
| $106M | 0.04% |
2,356,100
+1,299,300
| +123% | +$57.6M |
|
422
Occidental Petroleum
OXY
$61.3B
| $106M | 0.04% |
2,385,224
+118,178
| +5% | +$5.59M |
|
423
PUT
Equinix
EQIX
$105B
| $104M | 0.03% |
180,700
+48,400
| +37% | +$26M |
|
424
Wynn Resorts
WYNN
$10.3B
| $104M | 0.03% |
957,529
+64,814
| +7% | +$7.71M |
|
425
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.07B
| $104M | 0.03% |
1,971,100
+886,700
| +82% | +$46.3M |
|
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.