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 | |
|---|---|---|---|---|---|---|
|
AGN
426
DELISTED
Allergan plc
AGN
| $104M | 0.03% |
616,716
-808,958
| -57% | -$132M |
|
427
PUT
Texas Instruments
TXN
$241B
| $104M | 0.03% |
802,800
-14,900
| -2% | -$1.84M |
|
428
PUT
Wayfair
W
$13.9B
| $104M | 0.03% |
923,800
+278,500
| +43% | +$35.6M |
|
|
PXD
429
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $104M | 0.03% |
823,500
-181,500
| -18% | -$24M |
|
|
VMW
430
CALL
DELISTED
VMware, Inc
VMW
| $103M | 0.03% |
689,400
+350,700
| +104% | +$55.2M |
|
431
CALL
Global Payments
GPN
$24.7B
| $103M | 0.03% |
649,800
+607,700
| +1,443% | +$99.2M |
|
432
CALL
LyondellBasell Industries
LYB
$21.8B
| $103M | 0.03% |
1,152,000
-653,600
| -36% | -$53.3M |
|
433
CALL
Uber
UBER
$161B
| $102M | 0.03% |
3,360,000
+1,587,200
| +90% | +$59.7M |
|
434
PUT
United Parcel Service
UPS
$86.8B
| $102M | 0.03% |
851,600
-14,000
| -2% | -$1.6M |
|
435
PUT
Zoom
ZM
$31.5B
| $102M | 0.03% |
1,336,400
+761,300
| +132% | +$68.6M |
|
|
WCG
436
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $102M | 0.03% |
392,800
+82,800
| +27% | +$22.9M |
|
|
437
CALL
Zoom
ZM
$31.5B
| $101M | 0.03% |
1,324,500
+816,800
| +161% | +$73.6M |
|
|
438
CALL
Wayfair
W
$13.9B
| $101M | 0.03% |
899,300
+206,300
| +30% | +$26.4M |
|
439
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.5B
| $100M | 0.03% |
720,360
+408,200
| +131% | +$69.6M |
|
440
PUT
Take-Two Interactive
TTWO
$44.8B
| $99.4M | 0.03% |
793,400
+346,000
| +77% | +$43.2M |
|
441
CALL
Las Vegas Sands
LVS
$30.5B
| $98.9M | 0.03% |
1,711,600
-135,100
| -7% | -$7.87M |
|
442
State Street SPDR S&P Retail ETF
XRT
$491M
| $98.5M | 0.03% |
2,322,205
+1,092,743
| +89% | +$45.3M |
|
|
WBA
443
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $97.9M | 0.03% |
1,769,700
-223,000
| -11% | -$12M |
|
|
444
CALL
Take-Two Interactive
TTWO
$44.8B
| $97.7M | 0.03% |
779,100
+123,400
| +19% | +$15.4M |
|
445
PUT
Intuit
INTU
$100B
| $97.6M | 0.03% |
367,100
+60,600
| +20% | +$16.7M |
|
446
Altria Group
MO
$110B
| $96.6M | 0.03% |
2,361,635
+1,906,631
| +419% | +$87.7M |
|
447
PUT
Match Group
MTCH
$9.38B
| $96.4M | 0.03% |
1,348,900
+1,021,600
| +312% | +$79.7M |
|
|
448
CALL
Match Group
MTCH
$9.38B
| $96.3M | 0.03% |
1,347,600
+1,157,300
| +608% | +$90.2M |
|
449
Cigna
CI
$73.3B
| $95.8M | 0.03% |
631,003
+67,584
| +12% | +$11M |
|
450
CALL
General Mills
GIS
$21.4B
| $95.7M | 0.03% |
1,735,500
+47,500
| +3% | +$2.56M |
|
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.