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 | |
|---|---|---|---|---|---|---|
426
PUT
Delta Air Lines
DAL
$54.2B
| $117M | 0.03% |
1,993,700
+8,200
| +0.4% | +$460K |
|
|
COUP
427
CALL
DELISTED
Coupa Software Incorporated
COUP
| $116M | 0.03% |
794,100
-59,700
| -7% | -$8.52M |
|
428
CALL
American Airlines Group
AAL
$9.15B
| $116M | 0.03% |
4,035,500
-622,200
| -13% | -$17.7M |
|
429
PUT
Macy's
M
$6B
| $115M | 0.03% |
6,773,000
+1,133,300
| +20% | +$17.7M |
|
430
CALL
General Dynamics
GD
$104B
| $114M | 0.03% |
648,300
-718,000
| -53% | -$129M |
|
431
CALL
MetLife
MET
$60B
| $114M | 0.03% |
2,237,700
+649,300
| +41% | +$31.3M |
|
|
PARA
432
DELISTED
Paramount Global Class B
PARA
| $114M | 0.03% |
2,716,684
+2,556,653
| +1,598% | +$99M |
|
433
UnitedHealth
UNH
$350B
| $114M | 0.03% |
387,507
-776,891
| -67% | -$203M |
|
434
CALL
Starbucks
SBUX
$122B
| $114M | 0.03% |
1,293,300
-941,000
| -42% | -$80.2M |
|
|
PXD
435
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $114M | 0.03% |
750,500
-73,000
| -9% | -$9.72M |
|
436
Petrobras Class A
PBR.A
$111B
| $114M | 0.03% |
7,611,253
-10,290,339
| -57% | -$146M |
|
437
PUT
Sarepta Therapeutics
SRPT
$1.98B
| $112M | 0.03% |
869,900
-285,700
| -25% | -$28.8M |
|
438
CALL
Domino's
DPZ
$11.3B
| $112M | 0.03% |
381,800
+20,000
| +6% | +$5.51M |
|
439
Chevron
CVX
$403B
| $112M | 0.03% |
930,190
+336,418
| +57% | +$39.6M |
|
440
PUT
American Tower
AMT
$81.9B
| $111M | 0.03% |
484,700
+99,100
| +26% | +$21.6M |
|
441
SLB Ltd
SLB
$79.9B
| $111M | 0.03% |
2,759,278
-703,752
| -20% | -$25.1M |
|
442
PUT
Las Vegas Sands
LVS
$30.5B
| $111M | 0.03% |
1,602,500
-403,800
| -20% | -$25.2M |
|
443
CALL
Dell
DELL
$286B
| $111M | 0.03% |
4,245,699
-1,490,404
| -26% | -$38.8M |
|
444
PUT
Okta
OKTA
$23.5B
| $110M | 0.03% |
956,200
+348,200
| +57% | +$40.1M |
|
445
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.07B
| $110M | 0.03% |
1,880,700
-90,400
| -5% | -$5.01M |
|
|
XLNX
446
CALL
DELISTED
Xilinx Inc
XLNX
| $109M | 0.03% |
1,119,000
+184,600
| +20% | +$17.3M |
|
447
PUT
Abbott
ABT
$202B
| $109M | 0.03% |
1,256,100
+522,500
| +71% | +$43.8M |
|
448
PUT
United Parcel Service
UPS
$86.8B
| $109M | 0.03% |
931,700
+80,100
| +9% | +$9.48M |
|
449
Micron Technology
MU
$1.09T
| $108M | 0.03% |
2,015,497
+1,428,589
| +243% | +$68.2M |
|
450
PUT
Halliburton
HAL
$29.4B
| $108M | 0.03% |
4,426,500
+425,100
| +11% | +$8.96M |
|
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.