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 | |
|---|---|---|---|---|---|---|
451
PUT
BP
BP
$113B
| $95.6M | 0.03% |
2,517,000
+798,908
| +46% | +$30.5M |
|
|
ATVI
452
DELISTED
Activision Blizzard
ATVI
| $95.1M | 0.03% |
1,796,593
+574,473
| +47% | +$28.6M |
|
453
PUT
Dollar Tree
DLTR
$25.9B
| $94.8M | 0.03% |
830,800
+175,000
| +27% | +$18.3M |
|
454
PUT
Eli Lilly
LLY
$1.1T
| $94.8M | 0.03% |
847,500
-344,500
| -29% | -$38.4M |
|
455
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $94.8M | 0.03% |
1,543,000
+63,500
| +4% | +$3.82M |
|
456
PUT
NextEra Energy
NEE
$174B
| $94.5M | 0.03% |
1,622,000
+652,800
| +67% | +$35.3M |
|
457
PUT
Energy Transfer Partners
ET
$72.5B
| $94.2M | 0.03% |
7,198,900
+2,137,400
| +42% | +$29.8M |
|
|
SPLK
458
PUT
DELISTED
Splunk Inc
SPLK
| $94M | 0.03% |
797,500
+227,900
| +40% | +$28.5M |
|
459
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $93.6M | 0.03% |
265,600
+86,800
| +49% | +$30.4M |
|
|
460
CALL
Eli Lilly
LLY
$1.1T
| $93.2M | 0.03% |
833,000
-282,800
| -25% | -$31.5M |
|
|
EA
461
CALL
DELISTED
Electronic Arts
EA
| $92.7M | 0.03% |
948,000
-265,400
| -22% | -$24.9M |
|
462
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $92.7M | 0.03% |
817,600
-653,000
| -44% | -$74.3M |
|
463
CALL
NetEase
NTES
$79.3B
| $92.1M | 0.03% |
1,729,500
+26,000
| +2% | +$1.32M |
|
464
CALL
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $91.8M | 0.03% |
2,280,400
-2,592,000
| -53% | -$104M |
|
465
PUT
CSX Corp
CSX
$95.6B
| $91.8M | 0.03% |
3,975,300
-303,600
| -7% | -$7.07M |
|
466
PUT
SolarEdge
SEDG
$1.84B
| $91.5M | 0.03% |
1,093,200
-105,300
| -9% | -$7.85M |
|
467
CALL
Kinder Morgan
KMI
$68.1B
| $91.5M | 0.03% |
4,439,100
+1,530,700
| +53% | +$31.4M |
|
468
Peabody Energy
BTU
$3.44B
| $91.4M | 0.03% |
6,210,627
-44,974
| -0.7% | -$877K |
|
|
CGC
469
PUT
Canopy Growth
CGC
$476M
| $91.2M | 0.03% |
397,780
+153,440
| +63% | +$46.9M |
|
470
CALL
Phillips 66
PSX
$96.2B
| $91.1M | 0.03% |
889,700
+113,600
| +15% | +$11.4M |
|
471
CALL
Autodesk
ADSK
$53.9B
| $90.7M | 0.03% |
614,100
+318,200
| +108% | +$49.5M |
|
472
Workday
WDAY
$49.9B
| $90.6M | 0.03% |
532,898
-449,794
| -46% | -$86.8M |
|
473
PUT
MongoDB
MDB
$32.9B
| $90.5M | 0.03% |
751,000
+192,600
| +34% | +$27.8M |
|
474
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.66B
| $90.4M | 0.03% |
831,100
-238,500
| -22% | -$25.9M |
|
475
CALL
Linde
LIN
$225B
| $90.3M | 0.03% |
466,000
-57,600
| -11% | -$11.2M |
|
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.