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 | |
|---|---|---|---|---|---|---|
|
26
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.78B | 0.51% |
26,518,600
+12,100,200
| +84% | +$781M |
|
27
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.71B | 0.49% |
12,619,800
+683,700
| +6% | +$95.2M |
|
28
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.71B | 0.49% |
8,320,500
-2,523,600
| -23% | -$489M |
|
|
29
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $1.66B | 0.48% |
24,792,000
+1,550,000
| +7% | +$100M |
|
30
CALL
Booking.com
BKNG
$158B
| $1.65B | 0.48% |
20,127,500
-202,500
| -1% | -$15.9M |
|
|
31
Boeing
BA
$169B
| $1.65B | 0.47% |
5,052,201
+3,751,203
| +288% | +$1.33B |
|
32
Apple
AAPL
$4.51T
| $1.64B | 0.47% |
22,405,480
+2,130,284
| +11% | +$137M |
|
|
33
Amazon
AMZN
$2.79T
| $1.58B | 0.46% |
17,148,320
-15,320,360
| -47% | -$1.36B |
|
34
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.58B | 0.46% |
9,548,600
+1,508,500
| +19% | +$238M |
|
|
35
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $1.58B | 0.45% |
23,576,000
-1,322,000
| -5% | -$85.3M |
|
36
PUT
Walt Disney
DIS
$186B
| $1.49B | 0.43% |
10,335,000
+3,360,800
| +48% | +$469M |
|
|
37
CALL
Walt Disney
DIS
$186B
| $1.49B | 0.43% |
10,321,500
+4,211,100
| +69% | +$588M |
|
38
CALL
NVIDIA
NVDA
$5.2T
| $1.42B | 0.41% |
241,660,000
+83,436,000
| +53% | +$434M |
|
39
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $1.33B | 0.38% |
19,217,900
-2,388,700
| -11% | -$161M |
|
40
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.28B | 0.37% |
5,665,100
+627,900
| +12% | +$136M |
|
|
41
CALL
Bank of America
BAC
$431B
| $1.17B | 0.34% |
33,146,900
+6,556,500
| +25% | +$212M |
|
|
42
CALL
Boeing
BA
$169B
| $1.15B | 0.33% |
3,513,300
+321,000
| +10% | +$114M |
|
|
43
CALL
Home Depot
HD
$335B
| $1.06B | 0.31% |
4,856,300
+2,289,200
| +89% | +$518M |
|
44
CALL
Visa
V
$693B
| $1.03B | 0.3% |
5,467,200
+262,400
| +5% | +$47.3M |
|
45
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.02B | 0.29% |
3,568,400
+839,200
| +31% | +$231M |
|
|
46
Invesco QQQ Trust
QQQ
$486B
| $1.02B | 0.29% |
4,781,594
+2,331,949
| +95% | +$467M |
|
47
Alibaba
BABA
$286B
| $1.01B | 0.29% |
4,753,508
-1,271,991
| -21% | -$239M |
|
|
48
PUT
Advanced Micro Devices
AMD
$773B
| $993M | 0.29% |
21,642,600
-9,502,200
| -31% | -$350M |
|
|
49
CALL
Advanced Micro Devices
AMD
$773B
| $992M | 0.29% |
21,637,500
+6,497,800
| +43% | +$239M |
|
50
PUT
Mastercard
MA
$509B
| $983M | 0.28% |
3,293,800
+338,400
| +11% | +$95.4M |
|
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.