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 | |
|---|---|---|---|---|---|---|
501
Freeport-McMoran
FCX
$112B
| $85.5M | 0.03% |
8,937,782
+2,632,546
| +42% | +$27M |
|
|
ALXN
502
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $85.5M | 0.03% |
872,900
+419,800
| +93% | +$47.3M |
|
503
Energy Transfer Partners
ET
$72.6B
| $85.4M | 0.03% |
6,526,940
+2,502,383
| +62% | +$34.9M |
|
504
PUT
American Tower
AMT
$83.1B
| $85.3M | 0.03% |
385,600
-251,800
| -40% | -$55M |
|
505
iShares Core MSCI Emerging Markets ETF
IEMG
$158B
| $85M | 0.03% |
1,733,035
+1,719,046
| +12,289% | +$85.2M |
|
|
PXD
506
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $84.9M | 0.03% |
674,900
-58,700
| -8% | -$7.77M |
|
507
PUT
TransDigm Group
TDG
$66.3B
| $84.8M | 0.03% |
162,900
-40,200
| -20% | -$20.6M |
|
508
CALL
Tilray
TLRY
$649M
| $84.6M | 0.03% |
341,910
+74,690
| +28% | +$27.2M |
|
509
CALL
Palo Alto Networks
PANW
$286B
| $84.6M | 0.03% |
2,489,400
+505,200
| +25% | +$17.9M |
|
|
AMRN
510
Amarin Corp
AMRN
$292M
| $84.3M | 0.03% |
278,090
+114,153
| +70% | +$39.8M |
|
511
CALL
Atlassian
TEAM
$43.4B
| $84.1M | 0.03% |
670,400
-8,300
| -1% | -$1.13M |
|
|
EA
512
DELISTED
Electronic Arts
EA
| $84M | 0.03% |
858,382
-4,076
| -0.5% | -$383K |
|
513
CALL
Lumen
LUMN
$5.85B
| $83.7M | 0.03% |
6,709,500
+628,500
| +10% | +$7.46M |
|
514
CALL
Expedia Group
EXPE
$40.7B
| $83.7M | 0.03% |
622,500
+105,500
| +20% | +$13.9M |
|
|
RSX
515
PUT
DELISTED
VanEck Russia ETF
RSX
| $83.6M | 0.03% |
3,666,700
+1,979,900
| +117% | +$45.6M |
|
|
IRBT
516
PUT
DELISTED
iRobot
IRBT
| $83M | 0.03% |
1,345,900
+568,200
| +73% | +$40.7M |
|
517
RTX Corp
RTX
$282B
| $82.9M | 0.03% |
965,071
+765,111
| +383% | +$63.5M |
|
518
ExxonMobil
XOM
$675B
| $82.7M | 0.03% |
1,171,707
+600,469
| +105% | +$43.4M |
|
519
CALL
Okta
OKTA
$22.8B
| $82.6M | 0.03% |
839,000
+250,400
| +43% | +$31.3M |
|
520
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $82.2M | 0.03% |
544,100
+283,600
| +109% | +$42.7M |
|
|
X
521
PUT
DELISTED
US Steel
X
| $82.1M | 0.03% |
7,104,300
+685,500
| +11% | +$8.83M |
|
522
PUT
LyondellBasell Industries
LYB
$21.1B
| $81.6M | 0.03% |
912,200
-22,100
| -2% | -$1.8M |
|
523
Visa
V
$714B
| $81.6M | 0.03% |
474,263
+254,994
| +116% | +$45.4M |
|
524
CALL
SLB Ltd
SLB
$80.1B
| $81.5M | 0.03% |
2,386,100
+433,100
| +22% | +$15.8M |
|
525
PepsiCo
PEP
$197B
| $81.3M | 0.03% |
593,226
+228,495
| +63% | +$30.4M |
|
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.