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 | |
|---|---|---|---|---|---|---|
501
Pfizer
PFE
$159B
| $95.5M | 0.03% |
2,568,114
+964,192
| +60% | +$34.3M |
|
|
LK
502
PUT
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $95.4M | 0.03% |
2,422,600
+886,100
| +58% | +$22.4M |
|
503
CALL
Kimberly-Clark
KMB
$37B
| $95.3M | 0.03% |
692,900
-631,600
| -48% | -$85.4M |
|
504
CALL
Best Buy
BBY
$18.4B
| $95.1M | 0.03% |
1,083,700
+112,900
| +12% | +$8.64M |
|
505
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $95.1M | 0.03% |
253,400
-102,000
| -29% | -$36.9M |
|
506
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $94.4M | 0.03% |
1,505,000
+360,800
| +32% | +$22M |
|
507
PUT
Expedia Group
EXPE
$40.7B
| $94.2M | 0.03% |
871,300
+347,500
| +66% | +$40.8M |
|
508
CALL
Pinduoduo
PDD
$124B
| $93.6M | 0.03% |
2,474,500
+1,316,800
| +114% | +$49.2M |
|
509
Visa
V
$714B
| $93.4M | 0.03% |
497,297
+23,034
| +5% | +$4.15M |
|
510
lululemon athletica
LULU
$13.9B
| $93.2M | 0.03% |
402,451
+132,580
| +49% | +$28.3M |
|
|
CXO
511
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $93M | 0.03% |
1,062,000
+191,900
| +22% | +$13.8M |
|
512
PUT
General Dynamics
GD
$104B
| $92.8M | 0.03% |
526,400
+102,900
| +24% | +$18.5M |
|
513
CALL
Okta
OKTA
$22.8B
| $92.4M | 0.03% |
800,700
-38,300
| -5% | -$4.41M |
|
514
CALL
Deere & Co
DE
$175B
| $92.2M | 0.03% |
532,200
-1,285,400
| -71% | -$221M |
|
515
CALL
International Paper
IP
$21.7B
| $92.1M | 0.03% |
2,113,056
+768,557
| +57% | +$32.2M |
|
|
MDCO
516
DELISTED
Medicines Co
MDCO
| $92M | 0.03% |
1,082,774
+1,041,021
| +2,493% | +$69.4M |
|
517
CALL
PNC Financial Services
PNC
$97.2B
| $92M | 0.03% |
576,100
+156,000
| +37% | +$23.4M |
|
518
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $91.9M | 0.03% |
834,200
+187,900
| +29% | +$20.9M |
|
519
CALL
Match Group
MTCH
$9.58B
| $91.9M | 0.03% |
1,118,700
-228,900
| -17% | -$16.6M |
|
|
ATVI
520
DELISTED
Activision Blizzard
ATVI
| $91.8M | 0.03% |
1,544,399
-252,194
| -14% | -$14M |
|
521
CALL
Kohl's
KSS
$2.08B
| $91.7M | 0.03% |
1,800,100
+914,800
| +103% | +$46.5M |
|
522
PUT
BP
BP
$113B
| $91.6M | 0.03% |
2,427,200
-89,800
| -4% | -$3.41M |
|
523
CALL
VanEck Oil Services ETF
OIH
$1.94B
| $91.4M | 0.03% |
345,030
+154,100
| +81% | +$36.9M |
|
|
B
524
PUT
Barrick Mining
B
$79.3B
| $91.4M | 0.03% |
4,914,900
-170,500
| -3% | -$2.93M |
|
|
AMTD
525
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $91M | 0.03% |
1,831,000
+912,100
| +99% | +$39.5M |
|
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.