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 | |
|---|---|---|---|---|---|---|
526
CALL
Seagate
STX
$180B
| $81.3M | 0.03% |
1,510,700
+151,300
| +11% | +$7.42M |
|
|
RSX
527
DELISTED
VanEck Russia ETF
RSX
| $80.9M | 0.03% |
3,544,638
+359,482
| +11% | +$8.29M |
|
528
PUT
T-Mobile US
TMUS
$196B
| $80.7M | 0.03% |
1,024,400
-63,600
| -6% | -$4.98M |
|
529
Trade Desk
TTD
$6.24B
| $80.4M | 0.03% |
4,289,330
+1,456,530
| +51% | +$34.7M |
|
530
CALL
CSX Corp
CSX
$95.3B
| $80.3M | 0.03% |
3,477,300
+614,400
| +21% | +$14.3M |
|
531
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $79.8M | 0.03% |
2,113,300
+501,100
| +31% | +$18.7M |
|
532
Vanguard Real Estate ETF
VNQ
$39.3B
| $79.3M | 0.03% |
850,611
-105,367
| -11% | -$9.57M |
|
|
PPLI
533
CALL
People Inc
PPLI
$2.89B
| $78.9M | 0.03% |
2,025,538
+314,462
| +18% | +$13.4M |
|
534
CALL
Edwards Lifesciences
EW
$52.2B
| $78.2M | 0.03% |
1,066,500
+328,800
| +45% | +$23.1M |
|
535
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $78M | 0.03% |
1,036,000
+86,700
| +9% | +$10.2M |
|
536
CALL
Spotify
SPOT
$111B
| $77.9M | 0.03% |
683,100
-372,700
| -35% | -$52.6M |
|
537
Kraft Heinz
KHC
$30.4B
| $77.4M | 0.03% |
2,772,302
-599,251
| -18% | -$17.2M |
|
538
PUT
General Dynamics
GD
$104B
| $77.4M | 0.03% |
423,500
+182,700
| +76% | +$33.9M |
|
|
MDCO
539
PUT
DELISTED
Medicines Co
MDCO
| $77.1M | 0.03% |
1,542,900
+538,300
| +54% | +$21.5M |
|
540
CALL
Williams Companies
WMB
$86.8B
| $76.9M | 0.03% |
3,194,400
+1,395,200
| +78% | +$35.2M |
|
541
CALL
Estee Lauder
EL
$37.7B
| $76.8M | 0.03% |
385,800
+91,300
| +31% | +$17.5M |
|
542
PUT
Zebra Technologies
ZBRA
$17.2B
| $76.7M | 0.03% |
371,900
+269,700
| +264% | +$54.5M |
|
|
WBA
543
DELISTED
Walgreens Boots Alliance
WBA
| $76.3M | 0.03% |
1,379,051
-420,011
| -23% | -$22.5M |
|
544
CALL
Norfolk Southern
NSC
$79.3B
| $76M | 0.03% |
423,000
-349,000
| -45% | -$64.2M |
|
545
CALL
Ferrari
RACE
$74.6B
| $76M | 0.03% |
493,200
+129,200
| +35% | +$20.6M |
|
546
PUT
Vale
VALE
$64B
| $75.7M | 0.03% |
6,579,500
+655,000
| +11% | +$7.94M |
|
547
PUT
Halliburton
HAL
$28.9B
| $75.4M | 0.03% |
4,001,400
+365,600
| +10% | +$7.57M |
|
548
Goldman Sachs
GS
$302B
| $75.3M | 0.03% |
363,394
-132,859
| -27% | -$27.8M |
|
549
American Airlines Group
AAL
$9.02B
| $75.3M | 0.03% |
2,791,856
-222,053
| -7% | -$6.5M |
|
|
AMRN
550
PUT
Amarin Corp
AMRN
$292M
| $75.2M | 0.03% |
247,945
+119,885
| +94% | +$41.8M |
|
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.