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 | |
|---|---|---|---|---|---|---|
|
AABA
576
DELISTED
Altaba Inc
AABA
| $69.2M | 0.02% |
3,554,040
-1,418,601
| -29% | -$93.8M |
|
577
CALL
Paycom
PAYC
$10.3B
| $69.1M | 0.02% |
329,900
+70,500
| +27% | +$16.5M |
|
578
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $69.1M | 0.02% |
1,144,200
+82,400
| +8% | +$4.97M |
|
579
iShares S&P GSCI Commodity-Indexed Trust
GSG
$968M
| $69M | 0.02% |
4,585,264
+4,517,754
| +6,692% | +$68.9M |
|
580
Starbucks
SBUX
$123B
| $68.8M | 0.02% |
777,579
+645,893
| +490% | +$59.9M |
|
581
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $68.6M | 0.02% |
1,298,585
+1,236,716
| +1,999% | +$64.6M |
|
582
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $68.5M | 0.02% |
4,264,800
+1,842,400
| +76% | +$29.3M |
|
583
PUT
ConocoPhillips
COP
$160B
| $68.2M | 0.02% |
1,196,400
+632,100
| +112% | +$36M |
|
584
Snap
SNAP
$9.35B
| $68.1M | 0.02% |
4,311,660
+1,675,062
| +64% | +$26.8M |
|
585
CALL
TJX Companies
TJX
$155B
| $68.1M | 0.02% |
1,221,600
+450,700
| +58% | +$24.6M |
|
|
SPLK
586
DELISTED
Splunk Inc
SPLK
| $68.1M | 0.02% |
577,676
+152,879
| +36% | +$19.1M |
|
587
CALL
Allstate
ALL
$65.8B
| $68M | 0.02% |
625,500
+176,800
| +39% | +$18.5M |
|
588
PUT
ProShares UltraPro QQQ
TQQQ
$34.7B
| $67.9M | 0.02% |
8,810,400
+2,997,600
| +52% | +$23.8M |
|
589
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$301M
| $67.4M | 0.02% |
2,768,800
+1,748,700
| +171% | +$46M |
|
590
CALL
Best Buy
BBY
$18.4B
| $67M | 0.02% |
970,800
+316,100
| +48% | +$22M |
|
591
CALL
GSK
GSK
$104B
| $66.5M | 0.02% |
1,246,960
+302,560
| +32% | +$15.6M |
|
592
iShares US Treasury Bond ETF
GOVT
$44.3B
| $66.5M | 0.02% |
+2,524,484
| New | +$65.9M |
|
593
CALL
Arista Networks
ANET
$237B
| $66.4M | 0.02% |
4,446,400
-537,600
| -11% | -$8.32M |
|
594
Twilio
TWLO
$34.2B
| $66.4M | 0.02% |
603,634
+313,144
| +108% | +$40.6M |
|
595
CALL
Yum! Brands
YUM
$42.9B
| $66.3M | 0.02% |
584,600
+113,900
| +24% | +$13M |
|
596
PUT
Crown Castle
CCI
$32.5B
| $66.1M | 0.02% |
475,800
-96,200
| -17% | -$13.3M |
|
597
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $66M | 0.02% |
2,470,800
+989,400
| +67% | +$26.6M |
|
598
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $65.8M | 0.02% |
186,617
+164,158
| +731% | +$57.5M |
|
599
PUT
Kimberly-Clark
KMB
$37B
| $65.7M | 0.02% |
462,300
+123,500
| +36% | +$17M |
|
600
CALL
Truist Financial
TFC
$62.1B
| $65.6M | 0.02% |
1,230,000
+169,800
| +16% | +$8.41M |
|
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.