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 | |
|---|---|---|---|---|---|---|
576
PUT
Zebra Technologies
ZBRA
$17.2B
| $78.7M | 0.02% |
308,200
-63,700
| -17% | -$14.9M |
|
|
X
577
PUT
DELISTED
US Steel
X
| $78.3M | 0.02% |
6,859,100
-245,200
| -3% | -$3.04M |
|
578
PUT
HSBC
HSBC
$357B
| $78.2M | 0.02% |
2,001,400
+114,300
| +6% | +$4.33M |
|
579
PUT
Dollar General
DG
$27.6B
| $78.2M | 0.02% |
501,300
+30,300
| +6% | +$4.81M |
|
580
CALL
Capital One
COF
$133B
| $78.1M | 0.02% |
758,900
+323,000
| +74% | +$31.1M |
|
581
CALL
Wayfair
W
$14.1B
| $78.1M | 0.02% |
864,200
-35,100
| -4% | -$3.27M |
|
582
CALL
Danaher
DHR
$151B
| $78M | 0.02% |
573,250
+139,196
| +32% | +$17.6M |
|
583
CALL
Nucor
NUE
$55.5B
| $77.9M | 0.02% |
1,384,700
-39,000
| -3% | -$2.13M |
|
584
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $77.8M | 0.02% |
2,656,100
+189,900
| +8% | +$5.19M |
|
585
CALL
Norfolk Southern
NSC
$79.3B
| $77.6M | 0.02% |
399,500
-23,500
| -6% | -$4.41M |
|
586
CALL
Motorola Solutions
MSI
$79.7B
| $77.4M | 0.02% |
480,400
+251,900
| +110% | +$41.5M |
|
587
PUT
United States Natural Gas Fund
UNG
$511M
| $77.3M | 0.02% |
1,146,800
+427,325
| +59% | +$33.1M |
|
588
PUT
Spotify
SPOT
$111B
| $77.2M | 0.02% |
516,500
+1,000
| +0.2% | +$137K |
|
589
TSMC
TSM
$2.13T
| $77.1M | 0.02% |
1,327,377
+903,446
| +213% | +$47.9M |
|
|
PPLI
590
People Inc
PPLI
$2.89B
| $76.6M | 0.02% |
1,719,816
+349,333
| +25% | +$14.1M |
|
|
EXAS
591
CALL
DELISTED
Exact Sciences
EXAS
| $76.5M | 0.02% |
827,200
+136,600
| +20% | +$12M |
|
592
Broadcom
AVGO
$1.71T
| $76.3M | 0.02% |
2,413,400
-2,561,850
| -51% | -$77.8M |
|
593
PUT
Prudential Financial
PRU
$42.3B
| $76.2M | 0.02% |
813,400
+100,600
| +14% | +$9.24M |
|
594
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.53B
| $75.7M | 0.02% |
1,015,481
+1,004,700
| +9,319% | +$74.9M |
|
|
WORK
595
PUT
DELISTED
Slack Technologies, Inc.
WORK
| $75.6M | 0.02% |
3,361,800
+1,939,300
| +136% | +$43.2M |
|
596
CALL
Intuit
INTU
$101B
| $75.3M | 0.02% |
287,300
-238,600
| -45% | -$62.4M |
|
597
CALL
Phillips 66
PSX
$96.5B
| $75.2M | 0.02% |
675,100
-214,600
| -24% | -$24.1M |
|
598
CALL
Newmont
NEM
$139B
| $75.2M | 0.02% |
1,730,900
-1,833,200
| -51% | -$71.7M |
|
599
CALL
Linde
LIN
$226B
| $75.2M | 0.02% |
353,000
-113,000
| -24% | -$22.8M |
|
600
CALL
Teva Pharmaceuticals
TEVA
$43B
| $75M | 0.02% |
7,656,000
+2,119,400
| +38% | +$18.9M |
|
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.