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 | |
|---|---|---|---|---|---|---|
601
PUT
Tyson Foods
TSN
$20.4B
| $75M | 0.02% |
823,700
+271,300
| +49% | +$23.3M |
|
|
AYX
602
PUT
DELISTED
Alteryx Inc
AYX
| $74.5M | 0.02% |
744,800
+332,100
| +80% | +$33.7M |
|
603
CALL
Viatris
VTRS
$19B
| $74.3M | 0.02% |
3,697,100
+1,793,900
| +94% | +$33.4M |
|
|
RTN
604
DELISTED
Raytheon Company
RTN
| $74.3M | 0.02% |
337,937
+145,047
| +75% | +$30.7M |
|
605
PUT
Progressive
PGR
$130B
| $74.2M | 0.02% |
1,025,500
+361,200
| +54% | +$26M |
|
606
CALL
GSK
GSK
$104B
| $74.2M | 0.02% |
1,263,680
+16,720
| +1% | +$930K |
|
607
CALL
Northrop Grumman
NOC
$78B
| $73.2M | 0.02% |
212,700
-211,800
| -50% | -$74.5M |
|
|
PXD
608
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $73.1M | 0.02% |
482,800
-192,100
| -28% | -$25.6M |
|
609
CALL
SolarEdge
SEDG
$1.85B
| $73M | 0.02% |
768,100
+64,800
| +9% | +$5.54M |
|
610
CALL
Autodesk
ADSK
$53.7B
| $73M | 0.02% |
398,000
-216,100
| -35% | -$35M |
|
611
Kraft Heinz
KHC
$30.4B
| $72.9M | 0.02% |
2,270,200
-502,102
| -18% | -$15.2M |
|
612
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $72.7M | 0.02% |
634,936
+560,933
| +758% | +$63.4M |
|
|
DISH
613
PUT
DELISTED
DISH Network Corp.
DISH
| $72.5M | 0.02% |
2,042,900
+417,500
| +26% | +$14.5M |
|
614
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $72.4M | 0.02% |
3,842,400
-422,400
| -10% | -$7.28M |
|
615
CALL
Southern Company
SO
$104B
| $72.4M | 0.02% |
1,137,000
-2,085,300
| -65% | -$129M |
|
616
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $72.4M | 0.02% |
660,700
-170,400
| -21% | -$18.5M |
|
617
Walmart Inc
WMT
$847B
| $72M | 0.02% |
1,818,336
+1,783,929
| +5,185% | +$70.8M |
|
618
CALL
Arista Networks
ANET
$237B
| $72M | 0.02% |
5,665,600
+1,219,200
| +27% | +$16M |
|
|
HES
619
CALL
DELISTED
Hess
HES
| $71.8M | 0.02% |
1,075,300
+175,100
| +19% | +$11.5M |
|
620
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $71.8M | 0.02% |
191,300
-74,300
| -28% | -$26.9M |
|
621
CALL
Freeport-McMoran
FCX
$112B
| $71.3M | 0.02% |
5,437,300
+1,559,800
| +40% | +$17.1M |
|
|
WCG
622
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $71.3M | 0.02% |
216,000
-176,800
| -45% | -$53.1M |
|
623
CALL
T-Mobile US
TMUS
$196B
| $70.7M | 0.02% |
901,800
+319,000
| +55% | +$25.1M |
|
624
Goldman Sachs
GS
$302B
| $70.7M | 0.02% |
307,437
-55,957
| -15% | -$12.1M |
|
|
CZR
625
CALL
DELISTED
Caesars Entertainment Corporation
CZR
| $70.4M | 0.02% |
5,178,100
-102,800
| -2% | -$1.3M |
|
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.