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 | |
|---|---|---|---|---|---|---|
701
Humana
HUM
$46.4B
| $52.8M | 0.02% |
206,417
+15,745
| +8% | +$4.41M |
|
|
MRTX
702
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $52.6M | 0.02% |
675,200
+263,700
| +64% | +$24.7M |
|
703
PUT
Credit Acceptance
CACC
$6.26B
| $52.6M | 0.02% |
114,000
+4,700
| +4% | +$2.22M |
|
704
Skyworks Solutions
SWKS
$10.1B
| $52.6M | 0.02% |
663,189
-43,768
| -6% | -$3.49M |
|
705
PUT
iShares MSCI Japan ETF
EWJ
$22.4B
| $52.4M | 0.02% |
923,300
+486,600
| +111% | +$26.7M |
|
706
CALL
Marriott International
MAR
$93.9B
| $52.3M | 0.02% |
420,700
-28,400
| -6% | -$3.77M |
|
707
CALL
United States Natural Gas Fund
UNG
$511M
| $52.2M | 0.02% |
655,150
+144,550
| +28% | +$11.6M |
|
708
lululemon athletica
LULU
$13.9B
| $52M | 0.02% |
269,871
+240,455
| +817% | +$44.9M |
|
|
TIF
709
CALL
DELISTED
Tiffany & Co.
TIF
| $52M | 0.02% |
560,900
+191,600
| +52% | +$17.3M |
|
710
CALL
Etsy
ETSY
$7.99B
| $51.9M | 0.02% |
919,100
+652,200
| +244% | +$38.4M |
|
|
GRUB
711
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $51.8M | 0.02% |
460,950
+63,850
| +16% | +$8.48M |
|
712
PUT
Royal Caribbean
RCL
$78.4B
| $51.8M | 0.02% |
478,000
+159,300
| +50% | +$17.5M |
|
|
GWPH
713
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $51.8M | 0.02% |
450,000
+111,400
| +33% | +$16.9M |
|
|
AMRN
714
CALL
Amarin Corp
AMRN
$292M
| $51.8M | 0.02% |
170,720
+43,460
| +34% | +$15.2M |
|
715
PUT
Edwards Lifesciences
EW
$52.2B
| $51.6M | 0.02% |
703,500
+121,500
| +21% | +$8.53M |
|
716
CALL
TSMC
TSM
$2.13T
| $51.4M | 0.02% |
1,106,900
+145,000
| +15% | +$6.18M |
|
717
CALL
Aflac
AFL
$59.3B
| $51.4M | 0.02% |
983,300
-279,300
| -22% | -$14.7M |
|
718
CALL
Paychex
PAYX
$44.8B
| $51.4M | 0.02% |
620,700
+57,600
| +10% | +$4.79M |
|
719
PUT
Progressive
PGR
$130B
| $51.3M | 0.02% |
664,300
+466,900
| +237% | +$36.7M |
|
720
CALL
HSBC
HSBC
$357B
| $51.1M | 0.02% |
1,334,200
+908,300
| +213% | +$35.2M |
|
721
PUT
Zoetis
ZTS
$31.9B
| $51M | 0.02% |
409,200
+118,000
| +41% | +$14.2M |
|
|
DISH
722
CALL
DELISTED
DISH Network Corp.
DISH
| $50.9M | 0.02% |
1,492,500
-630,000
| -30% | -$22.6M |
|
723
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$301M
| $50.7M | 0.02% |
2,083,300
+363,200
| +21% | +$9.56M |
|
|
STMP
724
CALL
DELISTED
Stamps.com, Inc.
STMP
| $50.4M | 0.02% |
677,200
+385,700
| +132% | +$22.6M |
|
725
CALL
C.H. Robinson
CHRW
$16.7B
| $50.4M | 0.02% |
594,400
-22,500
| -4% | -$1.89M |
|
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.