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 | |
|---|---|---|---|---|---|---|
|
JWN
726
CALL
DELISTED
Nordstrom
JWN
| $50.3M | 0.02% |
1,495,100
+864,600
| +137% | +$26.4M |
|
727
PUT
Waste Management
WM
$90.5B
| $50.3M | 0.02% |
437,700
+110,500
| +34% | +$12.9M |
|
|
LSXMK
728
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $50.1M | 0.02% |
1,568,264
+102,143
| +7% | +$3.17M |
|
729
PUT
Alcoa
AA
$13B
| $50.1M | 0.02% |
2,495,500
+206,600
| +9% | +$4.3M |
|
730
CALL
Conagra Brands
CAG
$8B
| $50.1M | 0.02% |
1,632,300
+1,111,700
| +214% | +$32M |
|
731
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $50M | 0.02% |
392,428
+236,933
| +152% | +$29.8M |
|
732
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $50M | 0.02% |
1,134,600
-840,800
| -43% | -$35.3M |
|
|
FL
733
DELISTED
Foot Locker
FL
| $49.9M | 0.02% |
1,155,880
+605,208
| +110% | +$24.4M |
|
734
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $49.9M | 0.02% |
212,270
+790
| +0.4% | +$205K |
|
735
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $49.7M | 0.02% |
1,709,000
+353,600
| +26% | +$10.2M |
|
736
PUT
Norfolk Southern
NSC
$79.3B
| $49.5M | 0.02% |
275,700
-270,300
| -50% | -$49.7M |
|
737
PUT
PNC Financial Services
PNC
$97.2B
| $49.2M | 0.02% |
351,000
+1,100
| +0.3% | +$149K |
|
738
PUT
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $49.1M | 0.02% |
578,800
+555,800
| +2,417% | +$47.1M |
|
739
Macy's
M
$6.1B
| $49M | 0.02% |
3,151,244
+961,309
| +44% | +$17.8M |
|
740
PUT
Novartis
NVS
$300B
| $48.9M | 0.02% |
562,600
-800
| -0.1% | -$71.8K |
|
741
PUT
Roper Technologies
ROP
$41.1B
| $48.9M | 0.02% |
137,100
+127,700
| +1,359% | +$46.4M |
|
742
CALL
DexCom
DXCM
$34.4B
| $48.7M | 0.02% |
1,306,400
+673,200
| +106% | +$26.2M |
|
743
PUT
Marriott International
MAR
$93.9B
| $48.6M | 0.02% |
390,900
+69,300
| +22% | +$9.19M |
|
744
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $48.6M | 0.02% |
1,500,258
-60,476
| -4% | -$1.87M |
|
745
CALL
Sherwin-Williams
SHW
$84.2B
| $48.4M | 0.02% |
264,300
-251,700
| -49% | -$42.8M |
|
746
CALL
Apollo Global Management
APO
$78.4B
| $48.3M | 0.02% |
1,278,400
+872,500
| +215% | +$31.8M |
|
|
CYBR
747
PUT
DELISTED
CyberArk
CYBR
| $48.3M | 0.02% |
484,300
-38,100
| -7% | -$4.59M |
|
748
PUT
Phillips 66
PSX
$96.5B
| $48.3M | 0.02% |
471,900
-308,300
| -40% | -$30.9M |
|
749
PUT
Gen Digital
GEN
$17.4B
| $48.2M | 0.02% |
2,041,500
+747,200
| +58% | +$17.4M |
|
750
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $48.1M | 0.02% |
1,776,300
+27,400
| +2% | +$755K |
|
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.