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 | |
|---|---|---|---|---|---|---|
826
PUT
Sea Limited
SE
$72.4B
| $42.6M | 0.01% |
1,375,800
+665,500
| +94% | +$22.3M |
|
827
Teva Pharmaceuticals
TEVA
$44B
| $42.5M | 0.01% |
6,173,845
+1,306,927
| +27% | +$10M |
|
|
PARA
828
CALL
DELISTED
Paramount Global Class B
PARA
| $42.5M | 0.01% |
1,051,700
+199,800
| +23% | +$9.35M |
|
829
CALL
Diageo
DEO
$52.6B
| $42.4M | 0.01% |
259,100
+141,700
| +121% | +$23.7M |
|
830
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $42.4M | 0.01% |
373,700
+52,700
| +16% | +$5.99M |
|
|
PARA
831
PUT
DELISTED
Paramount Global Class B
PARA
| $42.2M | 0.01% |
1,044,200
+292,600
| +39% | +$13.7M |
|
832
Sarepta Therapeutics
SRPT
$2B
| $42.1M | 0.01% |
558,639
+200,313
| +56% | +$23.7M |
|
|
ALXN
833
DELISTED
Alexion Pharmaceuticals
ALXN
| $42M | 0.01% |
429,035
+288,849
| +206% | +$32.6M |
|
|
JWN
834
PUT
DELISTED
Nordstrom
JWN
| $42M | 0.01% |
1,247,200
+520,800
| +72% | +$15.9M |
|
835
Intel
INTC
$468B
| $41.9M | 0.01% |
813,060
-414,148
| -34% | -$20.4M |
|
836
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$104M
| $41.8M | 0.01% |
6,394
+2,115
| +49% | +$14.8M |
|
837
CALL
Royal Caribbean
RCL
$78B
| $41.7M | 0.01% |
384,600
+53,800
| +16% | +$5.92M |
|
838
PUT
BioMarin Pharmaceuticals
BMRN
$12.8B
| $41.5M | 0.01% |
616,200
-17,600
| -3% | -$1.36M |
|
839
CALL
Royal Bank of Canada
RY
$286B
| $41.5M | 0.01% |
510,800
-57,700
| -10% | -$4.5M |
|
840
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$19.1B
| $41.4M | 0.01% |
3,648,000
-88,500
| -2% | -$965K |
|
841
CALL
Becton Dickinson
BDX
$51.4B
| $41.1M | 0.01% |
166,665
+19,577
| +13% | +$4.83M |
|
|
CGC
842
Canopy Growth
CGC
$476M
| $41.1M | 0.01% |
179,373
+133,081
| +287% | +$40.7M |
|
843
PUT
RingCentral
RNG
$5.53B
| $41M | 0.01% |
326,300
+150,500
| +86% | +$19.7M |
|
|
MIC
844
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $41M | 0.01% |
1,038,000
-110,300
| -10% | -$4.36M |
|
845
CALL
Cheniere Energy
LNG
$57.9B
| $40.9M | 0.01% |
649,000
-283,100
| -30% | -$18.1M |
|
846
Intuitive Surgical
ISRG
$131B
| $40.8M | 0.01% |
226,749
-79,734
| -26% | -$13.8M |
|
847
PUT
D.R. Horton
DHI
$41.7B
| $40.8M | 0.01% |
774,100
+124,400
| +19% | +$5.94M |
|
848
PUT
United Parks & Resorts
PRKS
$2.03B
| $40.7M | 0.01% |
1,547,600
+64,600
| +4% | +$1.97M |
|
849
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $40.7M | 0.01% |
1,501,082
-436,068
| -23% | -$12M |
|
|
ALXN
850
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $40.6M | 0.01% |
414,700
-51,300
| -11% | -$5.78M |
|
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.