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 | |
|---|---|---|---|---|---|---|
851
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $40.6M | 0.01% |
677,800
+242,400
| +56% | +$15.8M |
|
852
CALL
Weibo
WB
$1.72B
| $40.5M | 0.01% |
906,000
+146,800
| +19% | +$6.22M |
|
853
PUT
MetLife
MET
$61.1B
| $40.4M | 0.01% |
856,100
+132,300
| +18% | +$6.31M |
|
854
PUT
Stanley Black & Decker
SWK
$14.9B
| $40.3M | 0.01% |
279,100
+44,200
| +19% | +$6.24M |
|
855
CALL
Wolfspeed
WOLF
$1.29B
| $40.2M | 0.01% |
821,100
+145,500
| +22% | +$7.91M |
|
856
PUT
Apollo Global Management
APO
$78.4B
| $39.9M | 0.01% |
1,054,000
+601,000
| +133% | +$21.9M |
|
857
PUT
Sony
SONY
$142B
| $39.8M | 0.01% |
3,369,000
+2,447,000
| +265% | +$27.6M |
|
|
DOCU
858
PUT
DocuSign
DOCU
$11.9B
| $39.7M | 0.01% |
640,600
+239,700
| +60% | +$12.6M |
|
859
CALL
Capital One
COF
$133B
| $39.7M | 0.01% |
435,900
-239,000
| -35% | -$21.5M |
|
860
CALL
PG&E
PCG
$39.9B
| $39.6M | 0.01% |
3,963,300
+790,300
| +25% | +$12M |
|
861
CALL
Air Products & Chemicals
APD
$68.2B
| $39.6M | 0.01% |
178,600
-6,700
| -4% | -$1.51M |
|
862
CALL
Vale
VALE
$64B
| $39.6M | 0.01% |
3,441,600
+845,900
| +33% | +$10.3M |
|
863
Bread Financial
BFH
$4.04B
| $39.6M | 0.01% |
+386,797
| New | +$43.6M |
|
864
CALL
HCA Healthcare
HCA
$92.9B
| $39.5M | 0.01% |
328,300
-11,000
| -3% | -$1.42M |
|
|
865
PUT
PG&E
PCG
$39.9B
| $39.5M | 0.01% |
3,947,500
+1,914,200
| +94% | +$29M |
|
866
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $39.5M | 0.01% |
1,045,900
+217,100
| +26% | +$8.1M |
|
867
PUT
Analog Devices
ADI
$181B
| $39.5M | 0.01% |
353,200
+202,900
| +135% | +$23M |
|
868
PUT
Corpay
CPAY
$27.2B
| $39.4M | 0.01% |
137,400
-30,500
| -18% | -$8.86M |
|
869
CALL
Dick's Sporting Goods
DKS
$16.1B
| $39.4M | 0.01% |
964,900
+265,300
| +38% | +$9.56M |
|
|
870
PUT
Weibo
WB
$1.72B
| $39.3M | 0.01% |
878,200
-12,700
| -1% | -$538K |
|
871
CALL
Vanguard Real Estate ETF
VNQ
$39.3B
| $39.2M | 0.01% |
420,900
+41,200
| +11% | +$3.74M |
|
872
Zscaler
ZS
$28.5B
| $39.2M | 0.01% |
828,573
+776,571
| +1,493% | +$55.9M |
|
873
PUT
DexCom
DXCM
$34.4B
| $39.1M | 0.01% |
1,047,200
+536,000
| +105% | +$20.8M |
|
|
RDS.B
874
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $39M | 0.01% |
651,100
-74,100
| -10% | -$4.42M |
|
875
CALL
Motorola Solutions
MSI
$79.7B
| $38.9M | 0.01% |
228,500
+55,900
| +32% | +$9.6M |
|
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.