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 | |
|---|---|---|---|---|---|---|
901
Colgate-Palmolive
CL
$73.8B
| $42.8M | 0.01% |
622,070
+2,430
| +0.4% | +$166K |
|
|
ICPT
902
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $42.8M | 0.01% |
345,300
+64,800
| +23% | +$5.8M |
|
903
CALL
Stryker
SYK
$126B
| $42.7M | 0.01% |
203,400
+101,500
| +100% | +$21.1M |
|
|
BBBY
904
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $42.7M | 0.01% |
2,468,200
+64,300
| +3% | +$900K |
|
|
WW
905
CALL
DELISTED
WW International
WW
| $42.6M | 0.01% |
1,115,400
+403,300
| +57% | +$15.3M |
|
906
PUT
iShares Semiconductor ETF
SOXX
$41.3B
| $42.6M | 0.01% |
509,100
+172,500
| +51% | +$13.3M |
|
907
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $42.6M | 0.01% |
1,711,700
+411,700
| +32% | +$9.99M |
|
|
CTXS
908
CALL
DELISTED
Citrix Systems Inc
CTXS
| $42.5M | 0.01% |
382,800
-78,300
| -17% | -$8.43M |
|
909
iShares Core MSCI EAFE ETF
IEFA
$195B
| $42.2M | 0.01% |
647,489
+609,140
| +1,588% | +$38.6M |
|
910
CALL
Zillow
Z
$8.33B
| $42.2M | 0.01% |
919,000
+268,600
| +41% | +$10M |
|
|
ITCI
911
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $42.2M | 0.01% |
1,230,400
+483,000
| +65% | +$5.8M |
|
912
CALL
Burlington
BURL
$20.8B
| $42.2M | 0.01% |
185,100
+42,900
| +30% | +$8.97M |
|
|
AMTD
913
DELISTED
TD Ameritrade Holding Corp
AMTD
| $42.2M | 0.01% |
849,203
+651,847
| +330% | +$28.2M |
|
914
CALL
Ross Stores
ROST
$77.5B
| $42.2M | 0.01% |
362,400
+134,600
| +59% | +$15.1M |
|
915
CALL
MGM Resorts International
MGM
$11B
| $42.2M | 0.01% |
1,268,000
+177,500
| +16% | +$5.41M |
|
916
CALL
Baxter International
BAX
$13.7B
| $41.9M | 0.01% |
501,400
-16,400
| -3% | -$1.36M |
|
|
GAP
917
PUT
The Gap Inc
GAP
$7.33B
| $41.9M | 0.01% |
2,367,300
+647,600
| +38% | +$11M |
|
918
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $41.8M | 0.01% |
941,008
+666,787
| +243% | +$28.2M |
|
919
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $41.8M | 0.01% |
692,100
+14,300
| +2% | +$852K |
|
920
Nike
NKE
$60.5B
| $41.7M | 0.01% |
411,785
+331,947
| +416% | +$31.3M |
|
921
PUT
General Mills
GIS
$21.9B
| $41.7M | 0.01% |
778,600
-221,500
| -22% | -$11.7M |
|
922
CALL
iShares MSCI South Korea ETF
EWY
$27B
| $41.7M | 0.01% |
670,500
+444,500
| +197% | +$26.4M |
|
923
PUT
LendingTree
TREE
$435M
| $41.6M | 0.01% |
137,100
-13,900
| -9% | -$4.6M |
|
924
PUT
Diamondback Energy
FANG
$57.6B
| $41.6M | 0.01% |
447,900
+23,000
| +5% | +$1.91M |
|
925
CALL
Regions Financial
RF
$26.1B
| $41.5M | 0.01% |
2,416,600
+338,600
| +16% | +$5.57M |
|
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.