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 | |
|---|---|---|---|---|---|---|
926
iShares MSCI Australia ETF
EWA
$1.34B
| $41.4M | 0.01% |
+1,829,396
| New | +$41.2M |
|
927
PUT
Kroger
KR
$36.2B
| $41.2M | 0.01% |
1,422,700
-361,500
| -20% | -$9.58M |
|
928
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $41.1M | 0.01% |
914,973
-3,764,349
| -80% | -$162M |
|
929
CALL
Energy Transfer Partners
ET
$72.6B
| $41M | 0.01% |
3,198,800
+1,295,700
| +68% | +$16M |
|
|
CYBR
930
CALL
DELISTED
CyberArk
CYBR
| $41M | 0.01% |
351,700
+21,800
| +7% | +$2.45M |
|
931
CALL
Franco-Nevada
FNV
$52.1B
| $40.8M | 0.01% |
395,400
+38,500
| +11% | +$3.72M |
|
932
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $40.7M | 0.01% |
42,059
+40,931
| +3,629% | +$49.5M |
|
933
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $40.7M | 0.01% |
894,000
+301,800
| +51% | +$13.7M |
|
934
PUT
Advance Auto Parts
AAP
$2.63B
| $40.6M | 0.01% |
253,800
+54,800
| +28% | +$8.78M |
|
935
CALL
Madison Square Garden
MSGS
$9.69B
| $40.6M | 0.01% |
193,476
+123,376
| +176% | +$24.2M |
|
936
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $40.5M | 0.01% |
856,100
-12,000
| -1% | -$544K |
|
937
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $40.3M | 0.01% |
639,600
-1,214,000
| -65% | -$74.8M |
|
938
Philip Morris
PM
$298B
| $40.2M | 0.01% |
472,886
-31,321
| -6% | -$2.58M |
|
939
CALL
Ciena
CIEN
$52.7B
| $40.2M | 0.01% |
942,200
+216,100
| +30% | +$8.23M |
|
940
PUT
Cracker Barrel
CBRL
$1.3B
| $40.1M | 0.01% |
260,900
-11,500
| -4% | -$1.81M |
|
941
CALL
Ralph Lauren
RL
$22.1B
| $40.1M | 0.01% |
341,700
-24,900
| -7% | -$2.62M |
|
942
CALL
Chewy
CHWY
$10B
| $40M | 0.01% |
1,378,300
+250,200
| +22% | +$6.4M |
|
|
ITCI
943
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $39.9M | 0.01% |
1,163,800
+910,700
| +360% | +$10.9M |
|
944
CALL
Corning
GLW
$125B
| $39.7M | 0.01% |
1,364,200
-167,400
| -11% | -$4.86M |
|
945
CALL
Chubb
CB
$133B
| $39.6M | 0.01% |
254,500
-13,600
| -5% | -$2.08M |
|
946
CALL
Oneok
OKE
$58.6B
| $39.6M | 0.01% |
523,200
-319,300
| -38% | -$22.8M |
|
|
ICPT
947
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $39.6M | 0.01% |
319,200
-123,500
| -28% | -$11.1M |
|
|
ETFC
948
DELISTED
E*Trade Financial Corporation
ETFC
| $39.5M | 0.01% |
871,438
+269,439
| +45% | +$11.5M |
|
949
CALL
Devon Energy
DVN
$53.1B
| $39.5M | 0.01% |
1,519,300
+359,300
| +31% | +$8.09M |
|
950
AutoZone
AZO
$49.1B
| $39.4M | 0.01% |
33,110
+14,697
| +80% | +$17M |
|
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.