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 | |
|---|---|---|---|---|---|---|
|
SAGE
951
CALL
DELISTED
Sage Therapeutics
SAGE
| $39.2M | 0.01% |
542,500
+327,900
| +153% | +$40.3M |
|
|
FTCH
952
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $38.8M | 0.01% |
3,744,600
+2,600,800
| +227% | +$23.4M |
|
953
PUT
Novartis
NVS
$300B
| $38.7M | 0.01% |
408,800
-153,800
| -27% | -$13.8M |
|
|
AIG.WS
954
DELISTED
American International Group, Inc.
AIG.WS
| $38.6M | 0.01% |
3,759,092
| – | – |
|
955
CALL
Atlassian
TEAM
$43.4B
| $38.6M | 0.01% |
320,700
-349,700
| -52% | -$42.6M |
|
956
CALL
Royal Caribbean
RCL
$78.4B
| $38.6M | 0.01% |
288,800
-95,800
| -25% | -$11.2M |
|
957
PUT
Fair Isaac
FICO
$25.2B
| $38.6M | 0.01% |
102,900
-98,100
| -49% | -$33M |
|
958
PUT
Keysight
KEYS
$52.9B
| $38.4M | 0.01% |
373,900
+253,100
| +210% | +$25.9M |
|
959
PUT
Etsy
ETSY
$7.99B
| $38.3M | 0.01% |
863,700
+15,000
| +2% | +$715K |
|
960
PUT
KLA
KLAC
$237B
| $38.2M | 0.01% |
2,143,000
-777,000
| -27% | -$13M |
|
|
MLNX
961
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $38.1M | 0.01% |
325,500
-1,351,500
| -81% | -$154M |
|
962
Paycom
PAYC
$10.3B
| $38.1M | 0.01% |
143,822
+70,323
| +96% | +$16.6M |
|
963
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $38.1M | 0.01% |
748,800
-241,600
| -24% | -$10.8M |
|
|
BZUN
964
PUT
Baozun
BZUN
$164M
| $38M | 0.01% |
1,146,400
+572,300
| +100% | +$22.7M |
|
965
CALL
Expeditors International
EXPD
$24.4B
| $38M | 0.01% |
486,600
+478,900
| +6,219% | +$35.9M |
|
966
PUT
First Solar
FSLR
$22.4B
| $37.9M | 0.01% |
677,000
-452,000
| -40% | -$24.8M |
|
|
X
967
CALL
DELISTED
US Steel
X
| $37.9M | 0.01% |
3,317,600
-436,000
| -12% | -$5.41M |
|
968
CALL
Whirlpool
WHR
$2.62B
| $37.7M | 0.01% |
255,800
-33,700
| -12% | -$5.09M |
|
969
CALL
Ambarella
AMBA
$3.07B
| $37.6M | 0.01% |
621,700
+175,300
| +39% | +$9.71M |
|
|
VMW
970
DELISTED
VMware, Inc
VMW
| $37.6M | 0.01% |
247,532
+185,367
| +298% | +$29.1M |
|
971
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $37.5M | 0.01% |
171,100
-55,200
| -24% | -$11.2M |
|
972
CALL
Lumentum
LITE
$74.5B
| $37.4M | 0.01% |
471,600
+72,000
| +18% | +$4.71M |
|
|
LNW
973
CALL
DELISTED
Light & Wonder
LNW
| $37.3M | 0.01% |
1,393,200
+433,100
| +45% | +$11.2M |
|
974
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.5M
| $37.3M | 0.01% |
290,200
-106,400
| -27% | -$13.3M |
|
975
PUT
Caesars Entertainment
CZR
$6.04B
| $37.1M | 0.01% |
622,100
+367,400
| +144% | +$18.2M |
|
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.