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 | |
|---|---|---|---|---|---|---|
|
XYZ
76
PUT
Block Inc
XYZ
$49.4B
| $666M | 0.19% |
10,640,400
+95,300
| +0.9% | +$6.09M |
|
77
PUT
Wells Fargo
WFC
$254B
| $665M | 0.19% |
12,356,100
-1,627,700
| -12% | -$85.3M |
|
78
PUT
Costco
COST
$420B
| $665M | 0.19% |
2,252,100
+191,800
| +9% | +$57M |
|
79
Walt Disney
DIS
$186B
| $652M | 0.19% |
4,511,330
+606,428
| +16% | +$84.6M |
|
80
CALL
Procter & Gamble
PG
$336B
| $647M | 0.19% |
5,177,800
+288,300
| +6% | +$35.3M |
|
81
PUT
UnitedHealth
UNH
$350B
| $647M | 0.19% |
2,199,200
-626,700
| -22% | -$164M |
|
82
CALL
Citigroup
C
$221B
| $642M | 0.18% |
8,039,500
-306,700
| -4% | -$22.7M |
|
83
CALL
Johnson & Johnson
JNJ
$651B
| $632M | 0.18% |
4,330,000
+1,320,000
| +44% | +$179M |
|
84
PUT
Bristol-Myers Squibb
BMY
$137B
| $631M | 0.18% |
9,822,800
+728,200
| +8% | +$41.7M |
|
85
NVIDIA
NVDA
$5.2T
| $625M | 0.18% |
106,220,640
-40,982,600
| -28% | -$213M |
|
86
CALL
United Parcel Service
UPS
$86.8B
| $624M | 0.18% |
5,328,300
-589,600
| -10% | -$69.8M |
|
87
CALL
AT&T
T
$173B
| $616M | 0.18% |
20,878,421
-1,139,302
| -5% | -$32.9M |
|
88
PUT
Goldman Sachs
GS
$303B
| $607M | 0.17% |
2,642,100
+266,400
| +11% | +$57.8M |
|
89
CALL
Mastercard
MA
$509B
| $606M | 0.17% |
2,029,500
+572,100
| +39% | +$161M |
|
90
PUT
Intuitive Surgical
ISRG
$134B
| $595M | 0.17% |
3,017,100
+343,200
| +13% | +$64.3M |
|
91
CALL
Intel
INTC
$476B
| $591M | 0.17% |
9,872,000
-671,700
| -6% | -$37.6M |
|
92
PUT
Morgan Stanley
MS
$336B
| $589M | 0.17% |
11,526,600
+61,800
| +0.5% | +$2.93M |
|
93
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $586M | 0.17% |
2,588,100
-2,058,400
| -44% | -$447M |
|
94
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $578M | 0.17% |
8,326,900
+1,829,500
| +28% | +$124M |
|
95
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $575M | 0.17% |
6,047,100
+1,810,200
| +43% | +$157M |
|
|
96
Alphabet (Google) Class C
GOOG
$4.18T
| $573M | 0.16% |
8,564,940
+4,332,560
| +102% | +$280M |
|
97
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $572M | 0.16% |
6,167,500
-3,800
| -0.1% | -$352K |
|
98
CALL
CVS Health
CVS
$119B
| $568M | 0.16% |
7,649,600
+3,425,400
| +81% | +$241M |
|
99
CALL
Trade Desk
TTD
$6.19B
| $554M | 0.16% |
21,318,000
+14,343,000
| +206% | +$323M |
|
100
Microsoft
MSFT
$3.59T
| $550M | 0.16% |
3,489,739
+1,728,256
| +98% | +$254M |
|
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.