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 | |
|---|---|---|---|---|---|---|
1001
CALL
J.M. Smucker
SJM
$13.4B
| $31.2M | 0.01% |
283,900
+54,900
| +24% | +$6.12M |
|
1002
PUT
Five Below
FIVE
$14.3B
| $31.2M | 0.01% |
247,400
+104,000
| +73% | +$12.6M |
|
1003
PUT
Teladoc Health
TDOC
$1.12B
| $31.2M | 0.01% |
460,600
+124,200
| +37% | +$8.17M |
|
|
CXO
1004
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $31.2M | 0.01% |
459,100
+239,300
| +109% | +$19.5M |
|
1005
CALL
Marvell Technology
MRVL
$219B
| $31.2M | 0.01% |
1,248,400
-75,500
| -6% | -$1.89M |
|
1006
PUT
iShares MSCI India ETF
INDA
$6.68B
| $31.2M | 0.01% |
928,400
+884,900
| +2,034% | +$29.2M |
|
|
XEC
1007
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $31.1M | 0.01% |
648,100
+152,600
| +31% | +$7.22M |
|
1008
CALL
Vail Resorts
MTN
$5.35B
| $31.1M | 0.01% |
136,500
+1,700
| +1% | +$401K |
|
1009
Lockheed Martin
LMT
$129B
| $31.1M | 0.01% |
79,619
-47,133
| -37% | -$17.7M |
|
1010
PUT
Williams Companies
WMB
$87.7B
| $31.1M | 0.01% |
1,290,700
+117,900
| +10% | +$2.97M |
|
1011
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $31M | 0.01% |
1,300,000
-85,200
| -6% | -$2.05M |
|
1012
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$243M
| $31M | 0.01% |
8,234
-1,809
| -18% | -$6.88M |
|
1013
PUT
ProShares UltraPro Dow 30
UDOW
$869M
| $30.9M | 0.01% |
1,177,200
-64,400
| -5% | -$1.66M |
|
1014
PUT
Trip.com Group
TCOM
$28.9B
| $30.9M | 0.01% |
1,056,600
+264,000
| +33% | +$9.28M |
|
1015
CALL
Edison International
EIX
$28.4B
| $30.9M | 0.01% |
410,100
+67,000
| +20% | +$4.82M |
|
1016
CALL
Cleveland-Cliffs
CLF
$6.53B
| $30.9M | 0.01% |
4,278,700
+14,100
| +0.3% | +$127K |
|
1017
CALL
Canadian Imperial Bank of Commerce
CM
$107B
| $30.9M | 0.01% |
747,400
+501,000
| +203% | +$19.7M |
|
|
K
1018
CALL
DELISTED
Kellanova
K
| $30.8M | 0.01% |
510,561
+201,391
| +65% | +$11.5M |
|
1019
CALL
Ionis Pharmaceuticals
IONS
$10.6B
| $30.8M | 0.01% |
514,200
+98,800
| +24% | +$6.44M |
|
1020
CALL
Corteva
CTVA
$55.4B
| $30.8M | 0.01% |
1,098,700
+546,100
| +99% | +$15.8M |
|
1021
PUT
Enterprise Products Partners
EPD
$82.3B
| $30.8M | 0.01% |
1,076,000
+259,100
| +32% | +$7.54M |
|
1022
CALL
Equifax
EFX
$22.6B
| $30.7M | 0.01% |
218,300
+36,000
| +20% | +$5.07M |
|
1023
PUT
Motorola Solutions
MSI
$80.1B
| $30.7M | 0.01% |
180,100
-20,300
| -10% | -$3.49M |
|
|
HTZ
1024
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $30.7M | 0.01% |
2,217,000
+1,250,400
| +129% | +$17.6M |
|
1025
CALL
Enbridge
ENB
$109B
| $30.6M | 0.01% |
871,600
+371,700
| +74% | +$12.9M |
|
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.