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 | |
|---|---|---|---|---|---|---|
1026
PUT
Vodafone
VOD
$37.2B
| $30.5M | 0.01% |
1,533,000
-804,800
| -34% | -$14.6M |
|
1027
CALL
WIX.com
WIX
$3.59B
| $30.5M | 0.01% |
261,000
-149,700
| -36% | -$20.8M |
|
1028
PUT
CarMax
KMX
$9.07B
| $30.4M | 0.01% |
345,900
-59,400
| -15% | -$5.1M |
|
1029
PUT
Corning
GLW
$126B
| $30.4M | 0.01% |
1,067,000
+835,400
| +361% | +$25M |
|
1030
BioMarin Pharmaceuticals
BMRN
$12.8B
| $30.4M | 0.01% |
450,875
+309,777
| +220% | +$23.9M |
|
1031
CALL
Royal Gold
RGLD
$22.6B
| $30.3M | 0.01% |
246,100
-21,000
| -8% | -$2.56M |
|
1032
CALL
Darden Restaurants
DRI
$25.1B
| $30.3M | 0.01% |
256,400
-44,900
| -15% | -$5.48M |
|
|
LK
1033
CALL
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $30.3M | 0.01% |
1,594,900
+931,600
| +140% | +$19.7M |
|
1034
CALL
MGM Resorts International
MGM
$10.9B
| $30.2M | 0.01% |
1,090,500
-248,800
| -19% | -$7.14M |
|
|
SKX
1035
CALL
DELISTED
Skechers
SKX
| $30.2M | 0.01% |
807,800
-196,900
| -20% | -$6.76M |
|
|
IRBT
1036
DELISTED
iRobot
IRBT
| $30.1M | 0.01% |
488,178
+304,516
| +166% | +$21.8M |
|
|
SAGE
1037
CALL
DELISTED
Sage Therapeutics
SAGE
| $30.1M | 0.01% |
214,600
+53,400
| +33% | +$8.93M |
|
|
NEE.PRO
1038
DELISTED
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
| $30.1M | 0.01% |
+600,000
| New | +$29.5M |
|
|
DTV
1039
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
| $30.1M | 0.01% |
520,000
+350,000
| +206% | +$19.9M |
|
1040
PUT
Ventas
VTR
$48.3B
| $30M | 0.01% |
411,400
+106,000
| +35% | +$7.52M |
|
1041
General Motors
GM
$75.5B
| $30M | 0.01% |
801,412
-1,743,138
| -69% | -$67M |
|
1042
CALL
iQIYI
IQ
$994M
| $30M | 0.01% |
1,861,900
-249,200
| -12% | -$4.58M |
|
1043
PUT
Cboe Global Markets
CBOE
$32.2B
| $29.9M | 0.01% |
259,900
+42,700
| +20% | +$4.94M |
|
|
GAP
1044
PUT
The Gap Inc
GAP
$7.2B
| $29.9M | 0.01% |
1,719,700
+128,300
| +8% | +$2.28M |
|
1045
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $29.7M | 0.01% |
588,900
+192,200
| +48% | +$9.3M |
|
1046
CALL
Progressive
PGR
$129B
| $29.6M | 0.01% |
383,400
+800
| +0.2% | +$62.9K |
|
1047
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$295M
| $29.6M | 0.01% |
1,215,300
-386,063
| -24% | -$10.2M |
|
1048
PUT
Sinclair Inc
SBGI
$1.06B
| $29.5M | 0.01% |
691,300
+246,700
| +55% | +$11.9M |
|
|
AABA
1049
CALL
DELISTED
Altaba Inc
AABA
| $29.5M | 0.01% |
1,515,900
-226,000
| -13% | -$14.9M |
|
1050
CALL
Carvana
CVNA
$83B
| $29.5M | 0.01% |
2,233,000
-36,500
| -2% | -$524K |
|
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.