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 | |
|---|---|---|---|---|---|---|
1051
PUT
Ambarella
AMBA
$3.1B
| $29.4M | 0.01% |
467,600
-19,000
| -4% | -$986K |
|
|
ICPT
1052
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $29.4M | 0.01% |
442,700
-39,500
| -8% | -$2.65M |
|
1053
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.86B
| $29.4M | 0.01% |
561,300
-73,200
| -12% | -$3.79M |
|
1054
PUT
Royal Gold
RGLD
$22.6B
| $29.3M | 0.01% |
237,900
-18,800
| -7% | -$2.29M |
|
|
LK
1055
PUT
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $29.2M | 0.01% |
1,536,500
+567,900
| +59% | +$12M |
|
1056
CALL
Alaska Air
ALK
$4.78B
| $29M | 0.01% |
447,400
+34,700
| +8% | +$2.19M |
|
1057
CALL
Shake Shack
SHAK
$3.01B
| $29M | 0.01% |
296,000
+137,600
| +87% | +$12.2M |
|
1058
Nokia
NOK
$57.4B
| $29M | 0.01% |
5,725,701
+2,865,326
| +100% | +$14.8M |
|
|
RDS.A
1059
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $29M | 0.01% |
492,200
-137,500
| -22% | -$8.16M |
|
1060
PUT
Innovative Industrial Properties
IIPR
$1.58B
| $28.9M | 0.01% |
312,800
+154,700
| +98% | +$16.3M |
|
1061
PUT
American International
AIG
$40.1B
| $28.8M | 0.01% |
517,700
-152,700
| -23% | -$8.44M |
|
1062
CALL
Sanofi
SNY
$110B
| $28.8M | 0.01% |
622,200
+233,000
| +60% | +$10M |
|
1063
Vale
VALE
$64.7B
| $28.8M | 0.01% |
2,504,055
-736,328
| -23% | -$8.93M |
|
|
1064
CALL
Innovative Industrial Properties
IIPR
$1.58B
| $28.8M | 0.01% |
311,700
+168,900
| +118% | +$17.8M |
|
1065
PUT
Ralph Lauren
RL
$21.7B
| $28.6M | 0.01% |
300,000
+37,300
| +14% | +$3.69M |
|
1066
RH
RH
$2.67B
| $28.6M | 0.01% |
167,453
+14,692
| +10% | +$2.09M |
|
|
ZEN
1067
CALL
DELISTED
ZENDESK INC
ZEN
| $28.5M | 0.01% |
391,000
+193,900
| +98% | +$16M |
|
1068
CALL
Ciena
CIEN
$54.5B
| $28.5M | 0.01% |
726,100
+57,100
| +9% | +$2.39M |
|
|
CLDR
1069
DELISTED
Cloudera, Inc.
CLDR
| $28.4M | 0.01% |
3,207,927
-48,772
| -1% | -$339K |
|
1070
CALL
Burlington
BURL
$19.9B
| $28.4M | 0.01% |
142,200
+24,100
| +20% | +$4.43M |
|
1071
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$99.4M
| $28.4M | 0.01% |
29,606
+7,500
| +34% | +$8.07M |
|
1072
CALL
JB Hunt Transport Services
JBHT
$24.6B
| $28.4M | 0.01% |
256,400
+61,800
| +32% | +$6.36M |
|
|
CLDR
1073
PUT
DELISTED
Cloudera, Inc.
CLDR
| $28.3M | 0.01% |
3,198,700
-201,600
| -6% | -$1.4M |
|
1074
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $28.3M | 0.01% |
273,400
-256,400
| -48% | -$27.1M |
|
1075
CALL
Hasbro
HAS
$13.7B
| $28.3M | 0.01% |
238,400
-83,800
| -26% | -$9.54M |
|
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.