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 | |
|---|---|---|---|---|---|---|
1101
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $27.4M | 0.01% |
370,900
+137,400
| +59% | +$10.1M |
|
1102
CALL
ProShares UltraShort QQQ
QID
$219M
| $27.2M | 0.01% |
45,275
-4,855
| -10% | -$2.94M |
|
1103
CALL
McCormick & Company Non-Voting
MKC
$14.6B
| $27.2M | 0.01% |
347,800
+129,600
| +59% | +$10.4M |
|
1104
PUT
Wabtec
WAB
$50.2B
| $27.1M | 0.01% |
377,100
-54,600
| -13% | -$3.88M |
|
1105
CALL
RingCentral
RNG
$5.48B
| $27.1M | 0.01% |
215,600
+146,200
| +211% | +$19.2M |
|
1106
CALL
Weyerhaeuser
WY
$17.6B
| $27.1M | 0.01% |
977,400
+125,000
| +15% | +$3.26M |
|
1107
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $26.9M | 0.01% |
2,228,800
-84,800
| -4% | -$1.04M |
|
1108
Albemarle
ALB
$15.7B
| $26.9M | 0.01% |
387,550
-111,147
| -22% | -$7.57M |
|
1109
PUT
Shake Shack
SHAK
$2.99B
| $26.9M | 0.01% |
274,800
+154,300
| +128% | +$13.6M |
|
|
WW
1110
CALL
DELISTED
WW International
WW
| $26.9M | 0.01% |
712,100
+205,200
| +40% | +$5.79M |
|
1111
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$770M
| $26.9M | 0.01% |
20,700
+707
| +4% | +$957K |
|
1112
CoStar Group
CSGP
$13.3B
| $26.9M | 0.01% |
452,770
+128,920
| +40% | +$7.72M |
|
1113
CALL
Public Storage
PSA
$60.3B
| $26.9M | 0.01% |
109,500
+20,600
| +23% | +$5.17M |
|
1114
CALL
Toll Brothers
TOL
$13.9B
| $26.8M | 0.01% |
653,200
+311,600
| +91% | +$11.5M |
|
1115
PUT
Duke Energy
DUK
$94.8B
| $26.8M | 0.01% |
279,700
+128,900
| +85% | +$11.7M |
|
1116
PUT
KB Home
KBH
$3.5B
| $26.8M | 0.01% |
787,300
-732,100
| -48% | -$20.5M |
|
|
KSU
1117
CALL
DELISTED
Kansas City Southern
KSU
| $26.7M | 0.01% |
200,600
-77,100
| -28% | -$9.61M |
|
1118
PUT
MGM Resorts International
MGM
$10.9B
| $26.5M | 0.01% |
956,500
-188,600
| -16% | -$5.42M |
|
|
SGEN
1119
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $26.5M | 0.01% |
310,400
+210,900
| +212% | +$15.5M |
|
1120
CALL
Owens Corning
OC
$11.6B
| $26.4M | 0.01% |
418,200
-42,900
| -9% | -$2.46M |
|
1121
3M
MMM
$92.5B
| $26.3M | 0.01% |
191,422
-161,929
| -46% | -$22.6M |
|
|
ETFC
1122
DELISTED
E*Trade Financial Corporation
ETFC
| $26.3M | 0.01% |
601,999
-227,208
| -27% | -$10.1M |
|
|
WUBA
1123
PUT
DELISTED
58.com Inc
WUBA
| $26.3M | 0.01% |
533,100
+16,200
| +3% | +$897K |
|
1124
PUT
Vulcan Materials
VMC
$35.5B
| $26.2M | 0.01% |
173,400
-31,000
| -15% | -$4.38M |
|
|
SIVB
1125
PUT
DELISTED
SVB Financial Group
SIVB
| $26.2M | 0.01% |
125,300
+8,700
| +7% | +$1.82M |
|
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.