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 | |
|---|---|---|---|---|---|---|
101
Meta Platforms (Facebook)
META
$1.4T
| $543M | 0.16% |
2,644,439
-401,122
| -13% | -$77.7M |
|
102
PUT
AT&T
T
$173B
| $538M | 0.16% |
18,238,630
-1,950,384
| -10% | -$56.3M |
|
103
CALL
Roku
ROKU
$23.4B
| $535M | 0.15% |
3,994,800
+1,539,600
| +63% | +$212M |
|
104
Mastercard
MA
$509B
| $534M | 0.15% |
1,788,855
+463,838
| +35% | +$131M |
|
105
CALL
Target
TGT
$75.1B
| $527M | 0.15% |
4,114,200
+1,416,700
| +53% | +$166M |
|
106
CALL
Walmart Inc
WMT
$825B
| $522M | 0.15% |
13,170,900
+877,200
| +7% | +$34.8M |
|
107
PUT
ServiceNow
NOW
$133B
| $521M | 0.15% |
9,226,000
-244,000
| -3% | -$12.9M |
|
|
108
CALL
ServiceNow
NOW
$133B
| $511M | 0.15% |
9,051,000
+914,500
| +11% | +$48.2M |
|
109
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $506M | 0.15% |
3,735,004
+2,073,844
| +125% | +$289M |
|
110
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $503M | 0.14% |
5,722,900
+1,758,400
| +44% | +$153M |
|
111
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $501M | 0.14% |
7,092,400
+736,200
| +12% | +$48.2M |
|
112
CALL
Adobe
ADBE
$109B
| $499M | 0.14% |
1,514,300
-204,100
| -12% | -$60.1M |
|
113
PUT
Broadcom
AVGO
$1.75T
| $497M | 0.14% |
15,730,000
-7,858,000
| -33% | -$239M |
|
114
PUT
Intel
INTC
$476B
| $494M | 0.14% |
8,249,600
-1,912,500
| -19% | -$107M |
|
115
PUT
FedEx
FDX
$76.9B
| $493M | 0.14% |
3,259,200
+900,400
| +38% | +$139M |
|
116
VanEck Gold Miners ETF
GDX
$31.8B
| $482M | 0.14% |
16,465,943
-10,362
| -0.1% | -$283K |
|
117
CALL
PepsiCo
PEP
$196B
| $472M | 0.14% |
3,455,300
+1,586,600
| +85% | +$216M |
|
118
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $467M | 0.13% |
15,558,600
+9,604,000
| +161% | +$285M |
|
119
CALL
NXP Semiconductors
NXPI
$56.9B
| $466M | 0.13% |
3,658,700
+415,900
| +13% | +$48.3M |
|
120
PUT
Lam Research
LRCX
$393B
| $462M | 0.13% |
15,793,000
+466,000
| +3% | +$12.4M |
|
121
PUT
Johnson & Johnson
JNJ
$651B
| $459M | 0.13% |
3,146,600
-52,400
| -2% | -$7.11M |
|
122
CALL
Chevron
CVX
$403B
| $447M | 0.13% |
3,707,900
-276,500
| -7% | -$32.6M |
|
123
PUT
Gilead Sciences
GILD
$181B
| $447M | 0.13% |
6,876,300
+1,822,000
| +36% | +$119M |
|
124
PUT
Biogen
BIIB
$32B
| $444M | 0.13% |
1,495,400
+139,200
| +10% | +$38.6M |
|
125
PUT
McDonald's
MCD
$192B
| $443M | 0.13% |
2,242,700
+882,700
| +65% | +$175M |
|
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.