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 | |
|---|---|---|---|---|---|---|
1251
PUT
Lennar Class A
LEN
$21.1B
| $22.1M | 0.01% |
408,965
+10,330
| +3% | +$503K |
|
1252
CALL
Stryker
SYK
$127B
| $22M | 0.01% |
101,900
-106,200
| -51% | -$22.8M |
|
1253
MongoDB
MDB
$32.6B
| $22M | 0.01% |
182,688
-66,423
| -27% | -$9.59M |
|
|
ABMD
1254
CALL
DELISTED
Abiomed Inc
ABMD
| $22M | 0.01% |
123,700
+10,600
| +9% | +$2.29M |
|
1255
CALL
Boston Scientific
BSX
$72.3B
| $22M | 0.01% |
540,600
-683,100
| -56% | -$28.9M |
|
|
CZR
1256
DELISTED
Caesars Entertainment Corporation
CZR
| $22M | 0.01% |
1,882,708
-93,296
| -5% | -$1.09M |
|
|
BZUN
1257
CALL
Baozun
BZUN
$165M
| $21.9M | 0.01% |
513,000
-438,600
| -46% | -$20.8M |
|
1258
Weibo
WB
$1.75B
| $21.9M | 0.01% |
488,935
+291,910
| +148% | +$12.4M |
|
1259
PUT
Lumentum
LITE
$79.4B
| $21.8M | 0.01% |
406,400
+30,200
| +8% | +$1.7M |
|
1260
Uber
UBER
$164B
| $21.7M | 0.01% |
713,077
-56,704
| -7% | -$2.13M |
|
1261
CALL
Enphase Energy
ENPH
$4.94B
| $21.7M | 0.01% |
976,700
+102,900
| +12% | +$2.64M |
|
|
MOMO
1262
PUT
Hello Group
MOMO
$853M
| $21.6M | 0.01% |
698,700
+240,000
| +52% | +$8.15M |
|
1263
iShares MSCI Taiwan ETF
EWT
$11.4B
| $21.6M | 0.01% |
592,733
+359,458
| +154% | +$12.7M |
|
1264
CALL
BioMarin Pharmaceuticals
BMRN
$12.8B
| $21.5M | 0.01% |
319,600
+5,600
| +2% | +$431K |
|
1265
CALL
Aon
AON
$75.3B
| $21.5M | 0.01% |
111,100
+73,600
| +196% | +$14.2M |
|
1266
PUT
iShares TIPS Bond ETF
TIP
$15.1B
| $21.5M | 0.01% |
184,800
-114,100
| -38% | -$13.2M |
|
1267
Nutanix
NTNX
$18B
| $21.4M | 0.01% |
816,873
+516,945
| +172% | +$12.2M |
|
|
1268
CALL
Lumentum
LITE
$79.4B
| $21.4M | 0.01% |
399,600
-92,000
| -19% | -$5.19M |
|
|
BNY
1269
Bank of New York Mellon
BNY
$111B
| $21.3M | 0.01% |
471,155
-61,254
| -12% | -$2.73M |
|
1270
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$375M
| $21.3M | 0.01% |
210,016
+7,872
| +4% | +$883K |
|
1271
CALL
DaVita
DVA
$11.3B
| $21.3M | 0.01% |
372,600
-165,300
| -31% | -$9.6M |
|
1272
CALL
PACCAR
PCAR
$68B
| $21.2M | 0.01% |
454,800
+202,500
| +80% | +$9.24M |
|
1273
PUT
BlackBerry
BB
$4.57B
| $21.2M | 0.01% |
4,042,200
+274,100
| +7% | +$1.92M |
|
1274
CALL
International Flavors & Fragrances
IFF
$22.2B
| $21.2M | 0.01% |
172,500
-65,300
| -27% | -$8.33M |
|
1275
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $21.2M | 0.01% |
786,300
-81,600
| -9% | -$2.19M |
|
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.