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 | |
|---|---|---|---|---|---|---|
1276
CALL
Canadian Solar
CSIQ
$970M
| $21.1M | 0.01% |
1,119,000
+13,800
| +1% | +$300K |
|
1277
iShares Core US Aggregate Bond ETF
AGG
$139B
| $21.1M | 0.01% |
186,350
-313,324
| -63% | -$35.2M |
|
1278
PUT
Molina Healthcare
MOH
$10.4B
| $21M | 0.01% |
191,700
+21,600
| +13% | +$2.8M |
|
1279
CALL
Crown Holdings
CCK
$13.1B
| $21M | 0.01% |
318,300
+261,300
| +458% | +$16.7M |
|
1280
Cheniere Energy
LNG
$57.6B
| $21M | 0.01% |
332,592
+3,944
| +1% | +$253K |
|
1281
CALL
T. Rowe Price
TROW
$24.1B
| $21M | 0.01% |
183,400
-12,700
| -6% | -$1.41M |
|
1282
CALL
VF Corp
VFC
$5.44B
| $20.9M | 0.01% |
235,300
-94,900
| -29% | -$8.11M |
|
|
MNDT
1283
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $20.9M | 0.01% |
1,569,533
+882,051
| +128% | +$12.5M |
|
1284
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $20.9M | 0.01% |
76,800
+22,900
| +42% | +$6.22M |
|
1285
Bunge Global
BG
$21.5B
| $20.9M | 0.01% |
369,568
-136,413
| -27% | -$7.62M |
|
1286
PUT
Levi Strauss
LEVI
$8.12B
| $20.9M | 0.01% |
1,096,200
+814,900
| +290% | +$15.1M |
|
|
CTXS
1287
PUT
DELISTED
Citrix Systems Inc
CTXS
| $20.8M | 0.01% |
215,900
-755,300
| -78% | -$72.3M |
|
1288
Okta
OKTA
$22.7B
| $20.8M | 0.01% |
211,075
+151,300
| +253% | +$18.9M |
|
1289
CALL
PVH
PVH
$3.44B
| $20.8M | 0.01% |
235,300
+162,300
| +222% | +$13.6M |
|
1290
Palo Alto Networks
PANW
$277B
| $20.6M | 0.01% |
607,590
-1,372,482
| -69% | -$48.6M |
|
1291
CALL
Ball Corp
BALL
$17B
| $20.6M | 0.01% |
283,100
-67,100
| -19% | -$5M |
|
|
AMTD
1292
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $20.6M | 0.01% |
440,700
+102,600
| +30% | +$4.92M |
|
1293
PUT
Essex Property Trust
ESS
$18.8B
| $20.6M | 0.01% |
63,000
-11,000
| -15% | -$3.44M |
|
1294
CALL
iShares S&P 500 Growth ETF
IVW
$76.1B
| $20.6M | 0.01% |
457,200
-5,200
| -1% | -$235K |
|
|
COHR
1295
PUT
DELISTED
Coherent Inc
COHR
| $20.6M | 0.01% |
133,700
+23,300
| +21% | +$3.37M |
|
1296
CALL
Rockwell Automation
ROK
$47.7B
| $20.6M | 0.01% |
124,700
-56,000
| -31% | -$8.85M |
|
1297
PUT
Pan American Silver
PAAS
$22.5B
| $20.5M | 0.01% |
1,309,000
+654,600
| +100% | +$10.6M |
|
1298
PUT
Owens Corning
OC
$11.6B
| $20.5M | 0.01% |
324,400
-39,700
| -11% | -$2.27M |
|
1299
CALL
Lincoln National
LNC
$8.16B
| $20.5M | 0.01% |
339,500
+258,600
| +320% | +$15.5M |
|
1300
PUT
Tandem Diabetes Care
TNDM
$1.5B
| $20.5M | 0.01% |
346,900
+53,900
| +18% | +$3.44M |
|
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.