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 | |
|---|---|---|---|---|---|---|
1301
CALL
Cintas
CTAS
$81.9B
| $20.4M | 0.01% |
304,800
+162,400
| +114% | +$10.4M |
|
1302
Corning
GLW
$127B
| $20.3M | 0.01% |
712,045
+651,579
| +1,078% | +$19.5M |
|
1303
PUT
Itaú Unibanco
ITUB
$84.4B
| $20.3M | 0.01% |
3,316,531
-1,177,250
| -26% | -$7.64M |
|
1304
CALL
Dropbox
DBX
$7.56B
| $20.3M | 0.01% |
1,005,900
-476,300
| -32% | -$10.1M |
|
|
CERN
1305
CALL
DELISTED
Cerner Corp
CERN
| $20.3M | 0.01% |
297,600
-47,500
| -14% | -$3.36M |
|
1306
PUT
KKR & Co
KKR
$96.6B
| $20.3M | 0.01% |
755,500
+125,800
| +20% | +$3.32M |
|
1307
CALL
AstraZeneca
AZN
$263B
| $20.3M | 0.01% |
227,200
+38,800
| +21% | +$3.36M |
|
1308
Delta Air Lines
DAL
$55B
| $20.2M | 0.01% |
350,573
+277,261
| +378% | +$16.4M |
|
1309
PUT
Acadia Pharmaceuticals
ACAD
$5.27B
| $20.1M | 0.01% |
559,000
+13,200
| +2% | +$400K |
|
1310
PUT
Akamai
AKAM
$15.2B
| $20.1M | 0.01% |
220,000
-28,300
| -11% | -$2.46M |
|
1311
CALL
Diamondback Energy
FANG
$56B
| $20.1M | 0.01% |
223,400
-67,200
| -23% | -$6.68M |
|
1312
PUT
Iron Mountain
IRM
$36B
| $20M | 0.01% |
618,000
+150,000
| +32% | +$4.71M |
|
1313
CALL
Signet Jewelers
SIG
$3.29B
| $20M | 0.01% |
1,193,400
+577,500
| +94% | +$9.08M |
|
1314
AutoZone
AZO
$49.4B
| $20M | 0.01% |
18,413
+6,664
| +57% | +$7.47M |
|
|
HUYA
1315
PUT
Huya Inc
HUYA
$491M
| $19.9M | 0.01% |
843,500
+354,300
| +72% | +$8.36M |
|
1316
CALL
Consolidated Edison
ED
$39.6B
| $19.9M | 0.01% |
210,300
+54,400
| +35% | +$4.83M |
|
1317
PUT
Dillards
DDS
$9.95B
| $19.9M | 0.01% |
300,300
+178,500
| +147% | +$11.4M |
|
1318
eBay
EBAY
$47.2B
| $19.9M | 0.01% |
509,225
+307,332
| +152% | +$12.3M |
|
1319
CALL
uniQure
QURE
$3.54B
| $19.8M | 0.01% |
504,000
-97,300
| -16% | -$5.61M |
|
|
GOOS
1320
PUT
Canada Goose Holdings
GOOS
$803M
| $19.8M | 0.01% |
451,100
+37,700
| +9% | +$1.58M |
|
1321
CALL
Raymond James Financial
RJF
$33.6B
| $19.8M | 0.01% |
360,450
+90,750
| +34% | +$4.93M |
|
1322
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $19.7M | 0.01% |
102,400
-19,100
| -16% | -$3.79M |
|
1323
TSMC
TSM
$2.16T
| $19.7M | 0.01% |
423,931
-1,329,391
| -76% | -$56.7M |
|
1324
MetLife
MET
$60.9B
| $19.7M | 0.01% |
417,546
+365,796
| +707% | +$17.4M |
|
1325
PUT
Perrigo
PRGO
$2.01B
| $19.7M | 0.01% |
351,600
-43,300
| -11% | -$2.21M |
|
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.