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 | |
|---|---|---|---|---|---|---|
1376
PUT
IPG Photonics
IPGP
$3.05B
| $18.6M | 0.01% |
137,200
+44,800
| +48% | +$5.93M |
|
1377
Etsy
ETSY
$7.75B
| $18.6M | 0.01% |
329,064
+261,262
| +385% | +$15.4M |
|
1378
PUT
Transocean
RIG
$6.42B
| $18.6M | 0.01% |
4,155,000
-202,300
| -5% | -$1.07M |
|
1379
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $18.5M | 0.01% |
776,732
+367,035
| +90% | +$8.82M |
|
1380
CALL
Bank of Montreal
BMO
$121B
| $18.5M | 0.01% |
250,500
+163,000
| +186% | +$11.9M |
|
|
ECOL
1381
PUT
DELISTED
US Ecology, Inc.
ECOL
| $18.4M | 0.01% |
288,400
+283,300
| +5,555% | +$17.5M |
|
1382
CALL
Albemarle
ALB
$15.7B
| $18.4M | 0.01% |
265,000
+138,100
| +109% | +$9.41M |
|
1383
SiriusXM
SIRI
$9.68B
| $18.4M | 0.01% |
293,781
-54,014
| -16% | -$3.32M |
|
|
KL
1384
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $18.4M | 0.01% |
410,060
-195,915
| -32% | -$8.94M |
|
1385
PUT
iShares US Aerospace & Defense ETF
ITA
$14B
| $18.4M | 0.01% |
163,400
+76,600
| +88% | +$8.37M |
|
1386
CALL
Williams-Sonoma
WSM
$27.6B
| $18.4M | 0.01% |
540,000
-159,200
| -23% | -$5.27M |
|
1387
CALL
Ubiquiti
UI
$34.9B
| $18.3M | 0.01% |
155,100
+23,100
| +18% | +$2.79M |
|
1388
W.P. Carey
WPC
$16.4B
| $18.3M | 0.01% |
208,766
+38,591
| +23% | +$3.29M |
|
1389
Chipotle Mexican Grill
CMG
$47.4B
| $18.3M | 0.01% |
1,088,150
-4,950
| -0.5% | -$78.9K |
|
1390
PUT
Diodes
DIOD
$4.28B
| $18.3M | 0.01% |
454,900
+337,600
| +288% | +$13.1M |
|
|
TRTN
1391
CALL
DELISTED
Triton International Limited
TRTN
| $18.3M | 0.01% |
539,600
+46,500
| +9% | +$1.52M |
|
1392
Bath & Body Works
BBWI
$3.54B
| $18.3M | 0.01% |
1,152,825
+121,356
| +12% | +$2.14M |
|
1393
CALL
Canadian Natural Resources
CNQ
$102B
| $18.2M | 0.01% |
1,398,770
+325,495
| +30% | +$4.03M |
|
1394
PUT
Ares Capital
ARCC
$14.3B
| $18.2M | 0.01% |
977,700
-196,000
| -17% | -$3.63M |
|
1395
PUT
Ciena
CIEN
$54.9B
| $18.2M | 0.01% |
464,400
+44,900
| +11% | +$1.88M |
|
1396
CALL
Incyte
INCY
$26.3B
| $18.2M | 0.01% |
245,400
-37,900
| -13% | -$3.06M |
|
1397
American Tower
AMT
$83.2B
| $18.2M | 0.01% |
82,208
-7,566
| -8% | -$1.65M |
|
|
CMA
1398
PUT
DELISTED
Comerica
CMA
| $18.1M | 0.01% |
274,800
+24,400
| +10% | +$1.62M |
|
1399
CALL
Credit Acceptance
CACC
$6.27B
| $18.1M | 0.01% |
39,300
-9,700
| -20% | -$4.58M |
|
1400
CALL
VeriSign
VRSN
$26.6B
| $18.1M | 0.01% |
96,000
+22,600
| +31% | +$4.65M |
|
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.