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 | |
|---|---|---|---|---|---|---|
1526
PUT
NovoCure
NVCR
$2.05B
| $15.4M | 0.01% |
206,500
+44,400
| +27% | +$3.55M |
|
1527
PUT
Coherent
COHR
$56.4B
| $15.4M | 0.01% |
438,500
+320,500
| +272% | +$12.2M |
|
1528
Paycom
PAYC
$10.4B
| $15.4M | 0.01% |
73,499
+33,844
| +85% | +$7.91M |
|
1529
PUT
iShares US Home Construction ETF
ITB
$2.29B
| $15.4M | 0.01% |
354,700
-235,500
| -40% | -$9.44M |
|
|
MZTI
1530
PUT
The Marzetti Company
MZTI
$3.2B
| $15.3M | 0.01% |
110,600
-3,800
| -3% | -$565K |
|
1531
PUT
Rio Tinto
RIO
$174B
| $15.3M | 0.01% |
294,300
-296,200
| -50% | -$16.1M |
|
1532
CALL
Bread Financial
BFH
$4.14B
| $15.3M | 0.01% |
149,859
+54,506
| +57% | +$6.14M |
|
1533
Transocean
RIG
$6.42B
| $15.3M | 0.01% |
3,425,781
-465,462
| -12% | -$2.47M |
|
1534
CALL
British American Tobacco
BTI
$122B
| $15.3M | 0.01% |
414,500
+15,800
| +4% | +$578K |
|
1535
PUT
Ecolab
ECL
$81.2B
| $15.2M | 0.01% |
77,000
+44,800
| +139% | +$8.98M |
|
1536
PUT
Dominion Energy
D
$58.9B
| $15.2M | 0.01% |
188,100
-15,100
| -7% | -$1.17M |
|
1537
CALL
MSCI
MSCI
$41B
| $15.2M | 0.01% |
70,000
+10,100
| +17% | +$2.34M |
|
1538
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $15.2M | 0.01% |
188,664
+116,400
| +161% | +$9.39M |
|
1539
CALL
Deutsche Bank
DB
$73.4B
| $15.2M | 0.01% |
2,028,900
+161,700
| +9% | +$1.23M |
|
1540
PUT
MarketAxess Holdings
MKTX
$5.72B
| $15.2M | 0.01% |
46,400
+19,500
| +72% | +$6.98M |
|
1541
PUT
Chewy
CHWY
$10.1B
| $15.1M | 0.01% |
616,100
+464,300
| +306% | +$14.6M |
|
|
AVLR
1542
CALL
DELISTED
Avalara, Inc.
AVLR
| $15.1M | 0.01% |
224,700
+158,400
| +239% | +$12.8M |
|
|
LSXMA
1543
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $15.1M | 0.01% |
503,243
+223,142
| +80% | +$6.52M |
|
1544
PUT
Southern Company
SO
$103B
| $15.1M | 0.01% |
244,400
+43,400
| +22% | +$2.52M |
|
1545
PUT
ArcelorMittal
MT
$55.5B
| $15.1M | 0.01% |
1,060,100
+366,600
| +53% | +$5.63M |
|
|
CLR
1546
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $15.1M | 0.01% |
490,100
+27,400
| +6% | +$926K |
|
1547
Banco Bradesco
BBD
$35.4B
| $15M | 0.01% |
2,460,006
+2,094,745
| +573% | +$13.9M |
|
1548
US Bancorp
USB
$97.2B
| $15M | 0.01% |
271,865
-1,447,000
| -84% | -$78.2M |
|
|
SAFM
1549
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $15M | 0.01% |
99,200
+6,600
| +7% | +$941K |
|
|
AYX
1550
DELISTED
Alteryx Inc
AYX
| $15M | 0.01% |
139,715
+101,272
| +263% | +$12.6M |
|
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.