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 | |
|---|---|---|---|---|---|---|
|
NVO
1551
PUT
Novo Nordisk
NVO
$208B
| $15M | 0.01% |
580,400
+358,800
| +162% | +$9.07M |
|
|
SIVB
1552
CALL
DELISTED
SVB Financial Group
SIVB
| $15M | 0.01% |
71,800
+37,500
| +109% | +$7.86M |
|
1553
L3Harris
LHX
$48.8B
| $15M | 0.01% |
71,807
+58,247
| +430% | +$11.9M |
|
1554
CALL
Mid-America Apartment Communities
MAA
$15.4B
| $15M | 0.01% |
115,200
+45,600
| +66% | +$5.67M |
|
1555
PUT
Teradyne
TER
$56.5B
| $15M | 0.01% |
258,600
+176,400
| +215% | +$9.34M |
|
1556
International Flavors & Fragrances
IFF
$22.3B
| $14.9M | 0.01% |
121,692
+91,705
| +306% | +$11.7M |
|
1557
PUT
Galicia Financial Group
GGAL
$7.03B
| $14.9M | 0.01% |
1,146,700
+455,000
| +66% | +$10.7M |
|
1558
PUT
Melco Resorts & Entertainment
MLCO
$2.06B
| $14.9M | 0.01% |
767,000
-162,400
| -17% | -$3.53M |
|
|
RESI
1559
CALL
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $14.9M | 0.01% |
1,286,800
-15,700
| -1% | -$182K |
|
1560
Valero Energy
VLO
$100B
| $14.9M | 0.01% |
174,248
+107,727
| +162% | +$8.71M |
|
1561
PUT
Moody's
MCO
$89.1B
| $14.8M | 0.01% |
72,500
+2,700
| +4% | +$566K |
|
1562
CALL
Live Nation Entertainment
LYV
$42.8B
| $14.8M | 0.01% |
223,400
+130,900
| +142% | +$9.15M |
|
1563
CALL
Willis Towers Watson
WTW
$32.1B
| $14.8M | 0.01% |
76,800
-2,600
| -3% | -$508K |
|
|
PLAN
1564
PUT
DELISTED
Anaplan, Inc.
PLAN
| $14.8M | 0.01% |
315,000
+151,800
| +93% | +$8.24M |
|
1565
Centene
CNC
$33B
| $14.8M | 0.01% |
341,957
-384,304
| -53% | -$18.7M |
|
1566
First Majestic Silver
AG
$10.4B
| $14.8M | ﹤0.01% |
1,624,745
+665,448
| +69% | +$6.5M |
|
|
BLD
1567
PUT
DELISTED
TopBuild
BLD
| $14.7M | ﹤0.01% |
152,900
+26,900
| +21% | +$2.38M |
|
1568
CALL
Old National Bancorp
ONB
$9.89B
| $14.7M | ﹤0.01% |
856,800
-616,500
| -42% | -$10.5M |
|
1569
PUT
Penumbra
PEN
$12.7B
| $14.7M | ﹤0.01% |
109,600
+65,800
| +150% | +$10.2M |
|
1570
PUT
Elastic
ESTC
$8.28B
| $14.7M | ﹤0.01% |
178,800
+34,700
| +24% | +$3.08M |
|
1571
PUT
M&T Bank
MTB
$34.9B
| $14.7M | ﹤0.01% |
92,800
+69,500
| +298% | +$10.9M |
|
1572
CALL
Scorpio Tankers
STNG
$3.75B
| $14.6M | ﹤0.01% |
491,100
+41,500
| +9% | +$1.14M |
|
|
DWT
1573
DELISTED
VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER
DWT
| $14.6M | ﹤0.01% |
+2,647,708
| New | +$16.7M |
|
1574
CALL
Vanguard Morningstar Growth ETF
VUG
$224B
| $14.6M | ﹤0.01% |
526,800
+357,000
| +210% | +$9.9M |
|
1575
CALL
Copart
CPRT
$30.4B
| $14.6M | ﹤0.01% |
726,800
+243,600
| +50% | +$4.73M |
|
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.