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 | |
|---|---|---|---|---|---|---|
1651
CALL
PRA Group
PRAA
$732M
| $13.5M | ﹤0.01% |
399,700
+84,600
| +27% | +$2.69M |
|
1652
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.99B
| $13.5M | ﹤0.01% |
+340,516
| New | +$13.4M |
|
1653
Elanco Animal Health
ELAN
$12.5B
| $13.5M | ﹤0.01% |
507,379
+388,843
| +328% | +$11.7M |
|
|
SGI
1654
CALL
Somnigroup International
SGI
$13.2B
| $13.5M | ﹤0.01% |
698,400
-1,584,800
| -69% | -$30.4M |
|
1655
PUT
Harley-Davidson
HOG
$2.9B
| $13.5M | ﹤0.01% |
374,400
+126,300
| +51% | +$4.33M |
|
1656
PUT
Yeti Holdings
YETI
$3.05B
| $13.5M | ﹤0.01% |
480,700
+163,100
| +51% | +$4.95M |
|
1657
Ionis Pharmaceuticals
IONS
$10.5B
| $13.4M | ﹤0.01% |
224,395
+33,279
| +17% | +$2.17M |
|
1658
PUT
National Health Investors
NHI
$3.6B
| $13.4M | ﹤0.01% |
162,900
-35,700
| -18% | -$2.91M |
|
1659
PUT
Canadian Natural Resources
CNQ
$102B
| $13.4M | ﹤0.01% |
1,028,760
+301,604
| +41% | +$3.74M |
|
1660
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$721M
| $13.4M | ﹤0.01% |
21,690
+480
| +2% | +$399K |
|
1661
PUT
Medifast
MED
$137M
| $13.4M | ﹤0.01% |
129,200
+37,900
| +42% | +$4.07M |
|
1662
CALL
Cencora
COR
$62.6B
| $13.4M | ﹤0.01% |
162,500
-103,800
| -39% | -$8.92M |
|
1663
PUT
Air Products & Chemicals
APD
$68.3B
| $13.4M | ﹤0.01% |
60,300
+100
| +0.2% | +$22.5K |
|
1664
PUT
Hilton Worldwide
HLT
$74.8B
| $13.4M | ﹤0.01% |
143,500
+42,100
| +42% | +$4M |
|
|
CY
1665
CALL
DELISTED
Cypress Semiconductor
CY
| $13.4M | ﹤0.01% |
572,300
-338,900
| -37% | -$7.75M |
|
1666
CALL
Pan American Silver
PAAS
$21.8B
| $13.4M | ﹤0.01% |
851,500
+209,200
| +33% | +$3.39M |
|
1667
CALL
Pultegroup
PHM
$24.8B
| $13.3M | ﹤0.01% |
364,200
-156,800
| -30% | -$5.22M |
|
1668
CALL
Xerox
XRX
$391M
| $13.3M | ﹤0.01% |
444,300
+218,300
| +97% | +$6.84M |
|
1669
CALL
NCR Voyix
VYX
$1.23B
| $13.3M | ﹤0.01% |
685,741
+66,341
| +11% | +$1.28M |
|
|
XEC
1670
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $13.3M | ﹤0.01% |
276,500
-4,200
| -1% | -$199K |
|
1671
Blackstone
BX
$107B
| $13.3M | ﹤0.01% |
271,318
-357,563
| -57% | -$17.4M |
|
1672
PUT
McCormick & Company Non-Voting
MKC
$14.8B
| $13.2M | ﹤0.01% |
169,400
-52,000
| -23% | -$4.18M |
|
1673
PUT
Guidewire Software
GWRE
$15.9B
| $13.2M | ﹤0.01% |
125,500
+119,500
| +1,992% | +$12M |
|
1674
NetEase
NTES
$79B
| $13.2M | ﹤0.01% |
247,945
+23,020
| +10% | +$1.17M |
|
1675
PUT
Everest Group
EG
$14.6B
| $13.2M | ﹤0.01% |
49,600
+42,400
| +589% | +$10.7M |
|
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.