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 | |
|---|---|---|---|---|---|---|
1726
PUT
Intercontinental Exchange
ICE
$90.9B
| $12.6M | ﹤0.01% |
136,600
+19,600
| +17% | +$1.79M |
|
1727
Zoom
ZM
$27.5B
| $12.6M | ﹤0.01% |
164,864
-28,696
| -15% | -$2.58M |
|
1728
PUT
Nutrien
NTR
$35.1B
| $12.5M | ﹤0.01% |
251,400
+1,700
| +0.7% | +$86.8K |
|
1729
PUT
Vornado Realty Trust
VNO
$7.27B
| $12.5M | ﹤0.01% |
196,500
-20,200
| -9% | -$1.27M |
|
1730
CALL
Gen Digital
GEN
$17.7B
| $12.5M | ﹤0.01% |
529,400
-76,600
| -13% | -$1.79M |
|
1731
CALL
ResMed
RMD
$34B
| $12.5M | ﹤0.01% |
92,500
+32,200
| +53% | +$4.22M |
|
1732
CALL
Western Union
WU
$2.26B
| $12.5M | ﹤0.01% |
539,100
+210,300
| +64% | +$4.54M |
|
1733
Rithm Capital
RITM
$5.63B
| $12.5M | ﹤0.01% |
796,123
+365,545
| +85% | +$5.47M |
|
1734
Cardinal Health
CAH
$55.4B
| $12.5M | ﹤0.01% |
264,480
-39,844
| -13% | -$1.82M |
|
1735
PUT
F5
FFIV
$22.6B
| $12.4M | ﹤0.01% |
88,600
-19,100
| -18% | -$2.64M |
|
1736
PUT
Teck Resources
TECK
$34.9B
| $12.4M | ﹤0.01% |
765,600
-155,200
| -17% | -$2.93M |
|
1737
CALL
Ventas
VTR
$48B
| $12.4M | ﹤0.01% |
170,000
-62,300
| -27% | -$4.42M |
|
1738
CALL
Moody's
MCO
$89.1B
| $12.4M | ﹤0.01% |
60,300
+18,900
| +46% | +$3.96M |
|
1739
PUT
AerCap
AER
$23.6B
| $12.3M | ﹤0.01% |
225,500
+59,100
| +36% | +$3.12M |
|
|
ALDR
1740
PUT
DELISTED
Alder Biopharmaceuticals
ALDR
| $12.3M | ﹤0.01% |
653,300
+612,800
| +1,513% | +$7.01M |
|
1741
CALL
NRG Energy
NRG
$24.4B
| $12.3M | ﹤0.01% |
311,000
+93,900
| +43% | +$3.39M |
|
|
AVB
1742
CALL
DELISTED
AvalonBay Communities
AVB
| $12.3M | ﹤0.01% |
57,100
+17,300
| +43% | +$3.62M |
|
1743
PBF Energy
PBF
$8.27B
| $12.3M | ﹤0.01% |
452,048
+341,644
| +309% | +$8.73M |
|
1744
CALL
Tandem Diabetes Care
TNDM
$1.49B
| $12.3M | ﹤0.01% |
208,400
-220,400
| -51% | -$14.1M |
|
|
ECOL
1745
CALL
DELISTED
US Ecology, Inc.
ECOL
| $12.3M | ﹤0.01% |
191,700
+161,400
| +533% | +$9.96M |
|
1746
CALL
iShares MSCI Japan ETF
EWJ
$22.6B
| $12.3M | ﹤0.01% |
216,000
-355,800
| -62% | -$19.5M |
|
1747
PUT
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $12.3M | ﹤0.01% |
133,800
+56,900
| +74% | +$5.21M |
|
|
WWE
1748
DELISTED
World Wrestling Entertainment
WWE
| $12.2M | ﹤0.01% |
172,061
+70,233
| +69% | +$5.03M |
|
1749
CALL
NIO
NIO
$10.9B
| $12.2M | ﹤0.01% |
7,833,100
+1,121,000
| +17% | +$3.43M |
|
1750
D.R. Horton
DHI
$41.7B
| $12.2M | ﹤0.01% |
231,787
-360,667
| -61% | -$17.2M |
|
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.