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 |
Boeing
BA
|
+$1.33B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$781M |
| 3 |
Tesla
TSLA
|
+$468M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$467M |
| 5 |
Home Depot
HD
|
+$344M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.36B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$860M |
| 3 |
Bank of America
BAC
|
+$413M |
| 4 |
Advanced Micro Devices
AMD
|
+$283M |
| 5 |
Salesforce
CRM
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.2% |
| 2 | Consumer Discretionary | 1.94% |
| 3 | Communication Services | 1.89% |
| 4 | Healthcare | 1.12% |
| 5 | Financials | 1.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
PUT
Repligen
RGEN
$10.2B
| $11.6M | ﹤0.01% |
125,400
-42,300
| -25% | -$3.55M |
|
1902
PUT
OSI Systems
OSIS
$3.36B
| $11.6M | ﹤0.01% |
115,100
-10,100
| -8% | -$998K |
|
1903
Teladoc Health
TDOC
$1.15B
| $11.6M | ﹤0.01% |
138,433
+104,866
| +312% | +$7.98M |
|
1904
CALL
Datadog
DDOG
$81.8B
| $11.6M | ﹤0.01% |
+306,600
| New | +$11M |
|
1905
PUT
Norwegian Cruise Line
NCLH
$7.85B
| $11.6M | ﹤0.01% |
198,200
+40,900
| +26% | +$2.16M |
|
1906
CALL
Dropbox
DBX
$7.57B
| $11.6M | ﹤0.01% |
646,300
-359,600
| -36% | -$6.77M |
|
|
VER
1907
DELISTED
VEREIT, Inc.
VER
| $11.6M | ﹤0.01% |
250,429
+239,154
| +2,121% | +$11.5M |
|
1908
Equitable Holdings
EQH
$13.6B
| $11.6M | ﹤0.01% |
466,499
+44,589
| +11% | +$1.03M |
|
|
SAVE
1909
DELISTED
Spirit Airlines, Inc.
SAVE
| $11.6M | ﹤0.01% |
286,686
+153,338
| +115% | +$5.83M |
|
1910
DexCom
DXCM
$33.6B
| $11.6M | ﹤0.01% |
211,204
+97,640
| +86% | +$4.63M |
|
1911
Berkshire Hathaway Class A
BRK.A
$1.08T
| $11.5M | ﹤0.01% |
34
-47
| -58% | -$15.3M |
|
1912
PUT
IPG Photonics
IPGP
$3.16B
| $11.5M | ﹤0.01% |
79,600
-57,600
| -42% | -$8.02M |
|
1913
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $11.5M | ﹤0.01% |
91,700
+87,900
| +2,313% | +$11.1M |
|
1914
Alaska Air
ALK
$4.8B
| $11.5M | ﹤0.01% |
169,923
+38,111
| +29% | +$2.6M |
|
1915
American Electric Power
AEP
$67.2B
| $11.5M | ﹤0.01% |
121,730
+118,789
| +4,039% | +$11M |
|
1916
Cboe Global Markets
CBOE
$32.6B
| $11.5M | ﹤0.01% |
95,859
+21,092
| +28% | +$2.47M |
|
1917
Plains All American Pipeline
PAA
$18.1B
| $11.5M | ﹤0.01% |
624,647
+243,458
| +64% | +$4.47M |
|
1918
EPAM Systems
EPAM
$5.64B
| $11.5M | ﹤0.01% |
54,135
-2,521
| -4% | -$496K |
|
1919
PUT
Regions Financial
RF
$26.2B
| $11.5M | ﹤0.01% |
668,900
+331,400
| +98% | +$5.46M |
|
1920
CALL
Cooper Companies
COO
$14.2B
| $11.5M | ﹤0.01% |
142,800
-21,200
| -13% | -$1.6M |
|
|
1921
PUT
Cooper Companies
COO
$14.2B
| $11.5M | ﹤0.01% |
142,800
+6,400
| +5% | +$483K |
|
1922
PUT
Vornado Realty Trust
VNO
$7.27B
| $11.5M | ﹤0.01% |
172,400
-24,100
| -12% | -$1.56M |
|
1923
CALL
Crown Castle
CCI
$32.1B
| $11.5M | ﹤0.01% |
80,600
-388,000
| -83% | -$52.9M |
|
1924
Hilton Worldwide
HLT
$74.8B
| $11.4M | ﹤0.01% |
103,208
+96,295
| +1,393% | +$9.66M |
|
1925
O'Reilly Automotive
ORLY
$72.4B
| $11.4M | ﹤0.01% |
391,485
-145,830
| -27% | -$4.17M |
|
Similar funds
Jeff Yass's Q4 2019 Portfolio in Review
As of Q4 2019, Jeff Yass held 11,328 positions worth $347B, up 16% from $298B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass deployed $12.7B of net new capital in Q4 2019, opening 1,232 new positions and adding to 3,827 existing holdings. Its largest new stake was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Amazon, an estimated $1.36B trimmed.
- Jeff Yass's largest Q4 2019 buy was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
- Jeff Yass added most to Boeing in Q4 2019, an estimated $1.33B increase.
- Jeff Yass's biggest Q4 2019 reduction was Amazon, cutting an estimated $1.36B.
- Jeff Yass fully exited Celgene Corp in Q4 2019, selling an estimated $164M.
- Jeff Yass's ten largest holdings make up 26% of its $347B portfolio in Q4 2019.
- Jeff Yass opened 1,232 new positions and closed 1,709 in Q4 2019.
- Jeff Yass's portfolio value rose 16% quarter-over-quarter to $347B.
Based on Susquehanna International Group's 13F filing for Q4 2019, filed 14 Feb 2020.