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 | |
|---|---|---|---|---|---|---|
|
CRC
1926
CALL
DELISTED
California Resources Corporation
CRC
| $10.2M | ﹤0.01% |
998,300
-1,600
| -0.2% | -$20.5K |
|
1927
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$68.1M
| $10.2M | ﹤0.01% |
494
-137
| -22% | -$2.76M |
|
1928
PUT
Caesars Entertainment
CZR
$6.04B
| $10.2M | ﹤0.01% |
254,700
-59,500
| -19% | -$2.53M |
|
|
AVLR
1929
PUT
DELISTED
Avalara, Inc.
AVLR
| $10.2M | ﹤0.01% |
150,900
+124,900
| +480% | +$10.1M |
|
1930
PUT
AGNC Investment
AGNC
$12.8B
| $10.1M | ﹤0.01% |
629,600
+80,100
| +15% | +$1.31M |
|
1931
PUT
Cooper Companies
COO
$14.2B
| $10.1M | ﹤0.01% |
136,400
+76,000
| +126% | +$6.13M |
|
1932
Burlington
BURL
$19.8B
| $10.1M | ﹤0.01% |
50,655
-256
| -0.5% | -$47.1K |
|
1933
Carlyle Group
CG
$17.5B
| $10.1M | ﹤0.01% |
395,597
+104,395
| +36% | +$2.5M |
|
1934
PUT
Zions Bancorporation
ZION
$9.97B
| $10.1M | ﹤0.01% |
227,100
+5,100
| +2% | +$220K |
|
1935
PUT
Invesco
IVZ
$14.6B
| $10.1M | ﹤0.01% |
596,300
+141,800
| +31% | +$2.5M |
|
1936
American Eagle Outfitters
AEO
$2.95B
| $10.1M | ﹤0.01% |
622,733
+356,074
| +134% | +$5.94M |
|
1937
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $10.1M | ﹤0.01% |
37,511
-665
| -2% | -$177K |
|
1938
CALL
Appian
APPN
$2.75B
| $10.1M | ﹤0.01% |
212,500
+107,500
| +102% | +$5.03M |
|
1939
PUT
Travelers Companies
TRV
$77.4B
| $10.1M | ﹤0.01% |
67,700
-44,600
| -40% | -$6.63M |
|
|
SFIX
1940
Stitch Fix
SFIX
$423M
| $10.1M | ﹤0.01% |
522,089
+113,271
| +28% | +$2.63M |
|
1941
Equity Lifestyle Properties
ELS
$12.5B
| $10M | ﹤0.01% |
149,858
+8,700
| +6% | +$567K |
|
1942
CALL
SS&C Technologies
SSNC
$19.5B
| $10M | ﹤0.01% |
194,100
+79,700
| +70% | +$4.07M |
|
1943
PUT
Nexstar Media Group
NXST
$5.72B
| $10M | ﹤0.01% |
97,800
+57,700
| +144% | +$5.84M |
|
1944
CALL
iShares MSCI United Kingdom ETF
EWU
$3.84B
| $10M | ﹤0.01% |
318,100
-12,800
| -4% | -$399K |
|
1945
Seagate
STX
$192B
| $9.97M | ﹤0.01% |
185,416
+139,667
| +305% | +$6.85M |
|
|
NVTA
1946
DELISTED
Invitae Corporation
NVTA
| $9.97M | ﹤0.01% |
517,610
+164,955
| +47% | +$3.89M |
|
1947
CALL
Eagle Materials
EXP
$6.14B
| $9.96M | ﹤0.01% |
110,600
-194,900
| -64% | -$16.7M |
|
1948
iShares Russell 1000 Value ETF
IWD
$84.3B
| $9.94M | ﹤0.01% |
77,523
-122,804
| -61% | -$15.6M |
|
1949
CALL
GoPro
GPRO
$110M
| $9.93M | ﹤0.01% |
1,915,900
-302,800
| -14% | -$1.42M |
|
|
1950
Invesco
IVZ
$14.6B
| $9.93M | ﹤0.01% |
586,338
+244,701
| +72% | +$4.32M |
|
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.