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 | |
|---|---|---|---|---|---|---|
1951
PUT
Lincoln National
LNC
$8.29B
| $11.1M | ﹤0.01% |
188,900
+32,900
| +21% | +$1.94M |
|
1952
PUT
Madrigal Pharmaceuticals
MDGL
$12.5B
| $11.1M | ﹤0.01% |
122,300
+79,600
| +186% | +$7.72M |
|
1953
PUT
Hewlett Packard
HPE
$73.1B
| $11.1M | ﹤0.01% |
700,100
+394,500
| +129% | +$6.3M |
|
1954
Booz Allen Hamilton
BAH
$8.93B
| $11.1M | ﹤0.01% |
156,071
-26,948
| -15% | -$1.92M |
|
1955
PUT
McCormick & Company Non-Voting
MKC
$14.8B
| $11.1M | ﹤0.01% |
130,800
-38,600
| -23% | -$3.19M |
|
|
CEO
1956
CALL
DELISTED
CNOOC Limited
CEO
| $11.1M | ﹤0.01% |
66,600
+21,800
| +49% | +$3.34M |
|
1957
Allstate
ALL
$66.2B
| $11.1M | ﹤0.01% |
98,509
+91,545
| +1,315% | +$9.99M |
|
1958
Fidelity National Financial
FNF
$12.7B
| $11M | ﹤0.01% |
252,771
-18,455
| -7% | -$819K |
|
1959
FTI Consulting
FCN
$4.19B
| $11M | ﹤0.01% |
99,536
+59,710
| +150% | +$6.53M |
|
1960
PUT
Huntington Ingalls Industries
HII
$11.7B
| $11M | ﹤0.01% |
43,900
+1,400
| +3% | +$332K |
|
|
ECOL
1961
PUT
DELISTED
US Ecology, Inc.
ECOL
| $11M | ﹤0.01% |
190,100
-98,300
| -34% | -$5.83M |
|
|
WPX
1962
CALL
DELISTED
WPX Energy, Inc.
WPX
| $11M | ﹤0.01% |
801,100
+293,700
| +58% | +$3.13M |
|
1963
Exelon
EXC
$45.8B
| $11M | ﹤0.01% |
+338,455
| New | +$11M |
|
1964
Hecla Mining
HL
$13.9B
| $11M | ﹤0.01% |
3,246,340
-312,771
| -9% | -$767K |
|
1965
PUT
iShares MSCI United Kingdom ETF
EWU
$3.84B
| $11M | ﹤0.01% |
322,700
+109,400
| +51% | +$3.56M |
|
1966
PUT
KeyCorp
KEY
$23.6B
| $11M | ﹤0.01% |
543,400
-256,000
| -32% | -$4.83M |
|
1967
iShares MSCI Mexico ETF
EWW
$1.8B
| $11M | ﹤0.01% |
243,967
+181,451
| +290% | +$8.05M |
|
|
AUY
1968
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $11M | ﹤0.01% |
2,779,300
+695,500
| +33% | +$2.44M |
|
1969
TransUnion
TRU
$16.2B
| $11M | ﹤0.01% |
128,225
-6,629
| -5% | -$552K |
|
|
JOYY
1970
CALL
JOYY Inc
JOYY
$3.77B
| $11M | ﹤0.01% |
207,600
-42,300
| -17% | -$2.49M |
|
1971
PUT
Aurinia Pharmaceuticals
AUPH
$2.2B
| $10.9M | ﹤0.01% |
540,300
-200,900
| -27% | -$1.85M |
|
|
NBL
1972
DELISTED
Noble Energy, Inc.
NBL
| $10.9M | ﹤0.01% |
439,758
+13,689
| +3% | +$291K |
|
1973
PUT
Omega Healthcare
OHI
$14.2B
| $10.9M | ﹤0.01% |
257,700
-6,500
| -2% | -$275K |
|
1974
Tandem Diabetes Care
TNDM
$1.49B
| $10.9M | ﹤0.01% |
183,072
+5,915
| +3% | +$365K |
|
1975
CALL
Aptiv
APTV
$9.61B
| $10.9M | ﹤0.01% |
114,900
-44,600
| -28% | -$4.08M |
|
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.