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 | |
|---|---|---|---|---|---|---|
176
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $276M | 0.09% |
6,849,600
+2,936,600
| +75% | +$117M |
|
177
CALL
Union Pacific
UNP
$183B
| $273M | 0.09% |
1,687,100
+437,500
| +35% | +$73.6M |
|
178
Gilead Sciences
GILD
$181B
| $273M | 0.09% |
4,306,055
+129,652
| +3% | +$8.48M |
|
179
CALL
Workday
WDAY
$49.4B
| $272M | 0.09% |
1,603,100
+464,100
| +41% | +$89.6M |
|
|
AGN
180
CALL
DELISTED
Allergan plc
AGN
| $271M | 0.09% |
1,613,000
-125,800
| -7% | -$20.5M |
|
181
ServiceNow
NOW
$133B
| $270M | 0.09% |
5,326,990
+862,805
| +19% | +$46.9M |
|
182
CALL
Western Digital
WDC
$166B
| $270M | 0.09% |
5,995,571
+1,038,555
| +21% | +$44.3M |
|
183
CALL
Biogen
BIIB
$32B
| $269M | 0.09% |
1,154,900
+175,000
| +18% | +$40.7M |
|
184
PUT
Cisco
CSCO
$438B
| $268M | 0.09% |
5,423,000
+1,247,400
| +30% | +$64.8M |
|
|
RTN
185
CALL
DELISTED
Raytheon Company
RTN
| $267M | 0.09% |
1,360,500
+1,084,000
| +392% | +$201M |
|
186
PUT
Amgen
AMGN
$238B
| $267M | 0.09% |
1,378,800
-621,300
| -31% | -$119M |
|
187
CALL
CVS Health
CVS
$119B
| $266M | 0.09% |
4,224,200
+275,000
| +7% | +$16.3M |
|
|
CELG
188
PUT
DELISTED
Celgene Corp
CELG
| $265M | 0.09% |
2,673,500
-28,800
| -1% | -$2.74M |
|
189
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $261M | 0.09% |
9,335,300
+4,037,200
| +76% | +$111M |
|
|
190
Alphabet (Google) Class C
GOOG
$4.18T
| $258M | 0.09% |
4,232,380
-4,149,520
| -50% | -$246M |
|
191
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $257M | 0.09% |
2,744,500
+1,178,300
| +75% | +$107M |
|
192
CALL
PepsiCo
PEP
$196B
| $256M | 0.09% |
1,868,700
-920,000
| -33% | -$122M |
|
|
193
UnitedHealth
UNH
$350B
| $253M | 0.08% |
1,164,398
+782,040
| +205% | +$189M |
|
194
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $253M | 0.08% |
2,826,650
+480,075
| +20% | +$45.2M |
|
195
PUT
GE Aerospace
GE
$361B
| $252M | 0.08% |
5,648,041
-572,457
| -9% | -$26.9M |
|
196
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $250M | 0.08% |
164,717
+38,404
| +30% | +$61.1M |
|
197
CALL
AutoZone
AZO
$48.3B
| $250M | 0.08% |
230,500
+76,000
| +49% | +$85.2M |
|
198
PUT
Blackrock
BLK
$179B
| $250M | 0.08% |
560,900
+98,300
| +21% | +$43.8M |
|
199
CALL
Nike
NKE
$60.5B
| $250M | 0.08% |
2,660,700
+628,700
| +31% | +$53.9M |
|
200
CALL
Roku
ROKU
$23.4B
| $250M | 0.08% |
2,455,200
+461,400
| +23% | +$56.4M |
|
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.