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 | |
|---|---|---|---|---|---|---|
176
CALL
Verizon
VZ
$205B
| $323M | 0.09% |
5,256,000
-857,500
| -14% | -$51.7M |
|
177
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $321M | 0.09% |
4,542,800
-445,600
| -9% | -$29.2M |
|
178
PUT
Amgen
AMGN
$238B
| $317M | 0.09% |
1,315,100
-63,700
| -5% | -$14M |
|
179
PUT
SPDR Gold Trust
GLD
$152B
| $308M | 0.09% |
2,157,000
-2,052,900
| -49% | -$287M |
|
180
CALL
Intuitive Surgical
ISRG
$134B
| $306M | 0.09% |
1,554,900
+214,200
| +16% | +$40.1M |
|
181
PUT
RH
RH
$2.9B
| $305M | 0.09% |
1,427,200
+95,100
| +7% | +$18.6M |
|
182
PUT
ExxonMobil
XOM
$679B
| $304M | 0.09% |
4,351,300
+1,400,200
| +47% | +$96.8M |
|
183
PUT
Merck
MRK
$376B
| $304M | 0.09% |
3,497,595
+387,655
| +12% | +$31.8M |
|
|
184
CALL
ExxonMobil
XOM
$679B
| $302M | 0.09% |
4,333,600
-1,549,900
| -26% | -$107M |
|
185
CALL
Marathon Petroleum
MPC
$101B
| $301M | 0.09% |
4,998,300
+1,298,000
| +35% | +$81.2M |
|
186
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $301M | 0.09% |
9,231,600
+1,352,000
| +17% | +$40.2M |
|
187
Mercado Libre
MELI
$97.5B
| $298M | 0.09% |
521,195
-434,938
| -45% | -$241M |
|
188
PUT
Blackstone
BX
$108B
| $298M | 0.09% |
5,322,200
-795,500
| -13% | -$41.3M |
|
189
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $295M | 0.09% |
6,334,500
+3,438,000
| +119% | +$152M |
|
190
Bristol-Myers Squibb
BMY
$137B
| $294M | 0.08% |
4,572,353
+1,364,167
| +43% | +$78.1M |
|
191
CALL
Cisco
CSCO
$438B
| $291M | 0.08% |
6,062,100
-1,133,100
| -16% | -$52.7M |
|
|
TWTR
192
DELISTED
Twitter, Inc.
TWTR
| $287M | 0.08% |
8,965,584
+7,526,265
| +523% | +$248M |
|
193
CALL
Lockheed Martin
LMT
$130B
| $286M | 0.08% |
734,300
+162,000
| +28% | +$62.2M |
|
194
CALL
Cigna
CI
$73.3B
| $285M | 0.08% |
1,396,000
+357,900
| +34% | +$65.6M |
|
195
PUT
Humana
HUM
$45.5B
| $285M | 0.08% |
776,500
-700
| -0.1% | -$222K |
|
|
196
CALL
Mercado Libre
MELI
$97.5B
| $283M | 0.08% |
495,300
-239,800
| -33% | -$133M |
|
197
CALL
Gilead Sciences
GILD
$181B
| $282M | 0.08% |
4,335,400
+876,600
| +25% | +$57.1M |
|
198
CALL
JD.com
JD
$39.7B
| $281M | 0.08% |
7,965,400
-832,100
| -9% | -$26.8M |
|
199
JPMorgan Chase
JPM
$935B
| $280M | 0.08% |
2,009,384
+1,801,138
| +865% | +$231M |
|
200
CALL
PayPal
PYPL
$52.7B
| $279M | 0.08% |
2,580,800
-627,100
| -20% | -$65.4M |
|
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.