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 | |
|---|---|---|---|---|---|---|
|
APHA
2001
CALL
DELISTED
Aphria Inc. Common Shares
APHA
| $9.57M | ﹤0.01% |
1,843,500
-134,800
| -7% | -$857K |
|
2002
PUT
Celanese
CE
$4.91B
| $9.56M | ﹤0.01% |
78,200
+32,400
| +71% | +$3.65M |
|
2003
CALL
Elastic
ESTC
$8.24B
| $9.56M | ﹤0.01% |
116,100
+102,300
| +741% | +$9.09M |
|
2004
Arrowhead Research
ARWR
$12.6B
| $9.56M | ﹤0.01% |
339,133
+37,666
| +12% | +$1.11M |
|
2005
PUT
GameStop
GME
$8.06B
| $9.55M | ﹤0.01% |
6,918,000
-2,243,200
| -24% | -$2.42M |
|
2006
CALL
WEX
WEX
$6.77B
| $9.54M | ﹤0.01% |
47,200
+14,700
| +45% | +$3.04M |
|
2007
PUT
Quest Diagnostics
DGX
$27B
| $9.54M | ﹤0.01% |
89,100
-2,900
| -3% | -$298K |
|
|
PVG
2008
CALL
DELISTED
PRETIUM RESOURCES INC.
PVG
| $9.53M | ﹤0.01% |
828,100
+64,800
| +8% | +$769K |
|
|
NVEE
2009
CALL
DELISTED
NV5 Global
NVEE
| $9.52M | ﹤0.01% |
558,000
-211,600
| -27% | -$3.85M |
|
|
SIX
2010
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $9.51M | ﹤0.01% |
187,300
-50,400
| -21% | -$2.74M |
|
2011
Royal Caribbean
RCL
$77.6B
| $9.51M | ﹤0.01% |
87,792
+81,780
| +1,360% | +$9M |
|
2012
CALL
Transocean
RIG
$6.25B
| $9.49M | ﹤0.01% |
2,122,800
+586,400
| +38% | +$3.11M |
|
2013
Ferrari
RACE
$72.6B
| $9.49M | ﹤0.01% |
61,577
+17,824
| +41% | +$2.84M |
|
2014
PUT
CBRE Group
CBRE
$43.5B
| $9.47M | ﹤0.01% |
178,600
+90,800
| +103% | +$4.77M |
|
2015
PUT
iShares Russell 1000 Value ETF
IWD
$84.3B
| $9.43M | ﹤0.01% |
73,500
+38,100
| +108% | +$4.84M |
|
2016
PUT
Lincoln National
LNC
$8.29B
| $9.41M | ﹤0.01% |
156,000
-65,200
| -29% | -$3.9M |
|
2017
PUT
Weyerhaeuser
WY
$17.4B
| $9.38M | ﹤0.01% |
338,700
-106,800
| -24% | -$2.79M |
|
|
HTT
2018
PUT
High Templar Tech Ltd
HTT
$394M
| $9.37M | ﹤0.01% |
1,360,300
+247,900
| +22% | +$2M |
|
|
JNPR
2019
CALL
DELISTED
Juniper Networks
JNPR
| $9.37M | ﹤0.01% |
378,500
-4,400
| -1% | -$111K |
|
2020
Selective Insurance
SIGI
$5.5B
| $9.36M | ﹤0.01% |
124,528
+94,576
| +316% | +$7.3M |
|
|
SOLN
2021
DELISTED
The Southern Company
SOLN
| $9.35M | ﹤0.01% |
+175,000
| New | +$9.18M |
|
2022
Equitable Holdings
EQH
$13.6B
| $9.35M | ﹤0.01% |
421,910
+79,754
| +23% | +$1.71M |
|
2023
Innovative Industrial Properties
IIPR
$1.57B
| $9.35M | ﹤0.01% |
101,199
+93,059
| +1,143% | +$9.81M |
|
|
EBIX
2024
DELISTED
Ebix Inc
EBIX
| $9.35M | ﹤0.01% |
221,989
+101,683
| +85% | +$4.27M |
|
2025
PUT
Canadian Pacific Kansas City
CP
$83.3B
| $9.34M | ﹤0.01% |
210,000
-247,500
| -54% | -$11.6M |
|
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.