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 | |
|---|---|---|---|---|---|---|
2001
CALL
Amphenol
APH
$199B
| $10.6M | ﹤0.01% |
390,800
+154,800
| +66% | +$3.95M |
|
2002
CALL
Coty
COTY
$2.41B
| $10.5M | ﹤0.01% |
935,000
-301,800
| -24% | -$3.44M |
|
2003
Nucor
NUE
$57.4B
| $10.5M | ﹤0.01% |
186,596
+80,788
| +76% | +$4.41M |
|
2004
RLI Corp
RLI
$5.95B
| $10.5M | ﹤0.01% |
233,328
+184,854
| +381% | +$8.68M |
|
2005
Sempra
SRE
$55.8B
| $10.5M | ﹤0.01% |
138,586
+115,068
| +489% | +$8.44M |
|
2006
CALL
iShares Russell 1000 Value ETF
IWD
$84.3B
| $10.5M | ﹤0.01% |
76,800
+35,900
| +88% | +$4.73M |
|
2007
CALL
Penumbra
PEN
$12.7B
| $10.5M | ﹤0.01% |
63,800
+36,500
| +134% | +$5.81M |
|
2008
GrafTech
EAF
$182M
| $10.5M | ﹤0.01% |
90,022
+77,123
| +598% | +$9.69M |
|
2009
Alaunos Therapeutics
TCRT
$4.52M
| $10.5M | ﹤0.01% |
14,766
+7,755
| +111% | +$5.34M |
|
2010
PUT
Pricesmart
PSMT
$5.41B
| $10.4M | ﹤0.01% |
147,000
+66,600
| +83% | +$4.79M |
|
2011
CALL
Fluor
FLR
$6.96B
| $10.4M | ﹤0.01% |
552,800
+360,000
| +187% | +$6.54M |
|
2012
PUT
Ally Financial
ALLY
$12.9B
| $10.4M | ﹤0.01% |
341,400
-66,500
| -16% | -$2.08M |
|
|
BPMC
2013
PUT
DELISTED
Blueprint Medicines
BPMC
| $10.4M | ﹤0.01% |
130,000
+39,400
| +43% | +$2.95M |
|
2014
Gray Television
GTN
$507M
| $10.4M | ﹤0.01% |
485,450
+89,857
| +23% | +$1.67M |
|
2015
Invitation Homes
INVH
$17.8B
| $10.4M | ﹤0.01% |
346,858
+77,389
| +29% | +$2.32M |
|
2016
CALL
Nexstar Media Group
NXST
$5.72B
| $10.4M | ﹤0.01% |
88,600
+50,300
| +131% | +$5.26M |
|
2017
PUT
SBA Communications
SBAC
$19.7B
| $10.4M | ﹤0.01% |
43,100
| – | – |
|
|
ARQL
2018
PUT
DELISTED
Arqule Inc
ARQL
| $10.4M | ﹤0.01% |
520,100
+458,800
| +748% | +$5.32M |
|
|
MAXR
2019
PUT
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $10.4M | ﹤0.01% |
662,400
+157,600
| +31% | +$1.64M |
|
2020
PUT
Exelixis
EXEL
$13.9B
| $10.4M | ﹤0.01% |
588,700
-99,500
| -14% | -$1.69M |
|
2021
PUT
Iron Mountain
IRM
$36.2B
| $10.4M | ﹤0.01% |
325,400
-292,600
| -47% | -$9.59M |
|
|
AVYA
2022
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $10.4M | ﹤0.01% |
768,059
-806,619
| -51% | -$9.9M |
|
2023
PUT
Macerich
MAC
$6.86B
| $10.4M | ﹤0.01% |
384,900
+170,200
| +79% | +$4.68M |
|
2024
PUT
Williams-Sonoma
WSM
$28B
| $10.4M | ﹤0.01% |
282,000
-103,800
| -27% | -$3.61M |
|
2025
Travelers Companies
TRV
$77.4B
| $10.3M | ﹤0.01% |
75,564
+72,591
| +2,442% | +$9.88M |
|
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.