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 | |
|---|---|---|---|---|---|---|
2026
CALL
Nokia
NOK
$58.1B
| $9.34M | ﹤0.01% |
1,845,400
+187,400
| +11% | +$967K |
|
2027
Acadia Pharmaceuticals
ACAD
$5.1B
| $9.34M | ﹤0.01% |
259,372
+68,670
| +36% | +$2.08M |
|
|
VMW
2028
DELISTED
VMware, Inc
VMW
| $9.33M | ﹤0.01% |
62,165
+42,301
| +213% | +$6.66M |
|
2029
Spotify
SPOT
$113B
| $9.32M | ﹤0.01% |
81,756
-229,936
| -74% | -$32.5M |
|
2030
PUT
Brighthouse Financial
BHF
$3.02B
| $9.3M | ﹤0.01% |
229,900
-24,000
| -9% | -$894K |
|
2031
CALL
Hilton Grand Vacations
HGV
$3.5B
| $9.3M | ﹤0.01% |
290,500
+191,400
| +193% | +$6.02M |
|
2032
PUT
Polaris
PII
$3.63B
| $9.29M | ﹤0.01% |
105,600
+8,900
| +9% | +$772K |
|
2033
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $9.26M | ﹤0.01% |
335,000
-102,600
| -23% | -$2.81M |
|
2034
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$104M
| $9.24M | ﹤0.01% |
1,413
+722
| +104% | +$5.05M |
|
2035
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $9.24M | ﹤0.01% |
85,005
+49,948
| +142% | +$5.42M |
|
|
BHVN
2036
PUT
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $9.24M | ﹤0.01% |
221,500
+143,300
| +183% | +$6.05M |
|
2037
CALL
Jabil
JBL
$32.6B
| $9.24M | ﹤0.01% |
258,200
+110,900
| +75% | +$3.34M |
|
2038
Oneok
OKE
$59.8B
| $9.23M | ﹤0.01% |
125,296
+69,753
| +126% | +$4.94M |
|
2039
ProShares VIX Mid-Term Futures ETF
VIXM
$156M
| $9.23M | ﹤0.01% |
389,884
+136,022
| +54% | +$3.04M |
|
2040
CALL
Cedar Fair
FUN
$1.65B
| $9.22M | ﹤0.01% |
158,000
+81,300
| +106% | +$4.29M |
|
2041
PUT
Markel Group
MKL
$22.5B
| $9.22M | ﹤0.01% |
7,800
-8,000
| -51% | -$9.09M |
|
|
AMTD
2042
DELISTED
TD Ameritrade Holding Corp
AMTD
| $9.22M | ﹤0.01% |
197,356
-2,254
| -1% | -$108K |
|
2043
CALL
Murphy Oil
MUR
$4.97B
| $9.21M | ﹤0.01% |
416,500
-158,100
| -28% | -$3.4M |
|
|
PFPT
2044
PUT
DELISTED
Proofpoint, Inc.
PFPT
| $9.2M | ﹤0.01% |
71,300
+32,900
| +86% | +$4.03M |
|
2045
PUT
Jazz Pharmaceuticals
JAZZ
$16.2B
| $9.2M | ﹤0.01% |
71,800
+30,300
| +73% | +$4.06M |
|
2046
CALL
Ares Capital
ARCC
$14.3B
| $9.15M | ﹤0.01% |
491,300
-420,800
| -46% | -$7.8M |
|
2047
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $9.15M | ﹤0.01% |
117,810
+68,387
| +138% | +$5.18M |
|
|
LL
2048
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.14M | ﹤0.01% |
926,400
+641,900
| +226% | +$6.29M |
|
2049
Veeva Systems
VEEV
$39.8B
| $9.14M | ﹤0.01% |
59,874
-64,328
| -52% | -$10.3M |
|
|
XIFR
2050
CALL
XPLR Infrastructure LP
XIFR
$1.1B
| $9.14M | ﹤0.01% |
172,900
-42,800
| -20% | -$2.15M |
|
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.