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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.13B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.18B |
| 3 |
Apple
AAPL
|
+$836M |
| 4 |
Alibaba
BABA
|
+$807M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$566M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$429M |
| 2 |
Boeing
BA
|
+$402M |
| 3 |
Coty
COTY
|
+$284M |
| 4 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$104M |
| 5 |
Qualcomm
QCOM
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.44% |
| 2 | Consumer Discretionary | 1.83% |
| 3 | Communication Services | 1.72% |
| 4 | Financials | 1.35% |
| 5 | Healthcare | 1.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
Western Digital
WDC
$166B
| $178M | 0.06% |
4,957,016
+2,888,241
| +140% | +$99M |
|
252
CALL
Marathon Petroleum
MPC
$101B
| $177M | 0.06% |
3,170,100
+2,134,700
| +206% | +$117M |
|
253
GE Aerospace
GE
$361B
| $175M | 0.06% |
3,347,208
-1,898,197
| -36% | -$93.4M |
|
254
CALL
Lam Research
LRCX
$393B
| $175M | 0.06% |
9,313,000
+259,000
| +3% | +$4.91M |
|
255
CALL
Morgan Stanley
MS
$336B
| $174M | 0.06% |
3,972,900
+587,300
| +17% | +$26.2M |
|
256
CALL
Kimberly-Clark
KMB
$36.4B
| $173M | 0.06% |
1,301,300
-41,600
| -3% | -$5.36M |
|
257
AbbVie
ABBV
$468B
| $173M | 0.06% |
2,379,333
+1,904,143
| +401% | +$150M |
|
258
CALL
Wynn Resorts
WYNN
$10.3B
| $172M | 0.06% |
1,386,300
-138,500
| -9% | -$17.8M |
|
259
CALL
Nike
NKE
$60.5B
| $171M | 0.06% |
2,032,000
-389,700
| -16% | -$32.8M |
|
|
VMW
260
PUT
DELISTED
VMware, Inc
VMW
| $170M | 0.06% |
1,019,100
+220,200
| +28% | +$41.3M |
|
261
CALL
AutoZone
AZO
$48.3B
| $170M | 0.06% |
154,500
-63,500
| -29% | -$66.8M |
|
262
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $169M | 0.06% |
6,276,800
+1,369,600
| +28% | +$36.3M |
|
263
CALL
Texas Instruments
TXN
$241B
| $169M | 0.06% |
1,470,100
+203,300
| +16% | +$22.7M |
|
264
PUT
Newmont
NEM
$139B
| $167M | 0.06% |
4,347,900
+1,943,400
| +81% | +$65.7M |
|
265
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $167M | 0.06% |
1,531,825
+492,800
| +47% | +$56.9M |
|
266
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $167M | 0.06% |
1,470,600
-244,100
| -14% | -$26.9M |
|
267
PUT
Union Pacific
UNP
$183B
| $166M | 0.06% |
982,500
-263,400
| -21% | -$45.1M |
|
268
PUT
Lowe's Companies
LOW
$121B
| $165M | 0.06% |
1,632,500
-251,300
| -13% | -$26.5M |
|
269
CALL
Medtronic
MDT
$119B
| $164M | 0.06% |
1,683,500
+666,900
| +66% | +$60.9M |
|
270
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $163M | 0.06% |
1,863,200
-442,400
| -19% | -$37.7M |
|
271
CALL
Honeywell
HON
$68.4B
| $163M | 0.06% |
990,550
-183,977
| -16% | -$29.3M |
|
272
CALL
Illumina
ILMN
$33.1B
| $162M | 0.06% |
453,554
+64,867
| +17% | +$20.5M |
|
273
PUT
Cigna
CI
$73.3B
| $162M | 0.06% |
1,027,400
-13,500
| -1% | -$2.12M |
|
274
PUT
Merck
MRK
$376B
| $161M | 0.06% |
2,018,448
+137,288
| +7% | +$10.5M |
|
275
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $161M | 0.06% |
454,800
+28,900
| +7% | +$10.1M |
|
Similar funds
Jeff Yass's Q2 2019 Portfolio in Review
As of Q2 2019, Jeff Yass held 11,369 positions worth $275B, up 13% from $243B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $25.4B of net new capital in Q2 2019, opening 2,651 new positions and adding to 3,766 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 1.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $429M trimmed.
- Jeff Yass's largest Q2 2019 buy was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
- Jeff Yass added most to Alphabet (Google) Class A in Q2 2019, an estimated $1.18B increase.
- Jeff Yass's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $429M.
- Jeff Yass fully exited Goldcorp Inc in Q2 2019, selling an estimated $26.4M.
- Jeff Yass's ten largest holdings make up 24% of its $275B portfolio in Q2 2019.
- Jeff Yass opened 2,651 new positions and closed 1,221 in Q2 2019.
- Jeff Yass's portfolio value rose 13% quarter-over-quarter to $275B.
Based on Susquehanna International Group's 13F filing for Q2 2019, filed 14 Aug 2019.