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 | |
|---|---|---|---|---|---|---|
276
Broadcom
AVGO
$1.75T
| $161M | 0.06% |
5,575,950
+3,353,430
| +151% | +$97.7M |
|
277
PUT
Chevron
CVX
$403B
| $160M | 0.06% |
1,287,900
+263,200
| +26% | +$31.8M |
|
278
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $160M | 0.06% |
5,029,000
-893,600
| -15% | -$28.6M |
|
279
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $160M | 0.06% |
5,780,400
-739,700
| -11% | -$20M |
|
280
PUT
Pfizer
PFE
$160B
| $159M | 0.06% |
3,868,812
+1,313,705
| +51% | +$52.2M |
|
281
PUT
Palo Alto Networks
PANW
$292B
| $158M | 0.06% |
4,653,600
+1,398,000
| +43% | +$52.3M |
|
282
CALL
Deere & Co
DE
$175B
| $157M | 0.06% |
948,800
-169,100
| -15% | -$26.3M |
|
|
TWTR
283
PUT
DELISTED
Twitter, Inc.
TWTR
| $156M | 0.06% |
4,482,700
-2,230,700
| -33% | -$81.8M |
|
284
CALL
LyondellBasell Industries
LYB
$21.8B
| $156M | 0.06% |
1,805,600
+1,374,800
| +319% | +$117M |
|
285
PUT
McDonald's
MCD
$192B
| $155M | 0.06% |
747,800
-436,300
| -37% | -$86.4M |
|
|
PXD
286
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $155M | 0.06% |
1,005,000
+412,900
| +70% | +$63.3M |
|
287
CALL
Spotify
SPOT
$110B
| $154M | 0.06% |
1,055,800
-290,700
| -22% | -$40M |
|
288
CALL
Norfolk Southern
NSC
$78.8B
| $154M | 0.06% |
772,000
+62,100
| +9% | +$12.3M |
|
289
CALL
Cigna
CI
$73.3B
| $153M | 0.06% |
973,400
+455,800
| +88% | +$71.4M |
|
290
Morgan Stanley
MS
$336B
| $153M | 0.06% |
3,489,395
-321,304
| -8% | -$14.3M |
|
291
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $153M | 0.06% |
3,913,000
+1,544,600
| +65% | +$58.9M |
|
292
CALL
eBay
EBAY
$46.3B
| $152M | 0.06% |
3,851,400
+106,900
| +3% | +$4.02M |
|
293
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $151M | 0.06% |
2,541,400
+1,530,800
| +151% | +$89.6M |
|
294
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $151M | 0.05% |
482,900
-78,700
| -14% | -$26.2M |
|
295
AT&T
T
$173B
| $151M | 0.05% |
5,959,484
-2,759,125
| -32% | -$66.2M |
|
296
Peabody Energy
BTU
$3.37B
| $151M | 0.05% |
6,255,601
-3,313
| -0.1% | -$87.1K |
|
|
EXAS
297
PUT
DELISTED
Exact Sciences
EXAS
| $151M | 0.05% |
1,276,500
+278,200
| +28% | +$28M |
|
298
PUT
Altria Group
MO
$110B
| $150M | 0.05% |
3,174,200
+690,200
| +28% | +$36.1M |
|
299
PUT
Occidental Petroleum
OXY
$61.3B
| $150M | 0.05% |
2,978,800
+2,409,300
| +423% | +$136M |
|
300
PUT
United Rentals
URI
$68.4B
| $149M | 0.05% |
1,122,300
+124,000
| +12% | +$15.7M |
|
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.