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 | Miscellaneous | 89.12% |
| 2 | Technology | 2.44% |
| 3 | Consumer Discretionary | 1.83% |
| 4 | Communication Services | 1.72% |
| 5 | Financials | 1.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
Tanger
SKT
$4.33B
| $3.99M | ﹤0.01% |
+246,104
| New | +$4.44M |
|
3002
Main Street Capital
MAIN
$5.47B
| $3.99M | ﹤0.01% |
96,951
+30,383
| +46% | +$1.21M |
|
|
WORK
3003
CALL
DELISTED
Slack Technologies, Inc.
WORK
| $3.99M | ﹤0.01% |
+106,300
| New | +$3.91M |
|
3004
Zscaler
ZS
$29.8B
| $3.98M | ﹤0.01% |
52,002
-1,004
| -2% | -$71.5K |
|
3005
Apollo Global Management
APO
$79.7B
| $3.98M | ﹤0.01% |
116,046
+85,086
| +275% | +$2.7M |
|
3006
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$458M
| $3.98M | ﹤0.01% |
45,000
-22,300
| -33% | -$1.93M |
|
3007
Norwegian Cruise Line
NCLH
$7.65B
| $3.98M | ﹤0.01% |
74,117
+67,345
| +994% | +$3.74M |
|
3008
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.83B
| $3.98M | ﹤0.01% |
155,660
+111,650
| +254% | +$2.85M |
|
3009
iShares MSCI USA Size Factor ETF
SIZE
$441M
| $3.97M | ﹤0.01% |
+43,660
| New | +$3.9M |
|
3010
InterDigital
IDCC
$8.65B
| $3.97M | ﹤0.01% |
61,601
+5,470
| +10% | +$365K |
|
|
RP
3011
DELISTED
RealPage, Inc.
RP
| $3.96M | ﹤0.01% |
67,374
+62,060
| +1,168% | +$3.76M |
|
3012
PUT
Brinker International
EAT
$9.87B
| $3.96M | ﹤0.01% |
100,700
+83,500
| +485% | +$3.44M |
|
3013
PUT
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $3.96M | ﹤0.01% |
102,000
+22,000
| +28% | +$843K |
|
3014
PUT
M&T Bank
MTB
$34.3B
| $3.96M | ﹤0.01% |
23,300
-14,900
| -39% | -$2.47M |
|
3015
NCR Voyix
VYX
$1.21B
| $3.96M | ﹤0.01% |
207,536
-20,033
| -9% | -$372K |
|
3016
CALL
Prologis
PLD
$134B
| $3.96M | ﹤0.01% |
49,400
-15,600
| -24% | -$1.19M |
|
3017
PUT
Universal Corp
UVV
$1.14B
| $3.96M | ﹤0.01% |
65,100
+57,000
| +704% | +$3.19M |
|
|
AKS
3018
CALL
DELISTED
AK Steel Holding Corp
AKS
| $3.95M | ﹤0.01% |
1,668,400
-685,400
| -29% | -$1.6M |
|
3019
PUT
Tencent Music
TME
$14B
| $3.95M | ﹤0.01% |
263,700
-563,600
| -68% | -$8.9M |
|
3020
CALL
Pilgrim's Pride
PPC
$7.55B
| $3.95M | ﹤0.01% |
155,400
+36,300
| +30% | +$940K |
|
3021
PUT
CoreCivic
CXW
$3.34B
| $3.94M | ﹤0.01% |
189,900
+69,600
| +58% | +$1.5M |
|
|
WCG
3022
DELISTED
Wellcare Health Plans, Inc.
WCG
| $3.94M | ﹤0.01% |
13,826
-44,159
| -76% | -$12.2M |
|
3023
PUT
Teradyne
TER
$55.5B
| $3.94M | ﹤0.01% |
82,200
-97,000
| -54% | -$4.4M |
|
3024
CALL
Dine Brands
DIN
$425M
| $3.93M | ﹤0.01% |
41,200
+17,300
| +72% | +$1.58M |
|
3025
PUT
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.65B
| $3.93M | ﹤0.01% |
66,700
+14,400
| +28% | +$841K |
|
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 $17.9B 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 Miscellaneous at 89% of assets, down from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
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.