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
|
+$923M |
| 2 |
Walt Disney
DIS
|
+$710M |
| 3 |
Bank of America
BAC
|
+$510M |
| 4 |
Amazon
AMZN
|
+$481M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.65B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$678M |
| 3 |
Micron Technology
MU
|
+$514M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$327M |
| 5 |
Alibaba
BABA
|
+$307M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.32% |
| 2 | Technology | 1.44% |
| 3 | Communication Services | 1.2% |
| 4 | Consumer Discretionary | 1.2% |
| 5 | Financials | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3151
Zillow
Z
$8.02B
| $2.9M | ﹤0.01% |
83,537
+69,059
| +477% | +$2.46M |
|
3152
ProShares Investment Grade-Interest Rate Hedged
IGHG
$343M
| $2.9M | ﹤0.01% |
39,111
+7,168
| +22% | +$525K |
|
3153
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$324M
| $2.9M | ﹤0.01% |
111,200
+90,100
| +427% | +$2.31M |
|
3154
PUT
iShares Core MSCI EAFE ETF
IEFA
$195B
| $2.89M | ﹤0.01% |
47,600
+36,600
| +333% | +$2.16M |
|
3155
MKS Inc
MKSI
$17.3B
| $2.89M | ﹤0.01% |
31,090
-24,201
| -44% | -$1.95M |
|
3156
CALL
VirnetX Holding Corp
VHC
$51.1M
| $2.89M | ﹤0.01% |
22,830
+17,785
| +353% | +$1.84M |
|
3157
PUT
Plains GP Holdings
PAGP
$5.54B
| $2.89M | ﹤0.01% |
115,800
-37,500
| -24% | -$886K |
|
3158
Franco-Nevada
FNV
$51.3B
| $2.88M | ﹤0.01% |
38,442
-60,842
| -61% | -$4.52M |
|
3159
CALL
Smith & Nephew
SNN
$12.1B
| $2.88M | ﹤0.01% |
+71,900
| New | +$2.76M |
|
3160
PUT
PRA Group
PRAA
$721M
| $2.88M | ﹤0.01% |
107,500
+60,000
| +126% | +$1.74M |
|
|
SBNY
3161
PUT
DELISTED
Signature Bank
SBNY
| $2.88M | ﹤0.01% |
22,500
-17,900
| -44% | -$2.28M |
|
|
LADR
3162
CALL
Ladder Capital
LADR
$1.25B
| $2.88M | ﹤0.01% |
169,200
-19,200
| -10% | -$328K |
|
3163
PUT
Nordson
NDSN
$18.1B
| $2.88M | ﹤0.01% |
21,700
+11,300
| +109% | +$1.47M |
|
3164
Best Buy
BBY
$17.4B
| $2.88M | ﹤0.01% |
+40,453
| New | +$2.52M |
|
3165
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.4B
| $2.88M | ﹤0.01% |
28,305
+25,958
| +1,106% | +$2.63M |
|
3166
iShares US Basic Materials ETF
IYM
$1.03B
| $2.87M | ﹤0.01% |
31,443
-30,100
| -49% | -$2.7M |
|
3167
CALL
Wingstop
WING
$3.09B
| $2.87M | ﹤0.01% |
37,800
+5,400
| +17% | +$368K |
|
3168
PUT
Cadence Design Systems
CDNS
$93.7B
| $2.87M | ﹤0.01% |
45,200
-5,600
| -11% | -$297K |
|
3169
PUT
Silicon Laboratories
SLAB
$7.29B
| $2.87M | ﹤0.01% |
35,500
+18,800
| +113% | +$1.56M |
|
|
BDSI
3170
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2.86M | ﹤0.01% |
539,966
+272,358
| +102% | +$1.24M |
|
3171
Vanguard Russell 2000 Growth ETF
VTWG
$1.51B
| $2.86M | ﹤0.01% |
19,999
-5,435
| -21% | -$751K |
|
3172
iShares Russell Top 200 ETF
IWL
$2.26B
| $2.85M | ﹤0.01% |
43,482
-1,339
| -3% | -$84.5K |
|
3173
CALL
SM Energy
SM
$8.71B
| $2.85M | ﹤0.01% |
163,200
-361,200
| -69% | -$6.42M |
|
3174
CALL
TC Energy
TRP
$64.4B
| $2.85M | ﹤0.01% |
63,500
+11,400
| +22% | +$490K |
|
|
NBLX
3175
CALL
DELISTED
Noble Midstream Partners LP
NBLX
| $2.85M | ﹤0.01% |
79,200
+66,100
| +505% | +$2.25M |
|
Similar funds
Jeff Yass's Q1 2019 Portfolio in Review
As of Q1 2019, Jeff Yass held 10,685 positions worth $243B, down 3.3% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass's Q1 2019 filing shows 1,860 new, 3,498 increased, 3,278 reduced and 1,970 closed positions. Its largest new stake was iShares China Large-Cap ETF: 4,340,587 shares worth $192M. The largest sale was Apple, an estimated $2.65B.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, down from 93% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q1 2019 buy was iShares China Large-Cap ETF: 4,340,587 shares worth $192M.
- Jeff Yass added most to Boeing in Q1 2019, an estimated $923M increase.
- Jeff Yass's biggest Q1 2019 reduction was Apple, cutting an estimated $2.65B.
- Jeff Yass fully exited State Street SPDR S&P 500 ETF Trust in Q1 2019, selling an estimated $678M.
- Jeff Yass's ten largest holdings make up 25% of its $243B portfolio in Q1 2019.
- Jeff Yass opened 1,860 new positions and closed 1,970 in Q1 2019.
- Jeff Yass's portfolio value fell 3.3% quarter-over-quarter to $243B.
Based on Susquehanna International Group's 13F filing for Q1 2019, filed 15 May 2019.