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 | |
|---|---|---|---|---|---|---|
326
CALL
Newmont
NEM
$139B
| $132M | 0.05% |
3,433,400
+1,410,700
| +70% | +$47.7M |
|
327
PUT
Arista Networks
ANET
$238B
| $132M | 0.05% |
8,139,200
+2,179,200
| +37% | +$37.7M |
|
328
PUT
Eli Lilly
LLY
$1.12T
| $132M | 0.05% |
1,192,000
-700
| -0.1% | -$82.4K |
|
329
PUT
Spotify
SPOT
$110B
| $132M | 0.05% |
902,800
-60,300
| -6% | -$8.3M |
|
|
SINA
330
DELISTED
Sina Corp
SINA
| $132M | 0.05% |
3,052,887
+134,020
| +5% | +$7.03M |
|
331
CALL
T-Mobile US
TMUS
$196B
| $131M | 0.05% |
1,762,500
+1,115,300
| +172% | +$82.8M |
|
332
PUT
American Tower
AMT
$81.9B
| $130M | 0.05% |
637,400
+203,200
| +47% | +$40.8M |
|
333
CALL
Universal Display
OLED
$3.95B
| $130M | 0.05% |
690,500
-6,200
| -0.9% | -$1.03M |
|
334
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $130M | 0.05% |
414,600
+35,400
| +9% | +$11.8M |
|
335
CALL
Blackrock
BLK
$179B
| $130M | 0.05% |
276,500
-36,600
| -12% | -$16.6M |
|
336
PUT
Domino's
DPZ
$11.3B
| $130M | 0.05% |
466,100
+154,700
| +50% | +$42.3M |
|
337
PUT
RTX Corp
RTX
$283B
| $129M | 0.05% |
1,570,727
-17,955
| -1% | -$1.5M |
|
338
Booking.com
BKNG
$158B
| $127M | 0.05% |
1,696,825
+1,523,175
| +877% | +$109M |
|
339
Micron Technology
MU
$1.09T
| $127M | 0.05% |
3,292,992
+1,387,476
| +73% | +$52.9M |
|
340
CALL
United Rentals
URI
$68.4B
| $127M | 0.05% |
954,600
+327,100
| +52% | +$41.5M |
|
341
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $126M | 0.05% |
1,602
-645
| -29% | -$56.9M |
|
|
342
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $126M | 0.05% |
3,592,900
+1,579,200
| +78% | +$48.1M |
|
|
B
343
CALL
Barrick Mining
B
$78.3B
| $125M | 0.05% |
7,956,300
+2,488,200
| +46% | +$33M |
|
344
CALL
AB InBev
BUD
$155B
| $125M | 0.05% |
1,415,700
+156,900
| +12% | +$13.5M |
|
345
PUT
Align Technology
ALGN
$11.5B
| $125M | 0.05% |
457,800
-47,300
| -9% | -$14.3M |
|
346
CALL
Tilray
TLRY
$666M
| $124M | 0.05% |
267,220
-46,470
| -15% | -$22.2M |
|
347
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $124M | 0.05% |
1,138,600
+667,400
| +142% | +$71M |
|
348
PUT
Ulta Beauty
ULTA
$22.4B
| $124M | 0.04% |
356,600
-2,300
| -0.6% | -$795K |
|
|
349
CALL
Eli Lilly
LLY
$1.12T
| $124M | 0.04% |
1,115,800
-1,444,400
| -56% | -$170M |
|
350
PUT
Simon Property Group
SPG
$70.6B
| $123M | 0.04% |
771,400
+173,500
| +29% | +$29.9M |
|
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.