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 | |
|---|---|---|---|---|---|---|
|
EA
351
CALL
DELISTED
Electronic Arts
EA
| $123M | 0.04% |
1,213,400
-1,358,300
| -53% | -$129M |
|
352
PUT
VanEck Gold Miners ETF
GDX
$32B
| $123M | 0.04% |
4,799,700
-775,500
| -14% | -$17.1M |
|
353
Public Storage
PSA
$60.2B
| $122M | 0.04% |
+510,173
| New | +$117M |
|
354
CALL
American Express
AXP
$227B
| $121M | 0.04% |
983,600
-194,700
| -17% | -$22.9M |
|
355
PUT
Kraft Heinz
KHC
$30.3B
| $121M | 0.04% |
3,904,400
-2,662,100
| -41% | -$83.9M |
|
|
AABA
356
CALL
DELISTED
Altaba Inc
AABA
| $121M | 0.04% |
1,741,900
-685,100
| -28% | -$47.9M |
|
357
Applied Materials
AMAT
$391B
| $121M | 0.04% |
2,688,873
-1,209,915
| -31% | -$50.9M |
|
358
CALL
lululemon athletica
LULU
$13.7B
| $120M | 0.04% |
667,500
-723,000
| -52% | -$126M |
|
359
Ford
F
$57.5B
| $120M | 0.04% |
11,722,335
-3,892,035
| -25% | -$38.4M |
|
|
AABA
360
PUT
DELISTED
Altaba Inc
AABA
| $119M | 0.04% |
1,722,300
+567,700
| +49% | +$39.7M |
|
361
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $119M | 0.04% |
1,370,000
-1,382,400
| -50% | -$119M |
|
362
CALL
Centene
CNC
$32.1B
| $119M | 0.04% |
2,272,700
+1,695,200
| +294% | +$91.6M |
|
363
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.85B
| $119M | 0.04% |
5,416
+4,104
| +313% | +$96.8M |
|
364
CALL
CME Group
CME
$98.9B
| $119M | 0.04% |
610,100
+106,600
| +21% | +$19.7M |
|
|
TIF
365
PUT
DELISTED
Tiffany & Co.
TIF
| $119M | 0.04% |
1,266,800
+89,600
| +8% | +$8.9M |
|
366
CALL
BP
BP
$115B
| $118M | 0.04% |
2,889,010
+720,041
| +33% | +$30.2M |
|
367
CALL
Delta Air Lines
DAL
$54.2B
| $118M | 0.04% |
2,087,300
-695,200
| -25% | -$39M |
|
368
AB InBev
BUD
$155B
| $117M | 0.04% |
1,323,409
-293,387
| -18% | -$25.2M |
|
369
CALL
US Bancorp
USB
$96.7B
| $117M | 0.04% |
2,225,100
-198,000
| -8% | -$10.2M |
|
370
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.74B
| $117M | 0.04% |
1,069,600
+640,933
| +150% | +$69.2M |
|
371
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $115M | 0.04% |
1,489,000
-841,700
| -36% | -$64M |
|
|
RHT
372
PUT
DELISTED
Red Hat Inc
RHT
| $115M | 0.04% |
610,200
+192,700
| +46% | +$35.6M |
|
373
PUT
Starbucks
SBUX
$122B
| $114M | 0.04% |
1,364,900
-183,300
| -12% | -$14.4M |
|
374
Roku
ROKU
$23.4B
| $114M | 0.04% |
1,261,750
+272,605
| +28% | +$21.9M |
|
375
Occidental Petroleum
OXY
$61.3B
| $114M | 0.04% |
2,267,046
+2,229,361
| +5,916% | +$125M |
|
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.