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 | |
|---|---|---|---|---|---|---|
376
CALL
Hershey
HSY
$37.5B
| $114M | 0.04% |
849,700
+566,600
| +200% | +$72M |
|
377
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.5B
| $113M | 0.04% |
825,120
+247,060
| +43% | +$22.8M |
|
|
PXD
378
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $113M | 0.04% |
733,600
+164,700
| +29% | +$25.3M |
|
|
CELG
379
DELISTED
Celgene Corp
CELG
| $112M | 0.04% |
1,214,254
+965,461
| +388% | +$91.7M |
|
380
CALL
Altria Group
MO
$110B
| $111M | 0.04% |
2,347,000
-1,279,200
| -35% | -$67M |
|
381
Lowe's Companies
LOW
$121B
| $111M | 0.04% |
1,100,391
+657,824
| +149% | +$69.4M |
|
382
Wynn Resorts
WYNN
$10.3B
| $111M | 0.04% |
892,715
+68,937
| +8% | +$8.86M |
|
383
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $111M | 0.04% |
3,708,800
-1,054,800
| -22% | -$31M |
|
384
PUT
Honeywell
HON
$68.4B
| $110M | 0.04% |
671,295
+87,108
| +15% | +$13.9M |
|
385
PUT
CSX Corp
CSX
$95.6B
| $110M | 0.04% |
4,278,900
+3,117,900
| +269% | +$80.3M |
|
|
TSS
386
CALL
DELISTED
Total System Services, Inc.
TSS
| $110M | 0.04% |
855,100
+237,200
| +38% | +$26.1M |
|
387
SLB Ltd
SLB
$79.9B
| $109M | 0.04% |
2,746,052
+128,300
| +5% | +$5.17M |
|
388
CALL
Las Vegas Sands
LVS
$30.5B
| $109M | 0.04% |
1,846,700
-58,300
| -3% | -$3.61M |
|
389
CALL
Colgate-Palmolive
CL
$72.6B
| $109M | 0.04% |
1,522,400
-11,000
| -0.7% | -$781K |
|
|
WBA
390
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $109M | 0.04% |
1,992,700
+521,200
| +35% | +$27.7M |
|
391
PUT
Norfolk Southern
NSC
$78.8B
| $109M | 0.04% |
546,000
-22,500
| -4% | -$4.46M |
|
392
PUT
Coca-Cola
KO
$392B
| $108M | 0.04% |
2,117,000
-1,488,900
| -41% | -$73M |
|
393
PUT
Delta Air Lines
DAL
$54.2B
| $107M | 0.04% |
1,892,200
+392,800
| +26% | +$22M |
|
394
PUT
Universal Display
OLED
$3.95B
| $107M | 0.04% |
568,700
+61,200
| +12% | +$10.2M |
|
395
PUT
Centene
CNC
$32.1B
| $107M | 0.04% |
2,033,700
+1,326,800
| +188% | +$71.7M |
|
396
CALL
Accenture
ACN
$113B
| $106M | 0.04% |
575,200
-390,300
| -40% | -$70.1M |
|
397
FedEx
FDX
$76.9B
| $106M | 0.04% |
645,424
+334,656
| +108% | +$58.6M |
|
398
CALL
Linde
LIN
$225B
| $105M | 0.04% |
523,600
+157,300
| +43% | +$29.4M |
|
399
CALL
EOG Resources
EOG
$80.3B
| $105M | 0.04% |
1,124,200
-127,600
| -10% | -$11.9M |
|
400
Kraft Heinz
KHC
$30.3B
| $105M | 0.04% |
3,371,553
-1,624,257
| -33% | -$51.2M |
|
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.