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 | |
|---|---|---|---|---|---|---|
426
PUT
Wayfair
W
$14.1B
| $94.2M | 0.03% |
645,300
-15,300
| -2% | -$2.3M |
|
427
Western Digital
WDC
$156B
| $93.9M | 0.03% |
2,612,930
+22,374
| +0.9% | +$767K |
|
428
PUT
Texas Instruments
TXN
$236B
| $93.8M | 0.03% |
817,700
-44,000
| -5% | -$4.92M |
|
429
UnitedHealth
UNH
$357B
| $93.3M | 0.03% |
382,358
+175,694
| +85% | +$42.3M |
|
430
Oracle
ORCL
$413B
| $92.9M | 0.03% |
1,631,263
+1,520,328
| +1,370% | +$82.3M |
|
431
State Street Energy Select Sector SPDR ETF
XLE
$41.4B
| $92.6M | 0.03% |
2,906,790
+2,657,426
| +1,066% | +$85.1M |
|
|
ATVI
432
PUT
DELISTED
Activision Blizzard
ATVI
| $92.5M | 0.03% |
1,960,300
+4,800
| +0.2% | +$220K |
|
433
CALL
Occidental Petroleum
OXY
$59.9B
| $92.3M | 0.03% |
1,835,600
+1,026,600
| +127% | +$57.8M |
|
|
TWTR
434
CALL
DELISTED
Twitter, Inc.
TWTR
| $91.9M | 0.03% |
2,632,400
-1,654,000
| -39% | -$60.7M |
|
435
CALL
Philip Morris
PM
$298B
| $91.4M | 0.03% |
1,164,100
-1,327,300
| -53% | -$110M |
|
436
CALL
Align Technology
ALGN
$11.3B
| $90.4M | 0.03% |
330,400
-67,500
| -17% | -$20.4M |
|
437
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.79B
| $90.2M | 0.03% |
1,292,100
-20,400
| -2% | -$1.42M |
|
438
US Bancorp
USB
$96.9B
| $90.1M | 0.03% |
1,718,865
+581,250
| +51% | +$29.9M |
|
439
PUT
Petrobras
PBR
$119B
| $89.8M | 0.03% |
5,768,500
+588,800
| +11% | +$8.98M |
|
440
CALL
Bausch Health
BHC
$2.45B
| $89.5M | 0.03% |
3,547,500
-571,400
| -14% | -$13.6M |
|
441
PUT
United Parcel Service
UPS
$86.9B
| $89.4M | 0.03% |
865,600
-231,400
| -21% | -$24.1M |
|
442
PUT
Tilray
TLRY
$648M
| $89.4M | 0.03% |
191,980
-7,460
| -4% | -$3.56M |
|
443
CALL
Atlassian
TEAM
$43.3B
| $88.8M | 0.03% |
678,700
+475,000
| +233% | +$57.2M |
|
444
Cigna
CI
$73.4B
| $88.8M | 0.03% |
563,419
+211,261
| +60% | +$33.1M |
|
445
CALL
General Mills
GIS
$21.8B
| $88.7M | 0.03% |
1,688,000
-781,400
| -32% | -$40.4M |
|
446
CALL
United Airlines
UAL
$36.6B
| $88.5M | 0.03% |
1,011,200
-112,500
| -10% | -$9.52M |
|
447
CALL
Southern Company
SO
$104B
| $88.4M | 0.03% |
1,599,000
-95,300
| -6% | -$5.1M |
|
|
WCG
448
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $88.4M | 0.03% |
310,000
+152,100
| +96% | +$41.9M |
|
449
PUT
Freeport-McMoran
FCX
$110B
| $88.3M | 0.03% |
7,604,000
+1,258,100
| +20% | +$14.6M |
|
450
PUT
Uber
UBER
$160B
| $88.2M | 0.03% |
+1,902,200
| New | +$80.7M |
|
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.