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 | |
|---|---|---|---|---|---|---|
|
APC
451
CALL
DELISTED
Anadarko Petroleum
APC
| $87.6M | 0.03% |
1,241,600
+271,300
| +28% | +$18.2M |
|
452
Bausch Health
BHC
$2.41B
| $87.5M | 0.03% |
3,469,471
+1,383,094
| +66% | +$32.8M |
|
|
EA
453
DELISTED
Electronic Arts
EA
| $87.3M | 0.03% |
862,458
+286,859
| +50% | +$27.3M |
|
454
CALL
NetEase
NTES
$82.1B
| $87.1M | 0.03% |
1,703,500
+288,000
| +20% | +$15.3M |
|
|
DISH
455
PUT
DELISTED
DISH Network Corp.
DISH
| $86.4M | 0.03% |
2,248,900
+66,100
| +3% | +$2.35M |
|
456
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $85.9M | 0.03% |
1,479,500
+420,000
| +40% | +$24M |
|
457
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $85.8M | 0.03% |
1,108,800
+133,000
| +14% | +$10.1M |
|
458
CALL
Zscaler
ZS
$29.4B
| $85.8M | 0.03% |
1,119,700
+401,900
| +56% | +$28.6M |
|
|
CXO
459
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $85M | 0.03% |
823,800
-124,100
| -13% | -$13.4M |
|
460
PUT
MongoDB
MDB
$34.7B
| $84.9M | 0.03% |
558,400
+6,500
| +1% | +$944K |
|
461
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $84.7M | 0.03% |
1,938,500
-453,500
| -19% | -$19.4M |
|
462
iShares Russell 1000 Growth ETF
IWF
$125B
| $84.2M | 0.03% |
2,140,848
+2,106,560
| +6,144% | +$81.5M |
|
463
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $83.9M | 0.03% |
906,100
-212,700
| -19% | -$19.1M |
|
464
PUT
Oracle
ORCL
$422B
| $83.8M | 0.03% |
1,470,900
-393,800
| -21% | -$21.3M |
|
|
XLNX
465
CALL
DELISTED
Xilinx Inc
XLNX
| $83.6M | 0.03% |
708,700
+128,900
| +22% | +$15M |
|
466
Vanguard Real Estate ETF
VNQ
$39.1B
| $83.6M | 0.03% |
955,978
+909,802
| +1,970% | +$79.6M |
|
467
CALL
Mondelez International
MDLZ
$82.3B
| $83M | 0.03% |
1,539,800
+217,800
| +16% | +$11.3M |
|
468
PUT
Halliburton
HAL
$29.4B
| $82.7M | 0.03% |
3,635,800
+729,700
| +25% | +$18.9M |
|
469
Adobe
ADBE
$109B
| $82.7M | 0.03% |
280,540
-334,652
| -54% | -$92.9M |
|
470
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.42B
| $82.3M | 0.03% |
1,975,400
+1,352,300
| +217% | +$54.6M |
|
471
CALL
Uber
UBER
$161B
| $82.2M | 0.03% |
+1,772,800
| New | +$75.3M |
|
|
RHT
472
CALL
DELISTED
Red Hat Inc
RHT
| $82.1M | 0.03% |
437,100
+102,000
| +30% | +$18.8M |
|
473
iShares Silver Trust
SLV
$33.8B
| $82M | 0.03% |
5,721,425
+4,128,034
| +259% | +$57.6M |
|
474
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $81.6M | 0.03% |
1,881,200
+540,300
| +40% | +$24.2M |
|
|
DISH
475
CALL
DELISTED
DISH Network Corp.
DISH
| $81.5M | 0.03% |
2,122,500
+1,530,800
| +259% | +$54.3M |
|
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.