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 |
Boeing
BA
|
+$923M |
| 2 |
Walt Disney
DIS
|
+$710M |
| 3 |
Bank of America
BAC
|
+$510M |
| 4 |
Amazon
AMZN
|
+$481M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.65B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$678M |
| 3 |
Micron Technology
MU
|
+$514M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$327M |
| 5 |
Alibaba
BABA
|
+$307M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.44% |
| 2 | Communication Services | 1.2% |
| 3 | Consumer Discretionary | 1.2% |
| 4 | Financials | 0.94% |
| 5 | Healthcare | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
STMP
526
CALL
DELISTED
Stamps.com, Inc.
STMP
| $60M | 0.02% |
736,900
+453,600
| +160% | +$63.8M |
|
527
PUT
Medtronic
MDT
$119B
| $59.9M | 0.02% |
657,700
-168,000
| -20% | -$15M |
|
528
PUT
ConocoPhillips
COP
$162B
| $59.7M | 0.02% |
895,100
+270,200
| +43% | +$18.2M |
|
529
CALL
Domino's
DPZ
$11.3B
| $59.6M | 0.02% |
230,900
-39,800
| -15% | -$10.3M |
|
530
PUT
Take-Two Interactive
TTWO
$44.8B
| $59.5M | 0.02% |
630,300
-42,700
| -6% | -$4.14M |
|
531
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $59.4M | 0.02% |
1,059,500
-45,800
| -4% | -$2.45M |
|
532
PUT
Ionis Pharmaceuticals
IONS
$9.93B
| $59.3M | 0.02% |
731,100
+247,800
| +51% | +$16M |
|
533
Colgate-Palmolive
CL
$72.6B
| $59.3M | 0.02% |
864,584
+208,527
| +32% | +$13.5M |
|
|
GWPH
534
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $59.2M | 0.02% |
351,400
-98,200
| -22% | -$14.6M |
|
535
PUT
Dollar General
DG
$27.2B
| $59.2M | 0.02% |
496,000
-12,900
| -3% | -$1.5M |
|
536
Freeport-McMoran
FCX
$110B
| $59.1M | 0.02% |
4,585,864
-3,448,051
| -43% | -$41.7M |
|
537
CALL
TJX Companies
TJX
$155B
| $59M | 0.02% |
1,109,100
+326,900
| +42% | +$16.3M |
|
|
TSS
538
CALL
DELISTED
Total System Services, Inc.
TSS
| $58.7M | 0.02% |
617,900
-222,800
| -27% | -$20.1M |
|
539
CALL
Waste Management
WM
$89.6B
| $58.6M | 0.02% |
564,100
+145,200
| +35% | +$14.2M |
|
540
Tesla
TSLA
$1.43T
| $58.6M | 0.02% |
+3,139,410
| New | +$63M |
|
|
EA
541
DELISTED
Electronic Arts
EA
| $58.5M | 0.02% |
575,599
+237,237
| +70% | +$22.5M |
|
542
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $58.5M | 0.02% |
1,340,900
+800,600
| +148% | +$35.2M |
|
543
CALL
Ford
F
$57.5B
| $58.3M | 0.02% |
6,641,600
-12,118,900
| -65% | -$104M |
|
544
CALL
Dell
DELL
$286B
| $58.2M | 0.02% |
1,957,216
+1,843,571
| +1,622% | +$48.6M |
|
|
ATVI
545
CALL
DELISTED
Activision Blizzard
ATVI
| $58M | 0.02% |
1,274,600
-914,300
| -42% | -$41.3M |
|
|
JOYY
546
PUT
JOYY Inc
JOYY
$3.71B
| $58M | 0.02% |
690,700
+382,000
| +124% | +$27.8M |
|
547
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $57.9M | 0.02% |
167,700
-107,600
| -39% | -$36.2M |
|
548
Ally Financial
ALLY
$13.1B
| $57.8M | 0.02% |
2,101,988
+65,105
| +3% | +$1.7M |
|
549
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $57.7M | 0.02% |
3,681,700
-8,482,000
| -70% | -$150M |
|
550
PUT
W.W. Grainger
GWW
$61.8B
| $57.6M | 0.02% |
191,400
-41,200
| -18% | -$12.2M |
|
Similar funds
Jeff Yass's Q1 2019 Portfolio in Review
As of Q1 2019, Jeff Yass held 10,685 positions worth $243B, down 3.3% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass withdrew a net $43.7B in Q1 2019, closing 1,970 positions and reducing 3,279 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $678M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.4% of assets, down from 2.3% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares China Large-Cap ETF worth $192M.
- Jeff Yass's largest Q1 2019 buy was iShares China Large-Cap ETF: 4,340,587 shares worth $192M.
- Jeff Yass added most to Boeing in Q1 2019, an estimated $923M increase.
- Jeff Yass's biggest Q1 2019 reduction was Apple, cutting an estimated $2.65B.
- Jeff Yass fully exited State Street SPDR S&P 500 ETF Trust in Q1 2019, selling an estimated $678M.
- Jeff Yass's ten largest holdings make up 25% of its $243B portfolio in Q1 2019.
- Jeff Yass opened 1,860 new positions and closed 1,970 in Q1 2019.
- Jeff Yass's portfolio value fell 3.3% quarter-over-quarter to $243B.
Based on Susquehanna International Group's 13F filing for Q1 2019, filed 15 May 2019.