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 | |
|---|---|---|---|---|---|---|
576
CALL
Domino's
DPZ
$11.4B
| $63.4M | 0.02% |
227,700
-3,200
| -1% | -$875K |
|
577
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $63.3M | 0.02% |
1,061,800
-258,400
| -20% | -$15.1M |
|
578
CALL
W.W. Grainger
GWW
$62.1B
| $63.2M | 0.02% |
235,700
+64,000
| +37% | +$18M |
|
579
CALL
Novartis
NVS
$300B
| $63.2M | 0.02% |
692,200
+57,419
| +9% | +$4.86M |
|
580
CALL
Marriott International
MAR
$93.7B
| $63M | 0.02% |
449,100
+50,400
| +13% | +$6.69M |
|
|
HES
581
CALL
DELISTED
Hess
HES
| $62.9M | 0.02% |
989,100
+625,600
| +172% | +$38.7M |
|
582
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $62.7M | 0.02% |
1,473,900
-191,100
| -11% | -$8.04M |
|
583
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $62.7M | 0.02% |
211,480
+93,230
| +79% | +$29.1M |
|
|
CTXS
584
DELISTED
Citrix Systems Inc
CTXS
| $62.2M | 0.02% |
633,591
-90,892
| -13% | -$8.92M |
|
|
RTN
585
DELISTED
Raytheon Company
RTN
| $62.1M | 0.02% |
357,391
+195,345
| +121% | +$35.1M |
|
586
CALL
iShares US Home Construction ETF
ITB
$2.28B
| $62M | 0.02% |
1,623,400
+1,157,300
| +248% | +$43.8M |
|
|
GRUB
587
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $61.9M | 0.02% |
397,100
+83,100
| +26% | +$11.3M |
|
588
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $61.7M | 0.02% |
1,612,200
-856,000
| -35% | -$32.2M |
|
589
CALL
Halliburton
HAL
$28.8B
| $61.7M | 0.02% |
2,714,100
+1,428,000
| +111% | +$37.1M |
|
590
PUT
Kinder Morgan
KMI
$68.9B
| $61.3M | 0.02% |
2,937,900
-106,200
| -3% | -$2.14M |
|
591
CALL
Capital One
COF
$133B
| $61.2M | 0.02% |
674,900
+130,600
| +24% | +$11.7M |
|
592
CALL
Veeva Systems
VEEV
$40.4B
| $61.2M | 0.02% |
377,700
+160,500
| +74% | +$23.4M |
|
|
ALXN
593
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $61M | 0.02% |
466,000
+158,100
| +51% | +$20.4M |
|
594
CALL
First Solar
FSLR
$22.5B
| $60.9M | 0.02% |
927,700
+325,900
| +54% | +$19.6M |
|
|
595
CALL
Kinder Morgan
KMI
$68.9B
| $60.7M | 0.02% |
2,908,400
+55,400
| +2% | +$1.12M |
|
596
PUT
MSCI
MSCI
$41.5B
| $60.7M | 0.02% |
254,200
+210,800
| +486% | +$47.3M |
|
597
Newmont
NEM
$138B
| $60.3M | 0.02% |
1,568,052
+1,109,878
| +242% | +$37.5M |
|
598
CALL
Ecolab
ECL
$80.2B
| $60.3M | 0.02% |
305,200
-67,600
| -18% | -$12.6M |
|
599
CALL
Northrop Grumman
NOC
$78B
| $59.7M | 0.02% |
184,700
+26,000
| +16% | +$7.75M |
|
600
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $59.6M | 0.02% |
542,000
-927,600
| -63% | -$99.4M |
|
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.