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 | |
|---|---|---|---|---|---|---|
651
Intuitive Surgical
ISRG
$132B
| $53.6M | 0.02% |
306,483
+256,875
| +518% | +$44M |
|
652
PUT
Alcoa
AA
$13B
| $53.6M | 0.02% |
2,288,900
-25,600
| -1% | -$638K |
|
|
SPLK
653
DELISTED
Splunk Inc
SPLK
| $53.4M | 0.02% |
424,797
+123,336
| +41% | +$15.7M |
|
654
JPMorgan Chase
JPM
$947B
| $53.1M | 0.02% |
474,954
+471,712
| +14,550% | +$52M |
|
655
PUT
Under Armour
UAA
$2.31B
| $53.1M | 0.02% |
2,094,100
-11,200
| -0.5% | -$262K |
|
|
RHT
656
DELISTED
Red Hat Inc
RHT
| $53.1M | 0.02% |
282,553
+256,437
| +982% | +$47.3M |
|
657
CALL
Eaton
ETN
$159B
| $53M | 0.02% |
636,800
-111,200
| -15% | -$9M |
|
658
PUT
Credit Acceptance
CACC
$6.26B
| $52.9M | 0.02% |
109,300
-6,100
| -5% | -$2.9M |
|
659
CALL
Nucor
NUE
$55.5B
| $52.8M | 0.02% |
957,800
-225,900
| -19% | -$12.4M |
|
660
CALL
Boston Scientific
BSX
$71B
| $52.6M | 0.02% |
1,223,700
+855,400
| +232% | +$32.9M |
|
661
PUT
Cheniere Energy
LNG
$58B
| $52.5M | 0.02% |
767,600
-195,700
| -20% | -$13M |
|
662
CALL
Crown Castle
CCI
$32.5B
| $52.5M | 0.02% |
402,600
-576,900
| -59% | -$74.2M |
|
663
State Street SPDR S&P Retail ETF
XRT
$329M
| $52.1M | 0.02% |
+1,229,462
| New | +$53.4M |
|
664
CALL
Yum! Brands
YUM
$42.9B
| $52.1M | 0.02% |
470,700
+54,400
| +13% | +$5.65M |
|
665
CALL
Truist Financial
TFC
$62.1B
| $52.1M | 0.02% |
1,060,200
-233,500
| -18% | -$11.4M |
|
666
CALL
C.H. Robinson
CHRW
$16.7B
| $52M | 0.02% |
616,900
-99,800
| -14% | -$8.39M |
|
667
IBM
IBM
$218B
| $52M | 0.02% |
394,455
+365,771
| +1,275% | +$48.1M |
|
668
PUT
Lumen
LUMN
$5.85B
| $51.7M | 0.02% |
4,394,400
+475,900
| +12% | +$5.35M |
|
669
PUT
Novartis
NVS
$300B
| $51.4M | 0.02% |
563,400
+326,808
| +138% | +$27.7M |
|
|
SPLK
670
CALL
DELISTED
Splunk Inc
SPLK
| $51.2M | 0.02% |
407,500
-97,000
| -19% | -$12.3M |
|
671
3M
MMM
$92.3B
| $51.2M | 0.02% |
+353,351
| New | +$54.4M |
|
672
PUT
Zoom
ZM
$30.7B
| $51.1M | 0.02% |
+575,100
| New | +$47.3M |
|
673
CALL
Ascendis Pharma A/S
ASND
$16.5B
| $50.9M | 0.02% |
442,000
-372,600
| -46% | -$44.6M |
|
674
PUT
Dollar General
DG
$27.6B
| $50.8M | 0.02% |
375,900
-120,100
| -24% | -$15.2M |
|
675
PUT
Take-Two Interactive
TTWO
$43.7B
| $50.8M | 0.02% |
447,400
-182,900
| -29% | -$18.8M |
|
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.