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 | |
|---|---|---|---|---|---|---|
|
SPLK
776
DELISTED
Splunk Inc
SPLK
| $37.6M | 0.02% |
301,461
+81,405
| +37% | +$10.2M |
|
777
PUT
Centene
CNC
$32.4B
| $37.5M | 0.02% |
706,900
+157,300
| +29% | +$9.55M |
|
778
PUT
Invesco Senior Loan ETF
BKLN
$6.77B
| $37.5M | 0.02% |
1,657,400
+1,319,900
| +391% | +$29.8M |
|
779
CALL
Exelon
EXC
$45.7B
| $37.5M | 0.02% |
1,047,995
-416,114
| -28% | -$14.2M |
|
780
PUT
KB Home
KBH
$3.41B
| $37.4M | 0.02% |
1,548,800
+709,000
| +84% | +$15.7M |
|
781
PUT
NextEra Energy
NEE
$175B
| $37.3M | 0.02% |
770,800
-160,000
| -17% | -$7.32M |
|
782
PUT
Microchip Technology
MCHP
$40.3B
| $37.1M | 0.02% |
893,800
+78,000
| +10% | +$3.23M |
|
783
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $37M | 0.02% |
201,300
-727,700
| -78% | -$134M |
|
|
ZIONW
784
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $37M | 0.02% |
2,845,798
| – | – |
|
785
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $36.9M | 0.02% |
1,285,884
-246,579
| -16% | -$6.31M |
|
786
CALL
Papa John's
PZZA
$793M
| $36.8M | 0.02% |
695,500
+622,400
| +851% | +$27.5M |
|
|
FL
787
CALL
DELISTED
Foot Locker
FL
| $36.7M | 0.02% |
605,900
+356,400
| +143% | +$20.8M |
|
788
Newell Brands
NWL
$2.59B
| $36.7M | 0.02% |
2,392,789
+2,257,974
| +1,675% | +$41.5M |
|
789
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $36.7M | 0.02% |
1,400,800
-1,759,200
| -56% | -$43.2M |
|
790
CALL
American International
AIG
$40.5B
| $36.7M | 0.02% |
851,600
-30,900
| -4% | -$1.32M |
|
791
CALL
Zoetis
ZTS
$31.9B
| $36.6M | 0.02% |
364,000
+4,400
| +1% | +$400K |
|
792
CALL
Viatris
VTRS
$19B
| $36.6M | 0.02% |
1,292,600
+342,500
| +36% | +$9.99M |
|
793
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $36.5M | 0.02% |
874,400
+252,700
| +41% | +$10.8M |
|
|
LSXMK
794
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $36.4M | 0.02% |
1,250,900
-41,314
| -3% | -$1.25M |
|
795
CALL
Stanley Black & Decker
SWK
$14.9B
| $36.4M | 0.01% |
267,100
+58,900
| +28% | +$7.68M |
|
|
SAGE
796
PUT
DELISTED
Sage Therapeutics
SAGE
| $36.3M | 0.01% |
228,200
-16,800
| -7% | -$2.43M |
|
797
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $36.2M | 0.01% |
990,900
+537,000
| +118% | +$19.1M |
|
798
BlackBerry
BB
$4.48B
| $36.2M | 0.01% |
3,591,719
-81,144
| -2% | -$683K |
|
799
CALL
LyondellBasell Industries
LYB
$21.1B
| $36.2M | 0.01% |
430,800
+156,000
| +57% | +$13.5M |
|
|
DOCU
800
PUT
DocuSign
DOCU
$11.9B
| $36M | 0.01% |
695,100
+460,000
| +196% | +$23.5M |
|
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.