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 | |
|---|---|---|---|---|---|---|
801
CALL
United States Natural Gas Fund
UNG
$511M
| $40.6M | 0.01% |
510,600
+41,200
| +9% | +$3.59M |
|
802
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $40.2M | 0.01% |
365,700
-123,100
| -25% | -$13.2M |
|
803
CALL
Royal Caribbean
RCL
$78.4B
| $40.1M | 0.01% |
330,800
-138,700
| -30% | -$16.9M |
|
804
PUT
Carvana
CVNA
$79.5B
| $40.1M | 0.01% |
3,201,000
+1,158,500
| +57% | +$14.9M |
|
805
PUT
Clorox
CLX
$13B
| $40M | 0.01% |
261,400
+171,300
| +190% | +$26.2M |
|
806
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $39.9M | 0.01% |
1,481,400
+80,600
| +6% | +$2.13M |
|
|
RSX
807
PUT
DELISTED
VanEck Russia ETF
RSX
| $39.9M | 0.01% |
1,686,800
+567,300
| +51% | +$12.4M |
|
808
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $39.6M | 0.01% |
1,355,400
+282,200
| +26% | +$7.96M |
|
809
Twilio
TWLO
$34.2B
| $39.6M | 0.01% |
290,490
-177,920
| -38% | -$23.7M |
|
810
NXP Semiconductors
NXPI
$56.1B
| $39.4M | 0.01% |
403,178
+316,155
| +363% | +$30.6M |
|
811
PUT
Nektar Therapeutics
NKTR
$2.52B
| $39.1M | 0.01% |
73,327
+11,300
| +18% | +$5.67M |
|
812
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $39.1M | 0.01% |
260,500
+51,700
| +25% | +$7.61M |
|
813
PUT
KB Home
KBH
$3.41B
| $39.1M | 0.01% |
1,519,400
-29,400
| -2% | -$757K |
|
814
Constellation Brands
STZ
$23.5B
| $39.1M | 0.01% |
198,302
-27,851
| -12% | -$5.44M |
|
|
TGE
815
PUT
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $39M | 0.01% |
1,849,100
-34,100
| -2% | -$807K |
|
816
PUT
GSK
GSK
$104B
| $38.9M | 0.01% |
777,600
+209,360
| +37% | +$10.5M |
|
817
PUT
Weibo
WB
$1.72B
| $38.8M | 0.01% |
890,900
-90,800
| -9% | -$5.09M |
|
|
818
PUT
Royal Caribbean
RCL
$78.4B
| $38.6M | 0.01% |
318,700
-286,900
| -47% | -$35M |
|
819
PUT
Public Storage
PSA
$60.7B
| $38.6M | 0.01% |
162,100
+81,800
| +102% | +$18.8M |
|
820
CALL
Zillow
Z
$8.33B
| $38.5M | 0.01% |
830,900
+215,700
| +35% | +$8.59M |
|
|
ICPT
821
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $38.4M | 0.01% |
482,200
-14,600
| -3% | -$1.31M |
|
822
CALL
Herbalife
HLF
$1.32B
| $38.3M | 0.01% |
895,700
+17,100
| +2% | +$810K |
|
823
PUT
Colgate-Palmolive
CL
$73.8B
| $38.3M | 0.01% |
534,100
-252,900
| -32% | -$18M |
|
824
CALL
MGM Resorts International
MGM
$11B
| $38.3M | 0.01% |
1,339,300
-469,200
| -26% | -$12.5M |
|
825
CALL
Hilton Worldwide
HLT
$74.3B
| $38.3M | 0.01% |
391,400
+118,100
| +43% | +$10.7M |
|
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.