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 | Miscellaneous | 89.12% |
| 2 | Technology | 2.44% |
| 3 | Consumer Discretionary | 1.83% |
| 4 | Communication Services | 1.72% |
| 5 | Financials | 1.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
8701
CALL
Covenant Logistics
CVLG
$912M
| $243K | ﹤0.01% |
33,000
-16,200
| -33% | -$142K |
|
8702
Empire State Realty Trust
ESRT
$810M
| $243K | ﹤0.01% |
+16,380
| New | +$253K |
|
8703
CALL
FTI Consulting
FCN
$4.22B
| $243K | ﹤0.01% |
2,900
-283,900
| -99% | -$23.3M |
|
8704
Old Republic International
ORI
$10.2B
| $243K | ﹤0.01% |
+10,871
| New | +$239K |
|
8705
PUT
Tilly's
TLYS
$116M
| $243K | ﹤0.01% |
31,900
-1,800
| -5% | -$18.2K |
|
8706
PUT
V2X
VVX
$2.45B
| $243K | ﹤0.01% |
6,000
-50,800
| -89% | -$1.86M |
|
|
QTT
8707
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $243K | ﹤0.01% |
+6,170
| New | +$391K |
|
|
ZNH
8708
DELISTED
China Southern Airlines Company Limited
ZNH
| $243K | ﹤0.01% |
7,078
-18,105
| -72% | -$695K |
|
8709
AllianceBernstein
AB
$3.42B
| $242K | ﹤0.01% |
8,134
-36,777
| -82% | -$1.07M |
|
8710
eGain
EGAN
$203M
| $242K | ﹤0.01% |
+29,711
| New | +$269K |
|
8711
Invesco Oil & Gas Services ETF
PXJ
$65.6M
| $242K | ﹤0.01% |
7,896
-1,003
| -11% | -$32.7K |
|
8712
Reading International Class A
RDI
$48.1M
| $242K | ﹤0.01% |
+18,614
| New | +$268K |
|
|
QADA
8713
DELISTED
QAD Inc.
QADA
| $242K | ﹤0.01% |
+6,006
| New | +$268K |
|
|
COOP
8714
DELISTED
Mr. Cooper
COOP
| $241K | ﹤0.01% |
+30,091
| New | +$253K |
|
8715
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$265M
| $241K | ﹤0.01% |
7,490
-10,652
| -59% | -$345K |
|
8716
CALL
Fortis
FTS
$28B
| $241K | ﹤0.01% |
+6,100
| New | +$231K |
|
8717
PUT
ProShares UltraShort FTSE China 50 of ProShares Trust
FXP
$5.43M
| $241K | ﹤0.01% |
2,000
-850
| -30% | -$106K |
|
8718
Griffon
GFF
$4.49B
| $241K | ﹤0.01% |
+14,236
| New | +$244K |
|
8719
CALL
Gates Industrial Corp
GTES
$6.72B
| $241K | ﹤0.01% |
21,100
-3,900
| -16% | -$52.4K |
|
8720
Hasbro
HAS
$13.3B
| $241K | ﹤0.01% |
2,282
-8,940
| -80% | -$881K |
|
8721
ClearShares Ultra-Short Maturity ETF
OPER
$115M
| $241K | ﹤0.01% |
2,404
-126
| -5% | -$12.6K |
|
8722
PUT
Zai Lab
ZLAB
$3.01B
| $241K | ﹤0.01% |
6,900
-2,200
| -24% | -$64.8K |
|
8723
PUT
Enova International
ENVA
$5.96B
| $240K | ﹤0.01% |
+10,400
| New | +$249K |
|
8724
PUT
Comfort Systems
FIX
$56.8B
| $240K | ﹤0.01% |
4,700
-24,300
| -84% | -$1.25M |
|
8725
ORIX
IX
$41.9B
| $240K | ﹤0.01% |
+16,050
| New | +$230K |
|
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 $17.9B 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 Miscellaneous at 89% of assets, down from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
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.