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 | |
|---|---|---|---|---|---|---|
|
COUP
851
PUT
DELISTED
Coupa Software Incorporated
COUP
| $37.2M | 0.01% |
294,000
+171,400
| +140% | +$18.4M |
|
852
CALL
Dropbox
DBX
$7.58B
| $37.1M | 0.01% |
1,482,200
+654,800
| +79% | +$15.1M |
|
853
CALL
iShares US Transportation ETF
IYT
$2.27B
| $37.1M | 0.01% |
788,000
+230,800
| +41% | +$10.9M |
|
854
General Mills
GIS
$21.9B
| $37M | 0.01% |
704,963
+517,191
| +275% | +$26.7M |
|
|
ETFC
855
DELISTED
E*Trade Financial Corporation
ETFC
| $37M | 0.01% |
829,207
-197,718
| -19% | -$9.44M |
|
856
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $36.9M | 0.01% |
3,736,500
-1,164,000
| -24% | -$11.6M |
|
857
Viatris
VTRS
$19B
| $36.9M | 0.01% |
1,938,375
+1,048,315
| +118% | +$23.2M |
|
858
PUT
Rio Tinto
RIO
$170B
| $36.8M | 0.01% |
590,500
+39,400
| +7% | +$2.36M |
|
859
PUT
Southwest Airlines
LUV
$19.9B
| $36.7M | 0.01% |
723,200
-681,800
| -49% | -$35.3M |
|
860
CALL
Darden Restaurants
DRI
$25.6B
| $36.7M | 0.01% |
301,300
-16,800
| -5% | -$2M |
|
|
MDCO
861
PUT
DELISTED
Medicines Co
MDCO
| $36.6M | 0.01% |
1,004,600
+681,300
| +211% | +$22.2M |
|
862
PUT
Paycom
PAYC
$10.3B
| $36.6M | 0.01% |
161,500
-20,100
| -11% | -$4.13M |
|
863
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$245M
| $36.6M | 0.01% |
10,043
+8,128
| +424% | +$31.1M |
|
864
PUT
International Flavors & Fragrances
IFF
$21.9B
| $36.5M | 0.01% |
251,800
-40,900
| -14% | -$5.68M |
|
|
K
865
PUT
DELISTED
Kellanova
K
| $36.4M | 0.01% |
724,520
+120,665
| +20% | +$6.41M |
|
|
ETFC
866
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $36.4M | 0.01% |
816,600
+465,700
| +133% | +$22.2M |
|
867
iShares MSCI Hong Kong ETF
EWH
$1.28B
| $36.4M | 0.01% |
1,407,222
+897,631
| +176% | +$23.2M |
|
868
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $36.4M | 0.01% |
321,000
+273,000
| +569% | +$30.1M |
|
|
CRON
869
CALL
Cronos Group
CRON
$1.26B
| $36.3M | 0.01% |
2,270,200
-363,500
| -14% | -$5.87M |
|
870
PUT
Abbott
ABT
$202B
| $36.3M | 0.01% |
431,200
-163,500
| -27% | -$12.9M |
|
|
S
871
CALL
DELISTED
Sprint Corporation
S
| $36.2M | 0.01% |
5,516,300
+3,137,900
| +132% | +$19.8M |
|
872
CALL
Becton Dickinson
BDX
$52B
| $36.2M | 0.01% |
147,088
-18,347
| -11% | -$4.26M |
|
873
PUT
US Bancorp
USB
$97.3B
| $36.1M | 0.01% |
689,500
-232,100
| -25% | -$12M |
|
874
CALL
Equinix
EQIX
$104B
| $36.1M | 0.01% |
71,600
-12,400
| -15% | -$5.95M |
|
875
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $36.1M | 0.01% |
1,385,200
+565,400
| +69% | +$14.7M |
|
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.