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 | |
|---|---|---|---|---|---|---|
876
CALL
O'Reilly Automotive
ORLY
$73.4B
| $36M | 0.01% |
1,462,500
+463,500
| +46% | +$11.7M |
|
|
GWPH
877
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $36M | 0.01% |
208,600
-59,900
| -22% | -$10.4M |
|
878
PUT
MetLife
MET
$61.1B
| $36M | 0.01% |
723,800
-249,400
| -26% | -$11.7M |
|
879
PUT
Edwards Lifesciences
EW
$52.2B
| $35.8M | 0.01% |
582,000
-110,700
| -16% | -$6.69M |
|
880
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $35.8M | 0.01% |
819,000
+423,000
| +107% | +$18.1M |
|
881
PUT
Baxter International
BAX
$13.7B
| $35.7M | 0.01% |
436,200
+314,500
| +258% | +$24.4M |
|
882
PUT
American International
AIG
$40.5B
| $35.7M | 0.01% |
670,400
-417,600
| -38% | -$20.8M |
|
883
Uber
UBER
$162B
| $35.7M | 0.01% |
+769,781
| New | +$32.7M |
|
884
PUT
Madison Square Garden
MSGS
$9.69B
| $35.6M | 0.01% |
178,334
+74,586
| +72% | +$15.9M |
|
885
PUT
Boston Beer
SAM
$1.95B
| $35.5M | 0.01% |
94,100
-54,400
| -37% | -$17.2M |
|
886
CALL
American Electric Power
AEP
$66.4B
| $35.4M | 0.01% |
402,200
-95,100
| -19% | -$8.2M |
|
887
CALL
Cognizant
CTSH
$28B
| $35.4M | 0.01% |
557,700
-39,200
| -7% | -$2.57M |
|
888
Alcoa
AA
$13B
| $35.3M | 0.01% |
1,509,640
+309,852
| +26% | +$7.72M |
|
889
APA Corp
APA
$15.1B
| $35.3M | 0.01% |
1,219,826
+561,792
| +85% | +$17.5M |
|
890
PUT
CarMax
KMX
$8.91B
| $35.2M | 0.01% |
405,300
-50,300
| -11% | -$3.93M |
|
891
CALL
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.8B
| $35.2M | 0.01% |
504,000
+3,500
| +0.7% | +$243K |
|
892
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $35.1M | 0.01% |
754,600
+145,800
| +24% | +$7.63M |
|
893
Dell
DELL
$280B
| $35.1M | 0.01% |
1,363,874
+1,279,712
| +1,521% | +$39.9M |
|
894
Albemarle
ALB
$16.7B
| $35.1M | 0.01% |
498,697
+225,837
| +83% | +$16.7M |
|
895
PUT
Cencora
COR
$61.8B
| $35.1M | 0.01% |
411,800
+3,400
| +0.8% | +$269K |
|
896
LyondellBasell Industries
LYB
$21.1B
| $35M | 0.01% |
+406,665
| New | +$34.7M |
|
897
PUT
Zillow
Z
$8.33B
| $35M | 0.01% |
754,100
-198,200
| -21% | -$7.89M |
|
898
PUT
International Paper
IP
$21.7B
| $34.9M | 0.01% |
851,664
-19,430
| -2% | -$823K |
|
899
CALL
Vale
VALE
$64B
| $34.9M | 0.01% |
2,595,700
-1,034,400
| -28% | -$13.3M |
|
900
Arista Networks
ANET
$237B
| $34.8M | 0.01% |
2,147,456
+1,127,552
| +111% | +$19.5M |
|
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.