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 | |
|---|---|---|---|---|---|---|
901
Marathon Petroleum
MPC
$102B
| $30.6M | 0.01% |
510,795
+496,775
| +3,543% | +$31.3M |
|
902
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $30.4M | 0.01% |
497,100
-16,600
| -3% | -$973K |
|
|
DFS
903
CALL
DELISTED
Discover Financial Services
DFS
| $30.3M | 0.01% |
425,800
+35,500
| +9% | +$2.43M |
|
904
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $30.2M | 0.01% |
208,800
+164,800
| +375% | +$23M |
|
|
GRUB
905
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $30.2M | 0.01% |
217,300
+22,800
| +12% | +$3.53M |
|
906
CALL
Devon Energy
DVN
$53.1B
| $30.2M | 0.01% |
955,900
-1,756,200
| -65% | -$49.1M |
|
907
Ingevity
NGVT
$2.37B
| $30.1M | 0.01% |
284,704
+276,083
| +3,202% | +$27.7M |
|
908
PUT
New Oriental
EDU
$8.97B
| $30M | 0.01% |
333,500
+181,600
| +120% | +$13.7M |
|
909
PUT
WIX.com
WIX
$3.53B
| $30M | 0.01% |
248,600
-23,700
| -9% | -$2.57M |
|
|
WW
910
PUT
DELISTED
WW International
WW
| $30M | 0.01% |
1,487,400
+558,700
| +60% | +$15.4M |
|
911
PUT
BlackBerry
BB
$4.48B
| $29.9M | 0.01% |
2,963,400
-1,180,500
| -28% | -$9.93M |
|
912
PUT
Vulcan Materials
VMC
$35.8B
| $29.9M | 0.01% |
252,200
-59,600
| -19% | -$6.44M |
|
913
PUT
SolarEdge
SEDG
$1.85B
| $29.8M | 0.01% |
791,400
+192,400
| +32% | +$7.68M |
|
914
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $29.8M | 0.01% |
1,073,200
-627,200
| -37% | -$16.9M |
|
|
KSU
915
CALL
DELISTED
Kansas City Southern
KSU
| $29.7M | 0.01% |
256,300
+5,300
| +2% | +$572K |
|
916
PUT
GSK
GSK
$104B
| $29.7M | 0.01% |
568,240
-126,800
| -18% | -$6.34M |
|
917
CALL
Diageo
DEO
$53.4B
| $29.6M | 0.01% |
180,900
+7,700
| +4% | +$1.17M |
|
918
CALL
EQT Corp
EQT
$33.6B
| $29.6M | 0.01% |
1,427,000
+1,115,600
| +358% | +$21.8M |
|
|
RTN
919
DELISTED
Raytheon Company
RTN
| $29.5M | 0.01% |
162,046
-53,003
| -25% | -$9.24M |
|
|
JWN
920
CALL
DELISTED
Nordstrom
JWN
| $29.5M | 0.01% |
664,700
-57,900
| -8% | -$2.64M |
|
921
CALL
Hasbro
HAS
$13.5B
| $29.5M | 0.01% |
346,900
+113,700
| +49% | +$9.9M |
|
922
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $29.5M | 0.01% |
1,026,300
+247,000
| +32% | +$6.32M |
|
923
CALL
Royal Gold
RGLD
$22.3B
| $29.5M | 0.01% |
324,200
+15,400
| +5% | +$1.35M |
|
|
924
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $29.4M | 0.01% |
1,060,600
+177,000
| +20% | +$4.77M |
|
925
CALL
Entergy
ETR
$49.4B
| $29.3M | 0.01% |
613,200
+227,400
| +59% | +$10.3M |
|
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.