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 | |
|---|---|---|---|---|---|---|
901
PUT
Estee Lauder
EL
$37.6B
| $34.8M | 0.01% |
190,200
-204,800
| -52% | -$35M |
|
902
PUT
Ubiquiti
UI
$34.1B
| $34.6M | 0.01% |
263,500
-8,600
| -3% | -$1.25M |
|
|
TIF
903
CALL
DELISTED
Tiffany & Co.
TIF
| $34.6M | 0.01% |
369,300
-282,700
| -43% | -$28.1M |
|
904
CALL
Sea Limited
SE
$73.7B
| $34.6M | 0.01% |
1,040,800
+267,900
| +35% | +$7.26M |
|
905
PUT
iShares TIPS Bond ETF
TIP
$15.1B
| $34.5M | 0.01% |
298,900
+250,700
| +520% | +$28.5M |
|
906
CALL
International Flavors & Fragrances
IFF
$22B
| $34.5M | 0.01% |
237,800
+131,200
| +123% | +$18.2M |
|
907
CALL
TransDigm Group
TDG
$66B
| $34.5M | 0.01% |
71,300
+18,200
| +34% | +$8.51M |
|
908
Philip Morris
PM
$301B
| $34.5M | 0.01% |
438,845
+396,310
| +932% | +$32.7M |
|
909
Cisco
CSCO
$438B
| $34.4M | 0.01% |
629,399
+610,511
| +3,232% | +$33.7M |
|
910
uniQure
QURE
$3.48B
| $34.4M | 0.01% |
440,606
+177,349
| +67% | +$11.3M |
|
911
PUT
ConocoPhillips
COP
$159B
| $34.4M | 0.01% |
564,300
-330,800
| -37% | -$20.6M |
|
912
CALL
Hasbro
HAS
$13.6B
| $34M | 0.01% |
322,200
-24,700
| -7% | -$2.43M |
|
913
PUT
Stanley Black & Decker
SWK
$14.8B
| $34M | 0.01% |
234,900
+24,200
| +11% | +$3.41M |
|
|
BPMC
914
CALL
DELISTED
Blueprint Medicines
BPMC
| $33.9M | 0.01% |
359,500
+290,200
| +419% | +$24M |
|
915
CALL
Teva Pharmaceuticals
TEVA
$43.8B
| $33.9M | 0.01% |
3,671,000
-10,700
| -0.3% | -$129K |
|
916
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $33.9M | 0.01% |
1,202,700
-1,112,300
| -48% | -$31M |
|
|
KSU
917
CALL
DELISTED
Kansas City Southern
KSU
| $33.8M | 0.01% |
277,700
+21,400
| +8% | +$2.56M |
|
918
CALL
Martin Marietta Materials
MLM
$38B
| $33.8M | 0.01% |
146,900
-113,700
| -44% | -$24.6M |
|
919
CALL
Tractor Supply
TSCO
$18.7B
| $33.8M | 0.01% |
1,551,000
+562,500
| +57% | +$11.6M |
|
|
X
920
CALL
DELISTED
US Steel
X
| $33.7M | 0.01% |
2,201,100
+410,000
| +23% | +$6.32M |
|
|
EXAS
921
DELISTED
Exact Sciences
EXAS
| $33.7M | 0.01% |
285,206
+193,674
| +212% | +$19.5M |
|
|
922
iShares TIPS Bond ETF
TIP
$15.1B
| $33.6M | 0.01% |
+291,175
| New | +$33.1M |
|
923
CALL
Oneok
OKE
$58.2B
| $33.6M | 0.01% |
488,600
+107,800
| +28% | +$7.27M |
|
924
PUT
Vanguard Real Estate ETF
VNQ
$39.4B
| $33.5M | 0.01% |
383,300
+133,900
| +54% | +$11.7M |
|
925
CALL
KLA
KLAC
$239B
| $33.5M | 0.01% |
2,832,000
-27,000
| -0.9% | -$312K |
|
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.