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 | |
|---|---|---|---|---|---|---|
926
PUT
TSMC
TSM
$2.13T
| $29.3M | 0.01% |
715,800
-798,300
| -53% | -$30.5M |
|
927
PUT
Melco Resorts & Entertainment
MLCO
$2.08B
| $29.3M | 0.01% |
1,296,600
-295,900
| -19% | -$6.43M |
|
928
CALL
Conagra Brands
CAG
$8B
| $29.3M | 0.01% |
1,055,200
+425,400
| +68% | +$9.75M |
|
929
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $29.2M | 0.01% |
471,800
-353,600
| -43% | -$20.6M |
|
930
PUT
Papa John's
PZZA
$793M
| $29.2M | 0.01% |
550,900
+405,800
| +280% | +$17.9M |
|
931
CALL
Toyota
TM
$229B
| $29.1M | 0.01% |
246,800
+153,600
| +165% | +$18.6M |
|
932
PUT
DXC Technology
DXC
$1.7B
| $29.1M | 0.01% |
452,300
+259,300
| +134% | +$16.6M |
|
|
JWN
933
PUT
DELISTED
Nordstrom
JWN
| $29M | 0.01% |
652,900
+305,800
| +88% | +$13.9M |
|
934
PUT
CSX Corp
CSX
$95.3B
| $29M | 0.01% |
1,161,000
-3,487,200
| -75% | -$80.7M |
|
935
PUT
TJX Companies
TJX
$155B
| $28.9M | 0.01% |
543,500
+37,700
| +7% | +$1.88M |
|
|
ETFC
936
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $28.9M | 0.01% |
621,900
+24,900
| +4% | +$1.19M |
|
937
Goodyear
GT
$1.73B
| $28.9M | 0.01% |
1,589,633
+704,730
| +80% | +$13.7M |
|
938
PUT
Stanley Black & Decker
SWK
$14.9B
| $28.7M | 0.01% |
210,700
-2,700
| -1% | -$352K |
|
939
PUT
General Dynamics
GD
$104B
| $28.7M | 0.01% |
169,400
-259,700
| -61% | -$43.8M |
|
940
CALL
Paycom
PAYC
$10.3B
| $28.7M | 0.01% |
151,600
+40,600
| +37% | +$6.6M |
|
941
PUT
Elanco Animal Health
ELAN
$12.2B
| $28.6M | 0.01% |
893,100
+854,400
| +2,208% | +$26.3M |
|
|
KYNB
942
PUT
Kyntra Bio
KYNB
$32.3M
| $28.6M | 0.01% |
21,080
+7,664
| +57% | +$10.4M |
|
|
SKX
943
PUT
DELISTED
Skechers
SKX
| $28.6M | 0.01% |
850,900
+326,200
| +62% | +$9.75M |
|
944
PUT
Hasbro
HAS
$13.5B
| $28.5M | 0.01% |
335,500
+236,300
| +238% | +$20.6M |
|
|
GG
945
PUT
DELISTED
Goldcorp Inc
GG
| $28.4M | 0.01% |
2,482,700
-3,592,700
| -59% | -$38.6M |
|
946
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$25.8M
| $28.3M | 0.01% |
144
-14
| -9% | -$2.88M |
|
947
CALL
Bunge Global
BG
$21.2B
| $28.3M | 0.01% |
533,400
+290,900
| +120% | +$15.4M |
|
948
PUT
Kohl's
KSS
$2.08B
| $28.1M | 0.01% |
409,100
-482,600
| -54% | -$32.7M |
|
949
PUT
Targa Resources
TRGP
$63.1B
| $28.1M | 0.01% |
676,900
+159,500
| +31% | +$6.69M |
|
950
PUT
LyondellBasell Industries
LYB
$21.1B
| $28M | 0.01% |
333,500
+88,900
| +36% | +$7.68M |
|
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.