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 | |
|---|---|---|---|---|---|---|
976
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$401M
| $27.1M | 0.01% |
201,440
-44,784
| -18% | -$5.19M |
|
977
CALL
Synchrony
SYF
$26B
| $27.1M | 0.01% |
849,600
+473,300
| +126% | +$14.2M |
|
978
CALL
Lumen
LUMN
$5.85B
| $27M | 0.01% |
2,253,500
-952,500
| -30% | -$13.2M |
|
|
SAGE
979
CALL
DELISTED
Sage Therapeutics
SAGE
| $26.9M | 0.01% |
169,300
-178,300
| -51% | -$25.8M |
|
|
WP
980
PUT
DELISTED
Worldpay, Inc.
WP
| $26.9M | 0.01% |
236,900
+182,700
| +337% | +$16.6M |
|
981
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$66.9M
| $26.8M | 0.01% |
593
+147
| +33% | +$7.33M |
|
982
CALL
BioMarin Pharmaceuticals
BMRN
$12.6B
| $26.8M | 0.01% |
301,400
+96,300
| +47% | +$8.93M |
|
|
HTZ
983
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $26.7M | 0.01% |
1,770,008
-289,016
| -14% | -$4.21M |
|
984
Transocean
RIG
$6.44B
| $26.7M | 0.01% |
3,061,196
+2,219,936
| +264% | +$19M |
|
985
CALL
NIO
NIO
$10.9B
| $26.7M | 0.01% |
5,227,700
+3,502,500
| +203% | +$24.8M |
|
|
LNW
986
DELISTED
Light & Wonder
LNW
| $26.6M | 0.01% |
1,305,068
+220,057
| +20% | +$5.26M |
|
987
CALL
Oneok
OKE
$58.6B
| $26.6M | 0.01% |
380,800
-28,200
| -7% | -$1.83M |
|
988
CALL
AstraZeneca
AZN
$259B
| $26.4M | 0.01% |
326,450
-149,550
| -31% | -$11.8M |
|
989
PUT
Teck Resources
TECK
$34.4B
| $26.4M | 0.01% |
1,138,800
-1,085,800
| -49% | -$24.5M |
|
|
GG
990
DELISTED
Goldcorp Inc
GG
| $26.4M | 0.01% |
2,304,942
-4,150,925
| -64% | -$44.6M |
|
|
PARA
991
PUT
DELISTED
Paramount Global Class B
PARA
| $26.2M | 0.01% |
551,000
-97,100
| -15% | -$4.73M |
|
992
Ferrari
RACE
$74.6B
| $26.1M | 0.01% |
195,360
+66,592
| +52% | +$8.16M |
|
993
CALL
iShares US Transportation ETF
IYT
$2.27B
| $26.1M | 0.01% |
557,200
+417,600
| +299% | +$19M |
|
994
PUT
Children's Place
PLCE
$58M
| $25.9M | 0.01% |
266,500
+206,700
| +346% | +$18.8M |
|
995
Diamondback Energy
FANG
$57.6B
| $25.9M | 0.01% |
+255,301
| New | +$26.2M |
|
996
Berkshire Hathaway Class A
BRK.A
$1.08T
| $25.9M | 0.01% |
86
| – | – |
|
997
CALL
O'Reilly Automotive
ORLY
$73.4B
| $25.9M | 0.01% |
999,000
-2,595,000
| -72% | -$62.8M |
|
|
APC
998
DELISTED
Anadarko Petroleum
APC
| $25.9M | 0.01% |
+568,578
| New | +$25.8M |
|
999
CALL
Baxter International
BAX
$13.7B
| $25.8M | 0.01% |
317,900
-31,800
| -9% | -$2.31M |
|
1000
CALL
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$21.1M
| $25.8M | 0.01% |
58,750
+37,820
| +181% | +$17.9M |
|
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.