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 | |
|---|---|---|---|---|---|---|
1001
PUT
KraneShares CSI China Internet ETF
KWEB
$5.18B
| $25.7M | 0.01% |
545,400
-216,300
| -28% | -$9.48M |
|
|
HES
1002
PUT
DELISTED
Hess
HES
| $25.7M | 0.01% |
426,300
-969,800
| -69% | -$53.4M |
|
1003
CALL
Sysco
SYY
$40.1B
| $25.7M | 0.01% |
384,400
+59,100
| +18% | +$3.84M |
|
1004
CALL
ProShares Ultra QQQ
QLD
$13.6B
| $25.6M | 0.01% |
2,280,000
+902,400
| +66% | +$9.09M |
|
|
RSX
1005
DELISTED
VanEck Russia ETF
RSX
| $25.4M | 0.01% |
+1,234,532
| New | +$25.4M |
|
|
LKFT
1006
CALL
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.9B
| $25.4M | 0.01% |
215,900
+204,700
| +1,828% | +$20.6M |
|
1007
CALL
VanEck Oil Services ETF
OIH
$1.94B
| $25.4M | 0.01% |
73,785
-43,630
| -37% | -$14.7M |
|
1008
PUT
United States Natural Gas Fund
UNG
$511M
| $25.4M | 0.01% |
270,725
-1,462,975
| -84% | -$146M |
|
1009
CALL
Public Storage
PSA
$60.7B
| $25.4M | 0.01% |
116,400
-12,000
| -9% | -$2.51M |
|
|
AVB
1010
PUT
DELISTED
AvalonBay Communities
AVB
| $25.3M | 0.01% |
126,200
+38,700
| +44% | +$7.4M |
|
1011
PUT
Signet Jewelers
SIG
$3.24B
| $25.3M | 0.01% |
931,700
+635,300
| +214% | +$17.5M |
|
|
SFIX
1012
PUT
Stitch Fix
SFIX
$439M
| $25.3M | 0.01% |
894,900
+333,600
| +59% | +$8.28M |
|
1013
CALL
Campbell Soup
CPB
$7.2B
| $25.3M | 0.01% |
662,300
+320,700
| +94% | +$11.3M |
|
|
JOYY
1014
JOYY Inc
JOYY
$3.7B
| $25.3M | 0.01% |
300,578
+161,366
| +116% | +$11.7M |
|
1015
Viatris
VTRS
$19B
| $25.2M | 0.01% |
890,060
-280,676
| -24% | -$8.19M |
|
1016
PUT
Enterprise Products Partners
EPD
$82.8B
| $25.2M | 0.01% |
865,500
-118,900
| -12% | -$3.32M |
|
1017
PUT
Atlassian
TEAM
$43.4B
| $25.2M | 0.01% |
223,900
+72,800
| +48% | +$7.44M |
|
1018
CALL
Ross Stores
ROST
$77.5B
| $25.1M | 0.01% |
269,500
+114,200
| +74% | +$10.5M |
|
|
KSU
1019
PUT
DELISTED
Kansas City Southern
KSU
| $25.1M | 0.01% |
216,100
-71,700
| -25% | -$7.74M |
|
1020
CALL
Canadian Pacific Kansas City
CP
$83.2B
| $25.1M | 0.01% |
608,000
-353,500
| -37% | -$14.2M |
|
1021
CALL
iShares Russell 2000 Growth ETF
IWO
$15B
| $25M | 0.01% |
127,300
+58,100
| +84% | +$11.1M |
|
1022
PUT
Yelp
YELP
$1.29B
| $25M | 0.01% |
724,500
-966,600
| -57% | -$35M |
|
1023
PUT
PPG Industries
PPG
$25.2B
| $25M | 0.01% |
221,300
-100,900
| -31% | -$10.8M |
|
|
RDS.B
1024
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $25M | 0.01% |
390,500
-186,900
| -32% | -$11.8M |
|
1025
PUT
Cognizant
CTSH
$28B
| $24.9M | 0.01% |
343,900
+200
| +0.1% | +$14K |
|
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.