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 | |
|---|---|---|---|---|---|---|
|
BZUN
1001
PUT
Baozun
BZUN
$164M
| $29.9M | 0.01% |
600,000
-230,500
| -28% | -$9.95M |
|
|
SCHW
1002
CALL
Charles Schwab
SCHW
$197B
| $29.9M | 0.01% |
743,700
+11,800
| +2% | +$514K |
|
|
BLUE
1003
CALL
DELISTED
bluebird bio
BLUE
| $29.9M | 0.01% |
18,134
-8,500
| -32% | -$14.7M |
|
1004
iShares MSCI South Korea ETF
EWY
$27B
| $29.9M | 0.01% |
498,699
+372,772
| +296% | +$22.1M |
|
1005
PUT
Ralph Lauren
RL
$22.1B
| $29.8M | 0.01% |
262,700
-87,800
| -25% | -$10.5M |
|
1006
CALL
Wheaton Precious Metals
WPM
$72.8B
| $29.7M | 0.01% |
1,228,900
-164,200
| -12% | -$3.64M |
|
1007
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $29.7M | 0.01% |
238,900
-176,500
| -42% | -$21.2M |
|
1008
PUT
Illinois Tool Works
ITW
$80.9B
| $29.7M | 0.01% |
196,700
+40,900
| +26% | +$6.17M |
|
1009
PUT
Bath & Body Works
BBWI
$3.86B
| $29.7M | 0.01% |
1,405,479
+151,408
| +12% | +$2.99M |
|
1010
CALL
Energy Transfer Partners
ET
$72.6B
| $29.6M | 0.01% |
2,105,300
+290,000
| +16% | +$4.29M |
|
1011
CALL
Rockwell Automation
ROK
$47.7B
| $29.6M | 0.01% |
180,700
+53,000
| +42% | +$8.96M |
|
1012
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$301M
| $29.5M | 0.01% |
1,020,100
-224,800
| -18% | -$7.18M |
|
|
SAGE
1013
CALL
DELISTED
Sage Therapeutics
SAGE
| $29.5M | 0.01% |
161,200
-8,100
| -5% | -$1.38M |
|
|
ABMD
1014
CALL
DELISTED
Abiomed Inc
ABMD
| $29.5M | 0.01% |
113,100
+26,600
| +31% | +$7.06M |
|
|
XEC
1015
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $29.4M | 0.01% |
495,500
+251,000
| +103% | +$16.1M |
|
1016
PUT
Deckers Outdoor
DECK
$12.5B
| $29.3M | 0.01% |
1,000,200
+373,800
| +60% | +$9.72M |
|
1017
CALL
Synchrony
SYF
$26B
| $29.3M | 0.01% |
845,400
-4,200
| -0.5% | -$142K |
|
1018
PUT
Trip.com Group
TCOM
$29B
| $29.3M | 0.01% |
792,600
-115,600
| -13% | -$4.56M |
|
|
JOYY
1019
CALL
JOYY Inc
JOYY
$3.7B
| $29.2M | 0.01% |
419,700
+8,800
| +2% | +$671K |
|
1020
CALL
VanEck Oil Services ETF
OIH
$1.94B
| $29.2M | 0.01% |
98,600
+24,815
| +34% | +$7.74M |
|
1021
CALL
HP
HPQ
$26.1B
| $29.1M | 0.01% |
1,401,600
+971,500
| +226% | +$19.2M |
|
1022
PUT
State Street SPDR S&P Retail ETF
XRT
$329M
| $29.1M | 0.01% |
685,800
-366,800
| -35% | -$15.9M |
|
|
VIAB
1023
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $29M | 0.01% |
970,300
-977,400
| -50% | -$28.6M |
|
1024
CALL
VF Corp
VFC
$5.63B
| $28.8M | 0.01% |
330,200
+158,687
| +93% | +$13.7M |
|
1025
PUT
Advance Auto Parts
AAP
$2.63B
| $28.8M | 0.01% |
187,100
-16,600
| -8% | -$2.7M |
|
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.