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 | |
|---|---|---|---|---|---|---|
1026
CALL
Omnicom Group
OMC
$24.4B
| $24.9M | 0.01% |
341,100
+5,700
| +2% | +$428K |
|
|
CZR
1027
CALL
DELISTED
Caesars Entertainment Corporation
CZR
| $24.8M | 0.01% |
2,857,200
-246,500
| -8% | -$2.14M |
|
1028
PUT
Corpay
CPAY
$27.2B
| $24.8M | 0.01% |
100,600
+24,600
| +32% | +$5.32M |
|
|
ABMD
1029
CALL
DELISTED
Abiomed Inc
ABMD
| $24.7M | 0.01% |
86,500
-12,700
| -13% | -$4.22M |
|
1030
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $24.7M | 0.01% |
1,677,600
-845,600
| -34% | -$11.5M |
|
1031
CALL
Etsy
ETSY
$7.99B
| $24.7M | 0.01% |
367,300
+53,000
| +17% | +$3.16M |
|
|
WWE
1032
PUT
DELISTED
World Wrestling Entertainment
WWE
| $24.6M | 0.01% |
283,900
+206,800
| +268% | +$17.4M |
|
1033
CALL
Ares Capital
ARCC
$14.4B
| $24.6M | 0.01% |
1,434,600
+659,200
| +85% | +$11M |
|
|
WBC
1034
PUT
DELISTED
WABCO HOLDINGS INC.
WBC
| $24.6M | 0.01% |
186,500
+132,300
| +244% | +$16.3M |
|
1035
PUT
Canadian Pacific Kansas City
CP
$83.2B
| $24.6M | 0.01% |
596,000
+98,000
| +20% | +$3.93M |
|
1036
PUT
Deutsche Bank
DB
$72.2B
| $24.5M | 0.01% |
3,013,600
-433,300
| -13% | -$3.8M |
|
|
BBBY
1037
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $24.4M | 0.01% |
1,435,200
-866,100
| -38% | -$13.1M |
|
|
DCH
1038
PUT
Dauch Corp
DCH
$1.53B
| $24.3M | 0.01% |
1,699,700
+671,400
| +65% | +$9.71M |
|
1039
CALL
Qorvo
QRVO
$8.41B
| $24.3M | 0.01% |
338,800
+53,500
| +19% | +$3.54M |
|
1040
CALL
Toronto Dominion Bank
TD
$193B
| $24.3M | 0.01% |
446,700
+104,900
| +31% | +$5.8M |
|
1041
CALL
FirstEnergy
FE
$26.9B
| $24.3M | 0.01% |
582,900
-197,400
| -25% | -$7.84M |
|
1042
PUT
Waste Management
WM
$90.5B
| $24.2M | 0.01% |
232,800
-144,600
| -38% | -$14.1M |
|
1043
CALL
Gen Digital
GEN
$17.4B
| $24.2M | 0.01% |
1,051,500
+43,000
| +4% | +$936K |
|
|
1044
CALL
Corpay
CPAY
$27.2B
| $24.1M | 0.01% |
97,800
-26,200
| -21% | -$5.67M |
|
1045
CALL
TransDigm Group
TDG
$66.3B
| $24.1M | 0.01% |
53,100
-32,700
| -38% | -$13.3M |
|
1046
CALL
Okta
OKTA
$22.8B
| $24M | 0.01% |
290,600
+84,700
| +41% | +$6.7M |
|
1047
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $24M | 0.01% |
623,100
+369,100
| +145% | +$13.7M |
|
|
B
1048
Barrick Mining
B
$79.3B
| $24M | 0.01% |
1,749,468
-6,901,039
| -80% | -$89.2M |
|
|
ZAYO
1049
PUT
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $23.9M | 0.01% |
842,400
-63,100
| -7% | -$1.67M |
|
1050
PUT
IPG Photonics
IPGP
$3.01B
| $23.9M | 0.01% |
157,600
+102,000
| +183% | +$14.4M |
|
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.