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 | |
|---|---|---|---|---|---|---|
1026
CALL
Motorola Solutions
MSI
$79.7B
| $28.8M | 0.01% |
172,600
-27,000
| -14% | -$4.07M |
|
1027
CALL
HubSpot
HUBS
$12.2B
| $28.8M | 0.01% |
168,700
+35,000
| +26% | +$6.11M |
|
|
WP
1028
DELISTED
Worldpay, Inc.
WP
| $28.7M | 0.01% |
234,181
+225,219
| +2,513% | +$26.7M |
|
1029
PUT
J.M. Smucker
SJM
$13.5B
| $28.6M | 0.01% |
248,600
+12,900
| +5% | +$1.58M |
|
|
GAP
1030
PUT
The Gap Inc
GAP
$7.33B
| $28.6M | 0.01% |
1,591,400
-116,400
| -7% | -$2.61M |
|
1031
CALL
Ligand Pharmaceuticals
LGND
$5.59B
| $28.6M | 0.01% |
401,391
-100,669
| -20% | -$7.41M |
|
1032
PUT
WIX.com
WIX
$3.53B
| $28.4M | 0.01% |
200,200
-48,400
| -19% | -$6.53M |
|
1033
CALL
Carvana
CVNA
$79.5B
| $28.4M | 0.01% |
2,269,500
-714,500
| -24% | -$9.18M |
|
1034
PUT
Fidelity National Information Services
FIS
$21.4B
| $28.4M | 0.01% |
231,400
-84,800
| -27% | -$9.96M |
|
1035
CALL
Eagle Materials
EXP
$6.27B
| $28.3M | 0.01% |
305,500
+39,100
| +15% | +$3.45M |
|
1036
CALL
Vodafone
VOD
$36.9B
| $28.3M | 0.01% |
1,730,800
-396,300
| -19% | -$6.82M |
|
1037
PUT
Dropbox
DBX
$7.58B
| $28.2M | 0.01% |
1,125,700
+444,600
| +65% | +$10.3M |
|
1038
Bunge Global
BG
$21.2B
| $28.2M | 0.01% |
505,981
-259,174
| -34% | -$13.8M |
|
1039
PUT
Gen Digital
GEN
$17.4B
| $28.2M | 0.01% |
1,294,300
-150,100
| -10% | -$3.23M |
|
1040
PUT
BlackBerry
BB
$4.48B
| $28.1M | 0.01% |
3,768,100
+804,700
| +27% | +$6.98M |
|
1041
PUT
Vulcan Materials
VMC
$35.8B
| $28.1M | 0.01% |
204,400
-47,800
| -19% | -$6.1M |
|
1042
PUT
D.R. Horton
DHI
$41.7B
| $28M | 0.01% |
649,700
-18,700
| -3% | -$828K |
|
1043
PUT
Tyson Foods
TSN
$20.4B
| $28M | 0.01% |
346,800
+113,800
| +49% | +$8.77M |
|
1044
CALL
Trip.com Group
TCOM
$29B
| $28M | 0.01% |
758,200
-289,800
| -28% | -$11.4M |
|
1045
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $28M | 0.01% |
435,400
-295,700
| -40% | -$20.9M |
|
1046
Blackstone
BX
$108B
| $27.9M | 0.01% |
628,881
-1,731,006
| -73% | -$69M |
|
1047
PUT
Transocean
RIG
$6.44B
| $27.9M | 0.01% |
4,357,300
-229,400
| -5% | -$1.7M |
|
1048
CALL
FirstEnergy
FE
$26.9B
| $27.9M | 0.01% |
652,200
+69,300
| +12% | +$2.91M |
|
1049
PG&E
PCG
$39.9B
| $27.9M | 0.01% |
+1,218,063
| New | +$24.5M |
|
1050
PUT
Devon Energy
DVN
$53.1B
| $27.9M | 0.01% |
978,700
+349,900
| +56% | +$10.4M |
|
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.