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 | |
|---|---|---|---|---|---|---|
1101
CALL
VeriSign
VRSN
$26.3B
| $22.7M | 0.01% |
124,800
-53,400
| -30% | -$9.16M |
|
1102
iShares Silver Trust
SLV
$33.5B
| $22.6M | 0.01% |
1,593,391
+742,857
| +87% | +$10.8M |
|
1103
CALL
Eagle Materials
EXP
$6.27B
| $22.5M | 0.01% |
266,400
+162,500
| +156% | +$11.7M |
|
|
HUYA
1104
CALL
Huya Inc
HUYA
$491M
| $22.5M | 0.01% |
798,300
+169,700
| +27% | +$3.79M |
|
1105
CALL
Rockwell Automation
ROK
$47.7B
| $22.4M | 0.01% |
127,700
-16,100
| -11% | -$2.74M |
|
1106
PUT
HubSpot
HUBS
$12.2B
| $22.4M | 0.01% |
134,700
+61,500
| +84% | +$9.74M |
|
1107
Albemarle
ALB
$16.7B
| $22.4M | 0.01% |
272,860
+4,657
| +2% | +$381K |
|
1108
PUT
Illinois Tool Works
ITW
$80.9B
| $22.4M | 0.01% |
155,800
-38,000
| -20% | -$5.26M |
|
1109
PUT
ProShares UltraPro Dow 30
UDOW
$866M
| $22.3M | 0.01% |
926,400
+843,600
| +1,019% | +$18.7M |
|
|
X
1110
DELISTED
US Steel
X
| $22.3M | 0.01% |
1,141,698
+69,299
| +6% | +$1.47M |
|
|
1111
CALL
HubSpot
HUBS
$12.2B
| $22.2M | 0.01% |
133,700
+95,000
| +245% | +$15M |
|
1112
CALL
Fortinet
FTNT
$112B
| $22.2M | 0.01% |
1,322,500
+206,000
| +18% | +$3.28M |
|
1113
PUT
Cleveland-Cliffs
CLF
$6.45B
| $22.1M | 0.01% |
2,216,400
+338,000
| +18% | +$3.38M |
|
1114
CALL
Weibo
WB
$1.72B
| $22.1M | 0.01% |
355,700
-160,100
| -31% | -$9.94M |
|
1115
PUT
DexCom
DXCM
$34.4B
| $22M | 0.01% |
740,400
+364,400
| +97% | +$12.8M |
|
|
GG
1116
CALL
DELISTED
Goldcorp Inc
GG
| $22M | 0.01% |
1,926,100
-119,000
| -6% | -$1.28M |
|
1117
CALL
FTI Consulting
FCN
$4.29B
| $22M | 0.01% |
286,800
+272,500
| +1,906% | +$19.2M |
|
1118
PUT
Hershey
HSY
$38.2B
| $22M | 0.01% |
191,700
+80,500
| +72% | +$8.77M |
|
1119
CALL
Snap-on
SNA
$20.4B
| $22M | 0.01% |
140,600
+37,300
| +36% | +$5.92M |
|
1120
CALL
KraneShares CSI China Internet ETF
KWEB
$5.18B
| $22M | 0.01% |
467,200
+163,600
| +54% | +$7.17M |
|
1121
PUT
Toyota
TM
$229B
| $22M | 0.01% |
186,300
+160,800
| +631% | +$19.5M |
|
1122
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$354M
| $21.9M | 0.01% |
10,501
+792
| +8% | +$1.9M |
|
|
HES
1123
CALL
DELISTED
Hess
HES
| $21.9M | 0.01% |
363,500
-898,900
| -71% | -$49.5M |
|
|
GRMN
1124
PUT
Garmin
GRMN
$56.2B
| $21.9M | 0.01% |
253,500
+173,500
| +217% | +$13.1M |
|
1125
CALL
Old National Bancorp
ONB
$9.86B
| $21.9M | 0.01% |
1,333,900
+1,253,700
| +1,563% | +$20.9M |
|
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.