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 | |
|---|---|---|---|---|---|---|
1151
CALL
Credit Acceptance
CACC
$6.26B
| $21M | 0.01% |
46,400
+37,900
| +446% | +$16.3M |
|
1152
PUT
Accenture
ACN
$114B
| $20.9M | 0.01% |
118,900
-76,100
| -39% | -$12M |
|
1153
Cheniere Energy
LNG
$58B
| $20.9M | 0.01% |
305,895
+168,358
| +122% | +$11.1M |
|
1154
PUT
Coty
COTY
$2.46B
| $20.8M | 0.01% |
1,809,200
+1,363,700
| +306% | +$12.9M |
|
1155
Lumen
LUMN
$5.85B
| $20.8M | 0.01% |
1,734,688
+1,572,138
| +967% | +$21.8M |
|
1156
CALL
F5
FFIV
$21.5B
| $20.8M | 0.01% |
132,500
+2,700
| +2% | +$434K |
|
1157
CALL
Monster Beverage
MNST
$95.8B
| $20.7M | 0.01% |
1,520,000
+964,800
| +174% | +$13.8M |
|
1158
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $20.7M | 0.01% |
79,700
+9,300
| +13% | +$2.32M |
|
1159
CALL
S&P Global
SPGI
$128B
| $20.6M | 0.01% |
98,000
-98,200
| -50% | -$19M |
|
1160
PUT
TripAdvisor
TRIP
$1.19B
| $20.5M | 0.01% |
399,400
-182,100
| -31% | -$9.98M |
|
1161
CALL
Sanofi
SNY
$109B
| $20.5M | 0.01% |
462,400
+26,300
| +6% | +$1.13M |
|
|
AVYA
1162
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $20.4M | 0.01% |
1,212,844
-164,910
| -12% | -$2.58M |
|
|
1163
PUT
F5
FFIV
$21.5B
| $20.4M | 0.01% |
130,000
-41,900
| -24% | -$6.74M |
|
1164
PUT
Novartis
NVS
$300B
| $20.4M | 0.01% |
236,592
-4,799
| -2% | -$385K |
|
1165
CALL
Enbridge
ENB
$109B
| $20.3M | 0.01% |
561,200
+88,000
| +19% | +$3.17M |
|
1166
PUT
NetApp
NTAP
$36.7B
| $20.2M | 0.01% |
290,900
-75,800
| -21% | -$4.89M |
|
|
GOOS
1167
PUT
Canada Goose Holdings
GOOS
$809M
| $20.1M | 0.01% |
419,200
+83,000
| +25% | +$4.23M |
|
1168
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $20.1M | 0.01% |
430,500
+315,500
| +274% | +$13.2M |
|
1169
PUT
Motorola Solutions
MSI
$79.7B
| $20.1M | 0.01% |
143,300
-15,300
| -10% | -$1.99M |
|
1170
CALL
Harley-Davidson
HOG
$2.94B
| $20M | 0.01% |
562,200
+236,000
| +72% | +$8.59M |
|
1171
Arista Networks
ANET
$237B
| $20M | 0.01% |
1,019,904
+660,304
| +184% | +$10.5M |
|
1172
Capri Holdings
CPRI
$1.55B
| $20M | 0.01% |
437,894
+168,600
| +63% | +$7.37M |
|
1173
PUT
Invesco CurrencyShares Swiss Franc Trust
FXF
$384M
| $20M | 0.01% |
214,400
+198,600
| +1,257% | +$18.6M |
|
1174
CALL
Agios Pharmaceuticals
AGIO
$1.95B
| $20M | 0.01% |
296,800
+186,300
| +169% | +$10.9M |
|
|
LNW
1175
CALL
DELISTED
Light & Wonder
LNW
| $20M | 0.01% |
979,200
-279,300
| -22% | -$6.67M |
|
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.