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 | |
|---|---|---|---|---|---|---|
|
ULTI
1176
CALL
DELISTED
Ultimate Software Group Inc
ULTI
| $20M | 0.01% |
60,500
+21,500
| +55% | +$6.59M |
|
1177
CALL
Masco
MAS
$14.4B
| $19.9M | 0.01% |
506,500
+293,200
| +137% | +$10.5M |
|
1178
Alaska Air
ALK
$4.77B
| $19.9M | 0.01% |
354,579
+97,004
| +38% | +$5.92M |
|
1179
CALL
iShares MSCI South Korea ETF
EWY
$27.8B
| $19.9M | 0.01% |
325,700
+223,300
| +218% | +$13.8M |
|
1180
PUT
Devon Energy
DVN
$52B
| $19.8M | 0.01% |
628,800
-604,800
| -49% | -$16.9M |
|
|
CLR
1181
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $19.8M | 0.01% |
443,100
-414,300
| -48% | -$18.5M |
|
1182
CALL
Knight Transportation
KNX
$11.3B
| $19.8M | 0.01% |
606,200
+307,400
| +103% | +$9.78M |
|
1183
PUT
Williams-Sonoma
WSM
$27.7B
| $19.8M | 0.01% |
703,200
+331,400
| +89% | +$9.14M |
|
1184
PUT
Cintas
CTAS
$81.7B
| $19.8M | 0.01% |
391,200
+288,000
| +279% | +$13.9M |
|
1185
PUT
Check Point Software Technologies
CHKP
$13.1B
| $19.8M | 0.01% |
156,200
-61,100
| -28% | -$7.1M |
|
|
I
1186
CALL
DELISTED
INTELSAT S. A.
I
| $19.7M | 0.01% |
1,261,100
-168,900
| -12% | -$3.58M |
|
1187
CALL
Alcoa
AA
$13.3B
| $19.7M | 0.01% |
701,200
-166,400
| -19% | -$4.76M |
|
1188
CALL
Consolidated Edison
ED
$39.6B
| $19.7M | 0.01% |
232,800
-17,200
| -7% | -$1.37M |
|
|
DATA
1189
PUT
DELISTED
Tableau Software, Inc.
DATA
| $19.7M | 0.01% |
155,100
-103,700
| -40% | -$13.1M |
|
|
CZR
1190
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $19.7M | 0.01% |
2,270,900
+28,500
| +1% | +$247K |
|
1191
PUT
Iridium Communications
IRDM
$4.99B
| $19.7M | 0.01% |
746,000
+97,700
| +15% | +$2.1M |
|
|
WW
1192
DELISTED
WW International
WW
| $19.7M | 0.01% |
978,613
+869,280
| +795% | +$24M |
|
1193
PUT
TotalEnergies
TTE
$196B
| $19.7M | 0.01% |
353,700
-255,300
| -42% | -$14.2M |
|
1194
PUT
VeriSign
VRSN
$26.5B
| $19.7M | 0.01% |
108,300
-26,700
| -20% | -$4.58M |
|
1195
PUT
Agnico Eagle Mines
AEM
$113B
| $19.6M | 0.01% |
451,500
-371,200
| -45% | -$15.7M |
|
1196
CALL
Synopsys
SNPS
$77.3B
| $19.6M | 0.01% |
170,500
+77,300
| +83% | +$7.66M |
|
1197
PUT
ArcelorMittal
MT
$55B
| $19.6M | 0.01% |
963,100
+318,900
| +50% | +$7.06M |
|
1198
Wheaton Precious Metals
WPM
$73.9B
| $19.6M | 0.01% |
822,970
-636,426
| -44% | -$13.5M |
|
1199
Bath & Body Works
BBWI
$3.71B
| $19.6M | 0.01% |
+877,498
| New | +$19.3M |
|
|
COHR
1200
PUT
DELISTED
Coherent Inc
COHR
| $19.6M | 0.01% |
138,000
+19,500
| +16% | +$2.47M |
|
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 $42.5B in Q1 2019, closing 1,970 positions and reducing 3,278 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.