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 | |
|---|---|---|---|---|---|---|
1226
PUT
Hasbro
HAS
$13.6B
| $21.2M | 0.01% |
200,500
-135,000
| -40% | -$13.3M |
|
1227
CALL
Public Storage
PSA
$60.3B
| $21.2M | 0.01% |
88,900
-27,500
| -24% | -$6.31M |
|
1228
PUT
Molson Coors Class B
TAP
$7.83B
| $21.2M | 0.01% |
377,700
+135,200
| +56% | +$7.89M |
|
1229
PUT
Ares Capital
ARCC
$14.3B
| $21.1M | 0.01% |
1,173,700
+557,300
| +90% | +$9.86M |
|
1230
PUT
Knight Transportation
KNX
$11.1B
| $21M | 0.01% |
639,400
+341,800
| +115% | +$10.9M |
|
|
GRMN
1231
CALL
Garmin
GRMN
$55.6B
| $21M | 0.01% |
262,700
+48,800
| +23% | +$3.99M |
|
|
HTZ
1232
CALL
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $21M | 0.01% |
1,313,100
+208,255
| +19% | +$3.14M |
|
|
CRC
1233
PUT
DELISTED
California Resources Corporation
CRC
| $20.9M | 0.01% |
1,063,100
+220,100
| +26% | +$4.68M |
|
|
CMA
1234
CALL
DELISTED
Comerica
CMA
| $20.9M | 0.01% |
287,600
-25,700
| -8% | -$1.91M |
|
1235
PUT
Ventas
VTR
$48.1B
| $20.9M | 0.01% |
305,400
-63,000
| -17% | -$4.02M |
|
1236
CALL
LPL Financial
LPLA
$28.5B
| $20.9M | 0.01% |
255,800
+225,000
| +731% | +$17.8M |
|
1237
Kinder Morgan
KMI
$68.9B
| $20.9M | 0.01% |
999,085
-632,299
| -39% | -$12.7M |
|
|
NBIS
1238
CALL
Nebius Group N.V.
NBIS
$60.3B
| $20.8M | 0.01% |
546,100
+167,300
| +44% | +$6.21M |
|
1239
CALL
Medifast
MED
$136M
| $20.7M | 0.01% |
161,700
+120,900
| +296% | +$16.8M |
|
1240
CALL
Fox Class A
FOXA
$29.6B
| $20.7M | 0.01% |
566,200
+511,600
| +937% | +$18.8M |
|
|
NBIS
1241
PUT
Nebius Group N.V.
NBIS
$60.3B
| $20.7M | 0.01% |
545,800
+123,400
| +29% | +$4.58M |
|
1242
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $20.7M | 0.01% |
264,700
+99,300
| +60% | +$7.71M |
|
1243
CALL
iShares S&P 500 Growth ETF
IVW
$76.1B
| $20.7M | 0.01% |
462,400
+423,200
| +1,080% | +$18.6M |
|
1244
First Solar
FSLR
$22.2B
| $20.7M | 0.01% |
315,461
+180,258
| +133% | +$10.8M |
|
1245
CALL
Nice
NICE
$5.88B
| $20.7M | 0.01% |
151,100
+135,100
| +844% | +$18.2M |
|
1246
Berkshire Hathaway Class A
BRK.A
$1.08T
| $20.7M | 0.01% |
65
-21
| -24% | -$6.53M |
|
1247
PUT
Etsy
ETSY
$7.75B
| $20.7M | 0.01% |
336,600
-380,700
| -53% | -$24.9M |
|
1248
CALL
Snap-on
SNA
$20.4B
| $20.5M | 0.01% |
124,000
-16,600
| -12% | -$2.7M |
|
1249
CALL
Yelp
YELP
$1.29B
| $20.5M | 0.01% |
598,400
+108,400
| +22% | +$3.75M |
|
1250
CALL
Baxter International
BAX
$13.6B
| $20.4M | 0.01% |
249,700
-68,200
| -21% | -$5.3M |
|
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.