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 | |
|---|---|---|---|---|---|---|
1251
CALL
Fidelity National Information Services
FIS
$21.4B
| $18.4M | 0.01% |
162,700
+57,800
| +55% | +$6.16M |
|
1252
CALL
LendingTree
TREE
$435M
| $18.2M | 0.01% |
51,900
-17,800
| -26% | -$5.37M |
|
1253
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $18.2M | 0.01% |
481,000
-6,500
| -1% | -$240K |
|
1254
PUT
iShares MSCI Germany ETF
EWG
$1.72B
| $18.2M | 0.01% |
675,900
+407,000
| +151% | +$10.9M |
|
1255
PUT
PVH
PVH
$3.55B
| $18.2M | 0.01% |
149,200
+10,000
| +7% | +$1.1M |
|
|
1256
Alibaba
BABA
$284B
| $18.2M | 0.01% |
99,673
-1,825,906
| -95% | -$307M |
|
1257
CALL
Sea Limited
SE
$70.9B
| $18.2M | 0.01% |
772,900
+460,300
| +147% | +$8.07M |
|
1258
PUT
ProShares UltraShort S&P500
SDS
$399M
| $18.1M | 0.01% |
21,760
-6,668
| -23% | -$6.07M |
|
1259
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$64.2M
| $18.1M | 0.01% |
4,909
-150
| -3% | -$727K |
|
1260
CALL
Dropbox
DBX
$7.58B
| $18M | 0.01% |
827,400
+189,900
| +30% | +$4.42M |
|
|
ANSS
1261
PUT
DELISTED
Ansys
ANSS
| $18M | 0.01% |
98,600
+73,600
| +294% | +$12.4M |
|
1262
PUT
Howmet Aerospace
HWM
$105B
| $18M | 0.01% |
1,227,194
+56,593
| +5% | +$811K |
|
|
CRC
1263
CALL
DELISTED
California Resources Corporation
CRC
| $17.9M | 0.01% |
696,900
-206,600
| -23% | -$4.48M |
|
1264
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $17.9M | 0.01% |
508,300
-131,500
| -21% | -$4.47M |
|
1265
CALL
Ubiquiti
UI
$33.5B
| $17.8M | 0.01% |
119,200
-98,100
| -45% | -$12.4M |
|
1266
American International
AIG
$40.5B
| $17.8M | 0.01% |
+413,152
| New | +$17.7M |
|
1267
CALL
RingCentral
RNG
$5.6B
| $17.8M | 0.01% |
165,000
+65,200
| +65% | +$6.41M |
|
1268
PUT
Royal Gold
RGLD
$22.3B
| $17.8M | 0.01% |
195,200
-7,800
| -4% | -$681K |
|
1269
Northrop Grumman
NOC
$78B
| $17.7M | 0.01% |
+65,665
| New | +$17.9M |
|
|
KL
1270
PUT
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $17.6M | 0.01% |
578,700
+283,800
| +96% | +$8.99M |
|
1271
CALL
Dillards
DDS
$10B
| $17.6M | 0.01% |
244,100
+58,200
| +31% | +$4M |
|
1272
CALL
Ambarella
AMBA
$3.07B
| $17.6M | 0.01% |
406,600
-193,100
| -32% | -$7.64M |
|
|
MOMO
1273
Hello Group
MOMO
$841M
| $17.5M | 0.01% |
457,989
+152,605
| +50% | +$4.88M |
|
|
NXH
1274
Neighborhood Intelligence Inc
NXH
$372M
| $17.5M | 0.01% |
1,401,958
-352,502
| -20% | -$4.82M |
|
1275
PUT
Synchrony
SYF
$26B
| $17.5M | 0.01% |
548,700
-1,120,600
| -67% | -$33.7M |
|
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.