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 | |
|---|---|---|---|---|---|---|
|
ABMD
1326
DELISTED
Abiomed Inc
ABMD
| $16.3M | 0.01% |
+57,010
| New | +$18.9M |
|
1327
CALL
PACCAR
PCAR
$68.4B
| $16.3M | 0.01% |
358,350
+108,900
| +44% | +$4.74M |
|
|
MOMO
1328
CALL
Hello Group
MOMO
$841M
| $16.3M | 0.01% |
425,100
-400,600
| -49% | -$12.8M |
|
1329
CALL
Progressive
PGR
$130B
| $16.3M | 0.01% |
225,500
-81,500
| -27% | -$5.58M |
|
1330
PUT
Icahn Enterprises
IEP
$4.79B
| $16.2M | 0.01% |
224,100
+14,600
| +7% | +$1.02M |
|
|
SGI
1331
CALL
Somnigroup International
SGI
$13.5B
| $16.2M | 0.01% |
1,124,000
-4,058,800
| -78% | -$54.9M |
|
1332
PUT
Tyson Foods
TSN
$20.4B
| $16.2M | 0.01% |
233,000
-409,900
| -64% | -$25.4M |
|
1333
Dollar General
DG
$27.6B
| $16.2M | 0.01% |
135,420
+34,027
| +34% | +$3.96M |
|
1334
CALL
Heron Therapeutics
HRTX
$61.3M
| $16.1M | 0.01% |
660,600
+558,100
| +544% | +$14.6M |
|
1335
CALL
AGNC Investment
AGNC
$13B
| $16.1M | 0.01% |
896,400
-1,125,800
| -56% | -$20.1M |
|
1336
Veeva Systems
VEEV
$40.4B
| $16.1M | 0.01% |
+127,156
| New | +$14.3M |
|
1337
CALL
Zimmer Biomet
ZBH
$19.3B
| $16.1M | 0.01% |
129,986
+35,123
| +37% | +$3.99M |
|
1338
PUT
ProShares UltraPro S&P 500
UPRO
$5.45B
| $16.1M | 0.01% |
652,600
-818,600
| -56% | -$18M |
|
1339
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$96.3M
| $16.1M | 0.01% |
16,389
+2,829
| +21% | +$3.39M |
|
|
ZNGA
1340
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $16.1M | 0.01% |
3,015,400
+2,628,600
| +680% | +$12.6M |
|
1341
PUT
Pinduoduo
PDD
$124B
| $16M | 0.01% |
646,900
+140,400
| +28% | +$3.77M |
|
1342
PUT
Baker Hughes
BKR
$61.5B
| $16M | 0.01% |
577,600
+53,800
| +10% | +$1.36M |
|
1343
CALL
iShares MSCI India ETF
INDA
$6.59B
| $16M | 0.01% |
454,200
+380,400
| +515% | +$12.6M |
|
|
AYX
1344
PUT
DELISTED
Alteryx Inc
AYX
| $16M | 0.01% |
190,900
+120,500
| +171% | +$8.7M |
|
1345
CALL
Thor Industries
THO
$4.13B
| $16M | 0.01% |
256,600
+103,400
| +67% | +$6.55M |
|
|
ZEN
1346
PUT
DELISTED
ZENDESK INC
ZEN
| $16M | 0.01% |
187,700
+63,200
| +51% | +$4.64M |
|
1347
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12B
| $15.9M | 0.01% |
+153,176
| New | +$15.6M |
|
1348
CALL
Sprouts Farmers Market
SFM
$8.03B
| $15.9M | 0.01% |
737,800
+226,900
| +44% | +$5.32M |
|
|
SIX
1349
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
| $15.8M | 0.01% |
320,600
-8,900
| -3% | -$503K |
|
|
RSX
1350
CALL
DELISTED
VanEck Russia ETF
RSX
| $15.8M | 0.01% |
767,100
+223,100
| +41% | +$4.59M |
|
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.