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 | |
|---|---|---|---|---|---|---|
1351
PUT
Yeti Holdings
YETI
$3.13B
| $15.8M | 0.01% |
521,000
+411,700
| +377% | +$8.96M |
|
1352
PUT
Aptiv
APTV
$9.7B
| $15.7M | 0.01% |
198,100
+49,500
| +33% | +$3.8M |
|
|
CLDR
1353
PUT
DELISTED
Cloudera, Inc.
CLDR
| $15.7M | 0.01% |
1,437,300
+1,086,700
| +310% | +$14M |
|
|
SGI
1354
PUT
Somnigroup International
SGI
$13.3B
| $15.7M | 0.01% |
1,089,600
-3,139,600
| -74% | -$42.5M |
|
1355
uniQure
QURE
$3.44B
| $15.7M | 0.01% |
+263,257
| New | +$11.8M |
|
1356
PUT
Lear
LEA
$8.22B
| $15.7M | 0.01% |
115,700
-10,900
| -9% | -$1.6M |
|
|
MMP
1357
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $15.7M | 0.01% |
258,500
+140,800
| +120% | +$8.51M |
|
|
WCG
1358
DELISTED
Wellcare Health Plans, Inc.
WCG
| $15.6M | 0.01% |
+57,985
| New | +$15M |
|
|
BFYT
1359
CALL
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $15.6M | 0.01% |
582,800
+457,000
| +363% | +$16.2M |
|
1360
CALL
Vanguard Morningstar Growth ETF
VUG
$226B
| $15.6M | 0.01% |
598,800
+360,000
| +151% | +$8.88M |
|
|
XEC
1361
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $15.6M | 0.01% |
223,200
+133,200
| +148% | +$9.58M |
|
1362
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$656M
| $15.6M | 0.01% |
31,716
+3,670
| +13% | +$1.91M |
|
1363
The Mosaic Company
MOS
$7.61B
| $15.6M | 0.01% |
569,610
+441,904
| +346% | +$13.5M |
|
1364
CALL
Exelixis
EXEL
$13.7B
| $15.6M | 0.01% |
653,400
+241,800
| +59% | +$5.51M |
|
|
FLG
1365
PUT
Flagstar Bank National Association
FLG
$5.57B
| $15.5M | 0.01% |
447,700
+20,767
| +5% | +$715K |
|
1366
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.6M
| $15.5M | 0.01% |
218,400
+103,100
| +89% | +$7.35M |
|
|
ZNGA
1367
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $15.5M | 0.01% |
2,903,800
+1,877,900
| +183% | +$9.03M |
|
1368
CALL
Acadia Pharmaceuticals
ACAD
$5.2B
| $15.5M | 0.01% |
575,700
-324,800
| -36% | -$7.59M |
|
1369
PUT
Snap-on
SNA
$20.4B
| $15.4M | 0.01% |
98,500
+36,600
| +59% | +$5.81M |
|
|
CERN
1370
CALL
DELISTED
Cerner Corp
CERN
| $15.4M | 0.01% |
268,900
+45,600
| +20% | +$2.54M |
|
|
COHR
1371
CALL
DELISTED
Coherent Inc
COHR
| $15.4M | 0.01% |
108,500
+17,800
| +20% | +$2.25M |
|
1372
CALL
Wabtec
WAB
$50.2B
| $15.3M | 0.01% |
208,200
+69,300
| +50% | +$5M |
|
1373
PUT
Deckers Outdoor
DECK
$12.1B
| $15.3M | 0.01% |
626,400
-242,400
| -28% | -$5.51M |
|
1374
PUT
Truist Financial
TFC
$61.8B
| $15.3M | 0.01% |
329,400
+222,800
| +209% | +$10.9M |
|
1375
CALL
Intercontinental Exchange
ICE
$90.9B
| $15.3M | 0.01% |
200,900
-355,900
| -64% | -$26.7M |
|
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.