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 | |
|---|---|---|---|---|---|---|
1376
CALL
Roper Technologies
ROP
$41.1B
| $15.3M | 0.01% |
44,700
-35,700
| -44% | -$10.8M |
|
1377
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $15.2M | 0.01% |
266,422
+157,798
| +145% | +$8.56M |
|
|
MRO
1378
CALL
DELISTED
Marathon Oil Corporation
MRO
| $15.1M | 0.01% |
905,900
-154,000
| -15% | -$2.52M |
|
1379
CALL
Franklin Templeton
BEN
$17.6B
| $15.1M | 0.01% |
456,700
+56,900
| +14% | +$1.8M |
|
1380
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.22B
| $15.1M | 0.01% |
298,800
-1,112,100
| -79% | -$55.4M |
|
1381
CALL
Moody's
MCO
$88.6B
| $15.1M | 0.01% |
83,400
+64,500
| +341% | +$10.6M |
|
1382
CALL
Vail Resorts
MTN
$5.35B
| $15.1M | 0.01% |
69,400
-1,300
| -2% | -$266K |
|
1383
PUT
Perrigo
PRGO
$1.98B
| $15.1M | 0.01% |
312,500
-51,600
| -14% | -$2.41M |
|
1384
Domino's
DPZ
$11.5B
| $15M | 0.01% |
+58,307
| New | +$15.2M |
|
1385
PUT
FirstEnergy
FE
$26.9B
| $15M | 0.01% |
361,200
-106,600
| -23% | -$4.24M |
|
1386
CALL
Weyerhaeuser
WY
$17.6B
| $15M | 0.01% |
570,500
+67,400
| +13% | +$1.7M |
|
1387
CALL
DaVita
DVA
$11.3B
| $15M | 0.01% |
276,600
-93,700
| -25% | -$5.19M |
|
1388
CALL
Omega Healthcare
OHI
$14.1B
| $15M | 0.01% |
393,600
-24,000
| -6% | -$890K |
|
1389
PUT
Tencent Music
TME
$14.2B
| $15M | 0.01% |
827,300
+752,100
| +1,000% | +$12M |
|
|
GAP
1390
CALL
The Gap Inc
GAP
$7.33B
| $15M | 0.01% |
571,100
+138,600
| +32% | +$3.54M |
|
|
LSI
1391
PUT
DELISTED
Life Storage, Inc.
LSI
| $14.9M | 0.01% |
230,400
+59,850
| +35% | +$3.83M |
|
|
CLR
1392
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $14.9M | 0.01% |
333,631
+224,155
| +205% | +$10M |
|
1393
PUT
Sociedad Química y Minera de Chile
SQM
$23.5B
| $14.9M | 0.01% |
387,900
+166,100
| +75% | +$6.79M |
|
|
AIMC
1394
DELISTED
Altra Industrial Motion Corp
AIMC
| $14.9M | 0.01% |
480,095
-285,718
| -37% | -$8.66M |
|
|
HBI
1395
CALL
DELISTED
Hanesbrands
HBI
| $14.9M | 0.01% |
831,600
+539,000
| +184% | +$8.95M |
|
1396
PUT
Dropbox
DBX
$7.58B
| $14.8M | 0.01% |
681,100
-438,600
| -39% | -$10.2M |
|
1397
PUT
Wolfspeed
WOLF
$1.29B
| $14.8M | 0.01% |
259,300
+43,700
| +20% | +$2.24M |
|
1398
CALL
Iron Mountain
IRM
$36.1B
| $14.8M | 0.01% |
418,100
+51,200
| +14% | +$1.81M |
|
1399
CALL
L3Harris
LHX
$48.9B
| $14.8M | 0.01% |
92,700
+17,200
| +23% | +$2.65M |
|
|
NLSN
1400
PUT
DELISTED
Nielsen Holdings plc
NLSN
| $14.8M | 0.01% |
624,400
-423,500
| -40% | -$11M |
|
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.