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 | |
|---|---|---|---|---|---|---|
1401
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $14.8M | 0.01% |
161,066
+149,834
| +1,334% | +$13.5M |
|
1402
CALL
GoPro
GPRO
$110M
| $14.8M | 0.01% |
2,271,200
-678,300
| -23% | -$3.79M |
|
1403
CALL
Nexstar Media Group
NXST
$5.67B
| $14.7M | 0.01% |
136,000
+16,700
| +14% | +$1.54M |
|
1404
PUT
Interactive Brokers
IBKR
$43B
| $14.7M | 0.01% |
1,133,600
+482,000
| +74% | +$6.34M |
|
1405
CALL
Willis Towers Watson
WTW
$32.3B
| $14.6M | 0.01% |
83,300
+54,000
| +184% | +$8.96M |
|
|
BEAT
1406
PUT
DELISTED
BioTelemetry, Inc.
BEAT
| $14.6M | 0.01% |
233,300
+100,000
| +75% | +$6.87M |
|
1407
PUT
Synaptics
SYNA
$3.68B
| $14.6M | 0.01% |
366,300
+220,900
| +152% | +$8.73M |
|
1408
PUT
Archer Daniels Midland
ADM
$37B
| $14.5M | 0.01% |
337,200
-217,200
| -39% | -$9.29M |
|
|
BZUN
1409
Baozun
BZUN
$162M
| $14.5M | 0.01% |
350,048
-201,010
| -36% | -$7.04M |
|
1410
CALL
Takeda Pharmaceutical
TAK
$58.4B
| $14.5M | 0.01% |
713,800
+565,200
| +380% | +$11.4M |
|
|
KL
1411
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $14.5M | 0.01% |
478,107
+377,492
| +375% | +$12M |
|
1412
PUT
Tractor Supply
TSCO
$18.7B
| $14.5M | 0.01% |
743,000
-1,084,500
| -59% | -$19.7M |
|
1413
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$39.9M
| $14.5M | 0.01% |
36,610
+28,220
| +336% | +$12.7M |
|
|
FDC
1414
CALL
DELISTED
First Data Corporation
FDC
| $14.5M | 0.01% |
552,700
-10,200
| -2% | -$242K |
|
1415
KKR & Co
KKR
$96.1B
| $14.5M | 0.01% |
617,957
+81,122
| +15% | +$1.85M |
|
|
NBIS
1416
PUT
Nebius Group N.V.
NBIS
$59.2B
| $14.5M | 0.01% |
422,400
-144,300
| -25% | -$4.78M |
|
1417
CALL
Mohawk Industries
MHK
$9.08B
| $14.5M | 0.01% |
114,800
-69,600
| -38% | -$9.06M |
|
1418
D.R. Horton
DHI
$41.5B
| $14.5M | 0.01% |
349,698
+299,840
| +601% | +$11.7M |
|
1419
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.92B
| $14.5M | 0.01% |
471,159
-546,551
| -54% | -$16.7M |
|
1420
PUT
Molson Coors Class B
TAP
$7.93B
| $14.5M | 0.01% |
242,500
-43,600
| -15% | -$2.69M |
|
1421
PUT
Clorox
CLX
$12.8B
| $14.5M | 0.01% |
90,100
+33,600
| +59% | +$5.21M |
|
1422
CALL
Williams-Sonoma
WSM
$27.7B
| $14.4M | 0.01% |
513,600
-220,600
| -30% | -$6.09M |
|
1423
CALL
M&T Bank
MTB
$34.6B
| $14.4M | 0.01% |
91,900
+4,300
| +5% | +$706K |
|
1424
CALL
Northern Trust
NTRS
$34.1B
| $14.4M | 0.01% |
159,400
+65,800
| +70% | +$5.93M |
|
1425
PUT
Darden Restaurants
DRI
$25.2B
| $14.4M | 0.01% |
118,600
-170,000
| -59% | -$18.6M |
|
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.