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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.13B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.18B |
| 3 |
Apple
AAPL
|
+$836M |
| 4 |
Alibaba
BABA
|
+$807M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$566M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$429M |
| 2 |
Boeing
BA
|
+$402M |
| 3 |
Coty
COTY
|
+$284M |
| 4 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$104M |
| 5 |
Qualcomm
QCOM
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.44% |
| 2 | Consumer Discretionary | 1.83% |
| 3 | Communication Services | 1.72% |
| 4 | Financials | 1.35% |
| 5 | Healthcare | 1.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
CALL
Pultegroup
PHM
$24.9B
| $16.5M | 0.01% |
521,000
+121,400
| +30% | +$3.79M |
|
|
ICPT
1427
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $16.5M | 0.01% |
206,936
+178,266
| +622% | +$16M |
|
1428
United Airlines
UAL
$38.1B
| $16.5M | 0.01% |
187,980
+182,471
| +3,312% | +$15.4M |
|
|
ABB
1429
CALL
DELISTED
ABB Ltd
ABB
| $16.4M | 0.01% |
820,100
+478,300
| +140% | +$9.32M |
|
|
MOMO
1430
PUT
Hello Group
MOMO
$853M
| $16.4M | 0.01% |
458,700
-23,700
| -5% | -$788K |
|
1431
RTX Corp
RTX
$283B
| $16.4M | 0.01% |
199,960
+189,160
| +1,751% | +$15.8M |
|
1432
CALL
Etsy
ETSY
$7.75B
| $16.4M | 0.01% |
266,900
-100,400
| -27% | -$6.55M |
|
1433
CALL
Ares Capital
ARCC
$14.3B
| $16.4M | 0.01% |
912,100
-522,500
| -36% | -$9.25M |
|
1434
Expedia Group
EXPE
$40.6B
| $16.3M | 0.01% |
122,895
-174,512
| -59% | -$21.5M |
|
1435
CALL
Corteva
CTVA
$55.4B
| $16.3M | 0.01% |
+552,600
| New | +$14.9M |
|
1436
Vanguard Short-Term Corporate Bond ETF
VCSH
$45.1B
| $16.3M | 0.01% |
202,234
+163,701
| +425% | +$13.1M |
|
1437
CALL
McKesson
MCK
$106B
| $16.2M | 0.01% |
120,900
-23,800
| -16% | -$2.97M |
|
1438
CALL
Canadian Pacific Kansas City
CP
$82.9B
| $16.2M | 0.01% |
345,000
-263,000
| -43% | -$11.7M |
|
1439
CALL
Howmet Aerospace
HWM
$105B
| $16.2M | 0.01% |
817,999
-152,829
| -16% | -$2.58M |
|
|
AVYA
1440
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $16.2M | 0.01% |
1,357,930
+145,086
| +12% | +$2.22M |
|
|
TRTN
1441
CALL
DELISTED
Triton International Limited
TRTN
| $16.2M | 0.01% |
493,100
-34,200
| -6% | -$1.08M |
|
1442
PUT
NIO
NIO
$11.2B
| $16.1M | 0.01% |
6,317,500
-356,600
| -5% | -$1.43M |
|
1443
CALL
Caesars Entertainment
CZR
$6.04B
| $16.1M | 0.01% |
349,200
+286,700
| +459% | +$14.1M |
|
1444
CALL
MarketAxess Holdings
MKTX
$5.72B
| $16.1M | 0.01% |
50,000
+45,500
| +1,011% | +$13.2M |
|
1445
Diamondback Energy
FANG
$56B
| $16M | 0.01% |
147,042
-108,259
| -42% | -$11.3M |
|
1446
Chipotle Mexican Grill
CMG
$47.4B
| $16M | 0.01% |
+1,093,100
| New | +$15.4M |
|
1447
CALL
Synopsys
SNPS
$78.3B
| $16M | 0.01% |
124,500
-46,000
| -27% | -$5.53M |
|
|
GOOS
1448
PUT
Canada Goose Holdings
GOOS
$803M
| $16M | 0.01% |
413,400
-5,800
| -1% | -$261K |
|
1449
PUT
Ascendis Pharma A/S
ASND
$16.6B
| $16M | 0.01% |
139,000
+37,000
| +36% | +$4.43M |
|
1450
PUT
S&P Global
SPGI
$128B
| $15.9M | 0.01% |
70,000
-21,800
| -24% | -$4.76M |
|
Similar funds
Jeff Yass's Q2 2019 Portfolio in Review
As of Q2 2019, Jeff Yass held 11,369 positions worth $275B, up 13% from $243B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $25.4B of net new capital in Q2 2019, opening 2,651 new positions and adding to 3,766 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 1.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $429M trimmed.
- Jeff Yass's largest Q2 2019 buy was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
- Jeff Yass added most to Alphabet (Google) Class A in Q2 2019, an estimated $1.18B increase.
- Jeff Yass's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $429M.
- Jeff Yass fully exited Goldcorp Inc in Q2 2019, selling an estimated $26.4M.
- Jeff Yass's ten largest holdings make up 24% of its $275B portfolio in Q2 2019.
- Jeff Yass opened 2,651 new positions and closed 1,221 in Q2 2019.
- Jeff Yass's portfolio value rose 13% quarter-over-quarter to $275B.
Based on Susquehanna International Group's 13F filing for Q2 2019, filed 14 Aug 2019.