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 | |
|---|---|---|---|---|---|---|
1476
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $13.5M | 0.01% |
+180,352
| New | +$13.1M |
|
1477
CALL
Vornado Realty Trust
VNO
$7.39B
| $13.5M | 0.01% |
200,600
+74,000
| +58% | +$4.96M |
|
1478
CALL
Teleflex
TFX
$5.91B
| $13.5M | 0.01% |
44,600
-5,700
| -11% | -$1.59M |
|
|
CRC
1479
DELISTED
California Resources Corporation
CRC
| $13.4M | 0.01% |
523,014
+291,659
| +126% | +$6.32M |
|
1480
HP
HPQ
$26.8B
| $13.4M | 0.01% |
+691,926
| New | +$14.7M |
|
|
S
1481
CALL
DELISTED
Sprint Corporation
S
| $13.4M | 0.01% |
2,378,400
+893,200
| +60% | +$5.53M |
|
1482
PUT
CRISPR Therapeutics
CRSP
$5.89B
| $13.4M | 0.01% |
376,000
+33,600
| +10% | +$1.16M |
|
|
CTRA
1483
CALL
DELISTED
Coterra Energy
CTRA
| $13.4M | 0.01% |
514,500
-84,100
| -14% | -$2.11M |
|
|
SFIX
1484
Stitch Fix
SFIX
$426M
| $13.4M | 0.01% |
475,681
+329,387
| +225% | +$8.18M |
|
1485
CALL
Eastman Chemical
EMN
$8.2B
| $13.4M | 0.01% |
176,300
+104,100
| +144% | +$8.27M |
|
1486
PUT
Conagra Brands
CAG
$7.83B
| $13.4M | 0.01% |
482,200
+62,600
| +15% | +$1.43M |
|
1487
CALL
Viking Therapeutics
VKTX
$4.01B
| $13.4M | 0.01% |
1,345,500
+1,234,100
| +1,108% | +$10.3M |
|
1488
PUT
Polaris
PII
$3.64B
| $13.4M | 0.01% |
158,300
+61,400
| +63% | +$5.21M |
|
1489
iShares MSCI Hong Kong ETF
EWH
$1.27B
| $13.4M | 0.01% |
+509,591
| New | +$12.7M |
|
1490
PUT
Apollo Global Management
APO
$78.5B
| $13.4M | 0.01% |
472,700
+212,400
| +82% | +$6.04M |
|
1491
MGM Resorts International
MGM
$10.9B
| $13.3M | 0.01% |
519,938
-873,015
| -63% | -$23.9M |
|
1492
CALL
Crown Holdings
CCK
$13B
| $13.3M | 0.01% |
244,100
+126,000
| +107% | +$6.5M |
|
1493
ArcelorMittal
MT
$55.3B
| $13.3M | 0.01% |
652,448
+315,700
| +94% | +$6.99M |
|
1494
CALL
Lear
LEA
$8.25B
| $13.3M | 0.01% |
97,900
-61,000
| -38% | -$8.94M |
|
1495
PUT
Quest Diagnostics
DGX
$26.9B
| $13.2M | 0.01% |
147,300
-29,600
| -17% | -$2.56M |
|
1496
PUT
Toll Brothers
TOL
$13.8B
| $13.2M | 0.01% |
363,400
-62,500
| -15% | -$2.25M |
|
1497
DexCom
DXCM
$33.8B
| $13.1M | 0.01% |
441,316
+238,652
| +118% | +$8.39M |
|
1498
PUT
Raymond James Financial
RJF
$33.7B
| $13.1M | 0.01% |
244,950
+130,650
| +114% | +$7M |
|
1499
CALL
Voya Financial
VOYA
$9.03B
| $13.1M | 0.01% |
262,700
+161,600
| +160% | +$7.67M |
|
1500
CALL
Cirrus Logic
CRUS
$5.55B
| $13.1M | 0.01% |
311,500
-17,600
| -5% | -$679K |
|
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 $42.5B in Q1 2019, closing 1,970 positions and reducing 3,278 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.