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 | |
|---|---|---|---|---|---|---|
|
BIG
1526
PUT
DELISTED
Big Lots, Inc.
BIG
| $12.5M | 0.01% |
328,500
-129,500
| -28% | -$4.23M |
|
|
WLL
1527
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $12.5M | 0.01% |
6,364
-5,017
| -44% | -$10.1M |
|
1528
Vipshop
VIPS
$6.8B
| $12.5M | 0.01% |
1,551,620
+623,806
| +67% | +$4.42M |
|
1529
PUT
Rithm Capital
RITM
$5.68B
| $12.5M | 0.01% |
736,700
+206,800
| +39% | +$3.41M |
|
1530
PUT
Canadian National Railway
CNI
$76.9B
| $12.5M | 0.01% |
139,200
+132,400
| +1,947% | +$11.1M |
|
1531
CALL
Insulet
PODD
$9.92B
| $12.4M | 0.01% |
130,800
+76,800
| +142% | +$6.58M |
|
1532
CALL
SS&C Technologies
SSNC
$19.5B
| $12.4M | 0.01% |
194,600
+156,300
| +408% | +$8.69M |
|
|
SGEN
1533
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $12.4M | 0.01% |
168,800
+141,500
| +518% | +$10.1M |
|
1534
PUT
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$20.1M
| $12.4M | 0.01% |
28,180
+25,680
| +1,027% | +$12.2M |
|
1535
CALL
GDS Holdings
GDS
$6.61B
| $12.4M | 0.01% |
346,100
+134,900
| +64% | +$4.08M |
|
1536
CALL
Arthur J. Gallagher & Co
AJG
$68.8B
| $12.3M | 0.01% |
157,900
+83,800
| +113% | +$6.46M |
|
1537
CALL
Boston Beer
SAM
$1.95B
| $12.3M | 0.01% |
41,800
-77,200
| -65% | -$21.1M |
|
|
RESI
1538
CALL
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $12.3M | 0.01% |
1,328,900
+1,227,300
| +1,208% | +$12.8M |
|
1539
PUT
VF Corp
VFC
$5.44B
| $12.3M | 0.01% |
150,273
-80,287
| -35% | -$6.26M |
|
1540
CALL
Floor & Decor
FND
$5.78B
| $12.3M | 0.01% |
298,200
+172,200
| +137% | +$6.04M |
|
1541
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $12.3M | 0.01% |
114,800
-55,800
| -33% | -$6.05M |
|
|
VRNT
1542
CALL
DELISTED
Verint Systems
VRNT
| $12.3M | 0.01% |
401,826
+270,305
| +206% | +$6.87M |
|
1543
CALL
H&R Block
HRB
$6.56B
| $12.3M | 0.01% |
511,700
+310,900
| +155% | +$7.64M |
|
1544
PUT
Emerson Electric
EMR
$86.4B
| $12.2M | 0.01% |
178,300
-90,100
| -34% | -$5.93M |
|
1545
CALL
Old Dominion Freight Line
ODFL
$41.1B
| $12.2M | 0.01% |
253,200
+132,000
| +109% | +$6.17M |
|
1546
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $12.1M | 0.01% |
10,140
-1,115
| -10% | -$1.16M |
|
1547
PUT
Box
BOX
$4.57B
| $12.1M | 0.01% |
628,500
+75,600
| +14% | +$1.57M |
|
1548
Booking.com
BKNG
$161B
| $12.1M | 0.01% |
173,650
+149,500
| +619% | +$10.7M |
|
|
SIVB
1549
CALL
DELISTED
SVB Financial Group
SIVB
| $12.1M | 0.01% |
54,500
+30,500
| +127% | +$7.1M |
|
|
BFYT
1550
PUT
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $12.1M | 0.01% |
450,000
+298,600
| +197% | +$10.6M |
|
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 $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.