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 | |
|---|---|---|---|---|---|---|
1526
CALL
Cirrus Logic
CRUS
$5.58B
| $14.6M | 0.01% |
333,200
+21,700
| +7% | +$943K |
|
1527
PUT
Franco-Nevada
FNV
$52.4B
| $14.6M | 0.01% |
171,500
+27,700
| +19% | +$2.09M |
|
1528
CALL
Qorvo
QRVO
$8.32B
| $14.5M | 0.01% |
218,400
-120,400
| -36% | -$8.37M |
|
|
NVTA
1529
PUT
DELISTED
Invitae Corporation
NVTA
| $14.5M | 0.01% |
618,100
+416,700
| +207% | +$8.87M |
|
|
EBIX
1530
PUT
DELISTED
Ebix Inc
EBIX
| $14.5M | 0.01% |
289,200
+159,600
| +123% | +$7.93M |
|
1531
Dropbox
DBX
$7.56B
| $14.5M | 0.01% |
579,609
-75,204
| -11% | -$1.74M |
|
1532
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $14.5M | 0.01% |
53,900
-25,800
| -32% | -$6.83M |
|
1533
PUT
Caesars Entertainment
CZR
$6.04B
| $14.5M | 0.01% |
314,200
+128,400
| +69% | +$6.29M |
|
|
FL
1534
CALL
DELISTED
Foot Locker
FL
| $14.5M | 0.01% |
345,300
-260,600
| -43% | -$13.6M |
|
1535
CALL
Takeda Pharmaceutical
TAK
$58.6B
| $14.4M | 0.01% |
816,300
+102,500
| +14% | +$1.87M |
|
1536
PUT
Lear
LEA
$8.23B
| $14.4M | 0.01% |
103,700
-12,000
| -10% | -$1.68M |
|
1537
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$106M
| $14.4M | 0.01% |
2,894
+2,715
| +1,517% | +$12.8M |
|
1538
Cardinal Health
CAH
$55.3B
| $14.3M | 0.01% |
+304,324
| New | +$14M |
|
1539
Nokia
NOK
$57.8B
| $14.3M | 0.01% |
2,860,375
+2,165,686
| +312% | +$11.4M |
|
|
BFYT
1540
PUT
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $14.3M | 0.01% |
552,400
+102,400
| +23% | +$2.57M |
|
1541
CALL
MSCI
MSCI
$41B
| $14.3M | 0.01% |
59,900
+18,000
| +43% | +$4.04M |
|
1542
PUT
Equifax
EFX
$22.5B
| $14.3M | 0.01% |
105,700
+16,900
| +19% | +$2.12M |
|
1543
PUT
iShares Russell 1000 Growth ETF
IWF
$125B
| $14.3M | 0.01% |
362,800
+27,600
| +8% | +$1.07M |
|
|
K
1544
DELISTED
Kellanova
K
| $14.3M | 0.01% |
+283,716
| New | +$15.1M |
|
1545
PUT
Westlake Corp
WLK
$9.56B
| $14.3M | 0.01% |
205,300
+139,100
| +210% | +$9.26M |
|
1546
PUT
Lincoln National
LNC
$8.16B
| $14.3M | 0.01% |
221,200
+140,000
| +172% | +$8.95M |
|
1547
PUT
IPG Photonics
IPGP
$3.05B
| $14.3M | 0.01% |
92,400
-65,200
| -41% | -$9.86M |
|
1548
CALL
Deutsche Bank
DB
$73.4B
| $14.2M | 0.01% |
1,867,200
-420,600
| -18% | -$3.24M |
|
|
EQM
1549
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $14.2M | 0.01% |
318,800
+76,800
| +32% | +$3.46M |
|
|
1550
CALL
iShares Russell 1000 Growth ETF
IWF
$125B
| $14.2M | 0.01% |
360,800
-16,400
| -4% | -$635K |
|
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.