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 | |
|---|---|---|---|---|---|---|
1576
PUT
Neurocrine Biosciences
NBIX
$15.6B
| $11.8M | ﹤0.01% |
133,500
-7,600
| -5% | -$635K |
|
1577
PUT
GoPro
GPRO
$112M
| $11.7M | ﹤0.01% |
1,805,200
-549,100
| -23% | -$3.07M |
|
1578
CALL
Dentsply Sirona
XRAY
$2.19B
| $11.7M | ﹤0.01% |
236,400
-17,100
| -7% | -$753K |
|
1579
CALL
Bread Financial
BFH
$4.14B
| $11.7M | ﹤0.01% |
83,826
+42,226
| +102% | +$5.75M |
|
1580
CALL
Golar LNG
GLNG
$5.31B
| $11.7M | ﹤0.01% |
554,100
+84,000
| +18% | +$1.85M |
|
|
WW
1581
CALL
DELISTED
WW International
WW
| $11.7M | ﹤0.01% |
578,600
+16,200
| +3% | +$447K |
|
1582
PUT
Zions Bancorporation
ZION
$9.86B
| $11.6M | ﹤0.01% |
256,400
+43,700
| +21% | +$2.08M |
|
1583
PUT
Old Dominion Freight Line
ODFL
$41.1B
| $11.6M | ﹤0.01% |
241,800
+89,700
| +59% | +$4.19M |
|
1584
Pan American Silver
PAAS
$22.5B
| $11.6M | ﹤0.01% |
877,867
+270,937
| +45% | +$3.79M |
|
1585
CALL
Zebra Technologies
ZBRA
$17.1B
| $11.6M | ﹤0.01% |
55,500
-2,000
| -3% | -$376K |
|
1586
CALL
Public Service Enterprise Group
PEG
$36.5B
| $11.6M | ﹤0.01% |
195,700
-61,300
| -24% | -$3.43M |
|
|
BHVN
1587
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $11.6M | ﹤0.01% |
225,807
+173,508
| +332% | +$7.5M |
|
|
CLDR
1588
DELISTED
Cloudera, Inc.
CLDR
| $11.6M | ﹤0.01% |
1,060,936
+624,655
| +143% | +$8.03M |
|
1589
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $11.6M | ﹤0.01% |
440,608
-516,103
| -54% | -$12.7M |
|
1590
PUT
Labcorp
LH
$27.4B
| $11.6M | ﹤0.01% |
88,231
+28,052
| +47% | +$3.46M |
|
|
SPR
1591
CALL
DELISTED
Spirit AeroSystems
SPR
| $11.6M | ﹤0.01% |
126,500
-56,400
| -31% | -$4.98M |
|
1592
CALL
HF Sinclair
DINO
$16.6B
| $11.5M | ﹤0.01% |
234,100
-91,600
| -28% | -$4.88M |
|
|
VSM
1593
DELISTED
Versum Materials, Inc.
VSM
| $11.5M | ﹤0.01% |
+229,262
| New | +$9.13M |
|
1594
Spire
SR
$4.92B
| $11.5M | ﹤0.01% |
140,074
+120,987
| +634% | +$9.44M |
|
1595
CALL
Vipshop
VIPS
$6.73B
| $11.5M | ﹤0.01% |
1,435,600
-352,700
| -20% | -$2.5M |
|
|
EMBJ
1596
PUT
Embraer S.A. ADS
EMBJ
$13.3B
| $11.5M | ﹤0.01% |
605,900
+399,200
| +193% | +$8.3M |
|
1597
CALL
Sony
SONY
$141B
| $11.5M | ﹤0.01% |
1,363,000
+464,500
| +52% | +$4.35M |
|
1598
State Street Technology Select Sector SPDR ETF
XLK
$119B
| $11.5M | ﹤0.01% |
+311,194
| New | +$10.6M |
|
1599
CALL
Vanguard FTSE Europe ETF
VGK
$31.3B
| $11.5M | ﹤0.01% |
214,600
-200,700
| -48% | -$10.5M |
|
|
ZUO
1600
DELISTED
Zuora, Inc.
ZUO
| $11.5M | ﹤0.01% |
573,397
+321,251
| +127% | +$6.93M |
|
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.