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 | |
|---|---|---|---|---|---|---|
|
COUP
1626
PUT
DELISTED
Coupa Software Incorporated
COUP
| $11.2M | ﹤0.01% |
122,600
+31,900
| +35% | +$2.73M |
|
1627
PUT
Axalta
AXTA
$7.79B
| $11.1M | ﹤0.01% |
440,900
-157,300
| -26% | -$4.05M |
|
1628
Tenet Healthcare
THC
$21.9B
| $11.1M | ﹤0.01% |
385,406
-201,796
| -34% | -$4.98M |
|
1629
CALL
Children's Place
PLCE
$59.8M
| $11.1M | ﹤0.01% |
114,200
-33,000
| -22% | -$3.01M |
|
1630
CALL
Assured Guaranty
AGO
$3.3B
| $11.1M | ﹤0.01% |
249,600
+55,200
| +28% | +$2.3M |
|
1631
Amplify Alternative Harvest ETF
MJ
$118M
| $11.1M | ﹤0.01% |
25,407
+7,631
| +43% | +$3.15M |
|
1632
PUT
Duke Energy
DUK
$94.8B
| $11.1M | ﹤0.01% |
123,100
-126,600
| -51% | -$11.2M |
|
|
MNDT
1633
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $11.1M | ﹤0.01% |
658,300
-807,900
| -55% | -$13.6M |
|
1634
PUT
Regions Financial
RF
$26.1B
| $11M | ﹤0.01% |
780,800
+302,600
| +63% | +$4.64M |
|
|
SLCA
1635
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $11M | ﹤0.01% |
636,200
-11,400
| -2% | -$163K |
|
1636
CALL
Yum China
YUMC
$16.6B
| $11M | ﹤0.01% |
245,600
-177,900
| -42% | -$7.01M |
|
|
BERY
1637
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $11M | ﹤0.01% |
222,918
-113,474
| -34% | -$5.38M |
|
1638
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $11M | ﹤0.01% |
102,900
-104,000
| -50% | -$11.3M |
|
1639
Cencora
COR
$62.6B
| $11M | ﹤0.01% |
+138,187
| New | +$11.1M |
|
|
SGEN
1640
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $11M | ﹤0.01% |
149,900
+117,500
| +363% | +$8.36M |
|
|
TIF
1641
DELISTED
Tiffany & Co.
TIF
| $11M | ﹤0.01% |
+103,937
| New | +$9.54M |
|
1642
Match Group
MTCH
$9.68B
| $11M | ﹤0.01% |
+193,646
| New | +$10.2M |
|
1643
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $10.9M | ﹤0.01% |
75,600
-88,500
| -54% | -$12.3M |
|
1644
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.22B
| $10.9M | ﹤0.01% |
403,086
+24,451
| +6% | +$638K |
|
1645
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $10.9M | ﹤0.01% |
42,000
-2,100
| -5% | -$525K |
|
1646
PUT
Madrigal Pharmaceuticals
MDGL
$11.8B
| $10.9M | ﹤0.01% |
87,000
+55,100
| +173% | +$6.85M |
|
1647
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $10.9M | ﹤0.01% |
47,980
+21,130
| +79% | +$4.43M |
|
1648
CALL
Albemarle
ALB
$15.7B
| $10.9M | ﹤0.01% |
132,700
-1,200
| -0.9% | -$98.1K |
|
1649
PUT
Golar LNG
GLNG
$5.31B
| $10.9M | ﹤0.01% |
515,300
+121,500
| +31% | +$2.68M |
|
1650
CALL
Scorpio Tankers
STNG
$3.87B
| $10.8M | ﹤0.01% |
546,900
+533,120
| +3,869% | +$10.1M |
|
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.