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 | |
|---|---|---|---|---|---|---|
1651
CALL
CDW
CDW
$17.8B
| $10.8M | ﹤0.01% |
112,400
+78,500
| +232% | +$7.01M |
|
1652
PUT
Rogers Corp
ROG
$2.23B
| $10.8M | ﹤0.01% |
68,100
+57,700
| +555% | +$7.79M |
|
1653
CALL
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $10.8M | ﹤0.01% |
259,000
-111,000
| -30% | -$4.76M |
|
|
FOLD
1654
CALL
DELISTED
Amicus Therapeutics
FOLD
| $10.8M | ﹤0.01% |
794,700
+538,100
| +210% | +$6.57M |
|
|
RDFN
1655
CALL
DELISTED
Redfin
RDFN
| $10.8M | ﹤0.01% |
533,200
+374,600
| +236% | +$6.83M |
|
1656
PUT
Oneok
OKE
$57.8B
| $10.8M | ﹤0.01% |
154,600
+14,700
| +11% | +$952K |
|
1657
PUT
Franco-Nevada
FNV
$52.4B
| $10.8M | ﹤0.01% |
143,800
-124,700
| -46% | -$9.26M |
|
1658
CALL
XPO
XPO
$22.5B
| $10.8M | ﹤0.01% |
580,592
-80,670
| -12% | -$1.55M |
|
|
DGAZ
1659
DELISTED
VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return
DGAZ
| $10.8M | ﹤0.01% |
100,102
-68,811
| -41% | -$6.7M |
|
1660
Sony
SONY
$141B
| $10.8M | ﹤0.01% |
1,276,120
+553,035
| +76% | +$5.18M |
|
1661
iShares Latin America 40 ETF
ILF
$3.79B
| $10.8M | ﹤0.01% |
324,340
-270,572
| -45% | -$9.23M |
|
1662
CALL
Coherent
COHR
$56.4B
| $10.8M | ﹤0.01% |
288,700
+65,100
| +29% | +$2.41M |
|
|
ACIA
1663
CALL
DELISTED
Acacia Communications Inc
ACIA
| $10.7M | ﹤0.01% |
187,300
-30,300
| -14% | -$1.45M |
|
1664
CALL
AnaptysBio
ANAB
$1.73B
| $10.7M | ﹤0.01% |
146,900
-28,300
| -16% | -$1.95M |
|
1665
PUT
Delek US
DK
$4.14B
| $10.7M | ﹤0.01% |
294,500
+131,900
| +81% | +$4.49M |
|
|
NEWR
1666
PUT
DELISTED
New Relic, Inc.
NEWR
| $10.7M | ﹤0.01% |
108,600
+48,200
| +80% | +$4.77M |
|
|
CXO
1667
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $10.7M | ﹤0.01% |
96,600
+1,200
| +1% | +$136K |
|
1668
CALL
Visteon
VC
$2.77B
| $10.7M | ﹤0.01% |
159,100
+71,600
| +82% | +$5.39M |
|
|
MMP
1669
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $10.7M | ﹤0.01% |
176,500
-44,500
| -20% | -$2.69M |
|
1670
CALL
Newell Brands
NWL
$2.53B
| $10.7M | ﹤0.01% |
697,100
-1,044,700
| -60% | -$19.2M |
|
|
ELLI
1671
PUT
DELISTED
Ellie Mae Inc
ELLI
| $10.7M | ﹤0.01% |
108,300
+15,000
| +16% | +$1.3M |
|
1672
CALL
Tronox
TROX
$880M
| $10.7M | ﹤0.01% |
812,400
+618,600
| +319% | +$6.54M |
|
|
CFXA
1673
DELISTED
Colfax Corporation 5.75% Tangible Equity Units
CFXA
| $10.7M | ﹤0.01% |
+80,000
| New | +$9.7M |
|
|
SAIL
1674
CALL
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $10.7M | ﹤0.01% |
371,300
+356,100
| +2,343% | +$10.1M |
|
1675
PUT
Mattel
MAT
$4.36B
| $10.7M | ﹤0.01% |
819,500
+7,300
| +0.9% | +$97.5K |
|
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.