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 | |
|---|---|---|---|---|---|---|
1651
Pinduoduo
PDD
$123B
| $12.7M | ﹤0.01% |
+615,749
| New | +$13.3M |
|
1652
CALL
Exelixis
EXEL
$14.1B
| $12.7M | ﹤0.01% |
593,800
-59,600
| -9% | -$1.25M |
|
1653
Masco
MAS
$14.5B
| $12.7M | ﹤0.01% |
+323,257
| New | +$12.5M |
|
1654
CALL
Howard Hughes
HHH
$3.92B
| $12.7M | ﹤0.01% |
+107,418
| New | +$11M |
|
1655
PUT
Aon
AON
$75.3B
| $12.7M | ﹤0.01% |
65,700
-9,700
| -13% | -$1.76M |
|
1656
CALL
IPG Photonics
IPGP
$3.19B
| $12.7M | ﹤0.01% |
82,100
+63,400
| +339% | +$9.59M |
|
1657
PUT
TripAdvisor
TRIP
$1.17B
| $12.7M | ﹤0.01% |
273,500
-125,900
| -32% | -$6.14M |
|
|
VRNT
1658
CALL
DELISTED
Verint Systems
VRNT
| $12.7M | ﹤0.01% |
462,090
+60,264
| +15% | +$1.81M |
|
|
SAFM
1659
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $12.6M | ﹤0.01% |
92,600
+23,400
| +34% | +$3.32M |
|
1660
PUT
JetBlue
JBLU
$1.91B
| $12.6M | ﹤0.01% |
679,900
+141,600
| +26% | +$2.53M |
|
1661
PUT
Annaly Capital Management
NLY
$17.3B
| $12.6M | ﹤0.01% |
344,025
+150,525
| +78% | +$5.74M |
|
1662
PUT
Fortune Brands Innovations
FBIN
$5.52B
| $12.5M | ﹤0.01% |
256,932
+203,346
| +379% | +$9.05M |
|
1663
PUT
GameStop
GME
$8.04B
| $12.5M | ﹤0.01% |
9,161,200
+846,800
| +10% | +$1.66M |
|
|
COUP
1664
DELISTED
Coupa Software Incorporated
COUP
| $12.5M | ﹤0.01% |
98,830
+86,230
| +684% | +$9.25M |
|
1665
CALL
Toll Brothers
TOL
$13.7B
| $12.5M | ﹤0.01% |
341,600
-55,800
| -14% | -$2.08M |
|
1666
PUT
ArcelorMittal
MT
$56.4B
| $12.5M | ﹤0.01% |
693,500
-269,600
| -28% | -$5.09M |
|
1667
PUT
Labcorp
LH
$27.2B
| $12.5M | ﹤0.01% |
84,157
-4,074
| -5% | -$568K |
|
1668
Edison International
EIX
$28.5B
| $12.5M | ﹤0.01% |
185,245
+172,422
| +1,345% | +$10.7M |
|
1669
CALL
ProShares UltraShort S&P500
SDS
$395M
| $12.5M | ﹤0.01% |
16,244
+6,772
| +71% | +$5.45M |
|
1670
CALL
Papa John's
PZZA
$777M
| $12.5M | ﹤0.01% |
278,700
-416,800
| -60% | -$20.5M |
|
|
MNK
1671
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $12.5M | ﹤0.01% |
1,357,200
+976,500
| +257% | +$14.1M |
|
1672
PUT
Idexx Laboratories
IDXX
$43.8B
| $12.4M | ﹤0.01% |
45,200
-31,000
| -41% | -$7.64M |
|
1673
PUT
Conagra Brands
CAG
$7.78B
| $12.4M | ﹤0.01% |
468,500
-13,700
| -3% | -$398K |
|
|
MDR
1674
CALL
DELISTED
McDermott International
MDR
| $12.4M | ﹤0.01% |
1,285,900
+481,800
| +60% | +$3.85M |
|
|
ITCI
1675
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $12.4M | ﹤0.01% |
953,900
+408,200
| +75% | +$5.24M |
|
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.