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 | |
|---|---|---|---|---|---|---|
1676
CALL
Citizens Financial Group
CFG
$29.4B
| $10.6M | ﹤0.01% |
327,300
+111,900
| +52% | +$3.88M |
|
1677
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $10.6M | ﹤0.01% |
97,200
-30,900
| -24% | -$3.18M |
|
|
AVLR
1678
CALL
DELISTED
Avalara, Inc.
AVLR
| $10.6M | ﹤0.01% |
190,400
+113,700
| +148% | +$5.28M |
|
1679
CALL
Helmerich & Payne
HP
$4.21B
| $10.6M | ﹤0.01% |
190,900
-54,800
| -22% | -$2.99M |
|
|
NBIS
1680
Nebius Group N.V.
NBIS
$60.3B
| $10.6M | ﹤0.01% |
308,721
+218,667
| +243% | +$7.25M |
|
|
SPR
1681
PUT
DELISTED
Spirit AeroSystems
SPR
| $10.6M | ﹤0.01% |
115,800
+74,500
| +180% | +$6.58M |
|
|
WLL
1682
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $10.6M | ﹤0.01% |
5,407
-5,324
| -50% | -$10.7M |
|
|
BNY
1683
PUT
Bank of New York Mellon
BNY
$111B
| $10.6M | ﹤0.01% |
210,000
-199,600
| -49% | -$10.3M |
|
1684
CALL
Restaurant Brands International
QSR
$28.4B
| $10.6M | ﹤0.01% |
162,400
-700
| -0.4% | -$43K |
|
1685
PUT
Ares Capital
ARCC
$14.3B
| $10.6M | ﹤0.01% |
616,400
+73,700
| +14% | +$1.23M |
|
|
AXDX
1686
CALL
DELISTED
Accelerate Diagnostics
AXDX
| $10.5M | ﹤0.01% |
50,150
+20,680
| +70% | +$3.88M |
|
1687
PUT
CoStar Group
CSGP
$13.3B
| $10.5M | ﹤0.01% |
226,000
+22,000
| +11% | +$909K |
|
1688
PUT
Cracker Barrel
CBRL
$1.3B
| $10.5M | ﹤0.01% |
65,200
+17,700
| +37% | +$2.91M |
|
1689
PUT
Equifax
EFX
$22.5B
| $10.5M | ﹤0.01% |
88,800
-51,900
| -37% | -$5.54M |
|
|
CEO
1690
CALL
DELISTED
CNOOC Limited
CEO
| $10.5M | ﹤0.01% |
56,300
+26,100
| +86% | +$4.42M |
|
1691
PUT
Jazz Pharmaceuticals
JAZZ
$16.9B
| $10.4M | ﹤0.01% |
73,000
+41,000
| +128% | +$5.35M |
|
1692
United Parks & Resorts
PRKS
$1.98B
| $10.4M | ﹤0.01% |
404,308
-488,743
| -55% | -$12.5M |
|
1693
CALL
NRG Energy
NRG
$23.9B
| $10.4M | ﹤0.01% |
245,100
+1,200
| +0.5% | +$49.7K |
|
|
CLR
1694
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $10.4M | ﹤0.01% |
232,500
-215,100
| -48% | -$9.62M |
|
1695
CALL
Molson Coors Class B
TAP
$7.83B
| $10.4M | ﹤0.01% |
174,200
+31,000
| +22% | +$1.91M |
|
1696
CALL
United Therapeutics
UTHR
$22.2B
| $10.4M | ﹤0.01% |
88,500
+63,400
| +253% | +$7.39M |
|
1697
CALL
Huntington Ingalls Industries
HII
$11.5B
| $10.4M | ﹤0.01% |
50,100
+19,800
| +65% | +$4.06M |
|
1698
CALL
Tapestry
TPR
$25.9B
| $10.4M | ﹤0.01% |
319,100
-219,900
| -41% | -$7.71M |
|
1699
CALL
Regions Financial
RF
$26.1B
| $10.4M | ﹤0.01% |
731,800
+226,400
| +45% | +$3.47M |
|
1700
Golar LNG
GLNG
$5.31B
| $10.3M | ﹤0.01% |
490,460
+142,033
| +41% | +$3.13M |
|
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.