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 | |
|---|---|---|---|---|---|---|
1701
PUT
Essex Property Trust
ESS
$18.8B
| $10.3M | ﹤0.01% |
35,700
-12,100
| -25% | -$3.3M |
|
1702
CALL
Vanguard Information Technology ETF
VGT
$144B
| $10.3M | ﹤0.01% |
411,200
+255,200
| +164% | +$5.93M |
|
1703
CALL
Chemours
CC
$2.37B
| $10.3M | ﹤0.01% |
277,200
-70,300
| -20% | -$2.56M |
|
1704
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $10.3M | ﹤0.01% |
122,650
+117,562
| +2,311% | +$9.68M |
|
1705
CoStar Group
CSGP
$13.3B
| $10.3M | ﹤0.01% |
220,670
-100,510
| -31% | -$4.15M |
|
|
GOOS
1706
Canada Goose Holdings
GOOS
$803M
| $10.3M | ﹤0.01% |
+214,230
| New | +$10.9M |
|
1707
CALL
Teck Resources
TECK
$35.1B
| $10.3M | ﹤0.01% |
443,500
-169,400
| -28% | -$3.82M |
|
1708
CALL
Assurant
AIZ
$14.1B
| $10.3M | ﹤0.01% |
108,200
+99,700
| +1,173% | +$9.65M |
|
1709
PUT
HF Sinclair
DINO
$16.6B
| $10.3M | ﹤0.01% |
208,300
-376,200
| -64% | -$20M |
|
1710
PUT
Dick's Sporting Goods
DKS
$11.1B
| $10.3M | ﹤0.01% |
278,500
-221,600
| -44% | -$7.9M |
|
1711
PUT
Amplify Alternative Harvest ETF
MJ
$118M
| $10.2M | ﹤0.01% |
23,483
+1,183
| +5% | +$488K |
|
|
AYX
1712
CALL
DELISTED
Alteryx Inc
AYX
| $10.2M | ﹤0.01% |
122,200
-57,400
| -32% | -$4.14M |
|
1713
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $10.2M | ﹤0.01% |
352,012
+182,860
| +108% | +$5.08M |
|
|
NXH
1714
CALL
Neighborhood Intelligence Inc
NXH
$388M
| $10.2M | ﹤0.01% |
818,432
+211,762
| +35% | +$2.89M |
|
1715
iQIYI
IQ
$994M
| $10.2M | ﹤0.01% |
426,749
-710,719
| -62% | -$15.7M |
|
|
MRO
1716
DELISTED
Marathon Oil Corporation
MRO
| $10.2M | ﹤0.01% |
610,546
+383,130
| +168% | +$6.26M |
|
1717
CALL
Ball Corp
BALL
$17B
| $10.2M | ﹤0.01% |
176,000
+51,600
| +41% | +$2.75M |
|
|
FL
1718
DELISTED
Foot Locker
FL
| $10.2M | ﹤0.01% |
167,810
+80,302
| +92% | +$4.68M |
|
1719
PUT
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $10.1M | ﹤0.01% |
277,400
+159,900
| +136% | +$5.75M |
|
1720
PUT
Jacobs Solutions
J
$17.7B
| $10.1M | ﹤0.01% |
162,969
+157,891
| +3,109% | +$8.89M |
|
1721
PUT
L3Harris
LHX
$48.8B
| $10.1M | ﹤0.01% |
63,400
-4,500
| -7% | -$693K |
|
1722
CALL
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $10.1M | ﹤0.01% |
66,200
+56,800
| +604% | +$8.44M |
|
|
UNIT
1723
CALL
Uniti Group
UNIT
$2.45B
| $10.1M | ﹤0.01% |
903,800
+114,400
| +14% | +$1.67M |
|
1724
PUT
Canadian Natural Resources
CNQ
$102B
| $10.1M | ﹤0.01% |
750,639
+43,494
| +6% | +$578K |
|
1725
PUT
iShares MSCI China ETF
MCHI
$6.24B
| $10.1M | ﹤0.01% |
161,900
-30,700
| -16% | -$1.81M |
|
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.