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 | |
|---|---|---|---|---|---|---|
1701
Fluor
FLR
$6.96B
| $12.1M | ﹤0.01% |
358,612
+234,361
| +189% | +$7.85M |
|
1702
PUT
Toyota
TM
$227B
| $12.1M | ﹤0.01% |
97,300
-89,000
| -48% | -$10.9M |
|
1703
CALL
PACCAR
PCAR
$68B
| $12.1M | ﹤0.01% |
252,300
-106,050
| -30% | -$4.93M |
|
1704
CALL
AGNC Investment
AGNC
$12.8B
| $12M | ﹤0.01% |
715,000
-181,400
| -20% | -$3.15M |
|
1705
Itaú Unibanco
ITUB
$83.9B
| $12M | ﹤0.01% |
1,750,870
+1,474,156
| +533% | +$9.28M |
|
1706
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.7B
| $12M | ﹤0.01% |
343,516
+255,924
| +292% | +$8.78M |
|
1707
CALL
Quest Diagnostics
DGX
$27B
| $12M | ﹤0.01% |
117,600
+69,500
| +144% | +$6.68M |
|
|
LLL
1708
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $11.9M | ﹤0.01% |
48,700
+2,800
| +6% | +$654K |
|
1709
Ligand Pharmaceuticals
LGND
$5.74B
| $11.9M | ﹤0.01% |
167,610
+154,092
| +1,140% | +$11.3M |
|
1710
Charter Communications
CHTR
$18.4B
| $11.9M | ﹤0.01% |
+30,084
| New | +$11.3M |
|
1711
CALL
ICU Medical
ICUI
$4.49B
| $11.9M | ﹤0.01% |
47,100
-3,100
| -6% | -$718K |
|
1712
Ares Capital
ARCC
$14.3B
| $11.9M | ﹤0.01% |
661,279
+315,116
| +91% | +$5.58M |
|
1713
PUT
OSI Systems
OSIS
$3.36B
| $11.9M | ﹤0.01% |
105,300
-10,000
| -9% | -$1.01M |
|
1714
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $11.8M | ﹤0.01% |
437,600
+85,600
| +24% | +$2.21M |
|
1715
CALL
Eversource Energy
ES
$27B
| $11.8M | ﹤0.01% |
156,100
+79,600
| +104% | +$5.82M |
|
1716
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.32B
| $11.8M | ﹤0.01% |
82,200
+17,900
| +28% | +$2.56M |
|
1717
CALL
NCR Voyix
VYX
$1.23B
| $11.8M | ﹤0.01% |
619,400
+52,975
| +9% | +$985K |
|
1718
PUT
Cintas
CTAS
$82.3B
| $11.8M | ﹤0.01% |
199,200
-192,000
| -49% | -$10.6M |
|
1719
CALL
Under Armour Class C
UA
$2.16B
| $11.8M | ﹤0.01% |
532,200
+89,900
| +20% | +$1.87M |
|
|
SIX
1720
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $11.8M | ﹤0.01% |
237,700
+61,700
| +35% | +$3.18M |
|
1721
PUT
Weyerhaeuser
WY
$17.4B
| $11.7M | ﹤0.01% |
445,500
-89,900
| -17% | -$2.29M |
|
1722
CALL
Zebra Technologies
ZBRA
$17B
| $11.7M | ﹤0.01% |
56,000
+500
| +0.9% | +$101K |
|
1723
CALL
Guardant Health
GH
$22.9B
| $11.7M | ﹤0.01% |
135,700
+60,400
| +80% | +$4.61M |
|
1724
PUT
Medifast
MED
$137M
| $11.7M | ﹤0.01% |
91,300
+60,900
| +200% | +$8.46M |
|
1725
Cleveland-Cliffs
CLF
$6.58B
| $11.7M | ﹤0.01% |
1,097,619
+512,577
| +88% | +$5.05M |
|
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.