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 | |
|---|---|---|---|---|---|---|
1726
PUT
Abercrombie & Fitch
ANF
$4.84B
| $10.1M | ﹤0.01% |
368,600
-238,000
| -39% | -$5.34M |
|
1727
PUT
OSI Systems
OSIS
$3.25B
| $10.1M | ﹤0.01% |
115,300
-19,500
| -14% | -$1.63M |
|
1728
PUT
KLA
KLAC
$240B
| $10.1M | ﹤0.01% |
845,000
-60,000
| -7% | -$645K |
|
|
1729
Alphabet (Google) Class C
GOOG
$4.2T
| $10.1M | ﹤0.01% |
+171,900
| New | +$9.64M |
|
1730
CALL
Celanese
CE
$4.89B
| $10.1M | ﹤0.01% |
102,100
+55,000
| +117% | +$5.41M |
|
1731
Clean Harbors
CLH
$16.3B
| $10M | ﹤0.01% |
140,442
+130,575
| +1,323% | +$8.07M |
|
1732
Neurocrine Biosciences
NBIX
$15.6B
| $10M | ﹤0.01% |
113,977
+106,242
| +1,374% | +$8.88M |
|
|
APHA
1733
PUT
DELISTED
Aphria Inc. Common Shares
APHA
| $10M | ﹤0.01% |
1,074,900
+229,400
| +27% | +$2.01M |
|
1734
PUT
MPLX
MPLX
$59.2B
| $10M | ﹤0.01% |
304,500
+22,700
| +8% | +$762K |
|
1735
PUT
Editas Medicine
EDIT
$504M
| $9.99M | ﹤0.01% |
408,600
+57,500
| +16% | +$1.3M |
|
1736
PUT
Danaher
DHR
$152B
| $9.98M | ﹤0.01% |
85,277
-142,805
| -63% | -$14.6M |
|
|
DNKN
1737
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $9.98M | ﹤0.01% |
132,900
+50,400
| +61% | +$3.53M |
|
|
1738
CALL
OSI Systems
OSIS
$3.25B
| $9.95M | ﹤0.01% |
113,600
+47,900
| +73% | +$4.01M |
|
1739
PUT
National Health Investors
NHI
$3.6B
| $9.94M | ﹤0.01% |
126,500
+22,700
| +22% | +$1.8M |
|
1740
CALL
Autohome
ATHM
$2.5B
| $9.92M | ﹤0.01% |
94,400
+14,100
| +18% | +$1.16M |
|
1741
CALL
Broadridge
BR
$21.1B
| $9.92M | ﹤0.01% |
95,700
+37,200
| +64% | +$3.73M |
|
1742
PUT
Baxter International
BAX
$13.6B
| $9.89M | ﹤0.01% |
121,700
-126,100
| -51% | -$9.18M |
|
1743
PUT
ProShares VIX Short-Term Futures ETF
VIXY
$220M
| $9.88M | ﹤0.01% |
5,144
+4,391
| +583% | +$9.95M |
|
|
1744
CALL
Neurocrine Biosciences
NBIX
$15.6B
| $9.87M | ﹤0.01% |
112,000
-265,100
| -70% | -$22.2M |
|
1745
CALL
JB Hunt Transport Services
JBHT
$24.6B
| $9.84M | ﹤0.01% |
97,100
+82,400
| +561% | +$8.54M |
|
1746
CALL
Hormel Foods
HRL
$13.3B
| $9.83M | ﹤0.01% |
219,600
-27,600
| -11% | -$1.18M |
|
1747
CALL
Suncor Energy
SU
$76.4B
| $9.82M | ﹤0.01% |
302,900
-441,600
| -59% | -$14.4M |
|
1748
PUT
Harley-Davidson
HOG
$2.86B
| $9.8M | ﹤0.01% |
274,700
-249,400
| -48% | -$9.08M |
|
1749
PUT
Qorvo
QRVO
$8.32B
| $9.79M | ﹤0.01% |
136,500
-22,200
| -14% | -$1.47M |
|
|
RESI
1750
PUT
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $9.75M | ﹤0.01% |
1,051,800
+759,100
| +259% | +$7.92M |
|
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.