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 | |
|---|---|---|---|---|---|---|
1751
PUT
Knight Transportation
KNX
$11.2B
| $9.73M | ﹤0.01% |
297,600
-444,500
| -60% | -$14.1M |
|
1752
CALL
Transocean
RIG
$6.31B
| $9.72M | ﹤0.01% |
1,115,800
-4,579,600
| -80% | -$39.2M |
|
1753
General Mills
GIS
$21.6B
| $9.72M | ﹤0.01% |
187,772
-423,939
| -69% | -$19.2M |
|
1754
CALL
Agilent Technologies
A
$43.6B
| $9.68M | ﹤0.01% |
120,400
+25,000
| +26% | +$1.9M |
|
1755
CALL
Markel Group
MKL
$22.6B
| $9.66M | ﹤0.01% |
9,700
+400
| +4% | +$406K |
|
1756
PUT
Fluor
FLR
$6.95B
| $9.65M | ﹤0.01% |
262,300
+68,400
| +35% | +$2.5M |
|
|
UNIT
1757
PUT
Uniti Group
UNIT
$2.46B
| $9.61M | ﹤0.01% |
858,900
-603,300
| -41% | -$8.83M |
|
1758
PUT
Elastic
ESTC
$8.37B
| $9.61M | ﹤0.01% |
120,300
+100,700
| +514% | +$8.41M |
|
|
WBT
1759
CALL
DELISTED
Welbilt, Inc.
WBT
| $9.59M | ﹤0.01% |
585,300
+562,000
| +2,412% | +$8.2M |
|
1760
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.7B
| $9.56M | ﹤0.01% |
204,400
+82,500
| +68% | +$3.76M |
|
|
KYNB
1761
CALL
Kyntra Bio
KYNB
$32.2M
| $9.55M | ﹤0.01% |
7,032
+3,412
| +94% | +$4.63M |
|
1762
CALL
Pool Corp
POOL
$6.83B
| $9.55M | ﹤0.01% |
57,900
+38,400
| +197% | +$5.96M |
|
1763
CALL
Essex Property Trust
ESS
$18.6B
| $9.54M | ﹤0.01% |
33,000
+4,900
| +17% | +$1.34M |
|
1764
CALL
YPF Sociedad Anonima ADS
YPF
$19.6B
| $9.54M | ﹤0.01% |
680,900
-91,300
| -12% | -$1.34M |
|
|
LLL
1765
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $9.53M | ﹤0.01% |
46,200
-1,100
| -2% | -$218K |
|
1766
CALL
Invesco Senior Loan ETF
BKLN
$6.78B
| $9.51M | ﹤0.01% |
420,200
-616,300
| -59% | -$13.9M |
|
1767
CALL
Lamar Advertising Co
LAMR
$15.5B
| $9.51M | ﹤0.01% |
120,000
+106,900
| +816% | +$8.08M |
|
1768
CALL
Ventas
VTR
$48.3B
| $9.51M | ﹤0.01% |
149,000
-175,500
| -54% | -$11M |
|
|
LOGM
1769
CALL
DELISTED
LogMein, Inc.
LOGM
| $9.48M | ﹤0.01% |
118,400
-20,400
| -15% | -$1.74M |
|
1770
CALL
NCR Voyix
VYX
$1.13B
| $9.48M | ﹤0.01% |
566,425
+375,552
| +197% | +$6.22M |
|
|
LLL
1771
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $9.47M | ﹤0.01% |
45,900
+5,700
| +14% | +$1.13M |
|
1772
PUT
Eaton
ETN
$161B
| $9.47M | ﹤0.01% |
117,500
-257,100
| -69% | -$19.6M |
|
1773
PUT
Marvell Technology
MRVL
$215B
| $9.47M | ﹤0.01% |
475,900
-105,800
| -18% | -$1.98M |
|
|
PVTL
1774
CALL
DELISTED
Pivotal Software, Inc.
PVTL
| $9.46M | ﹤0.01% |
453,900
+223,700
| +97% | +$4.37M |
|
1775
Intuitive Surgical
ISRG
$130B
| $9.44M | ﹤0.01% |
49,608
-358,335
| -88% | -$63.7M |
|
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.