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 | |
|---|---|---|---|---|---|---|
|
MNK
1776
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $9.42M | ﹤0.01% |
433,100
-14,900
| -3% | -$318K |
|
1777
Schwab US Aggregate Bond ETF
SCHZ
$10.7B
| $9.41M | ﹤0.01% |
362,630
+140,696
| +63% | +$3.59M |
|
|
NVRO
1778
CALL
DELISTED
NEVRO CORP.
NVRO
| $9.4M | ﹤0.01% |
150,400
-185,900
| -55% | -$8.74M |
|
1779
PUT
3D Systems Corp
DDD
$535M
| $9.4M | ﹤0.01% |
873,200
+206,400
| +31% | +$2.45M |
|
1780
HDFC Bank
HDB
$121B
| $9.39M | ﹤0.01% |
324,188
-107,808
| -25% | -$2.8M |
|
1781
CALL
iShares TIPS Bond ETF
TIP
$15.1B
| $9.38M | ﹤0.01% |
83,000
+19,100
| +30% | +$2.12M |
|
1782
CALL
Charles River Laboratories
CRL
$14.2B
| $9.38M | ﹤0.01% |
64,600
+21,400
| +50% | +$2.81M |
|
1783
PUT
ICU Medical
ICUI
$4.56B
| $9.38M | ﹤0.01% |
39,200
+31,400
| +403% | +$7.53M |
|
1784
CALL
ResMed
RMD
$34.1B
| $9.38M | ﹤0.01% |
90,200
+64,900
| +257% | +$6.7M |
|
1785
Polaris
PII
$3.62B
| $9.37M | ﹤0.01% |
110,998
+108,337
| +4,071% | +$9.19M |
|
1786
CALL
Ryder
R
$9.44B
| $9.36M | ﹤0.01% |
151,000
+102,900
| +214% | +$6.02M |
|
1787
CALL
Steel Dynamics
STLD
$33.1B
| $9.36M | ﹤0.01% |
265,300
-59,200
| -18% | -$2.1M |
|
1788
Axalta
AXTA
$7.79B
| $9.34M | ﹤0.01% |
370,460
-48,946
| -12% | -$1.26M |
|
1789
CALL
Vanguard Energy ETF
VDE
$10.6B
| $9.34M | ﹤0.01% |
104,400
+66,900
| +178% | +$5.81M |
|
1790
PUT
Visteon
VC
$2.77B
| $9.34M | ﹤0.01% |
138,600
+24,100
| +21% | +$1.81M |
|
|
SINA
1791
PUT
DELISTED
Sina Corp
SINA
| $9.32M | ﹤0.01% |
157,400
-59,500
| -27% | -$3.57M |
|
1792
CALL
Hartford Financial Services
HIG
$37.4B
| $9.32M | ﹤0.01% |
187,500
+83,400
| +80% | +$3.96M |
|
1793
CALL
Aon
AON
$75.3B
| $9.32M | ﹤0.01% |
54,600
-50,800
| -48% | -$8.24M |
|
1794
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $9.32M | ﹤0.01% |
+254,782
| New | +$9.04M |
|
1795
PUT
Realty Income
O
$59.5B
| $9.31M | ﹤0.01% |
130,651
+25,284
| +24% | +$1.68M |
|
1796
CALL
Ally Financial
ALLY
$13B
| $9.3M | ﹤0.01% |
338,500
-490,300
| -59% | -$12.8M |
|
1797
PUT
Ross Stores
ROST
$77.4B
| $9.3M | ﹤0.01% |
99,900
-36,200
| -27% | -$3.32M |
|
1798
Tyson Foods
TSN
$20.1B
| $9.29M | ﹤0.01% |
133,884
+41,065
| +44% | +$2.54M |
|
1799
CALL
Cullen/Frost Bankers
CFR
$10.2B
| $9.29M | ﹤0.01% |
95,700
+64,800
| +210% | +$6.43M |
|
1800
CALL
KeyCorp
KEY
$23.4B
| $9.28M | ﹤0.01% |
589,400
+130,700
| +28% | +$2.18M |
|
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.