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 | |
|---|---|---|---|---|---|---|
|
JO
1851
PUT
DELISTED
iPath Series B Bloomberg Coffee Subindex Total ReturnSM ETN
JO
| $8.72M | ﹤0.01% |
257,000
+240,400
| +1,448% | +$8.78M |
|
1852
PUT
Chemours
CC
$2.36B
| $8.7M | ﹤0.01% |
234,200
+60,400
| +35% | +$2.2M |
|
|
SIX
1853
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.69M | ﹤0.01% |
176,000
+55,800
| +46% | +$3.15M |
|
1854
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $8.68M | ﹤0.01% |
25,142
-266,961
| -91% | -$89.8M |
|
1855
PUT
Caesars Entertainment
CZR
$6.04B
| $8.68M | ﹤0.01% |
+185,800
| New | +$8.48M |
|
1856
PUT
B&G Foods
BGS
$284M
| $8.67M | ﹤0.01% |
355,200
-91,600
| -21% | -$2.4M |
|
1857
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $8.67M | ﹤0.01% |
352,000
-423,400
| -55% | -$9.33M |
|
1858
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $8.66M | ﹤0.01% |
101,100
-59,500
| -37% | -$4.97M |
|
1859
TransUnion
TRU
$16.1B
| $8.66M | ﹤0.01% |
129,530
+29,108
| +29% | +$1.8M |
|
|
IFLN
1860
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$306M
| $8.65M | ﹤0.01% |
463,847
+399,855
| +625% | +$7.36M |
|
1861
CALL
Insmed
INSM
$26.9B
| $8.63M | ﹤0.01% |
296,900
+56,700
| +24% | +$1.47M |
|
1862
PUT
MSCI
MSCI
$40.8B
| $8.63M | ﹤0.01% |
43,400
+20,200
| +87% | +$3.51M |
|
1863
PUT
SAP
SAP
$242B
| $8.61M | ﹤0.01% |
74,600
+45,700
| +158% | +$4.86M |
|
1864
PUT
Genuine Parts
GPC
$19.1B
| $8.6M | ﹤0.01% |
76,800
+14,300
| +23% | +$1.48M |
|
|
PXD
1865
DELISTED
Pioneer Natural Resource Co.
PXD
| $8.6M | ﹤0.01% |
+56,452
| New | +$7.97M |
|
1866
PUT
Textron
TXT
$14.2B
| $8.59M | ﹤0.01% |
169,600
-22,400
| -12% | -$1.16M |
|
1867
JetBlue
JBLU
$1.91B
| $8.58M | ﹤0.01% |
524,521
-310,350
| -37% | -$5.31M |
|
|
AD
1868
PUT
Array Digital Infrastructure
AD
$3.09B
| $8.57M | ﹤0.01% |
186,700
+182,700
| +4,568% | +$9.55M |
|
1869
CALL
BCE
BCE
$21.8B
| $8.56M | ﹤0.01% |
192,800
+112,100
| +139% | +$4.84M |
|
1870
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.4M
| $8.55M | ﹤0.01% |
67,700
-7,200
| -10% | -$910K |
|
1871
PUT
Encore Capital Group
ECPG
$2.16B
| $8.55M | ﹤0.01% |
313,900
+17,300
| +6% | +$516K |
|
|
LM
1872
PUT
DELISTED
Legg Mason, Inc.
LM
| $8.54M | ﹤0.01% |
312,200
+120,000
| +62% | +$3.44M |
|
|
NVEE
1873
CALL
DELISTED
NV5 Global
NVEE
| $8.54M | ﹤0.01% |
575,600
+492,800
| +595% | +$8.48M |
|
1874
PUT
Trane Technologies
TT
$102B
| $8.54M | ﹤0.01% |
79,100
-7,800
| -9% | -$790K |
|
1875
PUT
Norwegian Cruise Line
NCLH
$7.86B
| $8.52M | ﹤0.01% |
155,100
-4,900
| -3% | -$253K |
|
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.