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 | |
|---|---|---|---|---|---|---|
1851
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $10.1M | ﹤0.01% |
38,176
-96,321
| -72% | -$25.1M |
|
|
NRE
1852
CALL
DELISTED
NorthStar Realty Europe Corp.
NRE
| $10.1M | ﹤0.01% |
616,300
+483,800
| +365% | +$8.19M |
|
1853
NOV
NOV
$7.21B
| $10.1M | ﹤0.01% |
+454,759
| New | +$11M |
|
1854
PUT
Synopsys
SNPS
$78.5B
| $10.1M | ﹤0.01% |
78,500
+50,200
| +177% | +$6.04M |
|
1855
PUT
Mattel
MAT
$4.35B
| $10.1M | ﹤0.01% |
900,400
+80,900
| +10% | +$950K |
|
1856
CALL
Invesco Senior Loan ETF
BKLN
$6.78B
| $10.1M | ﹤0.01% |
444,800
+24,600
| +6% | +$561K |
|
1857
PUT
Encore Capital Group
ECPG
$2.12B
| $10.1M | ﹤0.01% |
297,500
-16,400
| -5% | -$532K |
|
|
FITB
1858
CALL
Fifth Third Bancorp
FITB
$50B
| $10.1M | ﹤0.01% |
361,100
-82,100
| -19% | -$2.25M |
|
1859
CALL
TripAdvisor
TRIP
$1.16B
| $10.1M | ﹤0.01% |
217,600
+42,200
| +24% | +$2.06M |
|
1860
CALL
SAP
SAP
$244B
| $10.1M | ﹤0.01% |
73,600
-6,800
| -8% | -$846K |
|
1861
PUT
Intercontinental Exchange
ICE
$90.9B
| $10.1M | ﹤0.01% |
117,000
+40,600
| +53% | +$3.32M |
|
1862
PUT
Raymond James Financial
RJF
$34B
| $10M | ﹤0.01% |
178,200
-66,750
| -27% | -$3.8M |
|
1863
CALL
Scotiabank
BNS
$114B
| $10M | ﹤0.01% |
184,400
-72,000
| -28% | -$3.85M |
|
1864
iShare MSCI Eurozone ETF
EZU
$9.95B
| $10M | ﹤0.01% |
+253,377
| New | +$9.98M |
|
1865
PUT
Acuity Brands
AYI
$10.2B
| $10M | ﹤0.01% |
72,500
-27,300
| -27% | -$3.75M |
|
1866
CALL
Tapestry
TPR
$26B
| $9.99M | ﹤0.01% |
315,000
-4,100
| -1% | -$128K |
|
1867
PUT
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $9.99M | ﹤0.01% |
271,100
-6,300
| -2% | -$231K |
|
1868
PUT
argenx
ARGX
$65.5B
| $9.98M | ﹤0.01% |
70,500
+48,500
| +220% | +$6.16M |
|
|
AMTD
1869
DELISTED
TD Ameritrade Holding Corp
AMTD
| $9.96M | ﹤0.01% |
+199,610
| New | +$10.3M |
|
|
BID
1870
PUT
DELISTED
Sotheby's
BID
| $9.96M | ﹤0.01% |
171,400
+131,200
| +326% | +$5.48M |
|
1871
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $9.96M | ﹤0.01% |
114,000
+12,900
| +13% | +$1.12M |
|
1872
CALL
Ollie's Bargain Outlet
OLLI
$4.49B
| $9.94M | ﹤0.01% |
114,100
+28,900
| +34% | +$2.73M |
|
|
FRC
1873
CALL
DELISTED
First Republic Bank
FRC
| $9.93M | ﹤0.01% |
101,700
+34,400
| +51% | +$3.46M |
|
1874
CALL
Cadence Design Systems
CDNS
$92.2B
| $9.93M | ﹤0.01% |
140,200
-39,900
| -22% | -$2.67M |
|
|
KYNB
1875
Kyntra Bio
KYNB
$32.8M
| $9.92M | ﹤0.01% |
8,782
+6,426
| +273% | +$7.03M |
|
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.