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 | |
|---|---|---|---|---|---|---|
1876
PUT
Brighthouse Financial
BHF
$3.05B
| $8.52M | ﹤0.01% |
234,700
-89,300
| -28% | -$3.35M |
|
1877
CALL
Ultragenyx Pharmaceutical
RARE
$2.59B
| $8.5M | ﹤0.01% |
122,600
+94,900
| +343% | +$5.42M |
|
|
CHAP
1878
DELISTED
Chaparral Energy, Inc.
CHAP
| $8.49M | ﹤0.01% |
1,489,137
-211,716
| -12% | -$1.4M |
|
1879
PUT
Cameco
CCJ
$46.8B
| $8.47M | ﹤0.01% |
718,700
-51,200
| -7% | -$615K |
|
1880
PUT
YPF Sociedad Anonima ADS
YPF
$19.8B
| $8.47M | ﹤0.01% |
604,700
-120,900
| -17% | -$1.77M |
|
1881
Teladoc Health
TDOC
$1.14B
| $8.46M | ﹤0.01% |
152,255
-46,456
| -23% | -$2.84M |
|
1882
PUT
Xerox
XRX
$391M
| $8.46M | ﹤0.01% |
264,500
-410,300
| -61% | -$11.6M |
|
|
LNW
1883
PUT
DELISTED
Light & Wonder
LNW
| $8.46M | ﹤0.01% |
414,200
+78,000
| +23% | +$1.86M |
|
1884
PUT
Invesco
IVZ
$14.6B
| $8.45M | ﹤0.01% |
437,700
-44,300
| -9% | -$828K |
|
|
LOGM
1885
PUT
DELISTED
LogMein, Inc.
LOGM
| $8.45M | ﹤0.01% |
105,500
+45,000
| +74% | +$3.84M |
|
1886
CALL
Mattel
MAT
$4.35B
| $8.45M | ﹤0.01% |
649,700
+227,300
| +54% | +$3.04M |
|
1887
CALL
SBA Communications
SBAC
$19.9B
| $8.45M | ﹤0.01% |
42,300
+12,200
| +41% | +$2.21M |
|
1888
PUT
Canadian Solar
CSIQ
$934M
| $8.44M | ﹤0.01% |
453,000
-387,200
| -46% | -$7.96M |
|
|
BPL
1889
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $8.44M | ﹤0.01% |
248,000
+300
| +0.1% | +$9.7K |
|
1890
CALL
Range Resources
RRC
$9.78B
| $8.41M | ﹤0.01% |
748,700
-61,500
| -8% | -$667K |
|
|
DOCU
1891
DocuSign
DOCU
$11.4B
| $8.4M | ﹤0.01% |
162,136
+154,389
| +1,993% | +$7.88M |
|
1892
CALL
Helen of Troy
HELE
$670M
| $8.38M | ﹤0.01% |
72,300
+39,300
| +119% | +$4.53M |
|
1893
CALL
Waters Corp
WAT
$41B
| $8.38M | ﹤0.01% |
33,300
+15,300
| +85% | +$3.49M |
|
1894
CALL
HP
HPQ
$27.1B
| $8.36M | ﹤0.01% |
430,100
-130,300
| -23% | -$2.76M |
|
1895
Hain Celestial
HAIN
$72.1M
| $8.35M | ﹤0.01% |
361,023
+344,396
| +2,071% | +$6.64M |
|
1896
CALL
Under Armour Class C
UA
$2.16B
| $8.35M | ﹤0.01% |
442,300
-110,700
| -20% | -$2.09M |
|
1897
Sprott Physical Gold and Silver Trust
CEF
$8.23B
| $8.35M | ﹤0.01% |
672,924
-98,609
| -13% | -$1.26M |
|
1898
PUT
Ovintiv
OVV
$18B
| $8.34M | ﹤0.01% |
230,260
+8,320
| +4% | +$285K |
|
1899
CALL
Jazz Pharmaceuticals
JAZZ
$16.7B
| $8.33M | ﹤0.01% |
58,300
+33,500
| +135% | +$4.37M |
|
|
NVEE
1900
PUT
DELISTED
NV5 Global
NVEE
| $8.33M | ﹤0.01% |
+561,600
| New | +$9.67M |
|
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.