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 | Miscellaneous | 92.32% |
| 2 | Technology | 1.44% |
| 3 | Communication Services | 1.2% |
| 4 | Consumer Discretionary | 1.2% |
| 5 | Financials | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
CALL
MSCI
MSCI
$41.3B
| $8.33M | ﹤0.01% |
41,900
+12,800
| +44% | +$2.23M |
|
1902
CALL
Ashland
ASH
$3.39B
| $8.33M | ﹤0.01% |
106,600
+66,200
| +164% | +$5.1M |
|
1903
PUT
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $8.33M | ﹤0.01% |
317,700
-25,700
| -7% | -$640K |
|
1904
CALL
Keysight
KEYS
$55.6B
| $8.31M | ﹤0.01% |
95,300
-44,200
| -32% | -$3.43M |
|
1905
Lear
LEA
$8.21B
| $8.3M | ﹤0.01% |
61,182
-27,605
| -31% | -$4.05M |
|
|
MNK
1906
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $8.28M | ﹤0.01% |
380,700
-96,000
| -20% | -$2.05M |
|
1907
ProShares Ultra Bloomberg Crude Oil
UCO
$388M
| $8.27M | ﹤0.01% |
+61,440
| New | +$7.11M |
|
|
IDTI
1908
DELISTED
Integrated Device Technology I
IDTI
| $8.26M | ﹤0.01% |
168,673
+161,963
| +2,414% | +$7.84M |
|
1909
CALL
Unilever
UL
$139B
| $8.26M | ﹤0.01% |
127,200
+16,178
| +15% | +$985K |
|
1910
State Street Energy Select Sector SPDR ETF
XLE
$41B
| $8.24M | ﹤0.01% |
249,364
-1,221,610
| -83% | -$39.2M |
|
1911
CALL
Teladoc Health
TDOC
$1.16B
| $8.24M | ﹤0.01% |
148,200
-38,800
| -21% | -$2.37M |
|
1912
PUT
Agios Pharmaceuticals
AGIO
$2.05B
| $8.23M | ﹤0.01% |
122,100
-8,400
| -6% | -$489K |
|
1913
CALL
PRA Group
PRAA
$726M
| $8.23M | ﹤0.01% |
307,100
-1,500
| -0.5% | -$43.4K |
|
1914
CALL
iShares Russell 1000 Value ETF
IWD
$84B
| $8.22M | ﹤0.01% |
66,600
+2,700
| +4% | +$324K |
|
1915
PUT
CBRE Group
CBRE
$42.6B
| $8.22M | ﹤0.01% |
166,200
+105,700
| +175% | +$4.96M |
|
|
KEM
1916
PUT
DELISTED
KEMET Corporation
KEM
| $8.21M | ﹤0.01% |
483,900
+393,700
| +436% | +$7.24M |
|
|
I
1917
PUT
DELISTED
INTELSAT S. A.
I
| $8.21M | ﹤0.01% |
524,300
-54,200
| -9% | -$1.15M |
|
1918
CALL
Interactive Brokers
IBKR
$43.7B
| $8.19M | ﹤0.01% |
631,600
+229,600
| +57% | +$3.02M |
|
1919
ConocoPhillips
COP
$156B
| $8.16M | ﹤0.01% |
+122,251
| New | +$8.22M |
|
1920
PUT
Banco Macro
BMA
$4.89B
| $8.14M | ﹤0.01% |
177,900
+99,700
| +127% | +$5.13M |
|
|
SBNY
1921
CALL
DELISTED
Signature Bank
SBNY
| $8.13M | ﹤0.01% |
63,500
+54,300
| +590% | +$6.91M |
|
|
AXON
1922
PUT
Axon Enterprise
AXON
$49.7B
| $8.12M | ﹤0.01% |
149,300
-54,200
| -27% | -$2.78M |
|
1923
PUT
Dave & Buster's
PLAY
$320M
| $8.12M | ﹤0.01% |
162,800
+68,200
| +72% | +$3.35M |
|
1924
PUT
Alerian MLP ETF
AMLP
$13.4B
| $8.12M | ﹤0.01% |
161,820
+840
| +0.5% | +$41.2K |
|
|
HA
1925
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.09M | ﹤0.01% |
308,300
+254,000
| +468% | +$7.37M |
|
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's Q1 2019 filing shows 1,860 new, 3,498 increased, 3,278 reduced and 1,970 closed positions. Its largest new stake was iShares China Large-Cap ETF: 4,340,587 shares worth $192M. The largest sale was Apple, an estimated $2.65B.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, down from 93% a quarter earlier, followed by Technology and Communication Services.
- 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.