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 | |
|---|---|---|---|---|---|---|
|
LOGM
1926
CALL
DELISTED
LogMein, Inc.
LOGM
| $9.38M | ﹤0.01% |
127,300
+8,900
| +8% | +$688K |
|
1927
PUT
Quest Diagnostics
DGX
$27B
| $9.37M | ﹤0.01% |
92,000
-55,300
| -38% | -$5.31M |
|
|
SC
1928
CALL
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $9.37M | ﹤0.01% |
390,900
+206,200
| +112% | +$4.59M |
|
1929
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $9.36M | ﹤0.01% |
81,300
+28,400
| +54% | +$3.19M |
|
1930
CALL
Idexx Laboratories
IDXX
$43.6B
| $9.36M | ﹤0.01% |
34,000
-27,200
| -44% | -$6.7M |
|
|
ARNA
1931
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $9.36M | ﹤0.01% |
159,595
+115,923
| +265% | +$5.99M |
|
|
LM
1932
PUT
DELISTED
Legg Mason, Inc.
LM
| $9.33M | ﹤0.01% |
243,800
-68,400
| -22% | -$2.36M |
|
1933
Prospect Capital
PSEC
$1.18B
| $9.33M | ﹤0.01% |
1,428,300
+713,411
| +100% | +$4.72M |
|
1934
PUT
Brighthouse Financial
BHF
$3.02B
| $9.32M | ﹤0.01% |
253,900
+19,200
| +8% | +$742K |
|
|
KL
1935
CALL
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $9.31M | ﹤0.01% |
217,000
-10,800
| -5% | -$375K |
|
1936
CALL
EPAM Systems
EPAM
$5.64B
| $9.31M | ﹤0.01% |
53,800
+24,000
| +81% | +$4.13M |
|
1937
PUT
Arrowhead Research
ARWR
$12.6B
| $9.3M | ﹤0.01% |
351,100
+15,000
| +4% | +$329K |
|
1938
PUT
Invesco
IVZ
$14.6B
| $9.3M | ﹤0.01% |
454,500
+16,800
| +4% | +$349K |
|
|
SMAR
1939
PUT
DELISTED
Smartsheet Inc.
SMAR
| $9.3M | ﹤0.01% |
192,100
+27,900
| +17% | +$1.19M |
|
1940
PUT
iShares US Aerospace & Defense ETF
ITA
$14.2B
| $9.3M | ﹤0.01% |
86,800
-5,200
| -6% | -$539K |
|
1941
Neurocrine Biosciences
NBIX
$15.9B
| $9.29M | ﹤0.01% |
110,087
-3,890
| -3% | -$319K |
|
1942
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$170M
| $9.29M | ﹤0.01% |
119,000
-29,700
| -20% | -$2.27M |
|
1943
CALL
Huntsman Corp
HUN
$1.69B
| $9.28M | ﹤0.01% |
453,900
-165,000
| -27% | -$3.46M |
|
|
BREW
1944
CALL
DELISTED
Craft Brew Alliance, Inc.
BREW
| $9.27M | ﹤0.01% |
662,900
+124,400
| +23% | +$1.78M |
|
1945
MarketAxess Holdings
MKTX
$5.72B
| $9.27M | ﹤0.01% |
28,848
+20,913
| +264% | +$6.05M |
|
1946
CALL
Insulet
PODD
$9.94B
| $9.26M | ﹤0.01% |
77,600
-53,200
| -41% | -$5.45M |
|
1947
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $9.26M | ﹤0.01% |
122,900
+43,600
| +55% | +$3.22M |
|
1948
Teck Resources
TECK
$34.9B
| $9.26M | ﹤0.01% |
401,386
+123,377
| +44% | +$2.77M |
|
1949
CALL
Olin
OLN
$2B
| $9.24M | ﹤0.01% |
421,900
+160,300
| +61% | +$3.57M |
|
1950
PUT
AGNC Investment
AGNC
$12.8B
| $9.24M | ﹤0.01% |
549,500
+139,600
| +34% | +$2.43M |
|
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 $17.9B 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.