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 | |
|---|---|---|---|---|---|---|
1976
CALL
CMS Energy
CMS
$21.7B
| $8.99M | ﹤0.01% |
155,300
+91,200
| +142% | +$5.12M |
|
1977
Paycom
PAYC
$10.5B
| $8.99M | ﹤0.01% |
39,655
+35,540
| +864% | +$7.3M |
|
1978
iShares Core MSCI Total International Stock ETF
IXUS
$61B
| $8.99M | ﹤0.01% |
+153,271
| New | +$8.93M |
|
1979
Western Midstream Partners
WES
$20.1B
| $8.97M | ﹤0.01% |
+291,664
| New | +$8.99M |
|
1980
CALL
Carlyle Group
CG
$17.5B
| $8.95M | ﹤0.01% |
395,700
+292,500
| +283% | +$6.02M |
|
1981
CALL
Albemarle
ALB
$15.9B
| $8.94M | ﹤0.01% |
126,900
-5,800
| -4% | -$428K |
|
1982
CALL
Assured Guaranty
AGO
$3.34B
| $8.93M | ﹤0.01% |
212,100
-37,500
| -15% | -$1.65M |
|
1983
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.9M
| $8.9M | ﹤0.01% |
126,800
-91,600
| -42% | -$6.41M |
|
1984
PUT
Harley-Davidson
HOG
$2.9B
| $8.89M | ﹤0.01% |
248,100
-26,600
| -10% | -$967K |
|
|
BERY
1985
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $8.88M | ﹤0.01% |
183,932
-38,986
| -17% | -$1.88M |
|
1986
Tapestry
TPR
$26B
| $8.88M | ﹤0.01% |
279,791
+236,465
| +546% | +$7.37M |
|
1987
CALL
iShares MSCI India ETF
INDA
$6.64B
| $8.87M | ﹤0.01% |
251,200
-203,000
| -45% | -$7.14M |
|
1988
CALL
PRA Group
PRAA
$732M
| $8.87M | ﹤0.01% |
315,100
+8,000
| +3% | +$226K |
|
|
RESI
1989
PUT
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $8.86M | ﹤0.01% |
724,700
-327,100
| -31% | -$3.54M |
|
1990
CALL
iShares MSCI Turkey ETF
TUR
$223M
| $8.84M | ﹤0.01% |
370,900
+206,500
| +126% | +$4.74M |
|
|
SMAR
1991
CALL
DELISTED
Smartsheet Inc.
SMAR
| $8.82M | ﹤0.01% |
182,300
+39,400
| +28% | +$1.67M |
|
1992
PUT
Polaris
PII
$3.63B
| $8.82M | ﹤0.01% |
96,700
-61,600
| -39% | -$5.61M |
|
1993
CALL
Teck Resources
TECK
$34.9B
| $8.82M | ﹤0.01% |
382,500
-61,000
| -14% | -$1.37M |
|
1994
PUT
Editas Medicine
EDIT
$488M
| $8.81M | ﹤0.01% |
356,300
-52,300
| -13% | -$1.25M |
|
1995
CALL
Neurocrine Biosciences
NBIX
$15.9B
| $8.81M | ﹤0.01% |
104,400
-7,600
| -7% | -$624K |
|
1996
PUT
Eastman Chemical
EMN
$8.34B
| $8.79M | ﹤0.01% |
113,000
+19,500
| +21% | +$1.48M |
|
1997
iShares US Transportation ETF
IYT
$2.28B
| $8.79M | ﹤0.01% |
186,800
+177,532
| +1,916% | +$8.38M |
|
1998
Perrigo
PRGO
$2.05B
| $8.79M | ﹤0.01% |
184,532
+179,132
| +3,317% | +$8.53M |
|
|
LNW
1999
PUT
DELISTED
Light & Wonder
LNW
| $8.78M | ﹤0.01% |
442,900
+28,700
| +7% | +$594K |
|
2000
PUT
Visteon
VC
$2.77B
| $8.78M | ﹤0.01% |
149,800
+11,200
| +8% | +$684K |
|
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.