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 | |
|---|---|---|---|---|---|---|
|
NVRO
2001
PUT
DELISTED
NEVRO CORP.
NVRO
| $8.76M | ﹤0.01% |
135,100
+72,300
| +115% | +$4.5M |
|
|
AVYA
2002
CALL
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $8.75M | ﹤0.01% |
734,600
+715,800
| +3,807% | +$10.9M |
|
2003
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$170M
| $8.75M | ﹤0.01% |
112,000
-178,300
| -61% | -$13.6M |
|
2004
PUT
iShares MSCI Canada ETF
EWC
$6.91B
| $8.73M | ﹤0.01% |
304,900
+206,100
| +209% | +$5.81M |
|
2005
CALL
Generac Holdings
GNRC
$12.2B
| $8.72M | ﹤0.01% |
125,700
+63,100
| +101% | +$3.69M |
|
2006
CALL
Henry Schein
HSIC
$10.1B
| $8.7M | ﹤0.01% |
124,500
+27,700
| +29% | +$1.83M |
|
2007
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.7B
| $8.7M | ﹤0.01% |
176,800
-27,600
| -14% | -$1.34M |
|
2008
PUT
Shake Shack
SHAK
$2.95B
| $8.7M | ﹤0.01% |
120,500
+16,400
| +16% | +$1.01M |
|
2009
CALL
Arthur J. Gallagher & Co
AJG
$67.9B
| $8.69M | ﹤0.01% |
99,200
-58,700
| -37% | -$4.9M |
|
2010
Dollar Tree
DLTR
$25.4B
| $8.69M | ﹤0.01% |
+80,866
| New | +$8.51M |
|
|
BLD
2011
CALL
DELISTED
TopBuild
BLD
| $8.67M | ﹤0.01% |
104,800
-33,400
| -24% | -$2.55M |
|
2012
KeyCorp
KEY
$23.6B
| $8.67M | ﹤0.01% |
+488,567
| New | +$8.26M |
|
2013
PUT
Extreme Networks
EXTR
$2.98B
| $8.67M | ﹤0.01% |
1,340,200
+1,223,800
| +1,051% | +$8.08M |
|
2014
Burlington
BURL
$19.8B
| $8.66M | ﹤0.01% |
50,911
+37,698
| +285% | +$6.16M |
|
2015
PUT
AerCap
AER
$23.6B
| $8.65M | ﹤0.01% |
166,400
+2,300
| +1% | +$113K |
|
2016
iShares Floating Rate Bond ETF
FLOT
$10.6B
| $8.65M | ﹤0.01% |
169,832
+94,485
| +125% | +$4.81M |
|
2017
PUT
MarketAxess Holdings
MKTX
$5.72B
| $8.65M | ﹤0.01% |
26,900
+3,700
| +16% | +$1.07M |
|
2018
CALL
Visteon
VC
$2.77B
| $8.64M | ﹤0.01% |
147,500
-11,600
| -7% | -$708K |
|
2019
CALL
Ryder
R
$9.57B
| $8.62M | ﹤0.01% |
147,900
-3,100
| -2% | -$184K |
|
|
DISCK
2020
CALL
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $8.62M | ﹤0.01% |
303,000
+90,900
| +43% | +$2.47M |
|
2021
Tradeweb Markets
TW
$22.7B
| $8.61M | ﹤0.01% |
+196,535
| New | +$8.2M |
|
2022
CRISPR Therapeutics
CRSP
$5.73B
| $8.59M | ﹤0.01% |
182,447
-9,211
| -5% | -$368K |
|
2023
ProShares Short VIX Short-Term Futures ETF
SVXY
$247M
| $8.58M | ﹤0.01% |
318,590
-2,210,706
| -87% | -$58.5M |
|
2024
Weibo
WB
$1.73B
| $8.58M | ﹤0.01% |
197,025
+154,789
| +366% | +$8.68M |
|
2025
Axalta
AXTA
$7.84B
| $8.58M | ﹤0.01% |
288,127
-82,333
| -22% | -$2.18M |
|
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.