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 | |
|---|---|---|---|---|---|---|
2026
PUT
Supernus Pharmaceuticals
SUPN
$2.61B
| $7.36M | ﹤0.01% |
210,100
+75,700
| +56% | +$2.82M |
|
|
NLSN
2027
DELISTED
Nielsen Holdings plc
NLSN
| $7.33M | ﹤0.01% |
309,656
-105,151
| -25% | -$2.72M |
|
2028
PUT
Direxion Daily FTSE China Bull 3X ETF
YINN
$675M
| $7.32M | ﹤0.01% |
15,145
+4,640
| +44% | +$2.06M |
|
2029
CALL
Icahn Enterprises
IEP
$4.84B
| $7.32M | ﹤0.01% |
101,000
+48,300
| +92% | +$3.37M |
|
2030
PUT
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$25.9M
| $7.3M | ﹤0.01% |
37
-4
| -10% | -$824K |
|
2031
Madrigal Pharmaceuticals
MDGL
$12.5B
| $7.3M | ﹤0.01% |
58,283
+45,008
| +339% | +$5.59M |
|
2032
CALL
Innovative Industrial Properties
IIPR
$1.57B
| $7.29M | ﹤0.01% |
+89,300
| New | +$6.04M |
|
2033
CALL
Community Health Systems
CYH
$412M
| $7.28M | ﹤0.01% |
1,952,000
+830,500
| +74% | +$3.41M |
|
2034
CALL
Ollie's Bargain Outlet
OLLI
$4.49B
| $7.27M | ﹤0.01% |
85,200
+55,800
| +190% | +$4.5M |
|
2035
Vodafone
VOD
$36.8B
| $7.26M | ﹤0.01% |
399,349
+283,550
| +245% | +$5.26M |
|
|
CLVS
2036
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $7.26M | ﹤0.01% |
292,400
-537,300
| -65% | -$13.5M |
|
2037
PUT
Helen of Troy
HELE
$679M
| $7.25M | ﹤0.01% |
62,500
+22,000
| +54% | +$2.54M |
|
2038
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.39B
| $7.24M | ﹤0.01% |
360,776
+46,519
| +15% | +$879K |
|
|
ACIA
2039
PUT
DELISTED
Acacia Communications Inc
ACIA
| $7.24M | ﹤0.01% |
126,300
+30,400
| +32% | +$1.45M |
|
|
ZUO
2040
PUT
DELISTED
Zuora, Inc.
ZUO
| $7.24M | ﹤0.01% |
361,400
+113,100
| +46% | +$2.44M |
|
|
GWPH
2041
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $7.24M | ﹤0.01% |
42,929
-283,645
| -87% | -$42.2M |
|
2042
Annaly Capital Management
NLY
$17.2B
| $7.23M | ﹤0.01% |
181,006
-6,354
| -3% | -$259K |
|
|
LL
2043
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $7.23M | ﹤0.01% |
716,000
+485,100
| +210% | +$5.38M |
|
2044
Galicia Financial Group
GGAL
$7.05B
| $7.22M | ﹤0.01% |
+282,821
| New | +$8.86M |
|
2045
CALL
Tyler Technologies
TYL
$14.4B
| $7.21M | ﹤0.01% |
35,300
+13,000
| +58% | +$2.57M |
|
2046
PUT
iShares MSCI Turkey ETF
TUR
$223M
| $7.2M | ﹤0.01% |
296,700
-787,800
| -73% | -$21M |
|
|
PVG
2047
DELISTED
PRETIUM RESOURCES INC.
PVG
| $7.19M | ﹤0.01% |
840,306
-1,486,260
| -64% | -$11.8M |
|
2048
CSX Corp
CSX
$95.9B
| $7.18M | ﹤0.01% |
+287,718
| New | +$6.66M |
|
2049
CALL
Cedar Fair
FUN
$1.65B
| $7.17M | ﹤0.01% |
136,300
+64,700
| +90% | +$3.45M |
|
|
BPL
2050
PUT
DELISTED
Buckeye Partners, L.P.
BPL
| $7.16M | ﹤0.01% |
210,400
-177,000
| -46% | -$5.72M |
|
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.