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 | Miscellaneous | 89.12% |
| 2 | Technology | 2.44% |
| 3 | Consumer Discretionary | 1.83% |
| 4 | Communication Services | 1.72% |
| 5 | Financials | 1.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SNV
2026
PUT
DELISTED
Synovus
SNV
| $8.57M | ﹤0.01% |
245,000
+21,800
| +10% | +$758K |
|
2027
PUT
Nokia
NOK
$58.5B
| $8.57M | ﹤0.01% |
1,710,900
+1,056,700
| +162% | +$5.56M |
|
2028
Equity Lifestyle Properties
ELS
$12.5B
| $8.56M | ﹤0.01% |
+141,158
| New | +$8.36M |
|
|
SLCA
2029
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $8.56M | ﹤0.01% |
669,563
+307,526
| +85% | +$4.19M |
|
|
MDSO
2030
CALL
DELISTED
Medidata Solutions, Inc.
MDSO
| $8.56M | ﹤0.01% |
94,600
+83,500
| +752% | +$7.33M |
|
2031
Delek US
DK
$4.23B
| $8.55M | ﹤0.01% |
211,121
+23,424
| +12% | +$857K |
|
|
PBCT
2032
CALL
DELISTED
People's United Financial Inc
PBCT
| $8.55M | ﹤0.01% |
509,700
+310,300
| +156% | +$5.15M |
|
2033
PUT
Yum China
YUMC
$15.4B
| $8.54M | ﹤0.01% |
184,900
+37,400
| +25% | +$1.62M |
|
2034
PUT
Consolidated Edison
ED
$39.4B
| $8.54M | ﹤0.01% |
97,400
+16,500
| +20% | +$1.42M |
|
|
SPR
2035
CALL
DELISTED
Spirit AeroSystems
SPR
| $8.52M | ﹤0.01% |
104,700
-21,800
| -17% | -$1.84M |
|
|
ESPR
2036
PUT
DELISTED
Esperion Therapeutics
ESPR
| $8.52M | ﹤0.01% |
183,100
-134,800
| -42% | -$6.33M |
|
2037
iShares MSCI Japan ETF
EWJ
$22.6B
| $8.52M | ﹤0.01% |
156,016
+149,114
| +2,160% | +$8.11M |
|
2038
Ascendis Pharma A/S
ASND
$16.4B
| $8.5M | ﹤0.01% |
+73,847
| New | +$8.84M |
|
2039
PUT
Amphenol
APH
$199B
| $8.5M | ﹤0.01% |
354,400
+340,400
| +2,431% | +$8.19M |
|
2040
PUT
Golar LNG
GLNG
$5.23B
| $8.49M | ﹤0.01% |
459,400
-55,900
| -11% | -$1.06M |
|
2041
CALL
Citizens Financial Group
CFG
$29.5B
| $8.49M | ﹤0.01% |
240,000
-87,300
| -27% | -$3.04M |
|
2042
Regions Financial
RF
$25.9B
| $8.48M | ﹤0.01% |
+567,414
| New | +$8.38M |
|
2043
PUT
Rapid7
RPD
$902M
| $8.47M | ﹤0.01% |
146,500
+99,800
| +214% | +$5.25M |
|
2044
Liberty Global Class A
LBTYA
$3.64B
| $8.47M | ﹤0.01% |
313,827
+226,676
| +260% | +$5.98M |
|
2045
PUT
Ross Stores
ROST
$74.6B
| $8.46M | ﹤0.01% |
85,400
-14,500
| -15% | -$1.41M |
|
2046
PUT
Rithm Capital
RITM
$5.63B
| $8.46M | ﹤0.01% |
549,700
-187,000
| -25% | -$3.05M |
|
2047
PUT
Pan American Silver
PAAS
$22.4B
| $8.45M | ﹤0.01% |
654,400
+87,800
| +15% | +$1.06M |
|
2048
CALL
Cintas
CTAS
$81.7B
| $8.45M | ﹤0.01% |
142,400
+77,200
| +118% | +$4.27M |
|
|
SAFM
2049
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $8.44M | ﹤0.01% |
61,800
-36,800
| -37% | -$5.22M |
|
2050
Stanley Black & Decker
SWK
$15.1B
| $8.38M | ﹤0.01% |
+57,954
| New | +$8.17M |
|
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 Miscellaneous at 89% of assets, down from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
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.