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 | |
|---|---|---|---|---|---|---|
|
FRC
2101
CALL
DELISTED
First Republic Bank
FRC
| $6.76M | ﹤0.01% |
67,300
-36,700
| -35% | -$3.61M |
|
2102
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$675M
| $6.76M | ﹤0.01% |
13,970
+2,590
| +23% | +$1.15M |
|
2103
Melco Resorts & Entertainment
MLCO
$2.06B
| $6.75M | ﹤0.01% |
298,644
-326,939
| -52% | -$7.1M |
|
2104
PUT
iShares MSCI Europe Financials ETF
EUFN
$4.36B
| $6.74M | ﹤0.01% |
371,300
+319,000
| +610% | +$5.79M |
|
2105
Descartes Systems
DSGX
$6.64B
| $6.74M | ﹤0.01% |
472,380
-50,606
| -10% | -$1.64M |
|
|
CIM
2106
CALL
Chimera Investment
CIM
$961M
| $6.74M | ﹤0.01% |
119,800
+59,900
| +100% | +$3.37M |
|
2107
PUT
PetMed Express
PETS
$38.8M
| $6.72M | ﹤0.01% |
295,100
+177,500
| +151% | +$4M |
|
2108
CALL
ArcelorMittal
MT
$56.2B
| $6.72M | ﹤0.01% |
329,700
-340,300
| -51% | -$7.54M |
|
|
FRC
2109
PUT
DELISTED
First Republic Bank
FRC
| $6.71M | ﹤0.01% |
66,800
+32,500
| +95% | +$3.2M |
|
|
TMX
2110
CALL
DELISTED
Terminix Global Holdings, Inc.
TMX
| $6.7M | ﹤0.01% |
143,500
+122,500
| +583% | +$5.12M |
|
|
SMAR
2111
PUT
DELISTED
Smartsheet Inc.
SMAR
| $6.7M | ﹤0.01% |
164,200
+155,600
| +1,809% | +$5.38M |
|
2112
CALL
LiveRamp
RAMP
$2.29B
| $6.7M | ﹤0.01% |
122,700
-223,200
| -65% | -$11.1M |
|
2113
PUT
Plains All American Pipeline
PAA
$18.1B
| $6.68M | ﹤0.01% |
272,600
+57,800
| +27% | +$1.37M |
|
|
GPOR
2114
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $6.68M | ﹤0.01% |
833,000
-23,300
| -3% | -$186K |
|
2115
Home Depot
HD
$334B
| $6.67M | ﹤0.01% |
+34,767
| New | +$6.38M |
|
2116
PUT
Pool Corp
POOL
$6.85B
| $6.67M | ﹤0.01% |
40,400
-4,800
| -11% | -$745K |
|
2117
DaVita
DVA
$11.5B
| $6.65M | ﹤0.01% |
+122,544
| New | +$6.78M |
|
2118
PUT
Urban Outfitters
URBN
$7.1B
| $6.65M | ﹤0.01% |
224,300
+97,300
| +77% | +$3M |
|
|
ITCI
2119
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $6.65M | ﹤0.01% |
545,700
-212,400
| -28% | -$2.71M |
|
2120
CALL
MasTec
MTZ
$20B
| $6.64M | ﹤0.01% |
138,100
+98,000
| +244% | +$4.4M |
|
2121
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$761M
| $6.64M | ﹤0.01% |
4,919
-847
| -15% | -$1.38M |
|
2122
CALL
Ameriprise Financial
AMP
$49.5B
| $6.64M | ﹤0.01% |
51,800
+1,200
| +2% | +$149K |
|
2123
PUT
Yum China
YUMC
$16.1B
| $6.62M | ﹤0.01% |
147,500
-96,600
| -40% | -$3.8M |
|
2124
CALL
Chegg
CHGG
$87.7M
| $6.62M | ﹤0.01% |
173,700
-63,600
| -27% | -$2.32M |
|
|
RETA
2125
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $6.62M | ﹤0.01% |
77,400
+51,600
| +200% | +$4.28M |
|
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's Q1 2019 filing shows 1,860 new, 3,498 increased, 3,278 reduced and 1,970 closed positions. Its largest new stake was iShares China Large-Cap ETF: 4,340,587 shares worth $192M. The largest sale was Apple, an estimated $2.65B.
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.
- 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.