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 | |
|---|---|---|---|---|---|---|
201
PUT
Wynn Resorts
WYNN
$10.3B
| $226M | 0.08% |
1,826,100
-342,400
| -16% | -$44M |
|
|
XLNX
202
PUT
DELISTED
Xilinx Inc
XLNX
| $225M | 0.08% |
1,907,700
+612,800
| +47% | +$71.4M |
|
203
PUT
Verizon
VZ
$205B
| $225M | 0.08% |
3,930,000
+1,272,400
| +48% | +$73.3M |
|
204
PUT
Trade Desk
TTD
$6.19B
| $218M | 0.08% |
9,561,000
+1,457,000
| +18% | +$31.3M |
|
205
CALL
Twilio
TWLO
$34.6B
| $218M | 0.08% |
1,597,200
+82,700
| +5% | +$11M |
|
206
PUT
Blackrock
BLK
$179B
| $217M | 0.08% |
462,600
-28,700
| -6% | -$13M |
|
207
PUT
DXC Technology
DXC
$1.73B
| $216M | 0.08% |
3,921,600
+3,469,300
| +767% | +$201M |
|
208
CALL
CVS Health
CVS
$119B
| $215M | 0.08% |
3,949,200
+953,100
| +32% | +$51.3M |
|
209
CALL
Union Pacific
UNP
$183B
| $211M | 0.08% |
1,249,600
-709,600
| -36% | -$122M |
|
210
CALL
JD.com
JD
$39.7B
| $211M | 0.08% |
6,959,800
-1,314,900
| -16% | -$37.8M |
|
211
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $210M | 0.08% |
126,313
+40,941
| +48% | +$72.6M |
|
|
XYZ
212
Block Inc
XYZ
$49.4B
| $210M | 0.08% |
2,890,352
-111,739
| -4% | -$7.81M |
|
213
PUT
Roku
ROKU
$23.4B
| $209M | 0.08% |
2,305,000
-812,800
| -26% | -$65.2M |
|
214
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$665M
| $207M | 0.08% |
344,810
+313,094
| +987% | +$132M |
|
215
CALL
Wells Fargo
WFC
$254B
| $205M | 0.07% |
4,328,700
-1,527,100
| -26% | -$71.4M |
|
216
iShares MSCI Brazil ETF
EWZ
$8.52B
| $203M | 0.07% |
+4,636,072
| New | +$191M |
|
217
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $202M | 0.07% |
2,315,300
+485,600
| +27% | +$42.5M |
|
218
Workday
WDAY
$49.4B
| $202M | 0.07% |
982,692
+320,975
| +49% | +$64.8M |
|
219
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $201M | 0.07% |
2,555
+98
| +4% | +$8.64M |
|
220
PUT
ExxonMobil
XOM
$679B
| $199M | 0.07% |
2,600,300
+569,200
| +28% | +$44.1M |
|
221
PUT
Target
TGT
$75.1B
| $199M | 0.07% |
2,292,700
+558,700
| +32% | +$45.1M |
|
222
PUT
Constellation Brands
STZ
$23.2B
| $197M | 0.07% |
1,002,200
+213,800
| +27% | +$41.7M |
|
223
CALL
Lowe's Companies
LOW
$121B
| $197M | 0.07% |
1,949,200
+35,100
| +2% | +$3.7M |
|
|
224
CALL
Trade Desk
TTD
$6.19B
| $196M | 0.07% |
8,603,000
+2,133,000
| +33% | +$45.8M |
|
225
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $196M | 0.07% |
7,092,838
+5,850,206
| +471% | +$158M |
|
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 $25.4B 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.