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 | Miscellaneous | 92.32% |
| 2 | Technology | 1.44% |
| 3 | Communication Services | 1.2% |
| 4 | Consumer Discretionary | 1.2% |
| 5 | Financials | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TBCH
2401
PUT
Turtle Beach Corp
TBCH
$231M
| $5.11M | ﹤0.01% |
450,000
+105,800
| +31% | +$1.59M |
|
2402
PUT
Fox Class A
FOXA
$28.9B
| $5.11M | ﹤0.01% |
+139,200
| New | +$5.42M |
|
2403
CALL
Sinclair Inc
SBGI
$1.03B
| $5.11M | ﹤0.01% |
132,800
-267,000
| -67% | -$8.94M |
|
2404
CALL
Boyd Gaming
BYD
$5.77B
| $5.11M | ﹤0.01% |
186,700
-168,600
| -47% | -$4.6M |
|
2405
CALL
Fair Isaac
FICO
$25.3B
| $5.11M | ﹤0.01% |
18,800
+15,800
| +527% | +$3.71M |
|
|
CIT
2406
PUT
DELISTED
CIT Group Inc.
CIT
| $5.1M | ﹤0.01% |
106,400
-28,200
| -21% | -$1.33M |
|
2407
Vanguard FTSE Europe ETF
VGK
$31B
| $5.08M | ﹤0.01% |
94,854
+62,625
| +194% | +$3.27M |
|
2408
IPG Photonics
IPGP
$3.26B
| $5.08M | ﹤0.01% |
+33,490
| New | +$4.74M |
|
2409
CALL
Upbound Group
UPBD
$1.12B
| $5.08M | ﹤0.01% |
243,500
+35,800
| +17% | +$660K |
|
|
CVGW
2410
CALL
DELISTED
Calavo Growers
CVGW
| $5.08M | ﹤0.01% |
60,600
+16,000
| +36% | +$1.3M |
|
|
MDR
2411
PUT
DELISTED
McDermott International
MDR
| $5.08M | ﹤0.01% |
682,500
+318,400
| +87% | +$2.62M |
|
2412
PUT
Texas Capital Bancshares
TCBI
$4.25B
| $5.08M | ﹤0.01% |
93,000
+26,000
| +39% | +$1.51M |
|
|
NLSN
2413
CALL
DELISTED
Nielsen Holdings plc
NLSN
| $5.08M | ﹤0.01% |
214,500
-701,600
| -77% | -$18.2M |
|
2414
PUT
Southern Copper
SCCO
$185B
| $5.08M | ﹤0.01% |
139,623
+9,170
| +7% | +$289K |
|
|
OAK
2415
PUT
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $5.07M | ﹤0.01% |
102,200
-22,800
| -18% | -$990K |
|
|
WPX
2416
CALL
DELISTED
WPX Energy, Inc.
WPX
| $5.07M | ﹤0.01% |
386,800
+44,000
| +13% | +$552K |
|
2417
CALL
Shutterstock
SSTK
$204M
| $5.07M | ﹤0.01% |
108,700
+38,300
| +54% | +$1.62M |
|
2418
PUT
Protolabs
PRLB
$1.92B
| $5.07M | ﹤0.01% |
48,200
+26,200
| +119% | +$2.94M |
|
|
ROCC
2419
CALL
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $5.06M | ﹤0.01% |
114,800
+3,400
| +3% | +$182K |
|
2420
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6.14B
| $5.06M | ﹤0.01% |
180,422
+172,548
| +2,191% | +$4.72M |
|
|
CY
2421
DELISTED
Cypress Semiconductor
CY
| $5.06M | ﹤0.01% |
339,112
-516,523
| -60% | -$7.49M |
|
2422
CALL
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
ASHS
$34.7M
| $5.06M | ﹤0.01% |
167,700
+156,000
| +1,333% | +$4.06M |
|
2423
PUT
Copa Holdings
CPA
$5.95B
| $5.05M | ﹤0.01% |
62,600
+41,200
| +193% | +$3.62M |
|
2424
CALL
EPAM Systems
EPAM
$5.88B
| $5.04M | ﹤0.01% |
29,800
+8,900
| +43% | +$1.33M |
|
|
HA
2425
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $5.04M | ﹤0.01% |
191,800
+92,800
| +94% | +$2.69M |
|
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 Miscellaneous at 92% of assets, down from 93% a quarter earlier, followed by Technology and Communication Services.
- 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.