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 |
Amazon
AMZN
|
+$1.34B |
| 2 |
Meta Platforms (Facebook)
META
|
+$684M |
| 3 |
Tesla
TSLA
|
+$290M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$282M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$223M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$948M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$575M |
| 3 |
Walt Disney
DIS
|
+$382M |
| 4 |
Boeing
BA
|
+$335M |
| 5 |
Apple
AAPL
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.71% |
| 2 | Technology | 1.31% |
| 3 | Communication Services | 1.07% |
| 4 | Financials | 0.9% |
| 5 | Healthcare | 0.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $220M | 0.07% |
5,801,200
-437,600
| -7% | -$16.4M |
|
227
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $219M | 0.07% |
2,376
+2,016
| +560% | +$225M |
|
228
PUT
Nike
NKE
$60.5B
| $218M | 0.07% |
2,576,100
+636,900
| +33% | +$51.2M |
|
229
PUT
Lowe's Companies
LOW
$121B
| $216M | 0.07% |
1,884,700
+583,000
| +45% | +$60.7M |
|
230
Invesco QQQ Trust
QQQ
$486B
| $215M | 0.07% |
1,159,801
-738,308
| -39% | -$134M |
|
231
PUT
Chevron
CVX
$403B
| $215M | 0.07% |
1,762,100
-35,300
| -2% | -$4.28M |
|
232
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $214M | 0.07% |
2,474,300
-280,200
| -10% | -$24.1M |
|
233
CALL
United States Oil Fund
USO
$2.24B
| $214M | 0.07% |
1,720,175
-1,582,588
| -48% | -$183M |
|
234
PUT
ExxonMobil
XOM
$679B
| $213M | 0.07% |
2,503,800
-590,600
| -19% | -$48.3M |
|
235
General Motors
GM
$77.2B
| $212M | 0.07% |
6,281,783
+3,240,622
| +107% | +$119M |
|
|
SINA
236
DELISTED
Sina Corp
SINA
| $211M | 0.07% |
3,031,980
-155,531
| -5% | -$11.7M |
|
237
Mercado Libre
MELI
$97.5B
| $210M | 0.07% |
617,256
+120,561
| +24% | +$40.8M |
|
|
ATVI
238
CALL
DELISTED
Activision Blizzard
ATVI
| $210M | 0.07% |
2,523,400
+691,100
| +38% | +$52.4M |
|
239
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $210M | 0.07% |
7,597,900
-6,620,600
| -47% | -$185M |
|
240
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $209M | 0.07% |
1,982,500
+1,970,900
| +16,991% | +$209M |
|
241
PUT
Blackstone
BX
$108B
| $208M | 0.07% |
5,465,200
-917,300
| -14% | -$33.1M |
|
242
Wynn Resorts
WYNN
$10.3B
| $207M | 0.07% |
1,630,677
+929,018
| +132% | +$138M |
|
243
PUT
Comcast
CMCSA
$95.3B
| $206M | 0.07% |
5,777,500
-1,745,300
| -23% | -$61.8M |
|
244
CALL
Altria Group
MO
$110B
| $205M | 0.07% |
3,406,800
+784,600
| +30% | +$46.6M |
|
245
CALL
Spotify
SPOT
$110B
| $204M | 0.07% |
1,129,800
+538,800
| +91% | +$98.8M |
|
|
246
CALL
General Motors
GM
$77.2B
| $204M | 0.07% |
6,049,500
-1,091,000
| -15% | -$40.2M |
|
247
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $203M | 0.07% |
10,964,400
+6,729,400
| +159% | +$134M |
|
248
PUT
Cisco
CSCO
$438B
| $202M | 0.07% |
4,155,900
-1,569,400
| -27% | -$70.6M |
|
249
Lam Research
LRCX
$393B
| $201M | 0.07% |
13,233,420
+5,644,640
| +74% | +$96.4M |
|
250
PUT
Target
TGT
$75.1B
| $200M | 0.07% |
2,269,600
-698,600
| -24% | -$58.1M |
|
Similar funds
Jeff Yass's Q3 2018 Portfolio in Review
As of Q3 2018, Jeff Yass held 11,024 positions worth $304B, up 4.3% from $291B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q3 2018 filing shows 1,516 new, 3,541 increased, 3,939 reduced and 1,939 closed positions. Its largest new stake was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M. The largest sale was Altaba Inc, an estimated $948M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.7% of assets, up from 0.99% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q3 2018 buy was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M.
- Jeff Yass added most to Amazon in Q3 2018, an estimated $1.34B increase.
- Jeff Yass's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $948M.
- Jeff Yass fully exited iShares MSCI EAFE ETF in Q3 2018, selling an estimated $210M.
- Jeff Yass's ten largest holdings make up 27% of its $304B portfolio in Q3 2018.
- Jeff Yass opened 1,516 new positions and closed 1,939 in Q3 2018.
- Jeff Yass's portfolio value rose 4.3% quarter-over-quarter to $304B.
Based on Susquehanna International Group's 13F filing for Q3 2018, filed 14 Nov 2018.