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 |
Apple
AAPL
|
+$2.91B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$469M |
| 3 |
NVIDIA
NVDA
|
+$461M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$461M |
| 5 |
Citigroup
C
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.29B |
| 2 |
Tesla
TSLA
|
+$303M |
| 3 |
Meta Platforms (Facebook)
META
|
+$264M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$257M |
| 5 |
Goldman Sachs
GS
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.28% |
| 2 | Consumer Discretionary | 0.93% |
| 3 | Financials | 0.81% |
| 4 | Communication Services | 0.69% |
| 5 | Healthcare | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
Twilio
TWLO
$34.6B
| $188M | 0.07% |
2,105,400
+448,700
| +27% | +$36.5M |
|
227
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $188M | 0.07% |
2,507,800
+928,300
| +59% | +$72.9M |
|
228
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $188M | 0.07% |
12,163,700
+1,853,400
| +18% | +$38M |
|
229
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $186M | 0.07% |
6,006,600
-632,600
| -10% | -$21.4M |
|
230
PUT
ExxonMobil
XOM
$679B
| $184M | 0.07% |
2,699,700
+195,900
| +8% | +$15.4M |
|
231
CALL
Elevance Health
ELV
$86.9B
| $184M | 0.07% |
699,600
+131,600
| +23% | +$36.2M |
|
232
PUT
Las Vegas Sands
LVS
$30.5B
| $184M | 0.07% |
3,528,700
+1,147,400
| +48% | +$62.2M |
|
|
EA
233
CALL
DELISTED
Electronic Arts
EA
| $183M | 0.07% |
2,318,000
-300,400
| -11% | -$27.6M |
|
234
PUT
Palo Alto Networks
PANW
$292B
| $183M | 0.07% |
5,815,200
-177,600
| -3% | -$5.54M |
|
235
PUT
Kraft Heinz
KHC
$30.3B
| $181M | 0.07% |
4,208,600
-504,700
| -11% | -$26.1M |
|
236
CALL
Abbott
ABT
$202B
| $181M | 0.07% |
2,500,100
+258,500
| +12% | +$18.2M |
|
|
BAC.WS.A
237
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $179M | 0.07% |
14,016,575
+105,711
| +0.8% | +$1.62M |
|
238
PUT
Macy's
M
$6B
| $179M | 0.07% |
6,019,500
+368,200
| +7% | +$12.1M |
|
239
PUT
Lockheed Martin
LMT
$130B
| $177M | 0.07% |
675,900
-50,400
| -7% | -$15.3M |
|
240
CALL
Petrobras
PBR
$123B
| $177M | 0.07% |
13,581,700
+3,169,800
| +30% | +$45.9M |
|
241
CALL
Honeywell
HON
$68.4B
| $176M | 0.07% |
1,413,570
+245,467
| +21% | +$33.5M |
|
242
CALL
Blackrock
BLK
$179B
| $175M | 0.07% |
445,500
+226,600
| +104% | +$92.8M |
|
243
PUT
RTX Corp
RTX
$283B
| $174M | 0.07% |
2,595,790
+461,445
| +22% | +$36.2M |
|
244
PUT
Cisco
CSCO
$438B
| $173M | 0.07% |
3,986,200
-169,700
| -4% | -$7.77M |
|
245
PUT
United States Natural Gas Fund
UNG
$506M
| $171M | 0.07% |
1,733,700
+470,275
| +37% | +$57M |
|
246
CALL
Delta Air Lines
DAL
$54.2B
| $171M | 0.07% |
3,433,300
+865,200
| +34% | +$47.1M |
|
247
PUT
Blackstone
BX
$108B
| $171M | 0.07% |
5,745,100
+279,900
| +5% | +$9.25M |
|
248
CALL
Oracle
ORCL
$422B
| $171M | 0.07% |
3,780,500
-690,600
| -15% | -$33.1M |
|
249
PUT
Bristol-Myers Squibb
BMY
$137B
| $171M | 0.07% |
3,283,500
-739,800
| -18% | -$39.7M |
|
250
Applied Materials
AMAT
$391B
| $170M | 0.07% |
5,188,243
-1,502,744
| -22% | -$51.5M |
|
Similar funds
Jeff Yass's Q4 2018 Portfolio in Review
As of Q4 2018, Jeff Yass held 10,809 positions worth $252B, down 17% from $304B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass's Q4 2018 filing shows 1,721 new, 3,152 increased, 3,864 reduced and 1,983 closed positions. Its largest new stake was iShares MSCI EAFE ETF: 7,515,967 shares worth $442M. The largest sale was Amazon, an estimated $1.29B.
By sector, the portfolio is most concentrated in Technology at 2.3% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q4 2018 buy was iShares MSCI EAFE ETF: 7,515,967 shares worth $442M.
- Jeff Yass added most to Apple in Q4 2018, an estimated $2.91B increase.
- Jeff Yass's biggest Q4 2018 reduction was Amazon, cutting an estimated $1.29B.
- Jeff Yass fully exited Tesla in Q4 2018, selling an estimated $303M.
- Jeff Yass's ten largest holdings make up 26% of its $252B portfolio in Q4 2018.
- Jeff Yass opened 1,721 new positions and closed 1,983 in Q4 2018.
- Jeff Yass's portfolio value fell 17% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2018, filed 14 Feb 2019.