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 | |
|---|---|---|---|---|---|---|
251
CALL
Texas Instruments
TXN
$241B
| $169M | 0.07% |
1,791,000
+489,800
| +38% | +$47.4M |
|
252
PUT
NXP Semiconductors
NXPI
$56.9B
| $168M | 0.07% |
2,296,900
-1,734,800
| -43% | -$137M |
|
253
CALL
3M
MMM
$92.3B
| $168M | 0.07% |
1,054,872
-1,115,629
| -51% | -$185M |
|
254
CALL
United States Natural Gas Fund
UNG
$506M
| $168M | 0.07% |
1,696,500
+837,825
| +98% | +$102M |
|
255
PUT
SLB Ltd
SLB
$79.9B
| $168M | 0.07% |
4,647,300
+1,672,100
| +56% | +$82.5M |
|
256
CALL
Expedia Group
EXPE
$38.6B
| $168M | 0.07% |
1,488,200
+181,900
| +14% | +$21.8M |
|
257
CALL
Deere & Co
DE
$175B
| $167M | 0.07% |
1,118,600
+559,800
| +100% | +$82M |
|
258
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $165M | 0.07% |
1,551,700
+632,575
| +69% | +$88.4M |
|
|
SINA
259
DELISTED
Sina Corp
SINA
| $165M | 0.07% |
3,066,804
+34,824
| +1% | +$2.15M |
|
|
260
PUT
3M
MMM
$92.3B
| $164M | 0.07% |
1,030,474
-324,235
| -24% | -$53.8M |
|
261
PUT
Illumina
ILMN
$33.1B
| $164M | 0.07% |
562,522
+158,929
| +39% | +$49.2M |
|
262
PUT
CVS Health
CVS
$119B
| $164M | 0.07% |
2,498,000
-428,200
| -15% | -$32M |
|
263
Boeing
BA
$169B
| $164M | 0.07% |
507,046
+229,544
| +83% | +$79.3M |
|
264
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $162M | 0.06% |
5,632,800
-168,400
| -3% | -$5.63M |
|
265
PUT
Union Pacific
UNP
$183B
| $160M | 0.06% |
1,159,700
-425,500
| -27% | -$63M |
|
266
PUT
United Parcel Service
UPS
$86.8B
| $158M | 0.06% |
1,615,900
+811,000
| +101% | +$87.9M |
|
267
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $154M | 0.06% |
929,000
+166,200
| +22% | +$28.8M |
|
268
CALL
NetEase
NTES
$82.1B
| $154M | 0.06% |
3,261,500
-804,000
| -20% | -$36.3M |
|
269
PUT
VanEck Gold Miners ETF
GDX
$32B
| $153M | 0.06% |
7,255,800
-3,708,600
| -34% | -$72.7M |
|
|
VMW
270
CALL
DELISTED
VMware, Inc
VMW
| $152M | 0.06% |
1,106,200
+350,600
| +46% | +$53M |
|
271
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $151M | 0.06% |
1,749,600
+143,500
| +9% | +$13M |
|
|
CELG
272
DELISTED
Celgene Corp
CELG
| $151M | 0.06% |
2,349,111
+1,446,509
| +160% | +$107M |
|
273
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $150M | 0.06% |
1,848,000
-626,300
| -25% | -$52.4M |
|
|
EXAS
274
PUT
DELISTED
Exact Sciences
EXAS
| $150M | 0.06% |
2,374,600
-409,700
| -15% | -$28.1M |
|
275
PUT
Chevron
CVX
$403B
| $149M | 0.06% |
1,371,000
-391,100
| -22% | -$45.3M |
|
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.