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 | |
|---|---|---|---|---|---|---|
276
PUT
United Airlines
UAL
$36.7B
| $174M | 0.06% |
1,952,000
+451,600
| +30% | +$37.2M |
|
277
PUT
Humana
HUM
$45.5B
| $172M | 0.06% |
507,400
+177,300
| +54% | +$57.6M |
|
278
PUT
Verizon
VZ
$205B
| $171M | 0.06% |
3,206,100
-1,157,700
| -27% | -$61.3M |
|
279
CALL
Expedia Group
EXPE
$38.6B
| $170M | 0.06% |
1,306,300
+596,300
| +84% | +$77.4M |
|
280
CALL
Blackstone
BX
$108B
| $170M | 0.06% |
4,469,600
+826,300
| +23% | +$29.9M |
|
|
RTN
281
PUT
DELISTED
Raytheon Company
RTN
| $168M | 0.06% |
813,700
+52,700
| +7% | +$10.5M |
|
282
American Airlines Group
AAL
$9.15B
| $166M | 0.05% |
4,019,717
+1,899,735
| +90% | +$74.2M |
|
283
PUT
Cigna
CI
$73.3B
| $166M | 0.05% |
797,300
+408,200
| +105% | +$75.7M |
|
284
PUT
Roku
ROKU
$23.4B
| $165M | 0.05% |
2,260,000
+367,100
| +19% | +$21M |
|
285
CALL
Sarepta Therapeutics
SRPT
$1.98B
| $165M | 0.05% |
1,021,800
+57,100
| +6% | +$7.81M |
|
286
CALL
Abbott
ABT
$202B
| $164M | 0.05% |
2,241,600
+847,200
| +61% | +$55.6M |
|
287
PUT
Valero Energy
VLO
$100B
| $164M | 0.05% |
1,442,800
+18,500
| +1% | +$2.1M |
|
288
PUT
ProShares UltraPro QQQ
TQQQ
$35.7B
| $163M | 0.05% |
18,356,000
-5,109,600
| -22% | -$42.3M |
|
|
289
CALL
American Airlines Group
AAL
$9.15B
| $162M | 0.05% |
3,931,000
+567,900
| +17% | +$22.2M |
|
290
PUT
Honeywell
HON
$68.4B
| $161M | 0.05% |
1,070,466
-292,579
| -21% | -$41.5M |
|
|
WBA
291
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $160M | 0.05% |
2,199,400
-762,900
| -26% | -$51.8M |
|
292
PUT
Petrobras
PBR
$123B
| $159M | 0.05% |
13,194,800
+16,200
| +0.1% | +$180K |
|
293
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $159M | 0.05% |
919,125
+82,825
| +10% | +$13.9M |
|
|
294
PUT
Sarepta Therapeutics
SRPT
$1.98B
| $159M | 0.05% |
985,400
-158,100
| -14% | -$21.6M |
|
295
PUT
Merck
MRK
$376B
| $159M | 0.05% |
2,344,900
-530,707
| -18% | -$33.8M |
|
296
Procter & Gamble
PG
$336B
| $159M | 0.05% |
1,905,749
-936,725
| -33% | -$76.6M |
|
297
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $158M | 0.05% |
+1,833,553
| New | +$158M |
|
298
CALL
EOG Resources
EOG
$80.3B
| $157M | 0.05% |
1,230,900
-133,300
| -10% | -$16.2M |
|
|
SHPG
299
PUT
DELISTED
Shire pic
SHPG
| $157M | 0.05% |
864,100
+205,200
| +31% | +$35.5M |
|
|
AABA
300
PUT
DELISTED
Altaba Inc
AABA
| $156M | 0.05% |
2,294,400
-6,252,600
| -73% | -$441M |
|
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.