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 | |
|---|---|---|---|---|---|---|
276
CALL
Kinder Morgan
KMI
$69B
| $148M | 0.06% |
9,620,500
+3,003,500
| +45% | +$50.8M |
|
|
277
PUT
Kinder Morgan
KMI
$69B
| $147M | 0.06% |
9,586,100
+4,121,700
| +75% | +$69.8M |
|
278
PUT
United Airlines
UAL
$36.7B
| $146M | 0.06% |
1,738,900
-213,100
| -11% | -$18.7M |
|
279
CALL
Macy's
M
$6B
| $146M | 0.06% |
4,886,200
+2,871,700
| +143% | +$94.5M |
|
280
PUT
Shopify
SHOP
$192B
| $145M | 0.06% |
10,451,000
+2,298,000
| +28% | +$32.3M |
|
281
CALL
SLB Ltd
SLB
$79.9B
| $144M | 0.06% |
4,001,300
+3,159,100
| +375% | +$156M |
|
282
PUT
Twilio
TWLO
$34.6B
| $144M | 0.06% |
1,615,300
+971,800
| +151% | +$78.9M |
|
283
PUT
Constellation Brands
STZ
$23.2B
| $144M | 0.06% |
893,200
-720,500
| -45% | -$143M |
|
284
CALL
Ford
F
$57.5B
| $144M | 0.06% |
18,760,500
+11,819,000
| +170% | +$105M |
|
285
CALL
Lockheed Martin
LMT
$130B
| $143M | 0.06% |
544,700
-3,500
| -0.6% | -$1.06M |
|
|
286
Ford
F
$57.5B
| $142M | 0.06% |
18,589,843
-5,705,049
| -23% | -$50.8M |
|
287
Alphabet (Google) Class A
GOOGL
$4.22T
| $140M | 0.06% |
2,687,100
-3,822,920
| -59% | -$207M |
|
288
PUT
Honeywell
HON
$68.4B
| $140M | 0.06% |
1,123,387
+52,921
| +5% | +$7.22M |
|
289
IBM
IBM
$222B
| $140M | 0.06% |
+1,286,651
| New | +$154M |
|
290
PUT
Herbalife
HLF
$1.33B
| $139M | 0.06% |
2,366,200
+771,400
| +48% | +$42.6M |
|
291
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $139M | 0.06% |
2,973,900
+396,300
| +15% | +$21.2M |
|
292
PUT
ServiceNow
NOW
$133B
| $139M | 0.06% |
3,903,000
+1,287,500
| +49% | +$45.7M |
|
293
PUT
Humana
HUM
$45.5B
| $138M | 0.05% |
482,700
-24,700
| -5% | -$7.83M |
|
|
B
294
CALL
Barrick Mining
B
$78.3B
| $137M | 0.05% |
10,152,000
+7,184,900
| +242% | +$92.8M |
|
295
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $137M | 0.05% |
2,128,500
-399,800
| -16% | -$28.3M |
|
296
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $137M | 0.05% |
827,200
+330,100
| +66% | +$57.2M |
|
297
CALL
Illumina
ILMN
$33.1B
| $137M | 0.05% |
469,179
+57,054
| +14% | +$17.7M |
|
298
CALL
RTX Corp
RTX
$283B
| $136M | 0.05% |
2,032,490
-15,572
| -0.8% | -$1.22M |
|
299
PUT
VanEck Semiconductor ETF
SMH
$66.4B
| $134M | 0.05% |
3,071,800
-2,350,200
| -43% | -$110M |
|
300
CALL
Blackstone
BX
$108B
| $132M | 0.05% |
4,440,200
-29,400
| -0.7% | -$972K |
|
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.