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 |
Meta Platforms (Facebook)
META
|
+$944M |
| 2 |
Amazon
AMZN
|
+$935M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$517M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$341M |
| 5 |
Netflix
NFLX
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.29B |
| 2 |
NVIDIA
NVDA
|
+$588M |
| 3 |
Bank of America
BAC
|
+$289M |
| 4 |
Intel
INTC
|
+$288M |
| 5 |
Union Pacific
UNP
|
+$281M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.83% |
| 2 | Communication Services | 1.58% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Healthcare | 0.84% |
| 5 | Financials | 0.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $134M | 0.05% |
1,799,300
+394,800
| +28% | +$30.4M |
|
302
CALL
3M
MMM
$92.3B
| $134M | 0.05% |
727,886
+45,927
| +7% | +$9.1M |
|
303
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $133M | 0.05% |
1,767,600
-1,409,100
| -44% | -$107M |
|
304
PUT
ProShares UltraPro QQQ
TQQQ
$35.8B
| $133M | 0.05% |
22,228,800
+484,800
| +2% | +$3.28M |
|
305
PUT
Coca-Cola
KO
$392B
| $132M | 0.05% |
3,044,000
-295,900
| -9% | -$13.3M |
|
306
IBM
IBM
$222B
| $131M | 0.05% |
894,620
+715,358
| +399% | +$108M |
|
307
PUT
United States Oil Fund
USO
$2.1B
| $131M | 0.05% |
1,248,000
-1,139,963
| -48% | -$115M |
|
|
ALXN
308
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $130M | 0.05% |
1,166,500
+731,200
| +168% | +$87.4M |
|
309
CALL
NetEase
NTES
$82.1B
| $129M | 0.05% |
2,307,500
-989,500
| -30% | -$62.1M |
|
|
VMW
310
PUT
DELISTED
VMware, Inc
VMW
| $128M | 0.05% |
1,059,200
+304,400
| +40% | +$38.3M |
|
311
PUT
United Parcel Service
UPS
$86.8B
| $128M | 0.05% |
1,226,000
-448,500
| -27% | -$51.8M |
|
312
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $128M | 0.05% |
7,506,500
-517,700
| -6% | -$10.1M |
|
313
CALL
Kraft Heinz
KHC
$30.3B
| $128M | 0.05% |
2,058,600
+1,465,700
| +247% | +$105M |
|
314
PUT
Pfizer
PFE
$160B
| $128M | 0.05% |
3,807,786
-2,022,520
| -35% | -$69.5M |
|
315
CALL
Altria Group
MO
$110B
| $127M | 0.05% |
2,045,100
-202,300
| -9% | -$13.4M |
|
316
Microsoft
MSFT
$3.59T
| $127M | 0.05% |
1,389,243
-1,139,753
| -45% | -$104M |
|
317
CALL
United Airlines
UAL
$36.7B
| $127M | 0.05% |
1,824,300
+210,300
| +13% | +$14.5M |
|
318
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $126M | 0.05% |
2,684,706
+2,156,021
| +408% | +$103M |
|
319
CALL
Seagate
STX
$193B
| $126M | 0.04% |
2,155,200
+254,900
| +13% | +$13.6M |
|
320
CALL
Morgan Stanley
MS
$336B
| $126M | 0.04% |
2,331,800
-227,600
| -9% | -$12.6M |
|
321
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $126M | 0.04% |
1,433,500
+144,000
| +11% | +$13.1M |
|
|
322
PUT
Teva Pharmaceuticals
TEVA
$43.5B
| $125M | 0.04% |
7,293,100
-2,420,900
| -25% | -$47.3M |
|
323
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $125M | 0.04% |
4,928,800
-3,110,800
| -39% | -$77.6M |
|
324
CALL
General Dynamics
GD
$104B
| $124M | 0.04% |
563,300
+113,200
| +25% | +$24.6M |
|
325
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $124M | 0.04% |
12,208,500
-1,065,000
| -8% | -$11.8M |
|
Similar funds
Jeff Yass's Q1 2018 Portfolio in Review
As of Q1 2018, Jeff Yass held 10,979 positions worth $281B, down 1% from $283B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q1 2018 filing shows 1,821 new, 3,804 increased, 3,502 reduced and 1,753 closed positions. Its largest new stake was iShares 0-1 Year Treasury Bond ETF: 3,090,594 shares worth $341M. The largest sale was Apple, an estimated $1.29B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.6% a quarter earlier, followed by Communication Services and Consumer Discretionary.
- Jeff Yass's largest Q1 2018 buy was iShares 0-1 Year Treasury Bond ETF: 3,090,594 shares worth $341M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q1 2018, an estimated $944M increase.
- Jeff Yass's biggest Q1 2018 reduction was Apple, cutting an estimated $1.29B.
- Jeff Yass fully exited iShares MSCI Japan ETF in Q1 2018, selling an estimated $84.1M.
- Jeff Yass's ten largest holdings make up 27% of its $281B portfolio in Q1 2018.
- Jeff Yass opened 1,821 new positions and closed 1,753 in Q1 2018.
- Jeff Yass's portfolio value fell 1% quarter-over-quarter to $281B.
Based on Susquehanna International Group's 13F filing for Q1 2018, filed 15 May 2018.