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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$696M |
| 2 |
AABA
Altaba Inc
AABA
|
+$632M |
| 3 |
AT&T
T
|
+$433M |
| 4 |
Goldman Sachs
GS
|
+$392M |
| 5 |
Walt Disney
DIS
|
+$384M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.5B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Amazon
AMZN
|
+$1B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$938M |
| 5 |
Netflix
NFLX
|
+$423M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.9% |
| 2 | Financials | 1.28% |
| 3 | Communication Services | 1.02% |
| 4 | Consumer Discretionary | 0.99% |
| 5 | Healthcare | 0.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RTN
301
PUT
DELISTED
Raytheon Company
RTN
| $147M | 0.05% |
761,000
+100,000
| +15% | +$21M |
|
302
PUT
Halliburton
HAL
$29.4B
| $147M | 0.05% |
3,253,600
+131,500
| +4% | +$6.55M |
|
|
PXD
303
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $146M | 0.05% |
770,200
+533,200
| +225% | +$102M |
|
304
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $145M | 0.05% |
2,373,000
-660,500
| -22% | -$41.4M |
|
305
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $144M | 0.05% |
836,300
+135,450
| +19% | +$21.8M |
|
306
PUT
Mondelez International
MDLZ
$82.3B
| $143M | 0.05% |
3,492,000
-397,500
| -10% | -$16M |
|
|
EA
307
PUT
DELISTED
Electronic Arts
EA
| $142M | 0.05% |
1,009,900
-419,900
| -29% | -$54.5M |
|
|
VMW
308
PUT
DELISTED
VMware, Inc
VMW
| $142M | 0.05% |
967,700
-91,500
| -9% | -$12.6M |
|
|
ALXN
309
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $142M | 0.05% |
1,143,100
-185,300
| -14% | -$21.7M |
|
310
CALL
Autodesk
ADSK
$53.6B
| $141M | 0.05% |
1,073,600
-71,800
| -6% | -$9.51M |
|
|
CELG
311
DELISTED
Celgene Corp
CELG
| $140M | 0.05% |
1,766,505
-2,192,461
| -55% | -$182M |
|
|
ATVI
312
CALL
DELISTED
Activision Blizzard
ATVI
| $140M | 0.05% |
1,832,300
+485,400
| +36% | +$34.4M |
|
313
CALL
Starbucks
SBUX
$122B
| $139M | 0.05% |
2,853,200
+23,900
| +0.8% | +$1.36M |
|
314
PUT
Workday
WDAY
$49.4B
| $139M | 0.05% |
1,146,900
+392,300
| +52% | +$50.2M |
|
315
PUT
Las Vegas Sands
LVS
$30.5B
| $138M | 0.05% |
1,804,000
+519,900
| +40% | +$39.7M |
|
316
PUT
Expedia Group
EXPE
$38.6B
| $136M | 0.05% |
1,133,500
-162,600
| -13% | -$18.8M |
|
317
PUT
iQIYI
IQ
$1.01B
| $136M | 0.05% |
+4,195,700
| New | +$102M |
|
318
PUT
Lumen
LUMN
$6.13B
| $135M | 0.05% |
7,240,700
+319,300
| +5% | +$5.8M |
|
319
CALL
Blackrock
BLK
$179B
| $135M | 0.05% |
270,200
+107,100
| +66% | +$56.6M |
|
320
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $135M | 0.05% |
4,201,200
+2,344,600
| +126% | +$90.3M |
|
321
CALL
PepsiCo
PEP
$196B
| $134M | 0.05% |
1,230,300
-500,300
| -29% | -$51.7M |
|
322
CALL
Valero Energy
VLO
$100B
| $133M | 0.05% |
1,204,000
-557,700
| -32% | -$62.6M |
|
323
PUT
American Airlines Group
AAL
$9.15B
| $133M | 0.05% |
3,492,000
+1,758,600
| +101% | +$77.5M |
|
324
CALL
3M
MMM
$92.3B
| $132M | 0.05% |
804,071
+76,185
| +10% | +$13M |
|
325
PUT
Petrobras
PBR
$123B
| $132M | 0.05% |
13,178,600
+8,534,200
| +184% | +$109M |
|
Similar funds
Jeff Yass's Q2 2018 Portfolio in Review
As of Q2 2018, Jeff Yass held 11,136 positions worth $291B, up 3.8% from $281B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass's Q2 2018 filing shows 1,911 new, 3,840 increased, 3,666 reduced and 1,619 closed positions. Its largest new stake was iShares Core MSCI EAFE ETF: 4,732,803 shares worth $300M. The largest sale was Meta Platforms (Facebook), an estimated $1.5B.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.8% a quarter earlier, followed by Financials and Communication Services.
- Jeff Yass's largest Q2 2018 buy was iShares Core MSCI EAFE ETF: 4,732,803 shares worth $300M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2018, an estimated $696M increase.
- Jeff Yass's biggest Q2 2018 reduction was Meta Platforms (Facebook), cutting an estimated $1.5B.
- Jeff Yass fully exited iShares 0-1 Year Treasury Bond ETF in Q2 2018, selling an estimated $341M.
- Jeff Yass's ten largest holdings make up 26% of its $291B portfolio in Q2 2018.
- Jeff Yass opened 1,911 new positions and closed 1,619 in Q2 2018.
- Jeff Yass's portfolio value rose 3.8% quarter-over-quarter to $291B.
Based on Susquehanna International Group's 13F filing for Q2 2018, filed 14 Aug 2018.