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 | |
|---|---|---|---|---|---|---|
301
PUT
Coca-Cola
KO
$392B
| $132M | 0.05% |
2,794,500
+469,800
| +20% | +$22.5M |
|
302
PUT
Vale
VALE
$62.1B
| $131M | 0.05% |
9,951,000
+3,501,600
| +54% | +$50M |
|
303
Intel
INTC
$476B
| $131M | 0.05% |
2,786,875
-4,082,084
| -59% | -$191M |
|
304
FedEx
FDX
$76.9B
| $131M | 0.05% |
809,084
+215,385
| +36% | +$45.6M |
|
305
CALL
Nike
NKE
$60.5B
| $130M | 0.05% |
1,754,000
-1,622,000
| -48% | -$121M |
|
306
CALL
Shopify
SHOP
$192B
| $130M | 0.05% |
9,361,000
+2,186,000
| +30% | +$30.8M |
|
307
CALL
Valero Energy
VLO
$100B
| $129M | 0.05% |
1,725,700
+693,900
| +67% | +$61M |
|
308
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $129M | 0.05% |
1,337,500
+575,100
| +75% | +$61M |
|
309
Morgan Stanley
MS
$336B
| $129M | 0.05% |
3,252,762
+1,543,649
| +90% | +$67.4M |
|
310
CALL
Humana
HUM
$45.5B
| $129M | 0.05% |
450,100
+44,200
| +11% | +$14M |
|
311
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $128M | 0.05% |
1,485,000
+931,400
| +168% | +$84.3M |
|
312
CALL
American Express
AXP
$227B
| $128M | 0.05% |
1,342,300
+362,200
| +37% | +$37.9M |
|
313
CALL
Kimberly-Clark
KMB
$36.4B
| $128M | 0.05% |
1,122,700
+8,600
| +0.8% | +$954K |
|
314
PUT
RH
RH
$2.9B
| $128M | 0.05% |
1,066,400
-84,400
| -7% | -$10.1M |
|
315
CALL
VanEck Gold Miners ETF
GDX
$32B
| $128M | 0.05% |
6,050,500
+2,910,300
| +93% | +$57.1M |
|
316
Lowe's Companies
LOW
$121B
| $127M | 0.05% |
1,378,584
+1,085,105
| +370% | +$105M |
|
317
CALL
Analog Devices
ADI
$182B
| $126M | 0.05% |
1,466,700
+1,153,900
| +369% | +$99.8M |
|
318
PUT
Northrop Grumman
NOC
$78.3B
| $126M | 0.05% |
513,900
-312,700
| -38% | -$86.4M |
|
319
PUT
Snap
SNAP
$8.86B
| $126M | 0.05% |
22,840,300
+510,300
| +2% | +$3.32M |
|
320
CALL
ProShares UltraPro Short S&P 500
SPXU
$392M
| $126M | 0.05% |
27,008
+6,619
| +32% | +$26.3M |
|
321
CALL
Palo Alto Networks
PANW
$292B
| $126M | 0.05% |
3,998,400
+57,000
| +1% | +$1.78M |
|
322
PUT
Petrobras
PBR
$123B
| $125M | 0.05% |
9,639,100
-3,555,700
| -27% | -$51.5M |
|
|
RHT
323
PUT
DELISTED
Red Hat Inc
RHT
| $125M | 0.05% |
711,300
-270,800
| -28% | -$42.9M |
|
|
EA
324
PUT
DELISTED
Electronic Arts
EA
| $125M | 0.05% |
1,577,800
-552,000
| -26% | -$50.6M |
|
325
PUT
Bausch Health
BHC
$2.41B
| $123M | 0.05% |
6,685,400
-428,800
| -6% | -$10.2M |
|
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.