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 | |
|---|---|---|---|---|---|---|
326
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $132M | 0.05% |
371,800
+21,500
| +6% | +$7.56M |
|
327
CALL
ConocoPhillips
COP
$162B
| $132M | 0.05% |
1,890,200
-546,400
| -22% | -$36.4M |
|
328
Lam Research
LRCX
$393B
| $131M | 0.05% |
+7,588,780
| New | +$146M |
|
329
iShares Russell 2000 ETF
IWM
$81.9B
| $131M | 0.04% |
797,430
+385,338
| +94% | +$61.6M |
|
330
Bristol-Myers Squibb
BMY
$137B
| $130M | 0.04% |
2,354,001
+1,278,845
| +119% | +$69.1M |
|
331
CALL
United Airlines
UAL
$36.7B
| $129M | 0.04% |
1,847,500
+23,200
| +1% | +$1.61M |
|
|
APC
332
CALL
DELISTED
Anadarko Petroleum
APC
| $128M | 0.04% |
1,751,000
+14,600
| +0.8% | +$990K |
|
333
CALL
American Airlines Group
AAL
$9.15B
| $128M | 0.04% |
3,363,100
+764,900
| +29% | +$33.7M |
|
334
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $128M | 0.04% |
1,780,400
-18,900
| -1% | -$1.4M |
|
335
CALL
Sarepta Therapeutics
SRPT
$1.98B
| $128M | 0.04% |
964,700
+100,400
| +12% | +$9.47M |
|
336
PUT
Under Armour
UAA
$2.32B
| $127M | 0.04% |
5,653,600
-847,900
| -13% | -$16.7M |
|
337
CALL
RH
RH
$2.9B
| $127M | 0.04% |
907,300
-48,500
| -5% | -$5.26M |
|
338
CALL
Accenture
ACN
$113B
| $127M | 0.04% |
774,500
+220,400
| +40% | +$34.3M |
|
339
NVIDIA
NVDA
$5.2T
| $126M | 0.04% |
21,219,600
-38,378,400
| -64% | -$233M |
|
340
PUT
Lowe's Companies
LOW
$121B
| $125M | 0.04% |
1,301,700
+173,000
| +15% | +$15.7M |
|
341
PUT
PepsiCo
PEP
$196B
| $125M | 0.04% |
1,144,900
+140,600
| +14% | +$14.5M |
|
|
TWTR
342
DELISTED
Twitter, Inc.
TWTR
| $124M | 0.04% |
2,850,831
-2,785,051
| -49% | -$97.7M |
|
343
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $124M | 0.04% |
1,110,300
+954,300
| +612% | +$109M |
|
|
344
Sarepta Therapeutics
SRPT
$1.98B
| $124M | 0.04% |
937,082
+630,493
| +206% | +$59.5M |
|
345
PUT
Texas Instruments
TXN
$241B
| $124M | 0.04% |
1,122,500
-63,300
| -5% | -$6.85M |
|
346
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $123M | 0.04% |
17,293,600
+5,586,400
| +48% | +$37.7M |
|
347
Blackstone
BX
$108B
| $123M | 0.04% |
3,834,666
-388,317
| -9% | -$12.4M |
|
348
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $122M | 0.04% |
1,519,800
-247,800
| -14% | -$19.1M |
|
349
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$350M
| $122M | 0.04% |
4,880,300
+4,868,100
| +39,902% | +$119M |
|
350
PUT
Weibo
WB
$1.73B
| $121M | 0.04% |
1,365,500
+564,300
| +70% | +$61.4M |
|
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.