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 | |
|---|---|---|---|---|---|---|
351
PUT
Delta Air Lines
DAL
$54.2B
| $121M | 0.04% |
2,438,600
-750,800
| -24% | -$40.1M |
|
352
General Motors
GM
$77.2B
| $120M | 0.04% |
3,041,161
-1,317,484
| -30% | -$51.9M |
|
353
PUT
Charter Communications
CHTR
$17.9B
| $119M | 0.04% |
406,100
+41,000
| +11% | +$11.8M |
|
354
PUT
United Parcel Service
UPS
$86.8B
| $119M | 0.04% |
1,117,000
-109,000
| -9% | -$12.2M |
|
|
355
CALL
Delta Air Lines
DAL
$54.2B
| $118M | 0.04% |
2,385,800
-491,800
| -17% | -$26.2M |
|
356
Broadcom
AVGO
$1.75T
| $118M | 0.04% |
4,864,230
-4,633,110
| -49% | -$114M |
|
357
CALL
Honeywell
HON
$68.4B
| $118M | 0.04% |
905,412
+87,563
| +11% | +$11.6M |
|
358
CALL
International Paper
IP
$22B
| $118M | 0.04% |
2,385,926
+87,331
| +4% | +$4.46M |
|
359
Wynn Resorts
WYNN
$10.3B
| $117M | 0.04% |
701,659
+297,656
| +74% | +$54.9M |
|
|
360
CALL
Charter Communications
CHTR
$17.9B
| $117M | 0.04% |
400,000
+119,200
| +42% | +$34.3M |
|
361
CALL
Blackstone
BX
$108B
| $117M | 0.04% |
3,643,300
+341,900
| +10% | +$10.9M |
|
|
ANDV
362
PUT
DELISTED
Andeavor
ANDV
| $117M | 0.04% |
892,700
+461,800
| +107% | +$60.8M |
|
|
PX
363
CALL
DELISTED
Praxair Inc
PX
| $117M | 0.04% |
737,600
+234,000
| +46% | +$36.2M |
|
364
Western Digital
WDC
$166B
| $116M | 0.04% |
1,985,069
+1,421,603
| +252% | +$90.5M |
|
365
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $116M | 0.04% |
4,358,989
+3,472,806
| +392% | +$95.8M |
|
366
PUT
Pfizer
PFE
$160B
| $116M | 0.04% |
3,358,044
-449,742
| -12% | -$15.4M |
|
367
Comcast
CMCSA
$95.3B
| $115M | 0.04% |
3,517,546
+1,684,369
| +92% | +$54.9M |
|
368
CALL
SLB Ltd
SLB
$79.9B
| $115M | 0.04% |
1,718,900
-185,800
| -10% | -$12.8M |
|
|
ATVI
369
PUT
DELISTED
Activision Blizzard
ATVI
| $115M | 0.04% |
1,508,300
+41,100
| +3% | +$2.91M |
|
370
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $114M | 0.04% |
3,175,500
+1,089,300
| +52% | +$40.8M |
|
371
PUT
General Dynamics
GD
$104B
| $114M | 0.04% |
611,000
+3,100
| +0.5% | +$635K |
|
372
CALL
BP
BP
$115B
| $113M | 0.04% |
2,633,423
+544,798
| +26% | +$22.9M |
|
|
ATVI
373
DELISTED
Activision Blizzard
ATVI
| $113M | 0.04% |
1,482,219
+727,963
| +97% | +$51.5M |
|
374
PUT
Ulta Beauty
ULTA
$22.4B
| $112M | 0.04% |
479,900
-123,700
| -20% | -$29.9M |
|
|
SHPG
375
PUT
DELISTED
Shire pic
SHPG
| $111M | 0.04% |
658,900
+104,300
| +19% | +$16.8M |
|
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.