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 |
Amazon
AMZN
|
+$1.34B |
| 2 |
Meta Platforms (Facebook)
META
|
+$684M |
| 3 |
Tesla
TSLA
|
+$290M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$282M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$223M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$948M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$575M |
| 3 |
Walt Disney
DIS
|
+$382M |
| 4 |
Boeing
BA
|
+$335M |
| 5 |
Apple
AAPL
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.71% |
| 2 | Technology | 1.31% |
| 3 | Communication Services | 1.07% |
| 4 | Financials | 0.9% |
| 5 | Healthcare | 0.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
CALL
RH
RH
$2.9B
| $133M | 0.04% |
1,015,200
+107,900
| +12% | +$15.1M |
|
|
CXO
352
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $133M | 0.04% |
870,600
+570,900
| +190% | +$80.5M |
|
353
CALL
ConocoPhillips
COP
$162B
| $132M | 0.04% |
1,710,000
-180,200
| -10% | -$13M |
|
354
PUT
lululemon athletica
LULU
$13.7B
| $132M | 0.04% |
810,400
-69,700
| -8% | -$9.55M |
|
355
CALL
Medtronic
MDT
$119B
| $132M | 0.04% |
1,338,100
+284,600
| +27% | +$26.3M |
|
356
PUT
Under Armour
UAA
$2.32B
| $131M | 0.04% |
6,186,100
+532,500
| +9% | +$11.1M |
|
|
APC
357
PUT
DELISTED
Anadarko Petroleum
APC
| $131M | 0.04% |
1,943,400
+1,371,800
| +240% | +$92.6M |
|
358
PUT
Gen Digital
GEN
$17.3B
| $130M | 0.04% |
6,112,900
+1,316,200
| +27% | +$26.8M |
|
359
PUT
Mondelez International
MDLZ
$82.3B
| $129M | 0.04% |
3,009,800
-482,200
| -14% | -$20.6M |
|
360
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $129M | 0.04% |
3,358,500
+183,000
| +6% | +$6.72M |
|
|
X
361
PUT
DELISTED
US Steel
X
| $127M | 0.04% |
4,166,600
-580,600
| -12% | -$18.7M |
|
362
CALL
Kimberly-Clark
KMB
$36.4B
| $127M | 0.04% |
1,114,100
+199,400
| +22% | +$22.4M |
|
363
PUT
Arista Networks
ANET
$238B
| $126M | 0.04% |
7,612,800
+836,800
| +12% | +$14.2M |
|
364
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $126M | 0.04% |
1,579,500
+341,000
| +28% | +$27.8M |
|
365
CALL
Petrobras
PBR
$123B
| $126M | 0.04% |
10,411,900
+3,628,500
| +53% | +$40.2M |
|
366
PUT
United States Natural Gas Fund
UNG
$506M
| $125M | 0.04% |
1,263,425
+138,850
| +12% | +$13M |
|
367
Snap
SNAP
$8.86B
| $125M | 0.04% |
14,786,209
+10,705,086
| +262% | +$124M |
|
368
PUT
Marathon Petroleum
MPC
$101B
| $125M | 0.04% |
1,561,000
+629,900
| +68% | +$49.8M |
|
369
PUT
Texas Instruments
TXN
$241B
| $125M | 0.04% |
1,162,600
+40,100
| +4% | +$4.46M |
|
370
CALL
FedEx
FDX
$76.9B
| $124M | 0.04% |
516,900
-381,400
| -42% | -$92.3M |
|
371
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $124M | 0.04% |
1,582,200
-198,200
| -11% | -$15.1M |
|
|
ANDV
372
PUT
DELISTED
Andeavor
ANDV
| $124M | 0.04% |
808,100
-84,600
| -9% | -$12.5M |
|
373
Blackstone
BX
$108B
| $124M | 0.04% |
3,254,283
-580,383
| -15% | -$21M |
|
374
PUT
Spotify
SPOT
$110B
| $124M | 0.04% |
684,900
+113,900
| +20% | +$20.9M |
|
375
PUT
Capital One
COF
$134B
| $124M | 0.04% |
1,302,700
+334,200
| +35% | +$32.5M |
|
Similar funds
Jeff Yass's Q3 2018 Portfolio in Review
As of Q3 2018, Jeff Yass held 11,024 positions worth $304B, up 4.3% from $291B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q3 2018 filing shows 1,516 new, 3,541 increased, 3,939 reduced and 1,939 closed positions. Its largest new stake was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M. The largest sale was Altaba Inc, an estimated $948M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.7% of assets, up from 0.99% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q3 2018 buy was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M.
- Jeff Yass added most to Amazon in Q3 2018, an estimated $1.34B increase.
- Jeff Yass's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $948M.
- Jeff Yass fully exited iShares MSCI EAFE ETF in Q3 2018, selling an estimated $210M.
- Jeff Yass's ten largest holdings make up 27% of its $304B portfolio in Q3 2018.
- Jeff Yass opened 1,516 new positions and closed 1,939 in Q3 2018.
- Jeff Yass's portfolio value rose 4.3% quarter-over-quarter to $304B.
Based on Susquehanna International Group's 13F filing for Q3 2018, filed 14 Nov 2018.