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 | |
|---|---|---|---|---|---|---|
401
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $103M | 0.04% |
605,900
+287,200
| +90% | +$44.5M |
|
402
PUT
Kinder Morgan
KMI
$69B
| $102M | 0.04% |
5,791,400
-1,510,600
| -21% | -$24.7M |
|
403
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $101M | 0.03% |
923,400
-759,500
| -45% | -$81.2M |
|
404
CALL
Shopify
SHOP
$192B
| $101M | 0.03% |
6,927,000
-2,384,000
| -26% | -$33.7M |
|
405
CALL
Equinix
EQIX
$105B
| $101M | 0.03% |
234,600
+141,700
| +153% | +$57.3M |
|
|
X
406
CALL
DELISTED
US Steel
X
| $100M | 0.03% |
2,884,800
-1,358,300
| -32% | -$48.6M |
|
407
PUT
State Street SPDR S&P Retail ETF
XRT
$491M
| $100M | 0.03% |
2,061,000
+701,600
| +52% | +$32.7M |
|
408
CALL
CSX Corp
CSX
$95.6B
| $100M | 0.03% |
4,703,700
-685,500
| -13% | -$14.1M |
|
409
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $99.8M | 0.03% |
1,238,500
-671,400
| -35% | -$51.7M |
|
|
PXD
410
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $99.6M | 0.03% |
526,400
+114,200
| +28% | +$21.9M |
|
411
CALL
Spotify
SPOT
$110B
| $99.4M | 0.03% |
+591,000
| New | +$94.5M |
|
412
PUT
Gen Digital
GEN
$17.3B
| $99.1M | 0.03% |
4,796,700
+3,446,300
| +255% | +$82.8M |
|
413
PUT
Albemarle
ALB
$16.9B
| $98.6M | 0.03% |
1,044,800
-162,200
| -13% | -$15.6M |
|
414
PUT
Nutanix
NTNX
$18.3B
| $98.4M | 0.03% |
1,907,300
+1,047,200
| +122% | +$57.6M |
|
415
PUT
Humana
HUM
$45.5B
| $98.2M | 0.03% |
330,100
-386,000
| -54% | -$113M |
|
|
WW
416
PUT
DELISTED
WW International
WW
| $98.2M | 0.03% |
970,900
-478,200
| -33% | -$37.6M |
|
417
CALL
Philip Morris
PM
$293B
| $96.5M | 0.03% |
1,194,900
-186,100
| -13% | -$15.8M |
|
418
CALL
Kimberly-Clark
KMB
$36.4B
| $96.4M | 0.03% |
914,700
+269,600
| +42% | +$28M |
|
|
419
PUT
Spotify
SPOT
$110B
| $96.1M | 0.03% |
+571,000
| New | +$91.3M |
|
|
RHT
420
PUT
DELISTED
Red Hat Inc
RHT
| $96M | 0.03% |
714,300
+81,300
| +13% | +$13.1M |
|
421
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $95.5M | 0.03% |
1,144,300
-365,900
| -24% | -$30.3M |
|
422
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $95M | 0.03% |
2,016,100
+725,000
| +56% | +$34.9M |
|
|
PPLI
423
PUT
People Inc
PPLI
$2.86B
| $95M | 0.03% |
3,485,939
+1,232,109
| +55% | +$33.7M |
|
424
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $94.7M | 0.03% |
1,503,400
+405,800
| +37% | +$26.6M |
|
425
PUT
VanEck Gold Miners ETF
GDX
$32B
| $94.5M | 0.03% |
4,235,000
-748,300
| -15% | -$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.