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 | |
|---|---|---|---|---|---|---|
401
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $90M | 0.04% |
2,363,500
+833,200
| +54% | +$32.3M |
|
402
Snap
SNAP
$8.86B
| $89.7M | 0.04% |
16,285,761
+1,499,552
| +10% | +$9.75M |
|
403
TSMC
TSM
$2.17T
| $89.3M | 0.04% |
2,420,701
+2,391,135
| +8,087% | +$91M |
|
404
Kraft Heinz
KHC
$30.3B
| $89.1M | 0.04% |
2,071,332
-28,780
| -1% | -$1.49M |
|
405
Wynn Resorts
WYNN
$10.3B
| $88.8M | 0.04% |
897,392
-733,285
| -45% | -$79.1M |
|
406
PUT
DuPont de Nemours
DD
$18.7B
| $88.5M | 0.04% |
653,805
-1,184
| -0.2% | -$170K |
|
407
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $88.4M | 0.04% |
292,103
+281,066
| +2,547% | +$93.6M |
|
|
X
408
PUT
DELISTED
US Steel
X
| $88.2M | 0.04% |
4,833,600
+667,000
| +16% | +$16.7M |
|
409
United States Oil Fund
USO
$2.1B
| $88.1M | 0.04% |
1,140,350
+999,493
| +710% | +$101M |
|
410
CALL
Universal Display
OLED
$3.95B
| $88M | 0.04% |
940,800
+64,300
| +7% | +$6.49M |
|
411
CALL
Northrop Grumman
NOC
$78.3B
| $87.6M | 0.03% |
357,600
+141,000
| +65% | +$39M |
|
412
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$304M
| $87M | 0.03% |
2,475,200
-883,300
| -26% | -$34.5M |
|
413
CALL
FedEx
FDX
$76.9B
| $86.9M | 0.03% |
538,800
+21,900
| +4% | +$4.63M |
|
414
CALL
CSX Corp
CSX
$95.6B
| $86.5M | 0.03% |
4,177,200
+138,900
| +3% | +$3.19M |
|
415
PUT
Philip Morris
PM
$293B
| $86.1M | 0.03% |
1,289,800
-1,105,000
| -46% | -$92.3M |
|
416
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $86M | 0.03% |
2,844,700
+320,500
| +13% | +$9.01M |
|
417
iShares Russell 2000 ETF
IWM
$81.9B
| $85.8M | 0.03% |
640,530
-507,700
| -44% | -$75.8M |
|
418
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $85M | 0.03% |
1,134,800
-33,100
| -3% | -$2.6M |
|
419
CALL
Marathon Petroleum
MPC
$101B
| $84.8M | 0.03% |
1,436,200
+435,100
| +43% | +$29.7M |
|
420
CALL
Halliburton
HAL
$29.4B
| $84.7M | 0.03% |
3,188,100
+976,900
| +44% | +$33M |
|
421
Nike
NKE
$60.5B
| $84M | 0.03% |
1,132,974
+683,887
| +152% | +$51.2M |
|
422
PUT
HSBC
HSBC
$357B
| $83.7M | 0.03% |
2,110,707
+1,052,086
| +99% | +$42.1M |
|
|
423
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $83.3M | 0.03% |
275,300
+37,800
| +16% | +$12.6M |
|
424
PUT
United Rentals
URI
$68.4B
| $83.3M | 0.03% |
812,300
+126,900
| +19% | +$15.3M |
|
|
PPLI
425
PUT
People Inc
PPLI
$2.86B
| $82.9M | 0.03% |
2,533,601
-1,279,110
| -34% | -$42.9M |
|
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.