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 | |
|---|---|---|---|---|---|---|
|
HES
426
CALL
DELISTED
Hess
HES
| $94.3M | 0.03% |
1,409,100
+678,900
| +93% | +$40.6M |
|
427
CALL
Cheniere Energy
LNG
$57.3B
| $92.9M | 0.03% |
1,425,200
+618,000
| +77% | +$38M |
|
428
PUT
W.W. Grainger
GWW
$61.8B
| $92.2M | 0.03% |
298,900
-71,700
| -19% | -$21.4M |
|
429
PUT
MGM Resorts International
MGM
$11B
| $91.9M | 0.03% |
3,164,300
+1,028,800
| +48% | +$33.2M |
|
430
PUT
CSX Corp
CSX
$95.6B
| $90.5M | 0.03% |
4,258,800
-738,600
| -15% | -$15.2M |
|
431
CALL
Medtronic
MDT
$119B
| $90.2M | 0.03% |
1,053,500
+60,400
| +6% | +$5.04M |
|
432
PUT
Herbalife
HLF
$1.33B
| $89.9M | 0.03% |
1,674,100
-812,100
| -33% | -$42.7M |
|
433
CALL
MetLife
MET
$60B
| $89.7M | 0.03% |
2,057,500
-623,600
| -23% | -$29.1M |
|
434
PUT
Southwest Airlines
LUV
$19.8B
| $89.5M | 0.03% |
1,758,900
+739,700
| +73% | +$38.9M |
|
435
PUT
TSMC
TSM
$2.17T
| $89.3M | 0.03% |
2,443,000
+1,268,900
| +108% | +$50.1M |
|
|
EA
436
DELISTED
Electronic Arts
EA
| $89.2M | 0.03% |
632,588
+615,886
| +3,687% | +$80M |
|
437
PUT
Capital One
COF
$134B
| $89M | 0.03% |
968,500
+324,300
| +50% | +$30.7M |
|
438
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $88.9M | 0.03% |
776,100
+428,800
| +123% | +$49.4M |
|
439
PUT
BP
BP
$115B
| $88.7M | 0.03% |
2,063,624
-131,762
| -6% | -$5.54M |
|
440
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $88.4M | 0.03% |
2,704,000
-815,000
| -23% | -$26.8M |
|
|
B
441
Barrick Mining
B
$78.3B
| $88.3M | 0.03% |
6,726,165
+68,075
| +1% | +$893K |
|
442
CALL
Macy's
M
$6B
| $88.1M | 0.03% |
2,353,300
-383,200
| -14% | -$12.8M |
|
443
PUT
Wayfair
W
$13.9B
| $88M | 0.03% |
741,000
+158,500
| +27% | +$13.8M |
|
444
CALL
American Tower
AMT
$81.9B
| $87.6M | 0.03% |
607,700
-16,100
| -3% | -$2.24M |
|
445
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $87M | 0.03% |
1,688,400
-1,268,300
| -43% | -$64.4M |
|
446
CALL
ProShares UltraPro Short S&P 500
SPXU
$392M
| $86.9M | 0.03% |
21,702
+17,228
| +385% | +$70.9M |
|
447
PUT
General Mills
GIS
$21.4B
| $86.2M | 0.03% |
1,948,200
+900,700
| +86% | +$39.4M |
|
448
PUT
Marriott International
MAR
$92.9B
| $86.1M | 0.03% |
680,300
-103,700
| -13% | -$14.1M |
|
449
PUT
Trip.com Group
TCOM
$29B
| $86.1M | 0.03% |
1,807,800
-88,800
| -5% | -$4.01M |
|
450
PUT
Universal Display
OLED
$3.95B
| $85.8M | 0.03% |
998,200
-50,100
| -5% | -$4.78M |
|
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.