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 | |
|---|---|---|---|---|---|---|
|
AMRN
426
PUT
Amarin Corp
AMRN
$294M
| $82.9M | 0.03% |
304,395
+237,570
| +356% | +$86.6M |
|
427
Freeport-McMoran
FCX
$110B
| $82.8M | 0.03% |
8,033,915
+1,541,922
| +24% | +$18M |
|
428
PUT
Cummins
CMI
$78.9B
| $82.6M | 0.03% |
618,400
+64,900
| +12% | +$9.16M |
|
429
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$300M
| $82.5M | 0.03% |
2,348,800
-337,300
| -13% | -$13.2M |
|
430
CALL
O'Reilly Automotive
ORLY
$73.2B
| $82.5M | 0.03% |
3,594,000
+1,081,500
| +43% | +$24.6M |
|
431
CALL
KKR & Co
KKR
$97.6B
| $81.9M | 0.03% |
4,173,900
+724,700
| +21% | +$16.6M |
|
432
Workday
WDAY
$49.5B
| $80.8M | 0.03% |
506,001
+463,452
| +1,089% | +$65.7M |
|
433
CALL
Western Digital
WDC
$157B
| $80.7M | 0.03% |
2,886,918
+1,306,462
| +83% | +$46.3M |
|
434
PUT
Expedia Group
EXPE
$40.3B
| $80.3M | 0.03% |
712,500
-62,800
| -8% | -$7.51M |
|
435
PUT
Seagate
STX
$183B
| $79.4M | 0.03% |
2,058,800
+83,700
| +4% | +$3.52M |
|
436
AT&T
T
$176B
| $79.2M | 0.03% |
3,673,051
-7,182,434
| -66% | -$167M |
|
|
PXD
437
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $79.1M | 0.03% |
601,700
+82,300
| +16% | +$12.6M |
|
438
PUT
Lumen
LUMN
$5.89B
| $79.1M | 0.03% |
5,222,000
-2,101,600
| -29% | -$40.1M |
|
439
CALL
W.W. Grainger
GWW
$62.1B
| $79.1M | 0.03% |
280,000
+43,000
| +18% | +$12.8M |
|
440
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $78.9M | 0.03% |
759,200
+233,400
| +44% | +$24.4M |
|
441
PUT
PepsiCo
PEP
$198B
| $78.7M | 0.03% |
712,100
-500
| -0.1% | -$56.4K |
|
442
CALL
Autodesk
ADSK
$53.5B
| $78.7M | 0.03% |
611,600
+82,600
| +16% | +$11.2M |
|
443
PUT
Cheniere Energy
LNG
$57.4B
| $78.1M | 0.03% |
1,320,200
+51,800
| +4% | +$3.19M |
|
444
PUT
Marriott International
MAR
$93.2B
| $77.9M | 0.03% |
717,400
+86,100
| +14% | +$9.89M |
|
445
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $76.9M | 0.03% |
457,500
-671,600
| -59% | -$125M |
|
446
CALL
ProShares UltraPro QQQ
TQQQ
$35B
| $76.6M | 0.03% |
16,546,400
+4,568,000
| +38% | +$28.7M |
|
|
BLUE
447
CALL
DELISTED
bluebird bio
BLUE
| $76.4M | 0.03% |
59,459
+21,500
| +57% | +$33M |
|
448
Costco
COST
$429B
| $76.4M | 0.03% |
374,934
+144,640
| +63% | +$32.3M |
|
|
TWTR
449
DELISTED
Twitter, Inc.
TWTR
| $76.4M | 0.03% |
2,656,918
-2,817,001
| -51% | -$88.3M |
|
450
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $76.3M | 0.03% |
2,884,800
-663,400
| -19% | -$18M |
|
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.