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 |
Meta Platforms (Facebook)
META
|
+$944M |
| 2 |
Amazon
AMZN
|
+$935M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$517M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$341M |
| 5 |
Netflix
NFLX
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.29B |
| 2 |
NVIDIA
NVDA
|
+$588M |
| 3 |
Bank of America
BAC
|
+$289M |
| 4 |
Intel
INTC
|
+$288M |
| 5 |
Union Pacific
UNP
|
+$281M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.83% |
| 2 | Communication Services | 1.58% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Healthcare | 0.84% |
| 5 | Financials | 0.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
Boeing
BA
$169B
| $1.79B | 0.64% |
5,448,700
+625,500
| +13% | +$211M |
|
|
27
Apple
AAPL
$4.51T
| $1.61B | 0.57% |
38,420,980
-29,898,812
| -44% | -$1.29B |
|
28
CALL
Tesla
TSLA
$1.43T
| $1.48B | 0.53% |
83,443,500
-21,649,500
| -21% | -$476M |
|
|
29
Meta Platforms (Facebook)
META
$1.4T
| $1.47B | 0.52% |
9,214,494
+5,258,188
| +133% | +$944M |
|
|
30
CALL
Union Pacific
UNP
$183B
| $1.39B | 0.49% |
10,304,000
-10,928,300
| -51% | -$1.47B |
|
|
31
Amazon
AMZN
$2.79T
| $1.37B | 0.49% |
18,961,980
+13,078,000
| +222% | +$935M |
|
32
PUT
Micron Technology
MU
$1.09T
| $1.35B | 0.48% |
25,985,300
-2,276,300
| -8% | -$109M |
|
|
33
PUT
Bank of America
BAC
$431B
| $1.31B | 0.47% |
43,530,500
-21,269,900
| -33% | -$668M |
|
34
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $1.24B | 0.44% |
17,819,500
-5,917,800
| -25% | -$422M |
|
35
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.23B | 0.44% |
25,401,200
-84,700
| -0.3% | -$4.15M |
|
36
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.18B | 0.42% |
9,695,000
+1,072,900
| +12% | +$130M |
|
|
37
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.15B | 0.41% |
9,463,600
+729,800
| +8% | +$88.2M |
|
|
VXX
38
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $1.11B | 0.39% |
23,416,100
-1,556,700
| -6% | -$59M |
|
39
CALL
Microsoft
MSFT
$3.59T
| $1.1B | 0.39% |
12,007,100
+607,200
| +5% | +$55.5M |
|
40
CALL
Norfolk Southern
NSC
$78.8B
| $1.07B | 0.38% |
7,881,800
-1,379,000
| -15% | -$198M |
|
|
41
PUT
Microsoft
MSFT
$3.59T
| $1.07B | 0.38% |
11,716,300
-3,301,700
| -22% | -$302M |
|
|
42
Alphabet (Google) Class A
GOOGL
$4.22T
| $990M | 0.35% |
19,096,140
+9,326,720
| +95% | +$517M |
|
43
CALL
JPMorgan Chase
JPM
$935B
| $943M | 0.34% |
8,571,000
+1,040,600
| +14% | +$118M |
|
|
44
CALL
Micron Technology
MU
$1.09T
| $909M | 0.32% |
17,429,700
-3,274,900
| -16% | -$157M |
|
45
CALL
Marriott International
MAR
$92.9B
| $884M | 0.32% |
6,500,100
-31,500
| -0.5% | -$4.41M |
|
46
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $879M | 0.31% |
3,640,400
+1,219,000
| +50% | +$306M |
|
47
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $873M | 0.31% |
4,375,800
+567,800
| +15% | +$117M |
|
|
VXX
48
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $864M | 0.31% |
18,264,000
-298,600
| -2% | -$11.3M |
|
|
49
CALL
Intel
INTC
$476B
| $789M | 0.28% |
15,141,100
+6,280,900
| +71% | +$298M |
|
50
PUT
Wells Fargo
WFC
$254B
| $767M | 0.27% |
14,628,800
+5,607,100
| +62% | +$333M |
|
Similar funds
Jeff Yass's Q1 2018 Portfolio in Review
As of Q1 2018, Jeff Yass held 10,979 positions worth $281B, down 1% from $283B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q1 2018 filing shows 1,821 new, 3,804 increased, 3,502 reduced and 1,753 closed positions. Its largest new stake was iShares 0-1 Year Treasury Bond ETF: 3,090,594 shares worth $341M. The largest sale was Apple, an estimated $1.29B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.6% a quarter earlier, followed by Communication Services and Consumer Discretionary.
- Jeff Yass's largest Q1 2018 buy was iShares 0-1 Year Treasury Bond ETF: 3,090,594 shares worth $341M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q1 2018, an estimated $944M increase.
- Jeff Yass's biggest Q1 2018 reduction was Apple, cutting an estimated $1.29B.
- Jeff Yass fully exited iShares MSCI Japan ETF in Q1 2018, selling an estimated $84.1M.
- Jeff Yass's ten largest holdings make up 27% of its $281B portfolio in Q1 2018.
- Jeff Yass opened 1,821 new positions and closed 1,753 in Q1 2018.
- Jeff Yass's portfolio value fell 1% quarter-over-quarter to $281B.
Based on Susquehanna International Group's 13F filing for Q1 2018, filed 15 May 2018.