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 | |
|---|---|---|---|---|---|---|
501
PUT
Cummins
CMI
$80.9B
| $74.7M | 0.03% |
561,700
+58,200
| +12% | +$8.71M |
|
502
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $74.5M | 0.03% |
665,100
-473,200
| -42% | -$54.2M |
|
503
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $74.2M | 0.03% |
1,758,600
-580,400
| -25% | -$26.2M |
|
504
PUT
Vale
VALE
$62.1B
| $74.2M | 0.03% |
5,784,400
+340,000
| +6% | +$4.64M |
|
505
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $73.8M | 0.03% |
2,841,200
-4,249,600
| -60% | -$107M |
|
506
CALL
MGM Resorts International
MGM
$11B
| $73.5M | 0.03% |
2,532,800
+265,400
| +12% | +$8.57M |
|
507
SLB Ltd
SLB
$79.9B
| $72.9M | 0.03% |
1,088,127
-448,804
| -29% | -$30.8M |
|
|
STI
508
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $72.9M | 0.03% |
1,103,900
-353,200
| -24% | -$24M |
|
509
Kraft Heinz
KHC
$30.3B
| $72.5M | 0.02% |
1,153,371
-64,546
| -5% | -$3.83M |
|
510
CALL
Nutrien
NTR
$35.9B
| $72.4M | 0.02% |
1,330,900
+483,300
| +57% | +$24M |
|
511
CALL
ServiceNow
NOW
$133B
| $71.9M | 0.02% |
2,085,500
-38,000
| -2% | -$1.32M |
|
512
PUT
Dell
DELL
$286B
| $71.6M | 0.02% |
3,014,856
+927,868
| +44% | +$20.5M |
|
|
RDS.A
513
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $71.3M | 0.02% |
1,029,500
-179,600
| -15% | -$12.4M |
|
|
ALXN
514
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $71.3M | 0.02% |
574,000
-592,500
| -51% | -$69.2M |
|
515
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $71.2M | 0.02% |
418,800
+115,600
| +38% | +$17.9M |
|
516
PUT
American Tower
AMT
$81.9B
| $71.1M | 0.02% |
493,200
-30,800
| -6% | -$4.28M |
|
|
RDS.A
517
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $71.1M | 0.02% |
1,026,600
+362,100
| +54% | +$25.1M |
|
518
NetEase
NTES
$82.1B
| $70.8M | 0.02% |
1,401,180
-139,035
| -9% | -$7.1M |
|
|
ESRX
519
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $70.5M | 0.02% |
912,500
-50,300
| -5% | -$3.77M |
|
520
CALL
New Oriental
EDU
$8.88B
| $70.4M | 0.02% |
743,700
+373,600
| +101% | +$35.7M |
|
521
PUT
Dollar Tree
DLTR
$25.3B
| $70.4M | 0.02% |
827,900
+318,100
| +62% | +$29.3M |
|
522
CALL
Ulta Beauty
ULTA
$22.4B
| $70.4M | 0.02% |
301,400
-234,300
| -44% | -$56.6M |
|
523
CALL
Nucor
NUE
$55.3B
| $70.3M | 0.02% |
1,124,900
+241,400
| +27% | +$15.4M |
|
524
CALL
TJX Companies
TJX
$155B
| $70.2M | 0.02% |
1,474,200
+265,400
| +22% | +$11.7M |
|
525
CALL
C.H. Robinson
CHRW
$16.5B
| $70.1M | 0.02% |
837,600
-215,100
| -20% | -$19.2M |
|
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.