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 | |
|---|---|---|---|---|---|---|
|
AIG.WS
526
DELISTED
American International Group, Inc.
AIG.WS
| $70M | 0.02% |
4,826,368
-972,418
| -17% | -$15.1M |
|
527
PUT
AB InBev
BUD
$157B
| $70M | 0.02% |
694,300
-1,485,500
| -68% | -$147M |
|
528
PUT
Alcoa
AA
$13.5B
| $70M | 0.02% |
1,492,100
+293,200
| +24% | +$14.7M |
|
529
PUT
TripAdvisor
TRIP
$1.21B
| $69.4M | 0.02% |
1,246,600
+483,400
| +63% | +$23.1M |
|
530
PUT
Ralph Lauren
RL
$22B
| $69.3M | 0.02% |
551,000
+16,200
| +3% | +$1.97M |
|
531
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$400M
| $69.2M | 0.02% |
322,048
+87,984
| +38% | +$16.5M |
|
532
iQIYI
IQ
$984M
| $69M | 0.02% |
+2,135,032
| New | +$52M |
|
533
PUT
PNC Financial Services
PNC
$98B
| $68.8M | 0.02% |
509,300
+231,900
| +84% | +$33.8M |
|
|
ESRX
534
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $68.7M | 0.02% |
890,400
+61,900
| +7% | +$4.64M |
|
535
PUT
Autodesk
ADSK
$54B
| $68.7M | 0.02% |
524,200
-574,900
| -52% | -$76.2M |
|
536
CALL
Southern Company
SO
$103B
| $68.5M | 0.02% |
1,479,100
-114,000
| -7% | -$5.1M |
|
|
PARA
537
PUT
DELISTED
Paramount Global Class B
PARA
| $68.3M | 0.02% |
1,214,400
+539,700
| +80% | +$28.2M |
|
538
CALL
Petrobras
PBR
$119B
| $68M | 0.02% |
6,783,400
-682,400
| -9% | -$8.74M |
|
539
CALL
eBay
EBAY
$47B
| $67.9M | 0.02% |
1,873,200
+408,900
| +28% | +$15.9M |
|
540
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $67.8M | 0.02% |
1,240,600
-637,000
| -34% | -$33.7M |
|
541
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$682B
| $67.7M | 0.02% |
481,800
+800
| +0.2% | +$112K |
|
542
CALL
Western Digital
WDC
$153B
| $67.6M | 0.02% |
1,155,641
-1,711,829
| -60% | -$109M |
|
543
CALL
Freeport-McMoran
FCX
$111B
| $67.3M | 0.02% |
3,902,100
+177,900
| +5% | +$3.02M |
|
544
CVS Health
CVS
$119B
| $67.2M | 0.02% |
1,044,769
-266,631
| -20% | -$17.6M |
|
545
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $67M | 0.02% |
584,600
-222,700
| -28% | -$25.6M |
|
546
CALL
Trade Desk
TTD
$6.23B
| $66.9M | 0.02% |
7,137,000
+2,035,000
| +40% | +$14.3M |
|
547
CALL
KKR & Co
KKR
$98.1B
| $66.5M | 0.02% |
2,674,300
+1,832,400
| +218% | +$40.7M |
|
548
Lockheed Martin
LMT
$129B
| $66.4M | 0.02% |
224,777
-122,960
| -35% | -$39.7M |
|
549
PUT
MetLife
MET
$60.7B
| $66.4M | 0.02% |
1,522,900
-156,400
| -9% | -$7.29M |
|
550
PUT
Devon Energy
DVN
$53.8B
| $66.4M | 0.02% |
1,509,900
-356,600
| -19% | -$13.8M |
|
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.