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 | |
|---|---|---|---|---|---|---|
601
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $50.1M | 0.02% |
443,700
-101,900
| -19% | -$11.5M |
|
602
Vale
VALE
$64B
| $50M | 0.02% |
+3,791,299
| New | +$54.2M |
|
603
Las Vegas Sands
LVS
$30.4B
| $50M | 0.02% |
959,792
+242,152
| +34% | +$13.1M |
|
604
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $49.9M | 0.02% |
1,007,000
-202,800
| -17% | -$10.7M |
|
605
PUT
American Tower
AMT
$83.1B
| $49.8M | 0.02% |
315,000
-40,100
| -11% | -$6.27M |
|
606
CALL
Travelers Companies
TRV
$77.3B
| $49.6M | 0.02% |
414,000
-105,700
| -20% | -$13.2M |
|
607
American Airlines Group
AAL
$9.02B
| $49.5M | 0.02% |
1,542,125
-2,477,592
| -62% | -$86.2M |
|
608
PUT
Crown Castle
CCI
$32.5B
| $49.4M | 0.02% |
455,000
-50,500
| -10% | -$5.55M |
|
609
Gen Digital
GEN
$17.4B
| $49.3M | 0.02% |
2,610,388
-670,322
| -20% | -$13.9M |
|
610
CALL
HCA Healthcare
HCA
$92.9B
| $49.3M | 0.02% |
396,200
-68,700
| -15% | -$9.22M |
|
611
CALL
Seagate
STX
$180B
| $49.3M | 0.02% |
1,276,900
-31,500
| -2% | -$1.33M |
|
612
Progressive
PGR
$130B
| $49.3M | 0.02% |
+816,531
| New | +$54.3M |
|
|
APC
613
CALL
DELISTED
Anadarko Petroleum
APC
| $49.2M | 0.02% |
1,121,900
-172,300
| -13% | -$9.72M |
|
|
TFCFA
614
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $49.1M | 0.02% |
1,020,900
-697,100
| -41% | -$33M |
|
615
CALL
Johnson Controls International
JCI
$86.6B
| $49.1M | 0.02% |
1,656,600
+220,000
| +15% | +$7.26M |
|
|
PPL
616
CALL
PPL Corp
PPL
$26.4B
| $49M | 0.02% |
1,730,500
+946,700
| +121% | +$28.8M |
|
617
Lam Research
LRCX
$388B
| $48.6M | 0.02% |
3,572,580
-9,660,840
| -73% | -$138M |
|
618
CALL
Lumen
LUMN
$5.85B
| $48.6M | 0.02% |
3,206,000
+1,382,600
| +76% | +$26.4M |
|
619
CALL
MGM Resorts International
MGM
$11B
| $48.4M | 0.02% |
1,997,100
-1,173,200
| -37% | -$30.6M |
|
620
PUT
Nutanix
NTNX
$18B
| $48.4M | 0.02% |
1,163,100
-789,300
| -40% | -$32.6M |
|
621
PUT
Stellantis
STLA
$19.7B
| $48.3M | 0.02% |
3,343,300
+1,651,400
| +98% | +$26.6M |
|
622
CALL
Cheniere Energy
LNG
$58B
| $48.3M | 0.02% |
816,200
-550,900
| -40% | -$33.9M |
|
623
PUT
Weibo
WB
$1.72B
| $48.2M | 0.02% |
824,100
-526,400
| -39% | -$31.9M |
|
624
CALL
Eaton
ETN
$159B
| $48.1M | 0.02% |
700,200
+173,800
| +33% | +$13M |
|
625
PUT
Teck Resources
TECK
$34.4B
| $47.9M | 0.02% |
2,224,600
+433,800
| +24% | +$9.41M |
|
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.