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 | |
|---|---|---|---|---|---|---|
51
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $750M | 0.27% |
15,527,400
+10,204,500
| +192% | +$500M |
|
52
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $749M | 0.27% |
3,753,800
+1,107,400
| +42% | +$227M |
|
53
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $747M | 0.27% |
14,326,200
+8,760,200
| +157% | +$461M |
|
54
CALL
Citigroup
C
$221B
| $721M | 0.26% |
10,685,500
-975,300
| -8% | -$73.3M |
|
|
55
PUT
Citigroup
C
$221B
| $702M | 0.25% |
10,398,700
+1,329,500
| +15% | +$99.9M |
|
56
PUT
IBM
IBM
$222B
| $644M | 0.23% |
4,389,434
+488,272
| +13% | +$73.9M |
|
|
57
CALL
Bank of America
BAC
$431B
| $639M | 0.23% |
21,307,800
-6,430,400
| -23% | -$202M |
|
|
58
PUT
Intel
INTC
$476B
| $637M | 0.23% |
12,223,100
+666,800
| +6% | +$31.7M |
|
59
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $625M | 0.22% |
7,298,500
+2,942,100
| +68% | +$254M |
|
60
Boeing
BA
$169B
| $602M | 0.21% |
1,837,102
-71,371
| -4% | -$24.1M |
|
61
PUT
Intuitive Surgical
ISRG
$134B
| $599M | 0.21% |
4,352,400
-1,060,500
| -20% | -$148M |
|
|
CELG
62
PUT
DELISTED
Celgene Corp
CELG
| $596M | 0.21% |
6,680,800
+2,405,100
| +56% | +$231M |
|
63
PUT
Walmart Inc
WMT
$825B
| $595M | 0.21% |
20,078,700
+10,875,600
| +118% | +$350M |
|
64
CALL
United Parcel Service
UPS
$86.8B
| $561M | 0.2% |
5,362,000
-393,300
| -7% | -$45.5M |
|
|
65
Netflix
NFLX
$331B
| $554M | 0.2% |
18,752,190
+11,700,130
| +166% | +$319M |
|
66
CALL
SPDR Gold Trust
GLD
$152B
| $548M | 0.2% |
4,356,900
-871,000
| -17% | -$110M |
|
|
67
CALL
Boeing
BA
$169B
| $536M | 0.19% |
1,635,300
-313,900
| -16% | -$106M |
|
|
AGN
68
PUT
DELISTED
Allergan plc
AGN
| $535M | 0.19% |
3,176,600
-623,300
| -16% | -$105M |
|
|
AABA
69
DELISTED
Altaba Inc
AABA
| $533M | 0.19% |
7,196,034
-2,638,639
| -27% | -$199M |
|
70
CALL
Visa
V
$693B
| $524M | 0.19% |
4,384,400
-7,444,200
| -63% | -$902M |
|
71
PUT
Gilead Sciences
GILD
$181B
| $521M | 0.19% |
6,914,000
-5,669,900
| -45% | -$451M |
|
72
CALL
Goldman Sachs
GS
$303B
| $506M | 0.18% |
2,007,600
+84,700
| +4% | +$22.1M |
|
73
CALL
AT&T
T
$173B
| $499M | 0.18% |
18,540,369
-10,199,831
| -35% | -$284M |
|
74
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $497M | 0.18% |
4,816,700
+3,792,900
| +370% | +$391M |
|
|
75
PUT
AT&T
T
$173B
| $491M | 0.17% |
18,218,902
-5,842,547
| -24% | -$163M |
|
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.