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 | |
|---|---|---|---|---|---|---|
|
51
PUT
Walt Disney
DIS
$186B
| $713M | 0.24% |
6,805,500
+2,665,100
| +64% | +$273M |
|
52
CALL
Micron Technology
MU
$1.09T
| $692M | 0.24% |
13,189,100
-4,240,600
| -24% | -$229M |
|
53
CALL
Bank of America
BAC
$431B
| $686M | 0.24% |
23,924,400
+2,616,600
| +12% | +$78.1M |
|
54
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $668M | 0.23% |
77,475,000
+34,095,000
| +79% | +$279M |
|
55
PUT
Baidu
BIDU
$31.6B
| $658M | 0.23% |
2,706,100
+1,134,700
| +72% | +$283M |
|
56
CALL
Citigroup
C
$221B
| $655M | 0.23% |
9,793,500
-892,000
| -8% | -$61.4M |
|
57
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $634M | 0.22% |
12,341,800
-1,984,400
| -14% | -$104M |
|
|
AABA
58
PUT
DELISTED
Altaba Inc
AABA
| $626M | 0.21% |
8,547,000
+6,572,700
| +333% | +$492M |
|
59
CALL
Boeing
BA
$169B
| $592M | 0.2% |
1,763,900
+128,600
| +8% | +$44.2M |
|
|
60
Micron Technology
MU
$1.09T
| $588M | 0.2% |
11,214,780
+1,954,010
| +21% | +$106M |
|
61
PUT
JD.com
JD
$39.7B
| $586M | 0.2% |
15,042,100
+3,792,400
| +34% | +$146M |
|
62
PUT
JPMorgan Chase
JPM
$935B
| $581M | 0.2% |
5,533,200
+1,095,100
| +25% | +$120M |
|
63
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $573M | 0.2% |
13,336,700
+3,248,600
| +32% | +$152M |
|
|
XYZ
64
PUT
Block Inc
XYZ
$49.4B
| $566M | 0.19% |
9,180,800
+1,302,400
| +17% | +$71.6M |
|
|
65
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $561M | 0.19% |
64,995,000
+11,075,000
| +21% | +$90.5M |
|
66
PUT
Gilead Sciences
GILD
$181B
| $558M | 0.19% |
7,871,100
+957,100
| +14% | +$67.6M |
|
|
CELG
67
CALL
DELISTED
Celgene Corp
CELG
| $557M | 0.19% |
7,014,500
+1,898,400
| +37% | +$158M |
|
68
PUT
IBM
IBM
$222B
| $554M | 0.19% |
4,149,168
-240,266
| -5% | -$33.5M |
|
69
Berkshire Hathaway Class B
BRK.B
$1.06T
| $552M | 0.19% |
2,955,859
+1,861,826
| +170% | +$363M |
|
70
CALL
Intel
INTC
$476B
| $548M | 0.19% |
11,017,600
-4,123,500
| -27% | -$219M |
|
|
71
CALL
JD.com
JD
$39.7B
| $542M | 0.19% |
13,923,900
+5,847,300
| +72% | +$226M |
|
72
CALL
ExxonMobil
XOM
$679B
| $540M | 0.19% |
6,530,500
+2,206,000
| +51% | +$176M |
|
|
CELG
73
PUT
DELISTED
Celgene Corp
CELG
| $538M | 0.18% |
6,777,700
+96,900
| +1% | +$8.05M |
|
|
74
Amazon
AMZN
$2.79T
| $536M | 0.18% |
6,306,960
-12,655,020
| -67% | -$1B |
|
|
75
PUT
Goldman Sachs
GS
$303B
| $534M | 0.18% |
2,422,900
+583,200
| +32% | +$139M |
|
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.