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 |
Amazon
AMZN
|
+$1.34B |
| 2 |
Meta Platforms (Facebook)
META
|
+$684M |
| 3 |
Tesla
TSLA
|
+$290M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$282M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$223M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$948M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$575M |
| 3 |
Walt Disney
DIS
|
+$382M |
| 4 |
Boeing
BA
|
+$335M |
| 5 |
Apple
AAPL
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.71% |
| 2 | Technology | 1.31% |
| 3 | Communication Services | 1.07% |
| 4 | Financials | 0.9% |
| 5 | Healthcare | 0.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
PUT
Intel
INTC
$476B
| $768M | 0.25% |
16,242,900
+1,452,800
| +10% | +$70.7M |
|
|
52
Meta Platforms (Facebook)
META
$1.4T
| $767M | 0.25% |
4,666,596
+3,776,065
| +424% | +$684M |
|
53
CALL
Bank of America
BAC
$431B
| $761M | 0.25% |
25,840,600
+1,916,200
| +8% | +$58.4M |
|
54
CALL
Citigroup
C
$221B
| $739M | 0.24% |
10,305,900
+512,400
| +5% | +$36.2M |
|
55
CALL
IBM
IBM
$222B
| $718M | 0.24% |
4,969,441
+1,421,827
| +40% | +$199M |
|
56
CALL
SPDR Gold Trust
GLD
$152B
| $713M | 0.23% |
6,325,200
-1,638,500
| -21% | -$188M |
|
57
CALL
Micron Technology
MU
$1.09T
| $706M | 0.23% |
15,603,700
+2,414,600
| +18% | +$122M |
|
58
PUT
Baidu
BIDU
$31.6B
| $698M | 0.23% |
3,051,500
+345,400
| +13% | +$81.2M |
|
59
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $690M | 0.23% |
75,930,000
+10,935,000
| +17% | +$104M |
|
|
60
Micron Technology
MU
$1.09T
| $667M | 0.22% |
14,745,347
+3,530,567
| +31% | +$178M |
|
61
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $654M | 0.22% |
15,262,200
+1,925,500
| +14% | +$81.5M |
|
62
CALL
Visa
V
$693B
| $623M | 0.21% |
4,149,100
+519,400
| +14% | +$73.9M |
|
63
CALL
JPMorgan Chase
JPM
$935B
| $607M | 0.2% |
5,380,500
+648,400
| +14% | +$73.6M |
|
64
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $596M | 0.2% |
2,782,000
-1,133,800
| -29% | -$233M |
|
65
CALL
Procter & Gamble
PG
$336B
| $582M | 0.19% |
6,991,500
+2,682,600
| +62% | +$219M |
|
66
PUT
Salesforce
CRM
$171B
| $575M | 0.19% |
3,613,600
+1,161,000
| +47% | +$172M |
|
|
XYZ
67
CALL
Block Inc
XYZ
$49.4B
| $553M | 0.18% |
5,589,000
+341,800
| +7% | +$26.4M |
|
68
PUT
Lam Research
LRCX
$393B
| $552M | 0.18% |
36,420,000
+10,220,000
| +39% | +$175M |
|
69
CALL
United Parcel Service
UPS
$86.8B
| $546M | 0.18% |
4,674,600
-325,900
| -7% | -$38.4M |
|
70
PUT
Goldman Sachs
GS
$303B
| $545M | 0.18% |
2,429,900
+7,000
| +0.3% | +$1.63M |
|
71
CALL
AT&T
T
$173B
| $540M | 0.18% |
21,286,080
+303,196
| +1% | +$7.43M |
|
72
CALL
ExxonMobil
XOM
$679B
| $530M | 0.17% |
6,235,300
-295,200
| -5% | -$24.1M |
|
73
CALL
Walmart Inc
WMT
$825B
| $529M | 0.17% |
16,911,300
+8,874,000
| +110% | +$271M |
|
|
74
PUT
JPMorgan Chase
JPM
$935B
| $524M | 0.17% |
4,645,100
-888,100
| -16% | -$101M |
|
75
PUT
Tilray
TLRY
$666M
| $519M | 0.17% |
+361,580
| New | +$232M |
|
Similar funds
Jeff Yass's Q3 2018 Portfolio in Review
As of Q3 2018, Jeff Yass held 11,024 positions worth $304B, up 4.3% from $291B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q3 2018 filing shows 1,516 new, 3,541 increased, 3,939 reduced and 1,939 closed positions. Its largest new stake was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M. The largest sale was Altaba Inc, an estimated $948M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.7% of assets, up from 0.99% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q3 2018 buy was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M.
- Jeff Yass added most to Amazon in Q3 2018, an estimated $1.34B increase.
- Jeff Yass's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $948M.
- Jeff Yass fully exited iShares MSCI EAFE ETF in Q3 2018, selling an estimated $210M.
- Jeff Yass's ten largest holdings make up 27% of its $304B portfolio in Q3 2018.
- Jeff Yass opened 1,516 new positions and closed 1,939 in Q3 2018.
- Jeff Yass's portfolio value rose 4.3% quarter-over-quarter to $304B.
Based on Susquehanna International Group's 13F filing for Q3 2018, filed 14 Nov 2018.