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 | |
|---|---|---|---|---|---|---|
76
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $516M | 0.17% |
12,058,300
+4,864,400
| +68% | +$206M |
|
77
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $512M | 0.17% |
5,566
+4,398
| +377% | +$491M |
|
78
PUT
AT&T
T
$173B
| $507M | 0.17% |
19,990,149
-11,266,446
| -36% | -$276M |
|
79
CALL
Constellation Brands
STZ
$23.2B
| $502M | 0.17% |
2,327,700
+110,400
| +5% | +$23.5M |
|
80
PUT
IBM
IBM
$222B
| $502M | 0.17% |
3,471,883
-677,285
| -16% | -$94.6M |
|
81
PUT
JD.com
JD
$39.7B
| $498M | 0.16% |
19,085,600
+4,043,500
| +27% | +$132M |
|
82
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $498M | 0.16% |
11,521,700
-246,800
| -2% | -$10.7M |
|
|
83
CALL
Walt Disney
DIS
$186B
| $494M | 0.16% |
4,227,100
+641,700
| +18% | +$71.4M |
|
84
PUT
Walmart Inc
WMT
$825B
| $493M | 0.16% |
15,740,100
+1,611,300
| +11% | +$49.3M |
|
85
PUT
Biogen
BIIB
$32B
| $486M | 0.16% |
1,376,200
+288,900
| +27% | +$99.5M |
|
|
86
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $467M | 0.15% |
13,840,000
+5,750,100
| +71% | +$194M |
|
87
PUT
Visa
V
$693B
| $464M | 0.15% |
3,089,900
+401,000
| +15% | +$57M |
|
88
PUT
Gilead Sciences
GILD
$181B
| $459M | 0.15% |
5,941,800
-1,929,300
| -25% | -$146M |
|
89
PUT
Procter & Gamble
PG
$336B
| $456M | 0.15% |
5,481,800
+1,267,400
| +30% | +$104M |
|
90
CALL
Tilray
TLRY
$666M
| $453M | 0.15% |
+315,740
| New | +$203M |
|
|
91
PUT
Walt Disney
DIS
$186B
| $452M | 0.15% |
3,865,100
-2,940,400
| -43% | -$327M |
|
|
92
CALL
Biogen
BIIB
$32B
| $452M | 0.15% |
1,279,000
+329,500
| +35% | +$113M |
|
|
CELG
93
CALL
DELISTED
Celgene Corp
CELG
| $451M | 0.15% |
5,036,600
-1,977,900
| -28% | -$175M |
|
94
CALL
Qualcomm
QCOM
$169B
| $435M | 0.14% |
6,041,300
+1,994,400
| +49% | +$131M |
|
95
CALL
Pfizer
PFE
$160B
| $435M | 0.14% |
10,396,656
+3,428,767
| +49% | +$132M |
|
96
PUT
FedEx
FDX
$76.9B
| $425M | 0.14% |
1,766,900
+174,800
| +11% | +$42.3M |
|
97
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $420M | 0.14% |
7,897,400
-611,000
| -7% | -$32.4M |
|
98
CALL
Cisco
CSCO
$438B
| $419M | 0.14% |
8,604,300
+1,000,500
| +13% | +$45M |
|
99
PUT
Adobe
ADBE
$109B
| $418M | 0.14% |
1,550,000
-426,100
| -22% | -$110M |
|
100
CALL
Johnson & Johnson
JNJ
$651B
| $417M | 0.14% |
3,019,000
+679,700
| +29% | +$90.3M |
|
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.