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 | |
|---|---|---|---|---|---|---|
76
PUT
Qualcomm
QCOM
$169B
| $476M | 0.19% |
8,367,600
+4,012,400
| +92% | +$244M |
|
77
CALL
UnitedHealth
UNH
$350B
| $472M | 0.19% |
1,896,500
+473,200
| +33% | +$125M |
|
78
CALL
Adobe
ADBE
$109B
| $469M | 0.19% |
2,071,400
+600,900
| +41% | +$145M |
|
79
CALL
Intel
INTC
$476B
| $468M | 0.19% |
9,967,300
+2,471,000
| +33% | +$116M |
|
|
80
PUT
Adobe
ADBE
$109B
| $467M | 0.19% |
2,064,100
+514,100
| +33% | +$124M |
|
|
81
CALL
Qualcomm
QCOM
$169B
| $465M | 0.18% |
8,166,400
+2,125,100
| +35% | +$129M |
|
82
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $458M | 0.18% |
2,243
-133
| -6% | -$19.6M |
|
|
XYZ
83
CALL
Block Inc
XYZ
$49.4B
| $458M | 0.18% |
8,163,100
+2,574,100
| +46% | +$182M |
|
84
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $456M | 0.18% |
1,956,900
-1,172,900
| -37% | -$293M |
|
85
CALL
United States Oil Fund
USO
$2.24B
| $452M | 0.18% |
5,844,913
+4,124,738
| +240% | +$415M |
|
86
CALL
Broadcom
AVGO
$1.75T
| $450M | 0.18% |
17,689,000
+5,268,000
| +42% | +$124M |
|
87
CALL
JPMorgan Chase
JPM
$935B
| $442M | 0.18% |
4,529,800
-850,700
| -16% | -$90.6M |
|
|
88
iShares MSCI EAFE ETF
EFA
$80B
| $442M | 0.18% |
+7,515,967
| New | +$469M |
|
89
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $440M | 0.17% |
11,260,400
-797,900
| -7% | -$32.2M |
|
90
PUT
Gilead Sciences
GILD
$181B
| $437M | 0.17% |
6,983,800
+1,042,000
| +18% | +$72.8M |
|
91
CALL
PayPal
PYPL
$52.7B
| $434M | 0.17% |
5,161,200
+1,280,600
| +33% | +$107M |
|
92
CALL
Johnson & Johnson
JNJ
$651B
| $432M | 0.17% |
3,346,200
+327,200
| +11% | +$45.6M |
|
93
CALL
AT&T
T
$173B
| $431M | 0.17% |
20,017,424
-1,268,656
| -6% | -$29.5M |
|
|
94
Citigroup
C
$221B
| $427M | 0.17% |
8,210,365
+4,800,942
| +141% | +$304M |
|
95
PUT
Costco
COST
$420B
| $410M | 0.16% |
2,010,400
+252,400
| +14% | +$56.4M |
|
|
96
CALL
Goldman Sachs
GS
$303B
| $406M | 0.16% |
2,429,100
+771,300
| +47% | +$156M |
|
97
CALL
ExxonMobil
XOM
$679B
| $400M | 0.16% |
5,862,900
-372,400
| -6% | -$29.2M |
|
|
98
PUT
Broadcom
AVGO
$1.75T
| $398M | 0.16% |
15,659,000
-125,000
| -0.8% | -$2.95M |
|
99
CALL
Micron Technology
MU
$1.09T
| $396M | 0.16% |
12,471,200
-3,132,500
| -20% | -$119M |
|
100
CALL
AbbVie
ABBV
$468B
| $395M | 0.16% |
4,280,700
+1,397,700
| +48% | +$123M |
|
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.