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 | |
|---|---|---|---|---|---|---|
1201
PUT
Linde
LIN
$226B
| $16.2M | 0.01% |
+102,300
| New | +$16.2M |
|
|
BZUN
1202
Baozun
BZUN
$164M
| $16.1M | 0.01% |
551,058
-383,143
| -41% | -$14.1M |
|
1203
PUT
Molson Coors Class B
TAP
$8.02B
| $16.1M | 0.01% |
286,100
+62,700
| +28% | +$3.86M |
|
1204
PUT
KB Home
KBH
$3.41B
| $16M | 0.01% |
839,800
-76,100
| -8% | -$1.56M |
|
1205
PUT
Emerson Electric
EMR
$87.9B
| $16M | 0.01% |
268,400
+17,600
| +7% | +$1.19M |
|
1206
PUT
Dominion Energy
D
$58.6B
| $16M | 0.01% |
224,400
-119,000
| -35% | -$8.69M |
|
1207
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$163M
| $16M | 0.01% |
255,200
-13,000
| -5% | -$873K |
|
1208
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $16M | 0.01% |
68,651
+37,199
| +118% | +$9.28M |
|
|
AXON
1209
CALL
Axon Enterprise
AXON
$48.5B
| $16M | 0.01% |
365,800
-49,700
| -12% | -$2.58M |
|
1210
PUT
Vornado Realty Trust
VNO
$7.26B
| $15.9M | 0.01% |
257,000
+85,400
| +50% | +$5.85M |
|
|
GRUB
1211
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $15.9M | 0.01% |
103,640
-49,802
| -32% | -$9.34M |
|
1212
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $15.9M | 0.01% |
149,400
-1,833,100
| -92% | -$192M |
|
1213
PUT
Lennar Class A
LEN
$21.2B
| $15.8M | 0.01% |
418,055
-40,287
| -9% | -$1.64M |
|
1214
PUT
Idexx Laboratories
IDXX
$44.1B
| $15.8M | 0.01% |
85,100
+27,000
| +46% | +$5.54M |
|
1215
PUT
Banco Santander
SAN
$214B
| $15.8M | 0.01% |
3,671,270
+164,870
| +5% | +$748K |
|
1216
CALL
Fortinet
FTNT
$112B
| $15.7M | 0.01% |
1,116,500
+70,000
| +7% | +$1.07M |
|
1217
iShares MSCI Spain ETF
EWP
$2.28B
| $15.7M | 0.01% |
585,949
+365,734
| +166% | +$10.3M |
|
1218
CALL
Factset
FDS
$10.9B
| $15.7M | 0.01% |
78,400
+29,700
| +61% | +$6.54M |
|
1219
Alaska Air
ALK
$4.64B
| $15.7M | 0.01% |
257,575
+146,171
| +131% | +$9.45M |
|
1220
PUT
Dick's Sporting Goods
DKS
$16.1B
| $15.6M | 0.01% |
500,100
-105,300
| -17% | -$3.66M |
|
1221
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $15.6M | 0.01% |
320,800
+57,600
| +22% | +$2.97M |
|
1222
PUT
Lear
LEA
$8.18B
| $15.6M | 0.01% |
126,600
+18,900
| +18% | +$2.53M |
|
1223
PUT
Madison Square Garden
MSGS
$9.69B
| $15.6M | 0.01% |
81,456
-29,582
| -27% | -$5.76M |
|
|
KYNB
1224
PUT
Kyntra Bio
KYNB
$32.3M
| $15.5M | 0.01% |
13,416
-916
| -6% | -$1.03M |
|
1225
CALL
Signet Jewelers
SIG
$3.24B
| $15.5M | 0.01% |
488,500
+49,200
| +11% | +$2.47M |
|
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.