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 | |
|---|---|---|---|---|---|---|
101
CALL
Verizon
VZ
$205B
| $426M | 0.15% |
8,401,600
+2,203,400
| +36% | +$107M |
|
|
102
AT&T
T
$173B
| $422M | 0.14% |
17,399,453
+17,248,391
| +11,418% | +$433M |
|
103
PUT
GE Aerospace
GE
$361B
| $421M | 0.14% |
6,447,116
-180,305
| -3% | -$12M |
|
104
CALL
NXP Semiconductors
NXPI
$56.9B
| $417M | 0.14% |
3,819,100
+574,100
| +18% | +$63.3M |
|
105
Boeing
BA
$169B
| $413M | 0.14% |
1,230,254
-606,848
| -33% | -$209M |
|
106
PUT
Walmart Inc
WMT
$825B
| $403M | 0.14% |
14,128,800
-5,949,900
| -30% | -$169M |
|
|
107
Walt Disney
DIS
$186B
| $398M | 0.14% |
3,797,046
+3,756,496
| +9,264% | +$384M |
|
108
CALL
United States Oil Fund
USO
$2.24B
| $398M | 0.14% |
3,302,763
+1,885,488
| +133% | +$207M |
|
109
PUT
Qualcomm
QCOM
$169B
| $394M | 0.14% |
7,017,800
+1,513,600
| +27% | +$84.5M |
|
110
PUT
General Motors
GM
$77.2B
| $389M | 0.13% |
9,860,900
+643,000
| +7% | +$25.3M |
|
|
111
PUT
United States Oil Fund
USO
$2.24B
| $388M | 0.13% |
3,218,625
+1,970,625
| +158% | +$216M |
|
112
CALL
Comcast
CMCSA
$95.3B
| $385M | 0.13% |
11,604,300
+2,901,400
| +33% | +$94.5M |
|
113
CALL
Baidu
BIDU
$31.6B
| $383M | 0.13% |
1,577,600
+559,000
| +55% | +$139M |
|
114
PUT
AbbVie
ABBV
$468B
| $378M | 0.13% |
4,083,900
+831,900
| +26% | +$81.2M |
|
115
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $378M | 0.13% |
14,218,500
+1,450,800
| +11% | +$40M |
|
|
116
CALL
Walt Disney
DIS
$186B
| $376M | 0.13% |
3,585,400
-678,600
| -16% | -$69.4M |
|
117
CALL
Mastercard
MA
$509B
| $373M | 0.13% |
1,889,900
-341,300
| -15% | -$64.2M |
|
118
PUT
Broadcom
AVGO
$1.75T
| $372M | 0.13% |
15,312,000
-3,609,000
| -19% | -$88.5M |
|
|
119
Goldman Sachs
GS
$303B
| $369M | 0.13% |
1,674,658
+1,645,207
| +5,586% | +$392M |
|
120
CALL
AB InBev
BUD
$155B
| $369M | 0.13% |
3,665,400
+409,000
| +13% | +$40.6M |
|
121
PUT
Johnson & Johnson
JNJ
$651B
| $368M | 0.13% |
3,029,100
-187,100
| -6% | -$23.3M |
|
|
122
Mastercard
MA
$509B
| $367M | 0.13% |
1,867,392
+531,923
| +40% | +$100M |
|
123
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $364M | 0.13% |
3,554,900
-164,100
| -4% | -$16.7M |
|
124
PUT
FedEx
FDX
$76.9B
| $362M | 0.12% |
1,592,100
+148,200
| +10% | +$36.7M |
|
125
PUT
Costco
COST
$420B
| $361M | 0.12% |
1,725,700
-660,700
| -28% | -$131M |
|
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.