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 | |
|---|---|---|---|---|---|---|
101
PUT
Johnson & Johnson
JNJ
$651B
| $393M | 0.16% |
3,049,000
+508,900
| +20% | +$71M |
|
102
PUT
IBM
IBM
$222B
| $391M | 0.16% |
3,601,378
+129,495
| +4% | +$15.5M |
|
103
PUT
Walmart Inc
WMT
$825B
| $391M | 0.16% |
12,584,700
-3,155,400
| -20% | -$101M |
|
104
PUT
Visa
V
$693B
| $382M | 0.15% |
2,896,200
-193,700
| -6% | -$26.8M |
|
|
105
Amazon
AMZN
$2.79T
| $382M | 0.15% |
5,080,000
-15,526,160
| -75% | -$1.29B |
|
106
CALL
Caterpillar
CAT
$381B
| $379M | 0.15% |
2,980,700
+1,141,200
| +62% | +$148M |
|
|
107
Meta Platforms (Facebook)
META
$1.4T
| $373M | 0.15% |
2,842,358
-1,824,238
| -39% | -$264M |
|
108
PUT
Baidu
BIDU
$31.6B
| $369M | 0.15% |
2,324,400
-727,100
| -24% | -$136M |
|
109
PUT
Biogen
BIIB
$32B
| $362M | 0.14% |
1,202,300
-173,900
| -13% | -$55.5M |
|
|
110
PUT
Caterpillar
CAT
$381B
| $361M | 0.14% |
2,843,100
+186,100
| +7% | +$24.2M |
|
111
CALL
Advanced Micro Devices
AMD
$773B
| $360M | 0.14% |
19,477,500
-10,012,200
| -34% | -$216M |
|
112
CALL
Pfizer
PFE
$160B
| $358M | 0.14% |
8,656,080
-1,740,576
| -17% | -$72.3M |
|
113
CALL
Coca-Cola
KO
$392B
| $358M | 0.14% |
7,563,700
-321,900
| -4% | -$15.4M |
|
|
114
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $354M | 0.14% |
9,270,100
-4,569,900
| -33% | -$177M |
|
115
PUT
UnitedHealth
UNH
$350B
| $349M | 0.14% |
1,399,900
+152,900
| +12% | +$40.4M |
|
116
PUT
General Motors
GM
$77.2B
| $346M | 0.14% |
10,353,300
+531,800
| +5% | +$18.4M |
|
117
PUT
JD.com
JD
$39.7B
| $343M | 0.14% |
16,389,700
-2,695,900
| -14% | -$60.3M |
|
118
CALL
Lowe's Companies
LOW
$121B
| $339M | 0.13% |
3,667,300
+976,700
| +36% | +$94.2M |
|
|
CELG
119
CALL
DELISTED
Celgene Corp
CELG
| $338M | 0.13% |
5,281,000
+244,400
| +5% | +$18M |
|
|
120
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $336M | 0.13% |
8,789,800
-3,399,600
| -28% | -$132M |
|
|
121
CALL
JD.com
JD
$39.7B
| $334M | 0.13% |
15,967,900
+4,566,100
| +40% | +$102M |
|
122
CALL
Mercado Libre
MELI
$97.5B
| $334M | 0.13% |
1,140,900
+337,300
| +42% | +$109M |
|
123
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $331M | 0.13% |
7,584,800
-312,600
| -4% | -$14.7M |
|
124
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $328M | 0.13% |
3,094,275
+1,465,200
| +90% | +$205M |
|
125
CALL
Wells Fargo
WFC
$254B
| $327M | 0.13% |
7,094,200
+853,700
| +14% | +$43.7M |
|
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.