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 | |
|---|---|---|---|---|---|---|
126
CALL
Intel
INTC
$476B
| $355M | 0.12% |
7,496,300
-3,521,300
| -32% | -$171M |
|
127
PUT
Johnson & Johnson
JNJ
$651B
| $351M | 0.12% |
2,540,100
-489,000
| -16% | -$65M |
|
128
PUT
Starbucks
SBUX
$122B
| $350M | 0.12% |
6,105,800
-872,200
| -12% | -$46.1M |
|
129
PUT
Mercado Libre
MELI
$97.5B
| $350M | 0.12% |
1,028,000
+114,000
| +12% | +$38.6M |
|
130
PUT
Constellation Brands
STZ
$23.2B
| $348M | 0.11% |
1,613,700
+532,400
| +49% | +$113M |
|
131
CALL
Merck
MRK
$376B
| $347M | 0.11% |
5,125,873
-321,317
| -6% | -$20.5M |
|
132
PUT
NXP Semiconductors
NXPI
$56.9B
| $345M | 0.11% |
4,031,700
-3,275,300
| -45% | -$314M |
|
133
PUT
Home Depot
HD
$335B
| $344M | 0.11% |
1,660,900
-650,700
| -28% | -$131M |
|
134
CALL
Bristol-Myers Squibb
BMY
$137B
| $341M | 0.11% |
5,491,300
-461,900
| -8% | -$27.4M |
|
135
CALL
PayPal
PYPL
$52.7B
| $341M | 0.11% |
3,880,600
+428,600
| +12% | +$37.7M |
|
136
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $338M | 0.11% |
11,435,400
+8,295,050
| +264% | +$233M |
|
137
PUT
AbbVie
ABBV
$468B
| $337M | 0.11% |
3,561,500
-522,400
| -13% | -$49.5M |
|
138
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $335M | 0.11% |
828,800
+260,600
| +46% | +$99.2M |
|
|
139
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $334M | 0.11% |
826,300
+112,200
| +16% | +$42.7M |
|
140
Berkshire Hathaway Class B
BRK.B
$1.06T
| $332M | 0.11% |
1,551,257
-1,404,602
| -48% | -$288M |
|
141
PUT
UnitedHealth
UNH
$350B
| $332M | 0.11% |
1,247,000
-62,600
| -5% | -$16.3M |
|
142
PUT
General Motors
GM
$77.2B
| $331M | 0.11% |
9,821,500
-39,400
| -0.4% | -$1.45M |
|
143
CALL
Wells Fargo
WFC
$254B
| $330M | 0.11% |
6,240,500
-1,949,000
| -24% | -$111M |
|
144
PUT
GE Aerospace
GE
$361B
| $328M | 0.11% |
6,069,375
-377,741
| -6% | -$23.3M |
|
145
Gilead Sciences
GILD
$181B
| $328M | 0.11% |
4,245,656
-1,949,743
| -31% | -$147M |
|
146
PUT
United States Oil Fund
USO
$2.24B
| $327M | 0.11% |
2,631,400
-587,225
| -18% | -$67.8M |
|
|
147
PUT
PayPal
PYPL
$52.7B
| $326M | 0.11% |
3,711,700
+799,100
| +27% | +$70.4M |
|
|
148
CALL
NXP Semiconductors
NXPI
$56.9B
| $325M | 0.11% |
3,805,200
-13,900
| -0.4% | -$1.33M |
|
|
149
Intel
INTC
$476B
| $325M | 0.11% |
6,868,959
-119,969
| -2% | -$5.84M |
|
150
CALL
Target
TGT
$75.1B
| $325M | 0.11% |
3,682,300
+546,900
| +17% | +$45.5M |
|
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.