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 | |
|---|---|---|---|---|---|---|
151
Goldman Sachs
GS
$303B
| $324M | 0.11% |
1,446,055
-228,603
| -14% | -$53.2M |
|
152
CALL
McDonald's
MCD
$192B
| $319M | 0.11% |
1,909,600
+67,400
| +4% | +$10.8M |
|
|
EA
153
CALL
DELISTED
Electronic Arts
EA
| $315M | 0.1% |
2,618,400
+1,212,700
| +86% | +$156M |
|
154
PUT
Qualcomm
QCOM
$169B
| $314M | 0.1% |
4,355,200
-2,662,600
| -38% | -$175M |
|
155
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $311M | 0.1% |
3,070,000
+85,300
| +3% | +$8.7M |
|
156
PUT
Amgen
AMGN
$238B
| $310M | 0.1% |
1,494,900
+39,100
| +3% | +$7.71M |
|
157
GE Aerospace
GE
$361B
| $309M | 0.1% |
5,713,731
+697,875
| +14% | +$43M |
|
158
CALL
Lowe's Companies
LOW
$121B
| $309M | 0.1% |
2,690,600
+148,700
| +6% | +$15.5M |
|
|
159
PUT
McDonald's
MCD
$192B
| $309M | 0.1% |
1,845,700
-366,500
| -17% | -$58.7M |
|
160
Baidu
BIDU
$31.6B
| $307M | 0.1% |
1,342,317
+420,458
| +46% | +$98.8M |
|
161
CALL
Broadcom
AVGO
$1.75T
| $306M | 0.1% |
12,421,000
-340,000
| -3% | -$7.62M |
|
162
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $303M | 0.1% |
1,145,600
-637,500
| -36% | -$163M |
|
163
CALL
CVS Health
CVS
$119B
| $301M | 0.1% |
3,829,900
+833,000
| +28% | +$59.6M |
|
164
PUT
Wynn Resorts
WYNN
$10.3B
| $300M | 0.1% |
2,357,900
+230,000
| +11% | +$34.1M |
|
165
CALL
JD.com
JD
$39.7B
| $297M | 0.1% |
11,401,800
-2,522,100
| -18% | -$82.6M |
|
166
CALL
United Airlines
UAL
$36.7B
| $292M | 0.1% |
3,277,700
+1,430,200
| +77% | +$118M |
|
167
CALL
Gilead Sciences
GILD
$181B
| $291M | 0.1% |
3,766,600
+415,000
| +12% | +$31.3M |
|
168
CALL
Chevron
CVX
$403B
| $289M | 0.1% |
2,363,500
-347,100
| -13% | -$42.1M |
|
169
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $289M | 0.1% |
5,422,000
-6,919,800
| -56% | -$367M |
|
|
170
CALL
Wynn Resorts
WYNN
$10.3B
| $288M | 0.09% |
2,265,200
+914,400
| +68% | +$136M |
|
171
PUT
Altria Group
MO
$110B
| $287M | 0.09% |
4,760,900
+227,100
| +5% | +$13.5M |
|
172
CALL
Nike
NKE
$60.5B
| $286M | 0.09% |
3,376,000
+695,700
| +26% | +$55.9M |
|
173
CALL
Mastercard
MA
$509B
| $283M | 0.09% |
1,272,300
-617,600
| -33% | -$129M |
|
174
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $283M | 0.09% |
770,000
+232,500
| +43% | +$85.2M |
|
175
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $282M | 0.09% |
1,629,075
-305,650
| -16% | -$51.4M |
|
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.