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 | |
|---|---|---|---|---|---|---|
151
PUT
Merck
MRK
$376B
| $284M | 0.11% |
3,891,329
+1,546,429
| +66% | +$109M |
|
152
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $281M | 0.11% |
7,180,600
-8,081,600
| -53% | -$327M |
|
153
PUT
Amgen
AMGN
$238B
| $280M | 0.11% |
1,439,300
-55,600
| -4% | -$10.8M |
|
154
CALL
Target
TGT
$75.1B
| $278M | 0.11% |
4,200,900
+518,600
| +14% | +$39.9M |
|
155
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $276M | 0.11% |
739,300
-89,500
| -11% | -$32.8M |
|
156
Mastercard
MA
$509B
| $276M | 0.11% |
1,463,633
-192,443
| -12% | -$38.2M |
|
157
PUT
Home Depot
HD
$335B
| $275M | 0.11% |
1,599,200
-61,700
| -4% | -$11.1M |
|
158
CALL
AutoZone
AZO
$48.3B
| $274M | 0.11% |
327,300
-19,700
| -6% | -$15.8M |
|
159
CALL
American Airlines Group
AAL
$9.15B
| $272M | 0.11% |
8,460,900
+4,529,900
| +115% | +$158M |
|
160
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $271M | 0.11% |
2,599,700
-1,313,200
| -34% | -$133M |
|
161
Petrobras Class A
PBR.A
$111B
| $270M | 0.11% |
23,309,004
-2,816,755
| -11% | -$36.8M |
|
162
PUT
Ford
F
$57.5B
| $265M | 0.11% |
34,634,600
+8,097,000
| +31% | +$72.2M |
|
163
Alibaba
BABA
$286B
| $264M | 0.1% |
1,925,579
+1,329,855
| +223% | +$197M |
|
164
CALL
United Airlines
UAL
$36.7B
| $264M | 0.1% |
3,149,600
-128,100
| -4% | -$11.3M |
|
|
165
PUT
AutoZone
AZO
$48.3B
| $261M | 0.1% |
311,200
+13,000
| +4% | +$10.4M |
|
|
166
CALL
Home Depot
HD
$335B
| $260M | 0.1% |
1,513,800
-227,800
| -13% | -$40.8M |
|
167
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $259M | 0.1% |
12,266,400
+831,000
| +7% | +$20.4M |
|
168
PUT
Applied Materials
AMAT
$391B
| $259M | 0.1% |
7,898,400
+1,372,700
| +21% | +$47.1M |
|
|
SHPG
169
CALL
DELISTED
Shire pic
SHPG
| $257M | 0.1% |
1,479,100
+421,600
| +40% | +$73.7M |
|
170
CALL
Cigna
CI
$73.3B
| $257M | 0.1% |
1,352,000
+870,200
| +181% | +$182M |
|
171
PUT
Lam Research
LRCX
$393B
| $255M | 0.1% |
18,742,000
-17,678,000
| -49% | -$253M |
|
172
PUT
Mercado Libre
MELI
$97.5B
| $254M | 0.1% |
868,900
-159,100
| -15% | -$51.6M |
|
|
TWTR
173
CALL
DELISTED
Twitter, Inc.
TWTR
| $254M | 0.1% |
8,834,400
+2,008,800
| +29% | +$63M |
|
|
TWTR
174
PUT
DELISTED
Twitter, Inc.
TWTR
| $252M | 0.1% |
8,765,800
-552,300
| -6% | -$17.3M |
|
175
PUT
GE Aerospace
GE
$361B
| $248M | 0.1% |
6,828,550
+759,175
| +13% | +$34.3M |
|
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.