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 | |
|---|---|---|---|---|---|---|
176
CALL
Mercado Libre
MELI
$97.5B
| $271M | 0.09% |
906,000
+341,600
| +61% | +$108M |
|
|
VMW
177
CALL
DELISTED
VMware, Inc
VMW
| $270M | 0.09% |
1,837,700
+191,700
| +12% | +$26.4M |
|
|
SINA
178
DELISTED
Sina Corp
SINA
| $270M | 0.09% |
3,187,511
+447,442
| +16% | +$41.6M |
|
179
CALL
Morgan Stanley
MS
$336B
| $269M | 0.09% |
5,684,700
+3,352,900
| +144% | +$175M |
|
180
PUT
Amgen
AMGN
$238B
| $269M | 0.09% |
1,455,800
-382,700
| -21% | -$67.7M |
|
181
CALL
Caterpillar
CAT
$381B
| $268M | 0.09% |
1,972,700
-600,900
| -23% | -$89.8M |
|
182
iShares China Large-Cap ETF
FXI
$4.28B
| $264M | 0.09% |
6,147,806
+5,990,531
| +3,809% | +$280M |
|
183
CALL
AbbVie
ABBV
$468B
| $264M | 0.09% |
2,850,400
+185,600
| +7% | +$18.1M |
|
184
CALL
DuPont de Nemours
DD
$18.7B
| $262M | 0.09% |
1,569,573
+559,941
| +55% | +$93.7M |
|
185
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $259M | 0.09% |
8,089,900
+3,334,600
| +70% | +$128M |
|
186
PUT
Altria Group
MO
$110B
| $257M | 0.09% |
4,533,800
+2,050,500
| +83% | +$118M |
|
187
PUT
ExxonMobil
XOM
$679B
| $256M | 0.09% |
3,094,400
-1,017,100
| -25% | -$81M |
|
188
VanEck Gold Miners ETF
GDX
$31.8B
| $252M | 0.09% |
11,298,077
+1,744,138
| +18% | +$39.1M |
|
189
PUT
Comcast
CMCSA
$95.3B
| $250M | 0.09% |
7,522,800
+228,900
| +3% | +$7.46M |
|
190
PUT
Union Pacific
UNP
$183B
| $249M | 0.09% |
1,759,100
-598,000
| -25% | -$83.4M |
|
|
191
Netflix
NFLX
$331B
| $249M | 0.09% |
6,358,460
-12,393,730
| -66% | -$423M |
|
192
JPMorgan Chase
JPM
$935B
| $247M | 0.08% |
2,371,572
+2,309,381
| +3,713% | +$253M |
|
193
PUT
Cisco
CSCO
$438B
| $246M | 0.08% |
5,725,300
-1,595,600
| -22% | -$69.7M |
|
194
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $246M | 0.08% |
714,100
+53,700
| +8% | +$16.8M |
|
195
CALL
Lowe's Companies
LOW
$121B
| $244M | 0.08% |
2,541,900
+349,500
| +16% | +$31.6M |
|
196
PUT
PayPal
PYPL
$52.7B
| $243M | 0.08% |
2,912,600
-419,300
| -13% | -$33.4M |
|
197
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $242M | 0.08% |
6,378,600
+1,994,800
| +46% | +$74.1M |
|
198
CALL
Pfizer
PFE
$160B
| $240M | 0.08% |
6,967,889
-1,329,199
| -16% | -$45.4M |
|
199
Booking.com
BKNG
$158B
| $239M | 0.08% |
2,947,075
+1,799,825
| +157% | +$152M |
|
200
CALL
Target
TGT
$75.1B
| $239M | 0.08% |
3,135,400
+144,400
| +5% | +$10.6M |
|
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.