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 | |
|---|---|---|---|---|---|---|
176
CALL
Caterpillar
CAT
$381B
| $281M | 0.09% |
1,839,500
-133,200
| -7% | -$18.8M |
|
177
CALL
Amgen
AMGN
$238B
| $277M | 0.09% |
1,336,000
+63,900
| +5% | +$12.6M |
|
|
VXX
178
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $276M | 0.09% |
10,341,300
-1,713,500
| -14% | -$51.5M |
|
179
AT&T
T
$173B
| $275M | 0.09% |
10,855,485
-6,543,968
| -38% | -$160M |
|
180
CALL
Mercado Libre
MELI
$97.5B
| $274M | 0.09% |
803,600
-102,400
| -11% | -$34.7M |
|
181
Petrobras Class A
PBR.A
$111B
| $273M | 0.09% |
26,125,759
-825,142
| -3% | -$8.01M |
|
182
CALL
Comcast
CMCSA
$95.3B
| $273M | 0.09% |
7,677,600
-3,926,700
| -34% | -$139M |
|
183
CALL
AbbVie
ABBV
$468B
| $273M | 0.09% |
2,883,000
+32,600
| +1% | +$3.09M |
|
184
CALL
DuPont de Nemours
DD
$18.7B
| $269M | 0.09% |
1,653,683
+84,110
| +5% | +$14.5M |
|
185
CALL
AutoZone
AZO
$48.3B
| $269M | 0.09% |
347,000
+6,100
| +2% | +$4.49M |
|
186
CALL
AB InBev
BUD
$155B
| $267M | 0.09% |
3,051,100
-614,300
| -17% | -$59.9M |
|
|
TWTR
187
PUT
DELISTED
Twitter, Inc.
TWTR
| $265M | 0.09% |
9,318,100
+1,697,000
| +22% | +$60.1M |
|
|
188
Apple
AAPL
$4.51T
| $263M | 0.09% |
4,652,236
-6,052,456
| -57% | -$315M |
|
189
PUT
Northrop Grumman
NOC
$78.3B
| $262M | 0.09% |
826,600
+276,600
| +50% | +$84.3M |
|
|
PX
190
CALL
DELISTED
Praxair Inc
PX
| $260M | 0.09% |
1,620,200
+882,600
| +120% | +$142M |
|
191
PUT
Kraft Heinz
KHC
$30.3B
| $260M | 0.09% |
4,713,300
+1,420,500
| +43% | +$84.9M |
|
192
PUT
Union Pacific
UNP
$183B
| $260M | 0.09% |
1,585,200
-173,900
| -10% | -$26.2M |
|
193
Applied Materials
AMAT
$391B
| $259M | 0.09% |
6,690,987
+2,079,872
| +45% | +$92M |
|
194
CALL
Baidu
BIDU
$31.6B
| $258M | 0.09% |
1,129,300
-448,300
| -28% | -$105M |
|
|
EA
195
PUT
DELISTED
Electronic Arts
EA
| $257M | 0.08% |
2,129,800
+1,119,900
| +111% | +$144M |
|
196
CALL
Costco
COST
$420B
| $256M | 0.08% |
1,088,800
-314,600
| -22% | -$70.9M |
|
197
VanEck Gold Miners ETF
GDX
$31.8B
| $255M | 0.08% |
13,752,928
+2,454,851
| +22% | +$49M |
|
|
198
PUT
Applied Materials
AMAT
$391B
| $252M | 0.08% |
6,525,700
+900
| +0% | +$39.8K |
|
199
PUT
Lockheed Martin
LMT
$130B
| $251M | 0.08% |
726,300
-203,300
| -22% | -$65.6M |
|
200
CALL
Starbucks
SBUX
$122B
| $250M | 0.08% |
4,365,000
+1,511,800
| +53% | +$79.9M |
|
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.