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 | |
|---|---|---|---|---|---|---|
176
CALL
Chevron
CVX
$403B
| $242M | 0.1% |
2,220,300
-143,200
| -6% | -$16.6M |
|
177
CALL
Wynn Resorts
WYNN
$10.3B
| $240M | 0.1% |
2,421,500
+156,300
| +7% | +$16.9M |
|
178
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $236M | 0.09% |
2,263,000
-807,000
| -26% | -$81.7M |
|
179
CALL
Gilead Sciences
GILD
$181B
| $233M | 0.09% |
3,731,000
-35,600
| -0.9% | -$2.49M |
|
180
CALL
Amgen
AMGN
$238B
| $229M | 0.09% |
1,176,600
-159,400
| -12% | -$31.1M |
|
181
PUT
Comcast
CMCSA
$95.3B
| $228M | 0.09% |
6,694,400
+916,900
| +16% | +$33.5M |
|
|
XYZ
182
Block Inc
XYZ
$49.4B
| $227M | 0.09% |
4,055,756
+3,259,443
| +409% | +$230M |
|
183
PUT
Starbucks
SBUX
$122B
| $226M | 0.09% |
3,511,300
-2,594,500
| -42% | -$162M |
|
184
JD.com
JD
$39.7B
| $223M | 0.09% |
10,633,304
-4,208,044
| -28% | -$94.2M |
|
185
PUT
FedEx
FDX
$76.9B
| $221M | 0.09% |
1,372,800
-394,100
| -22% | -$83.4M |
|
186
PUT
Blackrock
BLK
$179B
| $221M | 0.09% |
563,700
-296,900
| -34% | -$122M |
|
187
CALL
McDonald's
MCD
$192B
| $219M | 0.09% |
1,236,000
-673,600
| -35% | -$119M |
|
188
Mercado Libre
MELI
$97.5B
| $219M | 0.09% |
748,394
+131,138
| +21% | +$42.5M |
|
|
TFCFA
189
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $219M | 0.09% |
4,542,900
+2,387,500
| +111% | +$113M |
|
190
Advanced Micro Devices
AMD
$773B
| $216M | 0.09% |
11,690,949
+10,564,665
| +938% | +$228M |
|
191
CALL
CVS Health
CVS
$119B
| $214M | 0.09% |
3,264,400
-565,500
| -15% | -$42.2M |
|
192
CALL
Walmart Inc
WMT
$825B
| $212M | 0.08% |
6,826,800
-10,084,500
| -60% | -$323M |
|
193
CALL
Tilray
TLRY
$666M
| $211M | 0.08% |
298,770
-16,970
| -5% | -$18.6M |
|
194
CALL
Kraft Heinz
KHC
$30.3B
| $210M | 0.08% |
4,883,700
+1,398,500
| +40% | +$72.4M |
|
195
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $210M | 0.08% |
693,700
-76,300
| -10% | -$25.4M |
|
|
B
196
PUT
Barrick Mining
B
$78.3B
| $209M | 0.08% |
15,459,700
+6,043,900
| +64% | +$78.1M |
|
197
PUT
Altria Group
MO
$110B
| $209M | 0.08% |
4,235,600
-525,300
| -11% | -$30.4M |
|
|
198
CALL
Starbucks
SBUX
$122B
| $207M | 0.08% |
3,213,500
-1,151,500
| -26% | -$72.1M |
|
|
AGN
199
PUT
DELISTED
Allergan plc
AGN
| $207M | 0.08% |
1,545,000
-474,900
| -24% | -$77.9M |
|
|
AABA
200
DELISTED
Altaba Inc
AABA
| $206M | 0.08% |
3,551,808
+1,362,031
| +62% | +$84M |
|
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.