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 | |
|---|---|---|---|---|---|---|
201
Petrobras Class A
PBR.A
$111B
| $238M | 0.08% |
26,950,901
+8,655,574
| +47% | +$98.2M |
|
202
CALL
Gilead Sciences
GILD
$181B
| $237M | 0.08% |
3,351,600
-940,000
| -22% | -$66.4M |
|
203
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $237M | 0.08% |
6,238,800
+850,800
| +16% | +$31.6M |
|
204
PUT
Constellation Brands
STZ
$23.2B
| $237M | 0.08% |
1,081,300
+123,400
| +13% | +$27.9M |
|
205
CALL
Amgen
AMGN
$238B
| $235M | 0.08% |
1,272,100
-399,200
| -24% | -$70.6M |
|
206
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $234M | 0.08% |
2,754,500
+319,200
| +13% | +$27.3M |
|
207
PUT
Ford
F
$57.5B
| $234M | 0.08% |
21,100,300
-3,575,200
| -14% | -$40.9M |
|
208
CALL
Lam Research
LRCX
$393B
| $233M | 0.08% |
13,496,000
-1,930,000
| -13% | -$37.2M |
|
209
PUT
SPDR Gold Trust
GLD
$152B
| $233M | 0.08% |
1,961,500
-22,900
| -1% | -$2.84M |
|
210
CALL
Walmart Inc
WMT
$825B
| $229M | 0.08% |
8,037,300
-1,015,800
| -11% | -$28.9M |
|
211
CALL
AutoZone
AZO
$48.3B
| $229M | 0.08% |
340,900
+43,100
| +14% | +$27.8M |
|
212
Qualcomm
QCOM
$169B
| $228M | 0.08% |
4,066,810
+2,351,540
| +137% | +$131M |
|
213
PUT
Chevron
CVX
$403B
| $227M | 0.08% |
1,797,400
-65,100
| -3% | -$8.08M |
|
|
214
CALL
Qualcomm
QCOM
$169B
| $227M | 0.08% |
4,046,900
-427,400
| -10% | -$23.9M |
|
|
BAC.WS.A
215
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $227M | 0.08% |
13,900,626
| – | – |
|
216
CALL
Wynn Resorts
WYNN
$10.3B
| $226M | 0.08% |
1,350,800
-976,100
| -42% | -$180M |
|
217
PUT
Target
TGT
$75.1B
| $226M | 0.08% |
2,968,200
-1,968,000
| -40% | -$145M |
|
218
CALL
Advanced Micro Devices
AMD
$773B
| $224M | 0.08% |
14,952,300
+234,700
| +2% | +$2.98M |
|
219
Baidu
BIDU
$31.6B
| $224M | 0.08% |
921,859
+560,656
| +155% | +$140M |
|
220
PUT
SLB Ltd
SLB
$79.9B
| $223M | 0.08% |
3,322,800
-699,400
| -17% | -$48M |
|
221
NXP Semiconductors
NXPI
$56.9B
| $222M | 0.08% |
2,031,968
+719,412
| +55% | +$79.3M |
|
222
Procter & Gamble
PG
$336B
| $222M | 0.08% |
2,842,474
+2,808,746
| +8,328% | +$211M |
|
223
PUT
Verizon
VZ
$205B
| $221M | 0.08% |
4,363,800
-1,699,500
| -28% | -$82.3M |
|
224
PUT
Western Digital
WDC
$166B
| $221M | 0.08% |
3,768,962
+959,704
| +34% | +$61.1M |
|
|
225
CALL
Ford
F
$57.5B
| $220M | 0.08% |
19,916,600
+7,260,100
| +57% | +$83.1M |
|
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.