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 | |
|---|---|---|---|---|---|---|
201
CALL
Workday
WDAY
$49.4B
| $204M | 0.08% |
1,277,700
-253,100
| -17% | -$35.9M |
|
202
PUT
Tilray
TLRY
$666M
| $204M | 0.08% |
288,770
-72,810
| -20% | -$79.9M |
|
203
PUT
American Airlines Group
AAL
$9.15B
| $203M | 0.08% |
6,336,500
+2,796,200
| +79% | +$97.3M |
|
204
PUT
Verizon
VZ
$205B
| $201M | 0.08% |
3,583,500
+377,400
| +12% | +$21.4M |
|
205
GE Aerospace
GE
$361B
| $201M | 0.08% |
5,538,562
-175,169
| -3% | -$7.91M |
|
206
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $201M | 0.08% |
66,772
+63,838
| +2,176% | +$151M |
|
207
CALL
Spotify
SPOT
$110B
| $201M | 0.08% |
1,767,600
+637,800
| +56% | +$89.1M |
|
|
208
PUT
Workday
WDAY
$49.4B
| $198M | 0.08% |
1,242,300
+257,600
| +26% | +$36.5M |
|
209
CALL
DuPont de Nemours
DD
$18.7B
| $198M | 0.08% |
1,463,587
-190,096
| -11% | -$27.3M |
|
210
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $198M | 0.08% |
8,316,600
-13,400
| -0.2% | -$348K |
|
211
PUT
Wynn Resorts
WYNN
$10.3B
| $198M | 0.08% |
1,999,300
-358,600
| -15% | -$38.7M |
|
212
CALL
Baidu
BIDU
$31.6B
| $197M | 0.08% |
1,244,400
+115,100
| +10% | +$21.5M |
|
213
CALL
Morgan Stanley
MS
$336B
| $197M | 0.08% |
4,977,300
-3,700
| -0.1% | -$161K |
|
|
SHPG
214
PUT
DELISTED
Shire pic
SHPG
| $197M | 0.08% |
1,133,800
+269,700
| +31% | +$47.2M |
|
215
CALL
Costco
COST
$420B
| $197M | 0.08% |
967,100
-121,700
| -11% | -$27.2M |
|
216
CALL
Eli Lilly
LLY
$1.12T
| $197M | 0.08% |
1,702,000
-68,700
| -4% | -$7.67M |
|
217
CALL
PepsiCo
PEP
$196B
| $196M | 0.08% |
1,773,400
+545,600
| +44% | +$61.5M |
|
|
VXX
218
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $196M | 0.08% |
4,175,600
-6,165,700
| -60% | -$228M |
|
219
CALL
Lam Research
LRCX
$393B
| $195M | 0.08% |
14,351,000
+2,733,000
| +24% | +$39.2M |
|
220
PUT
Target
TGT
$75.1B
| $195M | 0.08% |
2,955,200
+685,600
| +30% | +$52.8M |
|
221
PUT
SPDR Gold Trust
GLD
$152B
| $195M | 0.08% |
1,610,000
+55,600
| +4% | +$6.46M |
|
|
AGN
222
CALL
DELISTED
Allergan plc
AGN
| $192M | 0.08% |
1,434,700
-580,500
| -29% | -$95.2M |
|
223
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $190M | 0.08% |
6,639,800
+2,720,800
| +69% | +$91M |
|
224
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $189M | 0.08% |
2,633,500
+164,000
| +7% | +$13.2M |
|
225
PUT
Nike
NKE
$60.5B
| $188M | 0.07% |
2,536,600
-39,500
| -2% | -$2.96M |
|
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.