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 | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $13.5B | 4.63% |
49,766,200
-18,480,400
| -27% | -$4.99B |
|
|
2
PUT
Amazon
AMZN
$2.79T
| $12.2B | 4.2% |
143,818,000
+3,950,000
| +3% | +$314M |
|
|
3
CALL
Amazon
AMZN
$2.79T
| $10.5B | 3.62% |
123,864,000
+16,548,000
| +15% | +$1.31B |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $9.54B | 3.28% |
35,180,400
-2,057,700
| -6% | -$556M |
|
5
PUT
Invesco QQQ Trust
QQQ
$486B
| $7.33B | 2.51% |
42,683,200
-7,575,600
| -15% | -$1.27B |
|
|
6
CALL
Meta Platforms (Facebook)
META
$1.4T
| $4.93B | 1.69% |
25,369,100
+1,023,600
| +4% | +$185M |
|
7
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $4.8B | 1.65% |
29,336,200
-16,405,800
| -36% | -$2.62B |
|
8
PUT
Tesla
TSLA
$1.43T
| $4.54B | 1.56% |
198,531,000
+47,430,000
| +31% | +$964M |
|
|
9
CALL
Invesco QQQ Trust
QQQ
$486B
| $3.7B | 1.27% |
21,528,100
-2,705,900
| -11% | -$454M |
|
|
10
CALL
Apple
AAPL
$4.51T
| $3.37B | 1.16% |
72,698,400
+8,515,200
| +13% | +$386M |
|
|
11
PUT
Apple
AAPL
$4.51T
| $3.23B | 1.11% |
69,562,800
-2,147,200
| -3% | -$97.4M |
|
|
12
PUT
Meta Platforms (Facebook)
META
$1.4T
| $3.12B | 1.07% |
16,037,600
-8,629,300
| -35% | -$1.56B |
|
13
PUT
Alibaba
BABA
$286B
| $2.95B | 1.01% |
15,908,000
+2,847,200
| +22% | +$543M |
|
|
14
PUT
Netflix
NFLX
$331B
| $2.89B | 0.99% |
73,780,000
+5,385,000
| +8% | +$184M |
|
|
15
CALL
Netflix
NFLX
$331B
| $2.77B | 0.95% |
70,763,000
+9,379,000
| +15% | +$320M |
|
|
16
CALL
Tesla
TSLA
$1.43T
| $2.69B | 0.92% |
117,624,000
+34,180,500
| +41% | +$695M |
|
|
17
CALL
Alibaba
BABA
$286B
| $2.65B | 0.91% |
14,276,200
-56,100
| -0.4% | -$10.7M |
|
|
18
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.57B | 0.88% |
45,446,000
-1,202,000
| -3% | -$65.4M |
|
|
19
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.49B | 0.85% |
44,552,000
+5,572,000
| +14% | +$301M |
|
20
PUT
Booking.com
BKNG
$158B
| $2.47B | 0.85% |
30,425,000
-105,000
| -0.3% | -$8.85M |
|
|
21
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.45B | 0.84% |
43,412,000
-15,102,000
| -26% | -$821M |
|
|
22
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.41B | 0.83% |
14,728,100
+1,060,900
| +8% | +$170M |
|
|
23
CALL
Booking.com
BKNG
$158B
| $1.71B | 0.59% |
21,080,000
-1,005,000
| -5% | -$84.7M |
|
24
CALL
NVIDIA
NVDA
$5.2T
| $1.64B | 0.56% |
276,472,000
-87,832,000
| -24% | -$534M |
|
|
25
PUT
NVIDIA
NVDA
$5.2T
| $1.62B | 0.56% |
273,328,000
-105,136,000
| -28% | -$639M |
|
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.