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 | |
|---|---|---|---|---|---|---|
|
1
PUT
Amazon
AMZN
$2.79T
| $16.1B | 5.29% |
159,694,000
+15,876,000
| +11% | +$1.49B |
|
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $14.5B | 4.79% |
50,006,900
+240,700
| +0.5% | +$68.5M |
|
|
3
CALL
Amazon
AMZN
$2.79T
| $12.5B | 4.11% |
124,052,000
+188,000
| +0.2% | +$17.7M |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $10.1B | 3.34% |
34,891,200
-289,200
| -0.8% | -$82.4M |
|
5
PUT
Invesco QQQ Trust
QQQ
$486B
| $6.76B | 2.23% |
36,393,100
-6,290,100
| -15% | -$1.14B |
|
|
6
CALL
Invesco QQQ Trust
QQQ
$486B
| $4.91B | 1.62% |
26,454,300
+4,926,200
| +23% | +$891M |
|
|
7
PUT
Tesla
TSLA
$1.43T
| $4.48B | 1.48% |
253,941,000
+55,410,000
| +28% | +$1.15B |
|
|
8
CALL
Apple
AAPL
$4.51T
| $4.39B | 1.45% |
77,802,400
+5,104,000
| +7% | +$266M |
|
9
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $4.34B | 1.43% |
25,773,300
-3,562,900
| -12% | -$602M |
|
|
10
PUT
Apple
AAPL
$4.51T
| $4.26B | 1.4% |
75,534,000
+5,971,200
| +9% | +$311M |
|
|
11
PUT
Meta Platforms (Facebook)
META
$1.4T
| $3.31B | 1.09% |
20,109,300
+4,071,700
| +25% | +$737M |
|
|
12
CALL
Meta Platforms (Facebook)
META
$1.4T
| $3.1B | 1.02% |
18,879,500
-6,489,600
| -26% | -$1.17B |
|
13
CALL
Netflix
NFLX
$331B
| $3.01B | 0.99% |
80,361,000
+9,598,000
| +14% | +$348M |
|
|
14
PUT
Netflix
NFLX
$331B
| $2.89B | 0.95% |
77,197,000
+3,417,000
| +5% | +$124M |
|
|
15
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.68B | 0.88% |
44,358,000
+946,000
| +2% | +$57.3M |
|
16
CALL
Alibaba
BABA
$286B
| $2.64B | 0.87% |
15,899,100
+1,622,900
| +11% | +$287M |
|
|
17
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.34B | 0.77% |
39,198,000
-5,354,000
| -12% | -$321M |
|
18
PUT
Booking.com
BKNG
$158B
| $2.26B | 0.74% |
28,495,000
-1,930,000
| -6% | -$152M |
|
|
19
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $2.25B | 0.74% |
37,746,000
+9,758,000
| +35% | +$584M |
|
|
20
PUT
Alibaba
BABA
$286B
| $2.23B | 0.74% |
13,426,800
-2,481,200
| -16% | -$439M |
|
|
21
CALL
Tesla
TSLA
$1.43T
| $2.23B | 0.73% |
126,421,500
+8,797,500
| +7% | +$183M |
|
|
22
Amazon
AMZN
$2.79T
| $2.06B | 0.68% |
20,606,160
+14,299,200
| +227% | +$1.34B |
|
23
CALL
NVIDIA
NVDA
$5.2T
| $2.06B | 0.68% |
293,568,000
+17,096,000
| +6% | +$111M |
|
|
24
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.97B | 0.65% |
32,602,000
-12,844,000
| -28% | -$778M |
|
|
25
PUT
NVIDIA
NVDA
$5.2T
| $1.87B | 0.62% |
266,212,000
-7,116,000
| -3% | -$46.3M |
|
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.