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 | |
|---|---|---|---|---|---|---|
|
1
CALL
Amazon
AMZN
$2.79T
| $12.6B | 5.02% |
168,408,000
+44,356,000
| +36% | +$3.69B |
|
|
2
PUT
Amazon
AMZN
$2.79T
| $11.3B | 4.49% |
150,364,000
-9,330,000
| -6% | -$776M |
|
|
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $10.4B | 4.15% |
41,758,800
-8,248,100
| -16% | -$2.22B |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $6.98B | 2.77% |
27,936,500
-6,954,700
| -20% | -$1.88B |
|
5
PUT
Invesco QQQ Trust
QQQ
$486B
| $5.82B | 2.31% |
37,711,000
+1,317,900
| +4% | +$220M |
|
|
6
PUT
Tesla
TSLA
$1.43T
| $4.8B | 1.91% |
216,465,000
-37,476,000
| -15% | -$806M |
|
|
7
PUT
Apple
AAPL
$4.51T
| $3.83B | 1.52% |
97,174,400
+21,640,400
| +29% | +$1.05B |
|
8
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.15B | 1.25% |
23,544,600
-2,228,700
| -9% | -$333M |
|
|
9
CALL
Invesco QQQ Trust
QQQ
$486B
| $2.95B | 1.17% |
19,121,300
-7,333,000
| -28% | -$1.23B |
|
|
10
CALL
Meta Platforms (Facebook)
META
$1.4T
| $2.92B | 1.16% |
22,272,000
+3,392,500
| +18% | +$491M |
|
|
11
CALL
Tesla
TSLA
$1.43T
| $2.9B | 1.15% |
130,801,500
+4,380,000
| +3% | +$94.2M |
|
12
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.59B | 1.03% |
49,602,000
+5,244,000
| +12% | +$283M |
|
|
13
Apple
AAPL
$4.51T
| $2.55B | 1.01% |
64,593,624
+59,941,388
| +1,288% | +$2.91B |
|
|
14
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.36B | 0.94% |
45,658,000
+6,460,000
| +16% | +$346M |
|
|
15
PUT
Meta Platforms (Facebook)
META
$1.4T
| $2.32B | 0.92% |
17,703,600
-2,405,700
| -12% | -$349M |
|
|
16
CALL
Apple
AAPL
$4.51T
| $2.26B | 0.9% |
57,396,400
-20,406,000
| -26% | -$989M |
|
|
17
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.21B | 0.88% |
16,503,300
+7,285,800
| +79% | +$1.09B |
|
18
PUT
Netflix
NFLX
$331B
| $2.16B | 0.86% |
80,876,000
+3,679,000
| +5% | +$110M |
|
|
19
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.09B | 0.83% |
40,090,000
+7,488,000
| +23% | +$405M |
|
|
20
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $1.96B | 0.78% |
37,868,000
+122,000
| +0.3% | +$6.53M |
|
21
PUT
Booking.com
BKNG
$158B
| $1.88B | 0.75% |
27,340,000
-1,155,000
| -4% | -$84.7M |
|
22
PUT
Alibaba
BABA
$286B
| $1.84B | 0.73% |
13,408,700
-18,100
| -0.1% | -$2.68M |
|
23
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.81B | 0.72% |
8,869,400
+2,718,800
| +44% | +$568M |
|
|
24
CALL
Netflix
NFLX
$331B
| $1.76B | 0.7% |
65,898,000
-14,463,000
| -18% | -$433M |
|
|
25
CALL
Booking.com
BKNG
$158B
| $1.74B | 0.69% |
25,237,500
+5,067,500
| +25% | +$372M |
|
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.