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
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MBLY
226
PUT
DELISTED
Mobileye N.V.
MBLY
| $152M | 0.08% |
2,471,400
-1,500
| -0.1% | -$72.1K |
|
227
Microsoft
MSFT
$3.59T
| $149M | 0.08% |
2,264,078
+476,169
| +27% | +$30.5M |
|
228
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.69B
| $149M | 0.08% |
4,141,400
+2,685,300
| +184% | +$101M |
|
229
PUT
Charter Communications
CHTR
$17.9B
| $147M | 0.07% |
449,500
-600,300
| -57% | -$191M |
|
230
CALL
HCA Healthcare
HCA
$92.9B
| $147M | 0.07% |
1,652,300
+554,500
| +51% | +$46.2M |
|
231
PUT
Salesforce
CRM
$171B
| $147M | 0.07% |
1,780,800
-824,100
| -32% | -$65.8M |
|
|
PNRA
232
PUT
DELISTED
Panera Bread Co
PNRA
| $145M | 0.07% |
555,500
+208,200
| +60% | +$47.3M |
|
233
CALL
Lowe's Companies
LOW
$121B
| $145M | 0.07% |
1,762,700
+752,700
| +75% | +$57.6M |
|
|
MON
234
CALL
DELISTED
Monsanto Co
MON
| $145M | 0.07% |
1,278,900
+143,500
| +13% | +$15.9M |
|
235
CALL
Mastercard
MA
$509B
| $144M | 0.07% |
1,282,900
-735,500
| -36% | -$80.6M |
|
236
CALL
Costco
COST
$420B
| $144M | 0.07% |
859,100
+369,400
| +75% | +$61.9M |
|
|
237
CALL
Salesforce
CRM
$171B
| $143M | 0.07% |
1,739,400
-306,900
| -15% | -$24.5M |
|
238
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $143M | 0.07% |
2,619,900
+700,100
| +36% | +$39.2M |
|
239
PUT
Visa
V
$693B
| $143M | 0.07% |
1,608,300
-767,000
| -32% | -$66M |
|
240
CALL
PepsiCo
PEP
$196B
| $142M | 0.07% |
1,268,000
-126,500
| -9% | -$13.6M |
|
241
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $142M | 0.07% |
946,975
-442,200
| -32% | -$68.9M |
|
242
CALL
Nike
NKE
$60.5B
| $142M | 0.07% |
2,544,400
+433,200
| +21% | +$23.9M |
|
243
PUT
Ford
F
$57.5B
| $141M | 0.07% |
12,135,000
-1,406,500
| -10% | -$17.5M |
|
244
CALL
Baidu
BIDU
$31.6B
| $141M | 0.07% |
815,800
-468,200
| -36% | -$82.4M |
|
|
245
CALL
Charter Communications
CHTR
$17.9B
| $140M | 0.07% |
429,200
-732,800
| -63% | -$233M |
|
246
PUT
Skyworks Solutions
SWKS
$10.1B
| $140M | 0.07% |
1,424,100
+137,100
| +11% | +$12.5M |
|
247
PUT
Philip Morris
PM
$293B
| $139M | 0.07% |
1,231,300
-73,200
| -6% | -$7.55M |
|
248
PUT
American Airlines Group
AAL
$9.15B
| $138M | 0.07% |
3,272,600
+166,900
| +5% | +$7.55M |
|
249
PUT
Freeport-McMoran
FCX
$110B
| $138M | 0.07% |
10,351,800
+3,437,700
| +50% | +$49.4M |
|
|
DD
250
CALL
DELISTED
Du Pont De Nemours E I
DD
| $138M | 0.07% |
1,721,400
-463,500
| -21% | -$36M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.