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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
McDonald's
MCD
$192B
| $161M | 0.07% |
1,051,700
-6,200
| -0.6% | -$896K |
|
227
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $159M | 0.07% |
1,387,915
+1,347,915
| +3,370% | +$155M |
|
228
CALL
PayPal
PYPL
$52.7B
| $158M | 0.07% |
2,944,200
+638,700
| +28% | +$31.4M |
|
229
PUT
United Parcel Service
UPS
$86.8B
| $158M | 0.07% |
1,424,400
-242,800
| -15% | -$26M |
|
230
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $157M | 0.07% |
+4,078,957
| New | +$156M |
|
231
Petrobras Class A
PBR.A
$111B
| $157M | 0.07% |
21,021,813
+2,470,194
| +13% | +$20.9M |
|
232
Blackstone
BX
$108B
| $156M | 0.07% |
4,678,174
-2,534,487
| -35% | -$79.5M |
|
233
PUT
Colgate-Palmolive
CL
$72.6B
| $156M | 0.07% |
2,104,200
+721,300
| +52% | +$53.6M |
|
234
CALL
VanEck Gold Miners ETF
GDX
$32B
| $156M | 0.07% |
7,057,300
+1,796,000
| +34% | +$40.9M |
|
235
CALL
Cigna
CI
$73.3B
| $155M | 0.07% |
928,100
+381,700
| +70% | +$61.3M |
|
236
PUT
Cisco
CSCO
$438B
| $154M | 0.07% |
4,918,300
+2,253,700
| +85% | +$73.4M |
|
237
Comcast
CMCSA
$95.3B
| $153M | 0.07% |
3,942,686
+485,972
| +14% | +$19.2M |
|
238
CALL
Eli Lilly
LLY
$1.12T
| $153M | 0.07% |
1,854,500
-704,200
| -28% | -$57.5M |
|
239
PUT
Blackrock
BLK
$179B
| $152M | 0.07% |
359,500
+79,400
| +28% | +$31.7M |
|
240
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $150M | 0.07% |
4,615,200
-949,400
| -17% | -$31.9M |
|
241
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $149M | 0.07% |
5,459,000
+3,310,200
| +154% | +$91.1M |
|
242
CALL
3M
MMM
$92.3B
| $149M | 0.07% |
857,652
-194,469
| -18% | -$32.5M |
|
243
PUT
Texas Instruments
TXN
$241B
| $146M | 0.06% |
1,902,700
+623,300
| +49% | +$50M |
|
244
PUT
Freeport-McMoran
FCX
$110B
| $146M | 0.06% |
12,130,500
+1,778,700
| +17% | +$21.6M |
|
|
PNRA
245
CALL
DELISTED
Panera Bread Co
PNRA
| $144M | 0.06% |
459,100
+71,900
| +19% | +$22.5M |
|
246
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $144M | 0.06% |
2,619,500
+1,030,600
| +65% | +$55.4M |
|
247
PUT
T-Mobile US
TMUS
$196B
| $144M | 0.06% |
2,374,200
+609,100
| +35% | +$39.7M |
|
248
PUT
Halliburton
HAL
$29.4B
| $144M | 0.06% |
3,364,300
+890,700
| +36% | +$40.9M |
|
249
PUT
iShares MSCI Brazil ETF
EWZ
$8.04B
| $143M | 0.06% |
4,193,800
-1,709,500
| -29% | -$61.5M |
|
250
PUT
Herbalife
HLF
$1.33B
| $143M | 0.06% |
4,006,600
-555,800
| -12% | -$18.7M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.