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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Mondelez International
MDLZ
$82.3B
| $213M | 0.08% |
4,977,300
+1,523,600
| +44% | +$64M |
|
227
PUT
Lam Research
LRCX
$393B
| $213M | 0.08% |
11,567,000
+6,156,000
| +114% | +$121M |
|
228
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $212M | 0.07% |
8,039,600
+1,284,400
| +19% | +$35.2M |
|
229
CALL
MetLife
MET
$60B
| $209M | 0.07% |
4,138,900
-1,528,000
| -27% | -$80.5M |
|
230
Tesla
TSLA
$1.43T
| $208M | 0.07% |
10,027,650
-4,513,890
| -31% | -$98.2M |
|
|
TWX
231
CALL
DELISTED
Time Warner Inc
TWX
| $208M | 0.07% |
2,268,900
+948,400
| +72% | +$89.6M |
|
232
Berkshire Hathaway Class B
BRK.B
$1.06T
| $207M | 0.07% |
1,046,452
-270,473
| -21% | -$51.4M |
|
233
Broadcom
AVGO
$1.75T
| $205M | 0.07% |
7,960,520
+1,860,880
| +31% | +$48.4M |
|
234
PUT
Western Digital
WDC
$166B
| $204M | 0.07% |
3,395,744
-420,714
| -11% | -$27.1M |
|
235
CALL
Universal Display
OLED
$3.95B
| $204M | 0.07% |
1,181,300
+431,600
| +58% | +$68.8M |
|
236
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $203M | 0.07% |
586,800
+47,600
| +9% | +$16M |
|
|
XYZ
237
CALL
Block Inc
XYZ
$49.4B
| $202M | 0.07% |
5,830,800
+4,530,500
| +348% | +$166M |
|
238
PUT
Bausch Health
BHC
$2.41B
| $202M | 0.07% |
9,722,100
+795,800
| +9% | +$12.6M |
|
239
PUT
Pfizer
PFE
$160B
| $200M | 0.07% |
5,830,306
-773,215
| -12% | -$26.4M |
|
|
TWTR
240
PUT
DELISTED
Twitter, Inc.
TWTR
| $200M | 0.07% |
8,317,300
-1,041,400
| -11% | -$21.4M |
|
241
PUT
United Parcel Service
UPS
$86.8B
| $200M | 0.07% |
1,674,500
+219,800
| +15% | +$25.8M |
|
|
242
CALL
Pfizer
PFE
$160B
| $199M | 0.07% |
5,800,162
-546,288
| -9% | -$18.6M |
|
243
PUT
Honeywell
HON
$68.4B
| $196M | 0.07% |
1,418,173
+52,029
| +4% | +$6.98M |
|
244
PUT
Blackstone
BX
$108B
| $196M | 0.07% |
6,127,600
-869,100
| -12% | -$28.3M |
|
245
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $196M | 0.07% |
4,247,200
-835,000
| -16% | -$38.5M |
|
246
CALL
Expedia Group
EXPE
$38.6B
| $194M | 0.07% |
1,622,700
+395,400
| +32% | +$51.3M |
|
247
CALL
Delta Air Lines
DAL
$54.2B
| $193M | 0.07% |
3,439,300
+391,900
| +13% | +$20.5M |
|
|
TWX
248
DELISTED
Time Warner Inc
TWX
| $190M | 0.07% |
2,082,362
-386,006
| -16% | -$36.5M |
|
249
PUT
PepsiCo
PEP
$196B
| $190M | 0.07% |
1,588,100
+489,300
| +45% | +$55.9M |
|
250
PUT
Cisco
CSCO
$438B
| $190M | 0.07% |
4,963,000
-409,200
| -8% | -$14.6M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.