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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 91.94% |
| 2 | Technology | 2.38% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.04% |
| 5 | Healthcare | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2626
US Bancorp
USB
$97.2B
| $4.45M | ﹤0.01% |
83,000
-4,900
| -6% | -$256K |
|
2627
PUT
Paychex
PAYX
$45B
| $4.44M | ﹤0.01% |
74,100
-159,500
| -68% | -$9.11M |
|
2628
PUT
Icahn Enterprises
IEP
$4.78B
| $4.44M | ﹤0.01% |
80,900
-59,400
| -42% | -$3.12M |
|
|
UN
2629
PUT
DELISTED
Unilever NV New York Registry Shares
UN
| $4.43M | ﹤0.01% |
75,100
-38,400
| -34% | -$2.24M |
|
2630
CALL
Agios Pharmaceuticals
AGIO
$2.05B
| $4.43M | ﹤0.01% |
66,300
+30,400
| +85% | +$1.83M |
|
2631
IPG Photonics
IPGP
$3.29B
| $4.42M | ﹤0.01% |
23,907
+6,280
| +36% | +$1.04M |
|
|
XIV
2632
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $4.42M | ﹤0.01% |
45,287
-17,110
| -27% | -$1.5M |
|
2633
CALL
ON Semiconductor
ON
$29.1B
| $4.42M | ﹤0.01% |
239,100
+141,000
| +144% | +$2.27M |
|
2634
iShares US Medical Devices ETF
IHI
$3.37B
| $4.41M | ﹤0.01% |
158,550
+132,882
| +518% | +$3.68M |
|
|
LOXO
2635
CALL
DELISTED
Loxo Oncology, Inc
LOXO
| $4.41M | ﹤0.01% |
47,900
+37,900
| +379% | +$2.94M |
|
2636
CALL
Madison Square Garden
MSGS
$9.48B
| $4.41M | ﹤0.01% |
28,881
-21,030
| -42% | -$3.18M |
|
2637
PUT
Intercontinental Exchange
ICE
$90.5B
| $4.4M | ﹤0.01% |
64,000
-9,000
| -12% | -$593K |
|
|
SGYP
2638
PUT
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $4.39M | ﹤0.01% |
1,515,400
+139,000
| +10% | +$474K |
|
2639
CALL
CGI
GIB
$15.4B
| $4.39M | ﹤0.01% |
84,700
-15,400
| -15% | -$791K |
|
|
BPT
2640
PUT
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $4.39M | ﹤0.01% |
195,400
-9,600
| -5% | -$195K |
|
|
RESP
2641
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $4.37M | ﹤0.01% |
146,727
+68,442
| +87% | +$2M |
|
2642
CALL
Coeur Mining
CDE
$22.8B
| $4.37M | ﹤0.01% |
475,700
-222,000
| -32% | -$1.89M |
|
2643
Schwab US Aggregate Bond ETF
SCHZ
$10.7B
| $4.37M | ﹤0.01% |
+166,952
| New | +$4.38M |
|
|
DISCK
2644
PUT
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $4.37M | ﹤0.01% |
215,700
+133,200
| +161% | +$2.99M |
|
2645
Axos Financial
AX
$5.52B
| $4.37M | ﹤0.01% |
153,426
-244,396
| -61% | -$6.39M |
|
2646
Outfront Media
OUT
$5.3B
| $4.37M | ﹤0.01% |
176,226
-24,338
| -12% | -$536K |
|
2647
PUT
AptarGroup
ATR
$8.45B
| $4.37M | ﹤0.01% |
+50,600
| New | +$4.3M |
|
|
MZOR
2648
CALL
DELISTED
Mazor Robotics Ltd.
MZOR
| $4.36M | ﹤0.01% |
88,400
+15,100
| +21% | +$630K |
|
|
DVAX
2649
PUT
DELISTED
Dynavax Technologies
DVAX
| $4.36M | ﹤0.01% |
202,800
-176,900
| -47% | -$2.8M |
|
2650
CALL
Mercury Systems
MRCY
$5.44B
| $4.36M | ﹤0.01% |
84,000
+61,200
| +268% | +$2.82M |
|
Similar funds
Jeff Yass's Q3 2017 Portfolio in Review
As of Q3 2017, Jeff Yass held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q3 2017 filing shows 1,312 new, 3,605 increased, 3,645 reduced and 1,693 closed positions. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $474M.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Jeff Yass added most to Apple in Q3 2017, an estimated $1.31B increase.
- Jeff Yass's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Jeff Yass fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Jeff Yass's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Jeff Yass opened 1,312 new positions and closed 1,693 in Q3 2017.
- Jeff Yass's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.