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 | |
|---|---|---|---|---|---|---|
251
PUT
PepsiCo
PEP
$196B
| $143M | 0.06% |
1,234,000
+309,900
| +34% | +$35.5M |
|
252
PUT
AbbVie
ABBV
$468B
| $142M | 0.06% |
1,958,300
+598,400
| +44% | +$40.2M |
|
253
PUT
Best Buy
BBY
$18.1B
| $141M | 0.06% |
2,466,300
+1,766,800
| +253% | +$94.4M |
|
254
PUT
Deere & Co
DE
$175B
| $141M | 0.06% |
1,142,600
+560,500
| +96% | +$65.8M |
|
255
CALL
Western Digital
WDC
$166B
| $141M | 0.06% |
2,104,232
-1,475,806
| -41% | -$98M |
|
256
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.5B
| $141M | 0.06% |
931,260
+726,845
| +356% | +$126M |
|
257
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $141M | 0.06% |
1,272,700
-302,200
| -19% | -$32.2M |
|
258
PUT
Advanced Micro Devices
AMD
$773B
| $140M | 0.06% |
11,243,200
+3,978,600
| +55% | +$48.6M |
|
259
PUT
Oracle
ORCL
$422B
| $140M | 0.06% |
2,784,400
+1,193,800
| +75% | +$54.4M |
|
260
CALL
CVS Health
CVS
$119B
| $139M | 0.06% |
1,731,800
+726,200
| +72% | +$57.3M |
|
|
ILG
261
PUT
DELISTED
ILG, Inc Common Stock
ILG
| $139M | 0.06% |
5,042,100
+774,800
| +18% | +$19.6M |
|
262
PUT
Philip Morris
PM
$293B
| $138M | 0.06% |
1,176,100
-55,200
| -4% | -$6.39M |
|
263
CALL
Norfolk Southern
NSC
$78.8B
| $138M | 0.06% |
1,130,600
+581,300
| +106% | +$68.3M |
|
|
TWTR
264
PUT
DELISTED
Twitter, Inc.
TWTR
| $137M | 0.06% |
7,676,000
-3,135,600
| -29% | -$53.4M |
|
265
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $136M | 0.06% |
1,699,600
+468,100
| +38% | +$37.2M |
|
266
CALL
Qualcomm
QCOM
$169B
| $135M | 0.06% |
2,450,500
+758,600
| +45% | +$42.4M |
|
267
ProShares Short VIX Short-Term Futures ETF
SVXY
$244M
| $135M | 0.06% |
836,039
+369,436
| +79% | +$54.9M |
|
268
CALL
Baidu
BIDU
$31.6B
| $135M | 0.06% |
753,700
-62,100
| -8% | -$11.3M |
|
269
PUT
Skyworks Solutions
SWKS
$10.1B
| $134M | 0.06% |
1,396,900
-27,200
| -2% | -$2.79M |
|
270
SPDR Gold Trust
GLD
$154B
| $134M | 0.06% |
+1,135,250
| New | +$136M |
|
271
Mondelez International
MDLZ
$82.3B
| $133M | 0.06% |
3,083,680
+2,619,847
| +565% | +$118M |
|
|
ALXN
272
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $133M | 0.06% |
1,092,600
+547,900
| +101% | +$63.8M |
|
273
CALL
Humana
HUM
$45.5B
| $133M | 0.06% |
551,400
-52,300
| -9% | -$11.8M |
|
274
PUT
Eli Lilly
LLY
$1.12T
| $131M | 0.06% |
1,593,800
+210,000
| +15% | +$17.1M |
|
275
CALL
Altria Group
MO
$110B
| $129M | 0.06% |
1,736,200
+61,000
| +4% | +$4.46M |
|
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.