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 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.42% |
| 3 | Communication Services | 1.04% |
| 4 | Healthcare | 0.74% |
| 5 | Financials | 0.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Starbucks
SBUX
$122B
| $160M | 0.06% |
2,973,455
+1,803,335
| +154% | +$99.9M |
|
|
TWTR
252
PUT
DELISTED
Twitter, Inc.
TWTR
| $158M | 0.06% |
9,358,700
+1,682,700
| +22% | +$29.4M |
|
253
Blackstone
BX
$108B
| $157M | 0.06% |
4,712,878
+34,704
| +0.7% | +$1.14M |
|
254
Petrobras Class A
PBR.A
$111B
| $157M | 0.06% |
16,278,550
-4,743,263
| -23% | -$41.3M |
|
255
VanEck Junior Gold Miners ETF
GDXJ
$9.69B
| $157M | 0.06% |
4,676,200
+1,962,685
| +72% | +$66.4M |
|
256
PUT
Kraft Heinz
KHC
$30.3B
| $157M | 0.06% |
2,023,800
+1,004,600
| +99% | +$84M |
|
257
PUT
Snap
SNAP
$8.86B
| $157M | 0.06% |
10,768,600
+591,800
| +6% | +$8.56M |
|
258
PUT
Skyworks Solutions
SWKS
$10.1B
| $156M | 0.06% |
1,529,800
+132,900
| +10% | +$13.8M |
|
259
PUT
AbbVie
ABBV
$468B
| $155M | 0.06% |
1,744,200
-214,100
| -11% | -$16.3M |
|
260
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.86B
| $155M | 0.06% |
2,143,400
+1,143,400
| +114% | +$81.2M |
|
|
MON
261
CALL
DELISTED
Monsanto Co
MON
| $152M | 0.06% |
1,268,200
-424,000
| -25% | -$49.9M |
|
262
PUT
Advanced Micro Devices
AMD
$773B
| $151M | 0.06% |
11,815,800
+572,600
| +5% | +$7.47M |
|
263
PUT
United Airlines
UAL
$36.7B
| $150M | 0.06% |
2,469,800
+985,100
| +66% | +$65.6M |
|
264
PUT
Coca-Cola
KO
$392B
| $150M | 0.06% |
3,331,700
-597,600
| -15% | -$27.2M |
|
265
CALL
Nike
NKE
$60.5B
| $149M | 0.06% |
2,870,700
-351,100
| -11% | -$19.7M |
|
266
Broadcom
AVGO
$1.75T
| $148M | 0.06% |
6,099,640
+728,260
| +14% | +$18M |
|
267
Ford
F
$57.5B
| $147M | 0.06% |
12,279,239
-2,183,737
| -15% | -$24.6M |
|
268
CALL
Delta Air Lines
DAL
$54.2B
| $147M | 0.06% |
3,047,400
+745,400
| +32% | +$37.2M |
|
269
CALL
Mercado Libre
MELI
$97.5B
| $147M | 0.06% |
566,200
+387,600
| +217% | +$103M |
|
270
CALL
Adobe
ADBE
$109B
| $147M | 0.06% |
982,100
+136,300
| +16% | +$20.3M |
|
|
271
Nike
NKE
$60.5B
| $145M | 0.06% |
2,796,150
+2,152,747
| +335% | +$121M |
|
272
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $143M | 0.06% |
4,848,000
-611,000
| -11% | -$17.6M |
|
273
PUT
Expedia Group
EXPE
$38.6B
| $143M | 0.06% |
994,300
+334,200
| +51% | +$49.5M |
|
|
EXAS
274
PUT
DELISTED
Exact Sciences
EXAS
| $143M | 0.06% |
3,024,700
+917,200
| +44% | +$36.9M |
|
275
CALL
NetEase
NTES
$82.1B
| $142M | 0.05% |
2,686,500
+1,258,000
| +88% | +$72.2M |
|
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 deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- 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.