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 | |
|---|---|---|---|---|---|---|
251
CALL
Freeport-McMoran
FCX
$110B
| $190M | 0.07% |
10,004,600
+4,050,200
| +68% | +$61.1M |
|
252
CALL
FedEx
FDX
$76.9B
| $189M | 0.07% |
759,100
+161,800
| +27% | +$37M |
|
253
PUT
Macy's
M
$6B
| $189M | 0.07% |
7,517,700
+2,770,100
| +58% | +$60.8M |
|
254
PUT
Snap
SNAP
$8.86B
| $188M | 0.07% |
12,896,400
+2,127,800
| +20% | +$31M |
|
255
CALL
Palo Alto Networks
PANW
$292B
| $186M | 0.07% |
7,711,800
+464,400
| +6% | +$11.3M |
|
256
CALL
Mondelez International
MDLZ
$82.3B
| $185M | 0.07% |
4,333,600
+2,137,600
| +97% | +$89.8M |
|
257
PUT
Northrop Grumman
NOC
$78.3B
| $185M | 0.07% |
603,600
+171,100
| +40% | +$51.4M |
|
258
PUT
Teva Pharmaceuticals
TEVA
$43.5B
| $184M | 0.06% |
9,714,000
-994,800
| -9% | -$15M |
|
259
Qualcomm
QCOM
$169B
| $181M | 0.06% |
2,827,008
-1,422,802
| -33% | -$86.3M |
|
260
CALL
Salesforce
CRM
$171B
| $181M | 0.06% |
1,767,200
-328,400
| -16% | -$33.5M |
|
261
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.53B
| $181M | 0.06% |
1,139,760
-33,500
| -3% | -$5.04M |
|
262
PUT
Universal Display
OLED
$3.95B
| $178M | 0.06% |
1,031,200
+360,900
| +54% | +$57.5M |
|
263
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $177M | 0.06% |
1,192,600
+229,775
| +24% | +$32M |
|
264
CALL
Valero Energy
VLO
$100B
| $176M | 0.06% |
1,912,600
-546,600
| -22% | -$45.1M |
|
265
PUT
Merck
MRK
$376B
| $176M | 0.06% |
3,272,590
-1,852,444
| -36% | -$103M |
|
|
X
266
PUT
DELISTED
US Steel
X
| $172M | 0.06% |
4,875,800
+21,200
| +0.4% | +$617K |
|
|
X
267
CALL
DELISTED
US Steel
X
| $171M | 0.06% |
4,871,800
+1,522,800
| +45% | +$44.3M |
|
268
CALL
Lowe's Companies
LOW
$121B
| $171M | 0.06% |
1,844,300
+644,700
| +54% | +$53.3M |
|
269
PUT
Adobe
ADBE
$109B
| $169M | 0.06% |
965,400
-240,500
| -20% | -$41.4M |
|
|
RTN
270
PUT
DELISTED
Raytheon Company
RTN
| $169M | 0.06% |
899,000
+428,800
| +91% | +$80M |
|
271
CALL
United States Oil Fund
USO
$2.24B
| $167M | 0.06% |
1,742,825
-2,056,300
| -54% | -$183M |
|
272
PUT
AutoZone
AZO
$48.3B
| $165M | 0.06% |
232,400
-145,300
| -38% | -$92.9M |
|
273
PUT
Deere & Co
DE
$175B
| $165M | 0.06% |
1,055,200
+24,400
| +2% | +$3.41M |
|
274
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $165M | 0.06% |
1,889,400
-747,100
| -28% | -$65.6M |
|
275
Peabody Energy
BTU
$3.37B
| $165M | 0.06% |
4,186,467
-78,991
| -2% | -$2.56M |
|
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.