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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
VanEck Junior Gold Miners ETF
GDXJ
$9.69B
| $120M | 0.06% |
+3,332,944
| New | +$125M |
|
277
CALL
Altria Group
MO
$110B
| $120M | 0.06% |
1,675,200
-179,800
| -10% | -$13M |
|
278
CALL
Lockheed Martin
LMT
$130B
| $119M | 0.06% |
446,000
-127,400
| -22% | -$33.4M |
|
279
CVS Health
CVS
$119B
| $119M | 0.06% |
1,516,865
+1,219,040
| +409% | +$97.3M |
|
|
PXD
280
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $118M | 0.06% |
636,000
-441,100
| -41% | -$81.8M |
|
281
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $118M | 0.06% |
1,209,900
-77,400
| -6% | -$7.41M |
|
282
CALL
Honeywell
HON
$68.4B
| $118M | 0.06% |
1,047,661
-455,308
| -30% | -$50.3M |
|
283
NETSCOUT
NTCT
$2.8B
| $118M | 0.06% |
3,101,476
-793,277
| -20% | -$28M |
|
284
CALL
Starbucks
SBUX
$122B
| $117M | 0.06% |
2,005,900
-845,900
| -30% | -$47.9M |
|
285
PUT
Eli Lilly
LLY
$1.12T
| $116M | 0.06% |
1,383,800
-1,329,700
| -49% | -$107M |
|
|
PXD
286
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $116M | 0.06% |
623,900
-43,200
| -6% | -$8.01M |
|
287
CALL
US Bancorp
USB
$96.7B
| $116M | 0.06% |
2,252,200
-567,100
| -20% | -$30.2M |
|
|
B
288
PUT
Barrick Mining
B
$78.3B
| $116M | 0.06% |
6,094,300
-2,704,500
| -31% | -$49.9M |
|
289
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $116M | 0.06% |
1,556,200
+565,600
| +57% | +$41.2M |
|
|
290
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $115M | 0.06% |
1,551,000
+829,400
| +115% | +$60.5M |
|
|
TWX
291
PUT
DELISTED
Time Warner Inc
TWX
| $115M | 0.06% |
1,180,200
-68,000
| -5% | -$6.58M |
|
|
TWTR
292
DELISTED
Twitter, Inc.
TWTR
| $115M | 0.06% |
7,682,499
-1,604,777
| -17% | -$26.1M |
|
293
Goldman Sachs
GS
$303B
| $114M | 0.06% |
497,194
+487,466
| +5,011% | +$118M |
|
294
PUT
T-Mobile US
TMUS
$196B
| $114M | 0.06% |
1,765,100
+941,100
| +114% | +$57.9M |
|
295
CALL
RTX Corp
RTX
$283B
| $113M | 0.06% |
1,605,843
-583,640
| -27% | -$41M |
|
296
CALL
Elevance Health
ELV
$86.9B
| $113M | 0.06% |
685,500
+261,000
| +61% | +$41.5M |
|
297
iShares Silver Trust
SLV
$33.8B
| $113M | 0.06% |
6,570,435
-976,958
| -13% | -$16.2M |
|
298
Ford
F
$57.5B
| $113M | 0.06% |
9,684,458
-1,417,394
| -13% | -$17.6M |
|
|
YHOO
299
PUT
DELISTED
Yahoo Inc
YHOO
| $111M | 0.06% |
2,399,800
-208,700
| -8% | -$9.32M |
|
300
PUT
General Dynamics
GD
$104B
| $111M | 0.06% |
594,500
+367,400
| +162% | +$67.9M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.