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 | |
|---|---|---|---|---|---|---|
|
MON
276
DELISTED
Monsanto Co
MON
| $141M | 0.05% |
1,173,898
+357,783
| +44% | +$42.1M |
|
277
PUT
Mondelez International
MDLZ
$82.3B
| $140M | 0.05% |
3,453,700
+671,500
| +24% | +$28.5M |
|
278
iShares MSCI EAFE ETF
EFA
$80B
| $140M | 0.05% |
2,043,706
+109,435
| +6% | +$7.32M |
|
279
CALL
Altria Group
MO
$110B
| $139M | 0.05% |
2,194,300
+458,100
| +26% | +$30.5M |
|
|
B
280
PUT
Barrick Mining
B
$78.3B
| $139M | 0.05% |
8,638,600
+844,200
| +11% | +$14.1M |
|
281
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $139M | 0.05% |
4,058,200
-557,000
| -12% | -$18.1M |
|
282
PUT
Charter Communications
CHTR
$17.9B
| $138M | 0.05% |
380,400
+25,200
| +7% | +$9.38M |
|
283
PUT
Best Buy
BBY
$18.1B
| $138M | 0.05% |
2,420,000
-46,300
| -2% | -$2.65M |
|
284
PUT
PayPal
PYPL
$52.7B
| $138M | 0.05% |
2,151,900
+1,037,800
| +93% | +$62.2M |
|
285
PUT
Shopify
SHOP
$192B
| $137M | 0.05% |
11,799,000
+4,242,000
| +56% | +$43.3M |
|
286
CALL
Honeywell
HON
$68.4B
| $136M | 0.05% |
1,062,495
+181,437
| +21% | +$22.5M |
|
|
TWX
287
CALL
DELISTED
Time Warner Inc
TWX
| $135M | 0.05% |
1,320,500
-673,300
| -34% | -$68.3M |
|
288
CALL
Morgan Stanley
MS
$336B
| $135M | 0.05% |
2,801,600
-2,175,400
| -44% | -$101M |
|
289
CALL
Qualcomm
QCOM
$169B
| $135M | 0.05% |
2,603,100
+152,600
| +6% | +$8.07M |
|
290
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $135M | 0.05% |
719,554
-116,485
| -14% | -$19.6M |
|
291
PUT
Domino's
DPZ
$11.3B
| $135M | 0.05% |
679,200
+306,000
| +82% | +$59.6M |
|
292
CALL
FedEx
FDX
$76.9B
| $135M | 0.05% |
597,300
-186,200
| -24% | -$39.6M |
|
293
CALL
Eli Lilly
LLY
$1.12T
| $135M | 0.05% |
1,573,600
-280,900
| -15% | -$23M |
|
294
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $134M | 0.05% |
1,514,700
-1,853,200
| -55% | -$164M |
|
295
PUT
Colgate-Palmolive
CL
$72.6B
| $134M | 0.05% |
1,845,100
-259,100
| -12% | -$18.7M |
|
296
NXP Semiconductors
NXPI
$56.9B
| $134M | 0.05% |
1,183,901
+327,655
| +38% | +$36.5M |
|
297
Boeing
BA
$169B
| $133M | 0.05% |
523,569
+499,766
| +2,100% | +$116M |
|
|
STMP
298
PUT
DELISTED
Stamps.com, Inc.
STMP
| $133M | 0.05% |
654,800
+521,400
| +391% | +$95.6M |
|
299
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $131M | 0.05% |
962,825
+280,650
| +41% | +$35.2M |
|
300
CALL
Alnylam Pharmaceuticals
ALNY
$31.6B
| $131M | 0.05% |
1,114,100
+816,000
| +274% | +$69.7M |
|
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.