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 | |
|---|---|---|---|---|---|---|
|
MON
276
DELISTED
Monsanto Co
MON
| $165M | 0.06% |
1,408,684
+234,786
| +20% | +$27.9M |
|
|
TWTR
277
CALL
DELISTED
Twitter, Inc.
TWTR
| $164M | 0.06% |
6,840,900
+1,452,900
| +27% | +$29.8M |
|
278
CALL
Oracle
ORCL
$422B
| $163M | 0.06% |
3,446,900
-746,800
| -18% | -$36.6M |
|
279
CALL
Starbucks
SBUX
$122B
| $163M | 0.06% |
2,834,900
-907,500
| -24% | -$51.4M |
|
280
PUT
Halliburton
HAL
$29.4B
| $163M | 0.06% |
3,325,200
+492,200
| +17% | +$21.7M |
|
281
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $162M | 0.06% |
3,290,600
+1,824,800
| +124% | +$85.9M |
|
282
PUT
CSX Corp
CSX
$95.6B
| $162M | 0.06% |
8,824,800
+4,500,600
| +104% | +$79.7M |
|
|
EXAS
283
PUT
DELISTED
Exact Sciences
EXAS
| $161M | 0.06% |
3,055,100
+30,400
| +1% | +$1.62M |
|
284
CALL
Altria Group
MO
$110B
| $160M | 0.06% |
2,247,400
+53,100
| +2% | +$3.56M |
|
285
PUT
lululemon athletica
LULU
$13.7B
| $160M | 0.06% |
2,039,700
+279,700
| +16% | +$18.6M |
|
|
EA
286
PUT
DELISTED
Electronic Arts
EA
| $160M | 0.06% |
1,525,200
+733,400
| +93% | +$81.5M |
|
287
CALL
Macy's
M
$6B
| $157M | 0.06% |
6,235,700
+4,557,900
| +272% | +$100M |
|
288
PUT
Humana
HUM
$45.5B
| $157M | 0.06% |
632,700
+115,600
| +22% | +$28.5M |
|
289
PUT
Delta Air Lines
DAL
$54.2B
| $156M | 0.05% |
2,777,400
+171,800
| +7% | +$8.98M |
|
290
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $155M | 0.05% |
1,465,700
+605,800
| +70% | +$64.2M |
|
|
291
CALL
lululemon athletica
LULU
$13.7B
| $154M | 0.05% |
1,962,400
+346,400
| +21% | +$23.1M |
|
292
PUT
Avis
CAR
$5.18B
| $154M | 0.05% |
3,501,500
+1,368,400
| +64% | +$54.4M |
|
|
XYZ
293
Block Inc
XYZ
$49.4B
| $153M | 0.05% |
4,420,238
+3,603,599
| +441% | +$132M |
|
294
PUT
Coca-Cola
KO
$392B
| $153M | 0.05% |
3,339,900
+8,200
| +0.2% | +$377K |
|
|
MON
295
CALL
DELISTED
Monsanto Co
MON
| $153M | 0.05% |
1,307,200
+39,000
| +3% | +$4.64M |
|
296
PUT
United Airlines
UAL
$36.7B
| $152M | 0.05% |
2,260,500
-209,300
| -8% | -$13M |
|
297
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $152M | 0.05% |
8,024,200
+4,879,200
| +155% | +$73.4M |
|
298
CALL
SLB Ltd
SLB
$79.9B
| $152M | 0.05% |
2,254,100
+815,400
| +57% | +$52.8M |
|
|
ATVI
299
CALL
DELISTED
Activision Blizzard
ATVI
| $151M | 0.05% |
2,388,700
+1,334,100
| +127% | +$84.4M |
|
300
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $151M | 0.05% |
3,206,217
+2,442,100
| +320% | +$113M |
|
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.