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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
X
301
CALL
DELISTED
US Steel
X
| $117M | 0.05% |
5,297,200
-876,500
| -14% | -$20.8M |
|
302
CALL
Bausch Health
BHC
$2.41B
| $117M | 0.05% |
6,769,700
+3,570,500
| +112% | +$42.8M |
|
|
WBA
303
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $117M | 0.05% |
1,493,100
-562,100
| -27% | -$46.3M |
|
|
STRP
304
CALL
DELISTED
Straight Path Communications Inc.
STRP
| $117M | 0.05% |
649,300
+282,900
| +77% | +$43.1M |
|
305
CALL
Valero Energy
VLO
$100B
| $117M | 0.05% |
1,728,800
+359,000
| +26% | +$23.3M |
|
|
ANDV
306
CALL
DELISTED
Andeavor
ANDV
| $117M | 0.05% |
1,245,400
+731,000
| +142% | +$61.7M |
|
|
WBA
307
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $117M | 0.05% |
1,487,800
-363,600
| -20% | -$29.9M |
|
308
CALL
United Airlines
UAL
$36.7B
| $115M | 0.05% |
1,528,100
+51,500
| +3% | +$3.89M |
|
309
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $115M | 0.05% |
3,459,700
+1,969,500
| +132% | +$61M |
|
310
PUT
Target
TGT
$75.1B
| $115M | 0.05% |
2,194,900
-610,500
| -22% | -$33.4M |
|
311
PUT
ConocoPhillips
COP
$162B
| $115M | 0.05% |
2,610,100
+820,600
| +46% | +$38.3M |
|
312
PUT
Macy's
M
$6B
| $115M | 0.05% |
4,937,000
+678,600
| +16% | +$17.4M |
|
|
DD
313
CALL
DELISTED
Du Pont De Nemours E I
DD
| $115M | 0.05% |
1,420,700
-300,700
| -17% | -$24M |
|
314
Baidu
BIDU
$31.6B
| $114M | 0.05% |
639,001
-75,169
| -11% | -$13.6M |
|
315
CALL
Charter Communications
CHTR
$17.9B
| $114M | 0.05% |
339,200
-90,000
| -21% | -$30M |
|
316
PUT
Analog Devices
ADI
$182B
| $114M | 0.05% |
1,460,600
+1,267,400
| +656% | +$101M |
|
317
CALL
HCA Healthcare
HCA
$92.9B
| $112M | 0.05% |
1,285,600
-366,700
| -22% | -$31M |
|
|
318
PUT
United Airlines
UAL
$36.7B
| $112M | 0.05% |
1,484,700
+115,900
| +8% | +$8.75M |
|
|
TWX
319
PUT
DELISTED
Time Warner Inc
TWX
| $112M | 0.05% |
1,111,800
-68,400
| -6% | -$6.77M |
|
|
320
PUT
DuPont de Nemours
DD
$18.7B
| $111M | 0.05% |
693,569
-1,515,554
| -69% | -$241M |
|
321
CALL
Skyworks Solutions
SWKS
$10.1B
| $110M | 0.05% |
1,146,800
+148,300
| +15% | +$15.2M |
|
322
CALL
American International
AIG
$39.8B
| $110M | 0.05% |
1,757,100
-827,800
| -32% | -$51.5M |
|
|
SINA
323
DELISTED
Sina Corp
SINA
| $110M | 0.05% |
1,292,718
+300,435
| +30% | +$25.3M |
|
324
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $110M | 0.05% |
2,450,800
+706,200
| +40% | +$31.6M |
|
325
CALL
CarMax
KMX
$8.82B
| $109M | 0.05% |
1,735,000
+1,375,000
| +382% | +$83.1M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.