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 | |
|---|---|---|---|---|---|---|
301
CALL
United States Natural Gas Fund
UNG
$506M
| $150M | 0.05% |
1,606,619
+857,656
| +115% | +$82.9M |
|
|
KSU
302
PUT
DELISTED
Kansas City Southern
KSU
| $150M | 0.05% |
1,423,500
+1,060,000
| +292% | +$113M |
|
303
PUT
Advanced Micro Devices
AMD
$773B
| $149M | 0.05% |
14,499,700
+2,683,900
| +23% | +$31.4M |
|
304
CALL
Halliburton
HAL
$29.4B
| $149M | 0.05% |
3,038,700
+1,285,000
| +73% | +$56.6M |
|
305
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $146M | 0.05% |
1,722,600
-1,085,200
| -39% | -$90.9M |
|
306
CALL
American Express
AXP
$227B
| $144M | 0.05% |
1,450,800
-489,300
| -25% | -$46.6M |
|
307
PUT
PayPal
PYPL
$52.7B
| $143M | 0.05% |
1,947,700
-204,200
| -9% | -$14.8M |
|
308
PUT
Skyworks Solutions
SWKS
$10.1B
| $143M | 0.05% |
1,504,200
-25,600
| -2% | -$2.67M |
|
309
PUT
Kraft Heinz
KHC
$30.3B
| $142M | 0.05% |
1,830,800
-193,000
| -10% | -$15.2M |
|
310
Salesforce
CRM
$171B
| $142M | 0.05% |
1,391,243
-1,185
| -0.1% | -$121K |
|
311
Ford
F
$57.5B
| $141M | 0.05% |
11,328,395
-950,844
| -8% | -$11.7M |
|
312
CALL
Western Digital
WDC
$166B
| $141M | 0.05% |
2,340,519
+800,812
| +52% | +$51.6M |
|
313
PUT
Sarepta Therapeutics
SRPT
$1.98B
| $141M | 0.05% |
2,528,000
+837,900
| +50% | +$44.4M |
|
314
PUT
Oracle
ORCL
$422B
| $140M | 0.05% |
2,953,500
-568,100
| -16% | -$27.9M |
|
315
CALL
CVS Health
CVS
$119B
| $139M | 0.05% |
1,917,400
+608,800
| +47% | +$44.3M |
|
316
Petrobras Class A
PBR.A
$111B
| $137M | 0.05% |
13,942,783
-2,335,767
| -14% | -$23M |
|
317
PUT
Seagate
STX
$193B
| $136M | 0.05% |
3,257,000
+674,500
| +26% | +$25.8M |
|
318
NXP Semiconductors
NXPI
$56.9B
| $136M | 0.05% |
1,160,120
-23,781
| -2% | -$2.75M |
|
319
CALL
ConocoPhillips
COP
$162B
| $136M | 0.05% |
2,473,100
-95,000
| -4% | -$4.89M |
|
320
Netflix
NFLX
$331B
| $135M | 0.05% |
7,052,060
+1,931,720
| +38% | +$37.2M |
|
321
PUT
DuPont de Nemours
DD
$18.7B
| $135M | 0.05% |
748,932
+40,950
| +6% | +$7.38M |
|
322
CALL
Autodesk
ADSK
$53.6B
| $135M | 0.05% |
1,285,700
+199,200
| +18% | +$23.2M |
|
323
CALL
Morgan Stanley
MS
$336B
| $134M | 0.05% |
2,559,400
-242,200
| -9% | -$12.2M |
|
324
CALL
3M
MMM
$92.3B
| $134M | 0.05% |
681,959
+2,751
| +0.4% | +$529K |
|
325
PUT
Bath & Body Works
BBWI
$3.92B
| $134M | 0.05% |
2,755,418
-638,292
| -19% | -$25.8M |
|
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.