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 | |
|---|---|---|---|---|---|---|
326
CALL
Autodesk
ADSK
$53.6B
| $122M | 0.05% |
1,086,500
+118,500
| +12% | +$13.1M |
|
327
CALL
EOG Resources
EOG
$80.3B
| $121M | 0.05% |
1,247,500
+314,500
| +34% | +$28.4M |
|
328
CALL
3M
MMM
$92.3B
| $119M | 0.05% |
679,208
-178,444
| -21% | -$30.9M |
|
|
ILG
329
PUT
DELISTED
ILG, Inc Common Stock
ILG
| $119M | 0.05% |
4,434,400
-607,700
| -12% | -$16.1M |
|
330
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $118M | 0.05% |
1,662,100
-133,800
| -7% | -$9.2M |
|
331
PUT
American Express
AXP
$227B
| $117M | 0.05% |
1,296,900
-150,500
| -10% | -$12.9M |
|
332
Baidu
BIDU
$31.6B
| $117M | 0.05% |
470,351
-168,650
| -26% | -$36.8M |
|
333
CALL
US Bancorp
USB
$96.7B
| $116M | 0.04% |
2,161,200
-255,800
| -11% | -$13.4M |
|
334
Teva Pharmaceuticals
TEVA
$43.5B
| $114M | 0.04% |
6,505,011
+3,429,987
| +112% | +$77.2M |
|
335
PUT
Bath & Body Works
BBWI
$3.92B
| $114M | 0.04% |
3,393,710
+2,544,138
| +299% | +$85.4M |
|
336
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.53B
| $114M | 0.04% |
715,860
+194,440
| +37% | +$32.4M |
|
337
PUT
Simon Property Group
SPG
$70.6B
| $114M | 0.04% |
705,200
+76,400
| +12% | +$12.2M |
|
338
CALL
Deere & Co
DE
$175B
| $113M | 0.04% |
903,700
+140,700
| +18% | +$17.4M |
|
339
PUT
United Rentals
URI
$68.4B
| $113M | 0.04% |
812,600
-58,800
| -7% | -$7.03M |
|
340
PUT
Ulta Beauty
ULTA
$22.4B
| $113M | 0.04% |
498,200
+250,700
| +101% | +$60.3M |
|
341
PUT
iShares MSCI South Korea ETF
EWY
$27.9B
| $112M | 0.04% |
1,627,900
+845,100
| +108% | +$58.1M |
|
|
342
CALL
United Rentals
URI
$68.4B
| $112M | 0.04% |
806,700
+282,600
| +54% | +$33.8M |
|
343
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $111M | 0.04% |
2,541,800
+643,700
| +34% | +$27.9M |
|
|
PXD
344
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $111M | 0.04% |
749,300
+195,800
| +35% | +$28.1M |
|
345
CALL
Advanced Micro Devices
AMD
$773B
| $111M | 0.04% |
8,670,500
+704,700
| +9% | +$9.19M |
|
346
PUT
Medtronic
MDT
$119B
| $110M | 0.04% |
1,412,900
+722,200
| +105% | +$60M |
|
347
PUT
lululemon athletica
LULU
$13.7B
| $110M | 0.04% |
1,760,000
+92,300
| +6% | +$5.56M |
|
348
CALL
Hewlett Packard
HPE
$70.8B
| $109M | 0.04% |
7,441,700
+1,274,479
| +21% | +$17.4M |
|
349
PUT
American International
AIG
$39.8B
| $109M | 0.04% |
1,782,900
+979,700
| +122% | +$61.1M |
|
350
Oracle
ORCL
$422B
| $109M | 0.04% |
2,260,782
+1,249,861
| +124% | +$62.2M |
|
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.