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 | |
|---|---|---|---|---|---|---|
351
PUT
Texas Instruments
TXN
$241B
| $109M | 0.04% |
1,218,500
-684,200
| -36% | -$56.3M |
|
|
ALXN
352
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $109M | 0.04% |
778,000
-314,600
| -29% | -$42.7M |
|
|
WBA
353
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $109M | 0.04% |
1,408,300
-79,500
| -5% | -$6.37M |
|
|
LNW
354
DELISTED
Light & Wonder
LNW
| $109M | 0.04% |
2,369,566
-218,739
| -8% | -$7.63M |
|
355
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $108M | 0.04% |
1,911,200
-441,300
| -19% | -$23.7M |
|
356
CALL
Agnico Eagle Mines
AEM
$109B
| $108M | 0.04% |
2,381,200
-352,400
| -13% | -$16.5M |
|
357
CALL
Humana
HUM
$45.5B
| $107M | 0.04% |
440,700
-110,700
| -20% | -$27.1M |
|
358
CALL
CVS Health
CVS
$119B
| $106M | 0.04% |
1,308,600
-423,200
| -24% | -$33.5M |
|
359
PUT
General Dynamics
GD
$104B
| $106M | 0.04% |
517,500
+227,200
| +78% | +$45.5M |
|
360
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $105M | 0.04% |
3,975,000
-805,600
| -17% | -$21.6M |
|
361
PUT
Lowe's Companies
LOW
$121B
| $105M | 0.04% |
1,314,900
-8,700
| -0.7% | -$666K |
|
362
CALL
BP
BP
$115B
| $105M | 0.04% |
3,023,997
-168,036
| -5% | -$5.34M |
|
363
PUT
Albemarle
ALB
$16.9B
| $104M | 0.04% |
765,600
+639,500
| +507% | +$76M |
|
364
CALL
T-Mobile US
TMUS
$196B
| $104M | 0.04% |
1,689,100
-98,800
| -6% | -$6.2M |
|
365
CALL
Marathon Petroleum
MPC
$101B
| $104M | 0.04% |
1,856,500
+52,800
| +3% | +$2.83M |
|
366
CALL
Accenture
ACN
$113B
| $104M | 0.04% |
768,900
+114,100
| +17% | +$14.9M |
|
367
PUT
Macy's
M
$6B
| $104M | 0.04% |
4,747,600
-189,400
| -4% | -$4.16M |
|
|
UNIT
368
PUT
Uniti Group
UNIT
$2.42B
| $103M | 0.04% |
7,058,900
+6,964,700
| +7,394% | +$147M |
|
369
CALL
Williams Companies
WMB
$86.2B
| $103M | 0.04% |
3,448,300
+2,244,100
| +186% | +$68.3M |
|
370
PUT
Fortinet
FTNT
$113B
| $103M | 0.04% |
14,376,000
+13,783,500
| +2,326% | +$105M |
|
371
CALL
Blackrock
BLK
$179B
| $102M | 0.04% |
227,800
-61,900
| -21% | -$26.4M |
|
372
PUT
HSBC
HSBC
$357B
| $101M | 0.04% |
2,242,681
+472,132
| +27% | +$20.9M |
|
373
CALL
lululemon athletica
LULU
$13.7B
| $101M | 0.04% |
1,616,000
-130,600
| -7% | -$7.87M |
|
374
CALL
Western Digital
WDC
$166B
| $101M | 0.04% |
1,539,707
-564,525
| -27% | -$37.5M |
|
|
375
PUT
T-Mobile US
TMUS
$196B
| $100M | 0.04% |
1,628,000
-746,200
| -31% | -$46.8M |
|
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.