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 | |
|---|---|---|---|---|---|---|
376
CALL
ConocoPhillips
COP
$162B
| $92.6M | 0.04% |
2,107,300
+35,800
| +2% | +$1.67M |
|
377
CALL
Constellation Brands
STZ
$23.2B
| $92.1M | 0.04% |
475,400
-676,600
| -59% | -$120M |
|
|
AET
378
PUT
DELISTED
Aetna Inc
AET
| $91.6M | 0.04% |
603,200
-217,700
| -27% | -$30.8M |
|
379
CALL
TransDigm Group
TDG
$66.4B
| $91.1M | 0.04% |
339,000
+159,700
| +89% | +$40.5M |
|
380
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $90.6M | 0.04% |
2,713,515
-619,429
| -19% | -$20.6M |
|
381
CALL
Snap
SNAP
$8.86B
| $89.8M | 0.04% |
5,055,900
+2,696,500
| +114% | +$54.4M |
|
382
CALL
Capital One
COF
$134B
| $89.8M | 0.04% |
1,086,500
+152,700
| +16% | +$12.4M |
|
383
Bausch Health
BHC
$2.41B
| $89.8M | 0.04% |
5,188,439
-702,544
| -12% | -$8.42M |
|
384
PUT
Lam Research
LRCX
$393B
| $88.4M | 0.04% |
6,252,000
+4,236,000
| +210% | +$62.1M |
|
385
PUT
VanEck Semiconductor ETF
SMH
$66.4B
| $88.4M | 0.04% |
2,160,000
+1,370,600
| +174% | +$56.6M |
|
|
PXD
386
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $88.3M | 0.04% |
553,500
-82,500
| -13% | -$14.1M |
|
387
Advanced Micro Devices
AMD
$773B
| $88.3M | 0.04% |
7,075,609
+3,031,591
| +75% | +$37.1M |
|
388
PUT
Delta Air Lines
DAL
$54.2B
| $88.2M | 0.04% |
1,641,600
+209,300
| +15% | +$10.3M |
|
389
PUT
Seagate
STX
$193B
| $87.8M | 0.04% |
2,265,500
-428,300
| -16% | -$18.7M |
|
|
390
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $87.6M | 0.04% |
2,625,200
+1,363,800
| +108% | +$45.4M |
|
391
PUT
Kraft Heinz
KHC
$30.3B
| $87.3M | 0.04% |
1,019,200
+122,900
| +14% | +$11.1M |
|
392
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $87.1M | 0.04% |
682,175
-264,800
| -28% | -$36.2M |
|
|
RTN
393
PUT
DELISTED
Raytheon Company
RTN
| $86.6M | 0.04% |
536,500
-82,200
| -13% | -$13M |
|
|
DISH
394
CALL
DELISTED
DISH Network Corp.
DISH
| $86.6M | 0.04% |
1,379,800
+43,200
| +3% | +$2.72M |
|
395
CALL
NetEase
NTES
$82.1B
| $85.9M | 0.04% |
1,428,500
+189,500
| +15% | +$10.9M |
|
396
ExxonMobil
XOM
$679B
| $85.5M | 0.04% |
1,059,589
+122,180
| +13% | +$10M |
|
397
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $85.5M | 0.04% |
1,079,100
-471,900
| -30% | -$36M |
|
398
PUT
McKesson
MCK
$100B
| $85.4M | 0.04% |
519,200
-24,300
| -4% | -$3.68M |
|
399
Home Depot
HD
$335B
| $84.9M | 0.04% |
553,743
+548,743
| +10,975% | +$84.2M |
|
400
CALL
EOG Resources
EOG
$80.3B
| $84.5M | 0.04% |
933,000
-463,300
| -33% | -$42.7M |
|
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.