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 | |
|---|---|---|---|---|---|---|
376
CALL
SLB Ltd
SLB
$79.9B
| $100M | 0.04% |
1,438,700
+648,700
| +82% | +$42.9M |
|
377
CALL
Phillips 66
PSX
$96.9B
| $100M | 0.04% |
1,095,200
+285,400
| +35% | +$24.2M |
|
378
PUT
Lam Research
LRCX
$393B
| $100M | 0.04% |
5,411,000
-841,000
| -13% | -$13.6M |
|
379
PUT
Illumina
ILMN
$33.1B
| $99.4M | 0.04% |
513,178
+183,910
| +56% | +$34.2M |
|
|
B
380
CALL
Barrick Mining
B
$78.3B
| $99.3M | 0.04% |
6,170,800
+1,419,700
| +30% | +$23.7M |
|
|
WBA
381
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $98.9M | 0.04% |
1,280,400
-212,700
| -14% | -$17M |
|
382
CALL
CME Group
CME
$98.9B
| $98.6M | 0.04% |
726,600
-46,500
| -6% | -$5.87M |
|
383
CALL
Equifax
EFX
$22.6B
| $98.6M | 0.04% |
930,000
+922,600
| +12,468% | +$122M |
|
384
PUT
Elevance Health
ELV
$86.9B
| $98.2M | 0.04% |
517,000
+99,000
| +24% | +$18.8M |
|
385
PUT
Capital One
COF
$134B
| $97.9M | 0.04% |
1,156,700
+227,000
| +24% | +$18.7M |
|
386
CALL
Colgate-Palmolive
CL
$72.6B
| $97.9M | 0.04% |
1,343,900
-2,017,700
| -60% | -$145M |
|
387
CALL
RTX Corp
RTX
$283B
| $97.9M | 0.04% |
1,340,004
+377,229
| +39% | +$27.9M |
|
388
CALL
VanEck Gold Miners ETF
GDX
$32B
| $97.4M | 0.04% |
4,206,000
-2,851,300
| -40% | -$65.8M |
|
389
CALL
Skyworks Solutions
SWKS
$10.1B
| $96.8M | 0.04% |
950,200
-196,600
| -17% | -$20.4M |
|
390
CALL
Lockheed Martin
LMT
$130B
| $96.8M | 0.04% |
311,900
+30,000
| +11% | +$8.95M |
|
391
CALL
Universal Display
OLED
$3.95B
| $96.6M | 0.04% |
749,700
+180,000
| +32% | +$21.8M |
|
392
CALL
American International
AIG
$39.8B
| $96M | 0.04% |
1,563,700
-193,400
| -11% | -$12.1M |
|
393
CALL
Lowe's Companies
LOW
$121B
| $95.9M | 0.04% |
1,199,600
+3,300
| +0.3% | +$253K |
|
394
CALL
CSX Corp
CSX
$95.6B
| $95.9M | 0.04% |
5,301,900
-45,300
| -0.8% | -$777K |
|
395
CALL
Ford
F
$57.5B
| $94.7M | 0.04% |
7,911,600
+1,469,200
| +23% | +$16.6M |
|
396
CALL
Targa Resources
TRGP
$64.1B
| $94.6M | 0.04% |
2,000,800
+1,632,000
| +443% | +$74.2M |
|
397
PUT
First Solar
FSLR
$23B
| $93.9M | 0.04% |
2,047,200
+656,700
| +47% | +$30.5M |
|
398
NetEase
NTES
$82.1B
| $93.9M | 0.04% |
1,779,270
+1,055,085
| +146% | +$60.6M |
|
|
399
CALL
First Solar
FSLR
$23B
| $93.9M | 0.04% |
2,045,900
-348,000
| -15% | -$16.1M |
|
400
Snap
SNAP
$8.86B
| $93.6M | 0.04% |
6,436,054
+5,683,559
| +755% | +$82.3M |
|
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.