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 | |
|---|---|---|---|---|---|---|
376
PUT
Applied Materials
AMAT
$391B
| $113M | 0.04% |
2,213,300
+731,600
| +49% | +$39.6M |
|
377
CALL
American International
AIG
$39.8B
| $113M | 0.04% |
1,893,100
+329,400
| +21% | +$20.2M |
|
378
CALL
Agnico Eagle Mines
AEM
$109B
| $112M | 0.04% |
2,434,900
+53,700
| +2% | +$2.4M |
|
379
CALL
Sarepta Therapeutics
SRPT
$1.98B
| $112M | 0.04% |
2,019,700
+884,900
| +78% | +$46.9M |
|
380
PUT
Workday
WDAY
$49.4B
| $112M | 0.04% |
1,103,200
+506,300
| +85% | +$54.1M |
|
381
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $112M | 0.04% |
1,889,300
-468,500
| -20% | -$27M |
|
382
CALL
RTX Corp
RTX
$283B
| $112M | 0.04% |
1,389,739
+49,735
| +4% | +$3.78M |
|
383
PUT
Valero Energy
VLO
$100B
| $111M | 0.04% |
1,211,700
+109,200
| +10% | +$9.01M |
|
384
PUT
Shopify
SHOP
$192B
| $111M | 0.04% |
10,977,000
-822,000
| -7% | -$8.42M |
|
385
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $111M | 0.04% |
1,882,900
-28,300
| -1% | -$1.63M |
|
386
CALL
Lam Research
LRCX
$393B
| $110M | 0.04% |
5,989,000
+2,746,000
| +85% | +$54M |
|
387
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $109M | 0.04% |
1,289,500
-208,500
| -14% | -$17.5M |
|
388
PUT
Ulta Beauty
ULTA
$22.4B
| $109M | 0.04% |
488,600
-9,600
| -2% | -$2.03M |
|
|
UNIT
389
PUT
Uniti Group
UNIT
$2.42B
| $109M | 0.04% |
6,141,600
-917,300
| -13% | -$15.1M |
|
390
Invesco QQQ Trust
QQQ
$487B
| $109M | 0.04% |
700,566
-532,007
| -43% | -$81.2M |
|
391
CALL
PNC Financial Services
PNC
$97B
| $109M | 0.04% |
756,100
+101,500
| +16% | +$14M |
|
392
CALL
United Airlines
UAL
$36.7B
| $109M | 0.04% |
1,614,000
+550,300
| +52% | +$34.3M |
|
393
Vanguard Total International Stock ETF
VXUS
$164B
| $109M | 0.04% |
1,909,889
+1,853,760
| +3,303% | +$104M |
|
394
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $108M | 0.04% |
1,023,800
+836,500
| +447% | +$88.7M |
|
395
PUT
Vale
VALE
$62.1B
| $108M | 0.04% |
8,821,300
+3,388,900
| +62% | +$36M |
|
396
CALL
Honeywell
HON
$68.4B
| $108M | 0.04% |
778,108
-284,387
| -27% | -$38.1M |
|
397
PUT
Lumen
LUMN
$6.13B
| $107M | 0.04% |
6,402,800
+3,556,300
| +125% | +$60.3M |
|
398
PUT
Trip.com Group
TCOM
$29B
| $107M | 0.04% |
2,418,200
+56,100
| +2% | +$2.68M |
|
399
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $106M | 0.04% |
1,404,500
-257,600
| -15% | -$18.7M |
|
|
400
CALL
Workday
WDAY
$49.4B
| $106M | 0.04% |
1,044,100
+450,000
| +76% | +$48M |
|
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.