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 | Miscellaneous | 91.94% |
| 2 | Technology | 2.38% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.04% |
| 5 | Healthcare | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4101
First Financial Bankshares
FFIN
$4.79B
| $1.77M | ﹤0.01% |
78,496
-63,730
| -45% | -$1.33M |
|
4102
SiriusXM
SIRI
$9.62B
| $1.77M | ﹤0.01% |
32,136
-55,500
| -63% | -$3.07M |
|
|
CALY
4103
CALL
Callaway Golf Company
CALY
$2.8B
| $1.77M | ﹤0.01% |
122,900
+101,100
| +464% | +$1.34M |
|
|
TOO
4104
PUT
DELISTED
Teekay Offshore Partners L.P.
TOO
| $1.77M | ﹤0.01% |
744,500
+530,300
| +248% | +$1.32M |
|
|
KNL
4105
DELISTED
Knoll, Inc.
KNL
| $1.77M | ﹤0.01% |
88,551
-51,891
| -37% | -$972K |
|
4106
Reinsurance Group of America
RGA
$16B
| $1.77M | ﹤0.01% |
12,688
-4,275
| -25% | -$578K |
|
4107
State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
$31.2M
| $1.77M | ﹤0.01% |
24,431
+9,454
| +63% | +$665K |
|
4108
CALL
Navigator Holdings
NVGS
$1.36B
| $1.77M | ﹤0.01% |
+159,200
| New | +$1.65M |
|
4109
PUT
Hilton Grand Vacations
HGV
$3.41B
| $1.76M | ﹤0.01% |
45,700
+32,100
| +236% | +$1.16M |
|
4110
CALL
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.74B
| $1.76M | ﹤0.01% |
25,900
-5,300
| -17% | -$345K |
|
|
SHLX
4111
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $1.76M | ﹤0.01% |
63,414
+32,847
| +107% | +$921K |
|
4112
CALL
Open Text
OTEX
$6.08B
| $1.76M | ﹤0.01% |
54,600
+42,600
| +355% | +$1.38M |
|
4113
Revvity
RVTY
$14.4B
| $1.76M | ﹤0.01% |
+25,556
| New | +$1.71M |
|
4114
CALL
Service Corp International
SCI
$11.4B
| $1.76M | ﹤0.01% |
51,100
+1,500
| +3% | +$52K |
|
4115
ProShares Ultra MSCI Brazil Capped
UBR
$3.42M
| $1.76M | ﹤0.01% |
21,224
-10,165
| -32% | -$751K |
|
|
FBZ
4116
DELISTED
First Trust Brazil AlphaDEX Fund
FBZ
| $1.76M | ﹤0.01% |
106,205
+43,944
| +71% | +$709K |
|
4117
PUT
Super Micro Computer
SMCI
$24B
| $1.76M | ﹤0.01% |
796,000
+504,000
| +173% | +$1.29M |
|
|
INFO
4118
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $1.76M | ﹤0.01% |
39,842
+30,542
| +328% | +$1.41M |
|
4119
CALL
Henry Schein
HSIC
$9.98B
| $1.75M | ﹤0.01% |
27,285
-4,590
| -14% | -$313K |
|
4120
iShares International Equity Factor ETF
INTF
$3.75B
| $1.75M | ﹤0.01% |
+62,605
| New | +$1.7M |
|
4121
PUT
NNN REIT
NNN
$8.77B
| $1.75M | ﹤0.01% |
42,100
-6,400
| -13% | -$262K |
|
|
TWOU
4122
PUT
DELISTED
2U Inc
TWOU
| $1.75M | ﹤0.01% |
1,043
-37
| -3% | -$55.7K |
|
|
RMP
4123
CALL
DELISTED
Rice Midstream Partners LP
RMP
| $1.75M | ﹤0.01% |
83,600
-18,800
| -18% | -$386K |
|
|
ADAM
4124
Adamas Trust
ADAM
$881M
| $1.75M | ﹤0.01% |
71,150
-70,832
| -50% | -$1.77M |
|
|
HEWG
4125
DELISTED
iShares Currency Hedged MSCI Germany ETF
HEWG
| $1.75M | ﹤0.01% |
+61,437
| New | +$1.68M |
|
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's Q3 2017 filing shows 1,312 new, 3,605 increased, 3,645 reduced and 1,693 closed positions. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $474M.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.