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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CALL
CVS Health
CVS
$119B
| $78.9M | 0.04% |
1,005,600
+100
| +0% | +$7.98K |
|
|
TSRO
402
PUT
DELISTED
TESARO, Inc.
TSRO
| $78.9M | 0.04% |
512,900
+279,900
| +120% | +$45.6M |
|
403
Freeport-McMoran
FCX
$110B
| $78.6M | 0.04% |
5,879,906
+3,915,158
| +199% | +$56.3M |
|
404
CALL
Herbalife
HLF
$1.33B
| $78.1M | 0.04% |
2,686,000
+560,000
| +26% | +$15.6M |
|
405
Coca-Cola
KO
$392B
| $77.9M | 0.04% |
1,835,360
+612,929
| +50% | +$25.6M |
|
406
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $77.7M | 0.04% |
795,300
-1,640,700
| -67% | -$157M |
|
407
PUT
APA Corp
APA
$15.2B
| $77.6M | 0.04% |
1,510,700
+671,900
| +80% | +$37.8M |
|
408
CALL
Ulta Beauty
ULTA
$22.4B
| $77.4M | 0.04% |
271,500
-48,400
| -15% | -$13.2M |
|
409
CALL
Abbott
ABT
$202B
| $76.9M | 0.04% |
1,731,400
+777,500
| +82% | +$33.6M |
|
410
ExxonMobil
XOM
$679B
| $76.9M | 0.04% |
937,409
+934,275
| +29,811% | +$78.1M |
|
411
CALL
Accenture
ACN
$113B
| $76.8M | 0.04% |
640,900
+246,200
| +62% | +$29.4M |
|
412
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $76.7M | 0.04% |
1,744,600
-4,579,400
| -72% | -$196M |
|
413
PUT
Vale
VALE
$62.1B
| $76.5M | 0.04% |
8,052,100
-692,000
| -8% | -$6.88M |
|
414
PUT
Simon Property Group
SPG
$70.6B
| $75.6M | 0.04% |
439,300
+101,400
| +30% | +$18.1M |
|
|
ATVI
415
PUT
DELISTED
Activision Blizzard
ATVI
| $75M | 0.04% |
1,505,100
-646,900
| -30% | -$28.4M |
|
416
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $74.4M | 0.04% |
120,735
+45,500
| +60% | +$29.6M |
|
417
CALL
Yum! Brands
YUM
$41.8B
| $73.5M | 0.04% |
1,150,500
+522,000
| +83% | +$34M |
|
418
CALL
Sherwin-Williams
SHW
$84.1B
| $73.5M | 0.04% |
711,000
+442,800
| +165% | +$44.6M |
|
419
CALL
BP
BP
$115B
| $73.5M | 0.04% |
2,441,693
+265,405
| +12% | +$8.07M |
|
|
SINA
420
DELISTED
Sina Corp
SINA
| $71.6M | 0.04% |
992,283
+324,041
| +48% | +$22.9M |
|
421
CALL
CME Group
CME
$98.9B
| $71.6M | 0.04% |
602,300
-2,500
| -0.4% | -$301K |
|
422
CALL
Kinder Morgan
KMI
$69B
| $71.4M | 0.04% |
3,284,800
-35,582,800
| -92% | -$778M |
|
423
CALL
Expedia Group
EXPE
$38.6B
| $71.3M | 0.04% |
565,400
-191,300
| -25% | -$23.4M |
|
424
Visa
V
$693B
| $71.3M | 0.04% |
802,317
-928,281
| -54% | -$79.9M |
|
425
PUT
Kimberly-Clark
KMB
$36.4B
| $71.1M | 0.04% |
539,900
+158,400
| +42% | +$20M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.