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 | |
|---|---|---|---|---|---|---|
401
Nike
NKE
$60.5B
| $106M | 0.04% |
1,694,904
-1,101,246
| -39% | -$63.3M |
|
402
CALL
Zions Bancorporation
ZION
$9.95B
| $105M | 0.04% |
2,066,300
+644,500
| +45% | +$30.9M |
|
403
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $105M | 0.04% |
3,098,500
+639,600
| +26% | +$22.3M |
|
404
PUT
Align Technology
ALGN
$11.5B
| $105M | 0.04% |
470,500
+125,200
| +36% | +$28.4M |
|
405
PUT
iShares MSCI ACWI ETF
ACWI
$33.3B
| $104M | 0.04% |
1,443,600
+1,408,700
| +4,036% | +$99.7M |
|
406
Alibaba
BABA
$286B
| $103M | 0.04% |
600,198
-912,484
| -60% | -$163M |
|
407
CALL
Colgate-Palmolive
CL
$72.6B
| $103M | 0.04% |
1,363,100
+19,200
| +1% | +$1.4M |
|
408
PUT
Elevance Health
ELV
$86.9B
| $103M | 0.04% |
456,800
-60,200
| -12% | -$12.8M |
|
409
PUT
Expedia Group
EXPE
$38.6B
| $102M | 0.04% |
855,600
-138,700
| -14% | -$18M |
|
410
PUT
Whirlpool
WHR
$2.63B
| $102M | 0.04% |
602,300
+148,600
| +33% | +$25.2M |
|
411
PUT
Kroger
KR
$35.5B
| $101M | 0.04% |
3,687,200
+1,034,400
| +39% | +$24.1M |
|
412
PUT
Norfolk Southern
NSC
$78.8B
| $101M | 0.04% |
696,600
+214,000
| +44% | +$28.7M |
|
413
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $101M | 0.04% |
789
+130
| +20% | +$23.7M |
|
|
ANDV
414
PUT
DELISTED
Andeavor
ANDV
| $101M | 0.04% |
880,000
-13,000
| -1% | -$1.4M |
|
|
PXD
415
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $100M | 0.04% |
581,200
-168,100
| -22% | -$25.9M |
|
416
PUT
First Solar
FSLR
$23B
| $99.9M | 0.04% |
1,480,200
-567,000
| -28% | -$33.3M |
|
417
CALL
Humana
HUM
$45.5B
| $99.9M | 0.04% |
402,700
-38,000
| -9% | -$9.38M |
|
418
PUT
United Rentals
URI
$68.4B
| $99.8M | 0.04% |
580,800
-231,800
| -29% | -$35.3M |
|
419
CALL
Bath & Body Works
BBWI
$3.92B
| $99.6M | 0.04% |
2,046,864
+586,462
| +40% | +$23.7M |
|
420
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $99.2M | 0.04% |
2,906,189
-1,770,011
| -38% | -$57.7M |
|
421
PUT
Texas Instruments
TXN
$241B
| $99M | 0.03% |
948,200
-270,300
| -22% | -$26.3M |
|
422
Costco
COST
$420B
| $98.4M | 0.03% |
528,666
-456,298
| -46% | -$78.8M |
|
423
PUT
Alcoa
AA
$13.7B
| $97.9M | 0.03% |
1,818,200
+327,000
| +22% | +$15M |
|
424
CALL
Dominion Energy
D
$58.6B
| $96.6M | 0.03% |
1,192,200
+893,900
| +300% | +$72.4M |
|
425
CALL
Best Buy
BBY
$18.1B
| $96.5M | 0.03% |
1,409,900
-133,300
| -9% | -$7.89M |
|
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.