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 | |
|---|---|---|---|---|---|---|
426
PUT
Illumina
ILMN
$33.1B
| $71.1M | 0.04% |
428,059
-38,653
| -8% | -$6.09M |
|
427
PUT
Valero Energy
VLO
$100B
| $71M | 0.04% |
1,071,100
+380,300
| +55% | +$25.5M |
|
428
PUT
Oracle
ORCL
$422B
| $71M | 0.04% |
1,590,600
-1,682,500
| -51% | -$70.1M |
|
429
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $70.9M | 0.04% |
1,023,000
-1,039,000
| -50% | -$69.8M |
|
430
CALL
SLB Ltd
SLB
$79.9B
| $70.7M | 0.04% |
905,700
-1,258,000
| -58% | -$103M |
|
431
CALL
Halliburton
HAL
$29.4B
| $70.5M | 0.04% |
1,431,800
-1,017,500
| -42% | -$54.7M |
|
432
CALL
NetEase
NTES
$82.1B
| $70.4M | 0.04% |
1,239,000
-242,500
| -16% | -$13.1M |
|
433
CALL
Trip.com Group
TCOM
$29B
| $70.3M | 0.04% |
1,429,900
+332,600
| +30% | +$15.2M |
|
434
Verizon
VZ
$205B
| $70.2M | 0.04% |
+1,440,295
| New | +$72.3M |
|
435
PUT
Kohl's
KSS
$2B
| $70.1M | 0.04% |
1,761,400
+484,500
| +38% | +$19.8M |
|
|
ESRX
436
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $70.1M | 0.04% |
1,063,300
+372,100
| +54% | +$25.6M |
|
437
Wynn Resorts
WYNN
$10.3B
| $69.9M | 0.04% |
610,139
-131,776
| -18% | -$13.1M |
|
438
CALL
General Dynamics
GD
$104B
| $69.9M | 0.04% |
373,300
-213,700
| -36% | -$39.5M |
|
439
CALL
GSK
GSK
$105B
| $69.9M | 0.04% |
1,325,920
-158,720
| -11% | -$8.05M |
|
440
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $68.9M | 0.03% |
1,341,400
-1,697,900
| -56% | -$86.5M |
|
441
CALL
iShares MSCI South Korea ETF
EWY
$27.7B
| $67.8M | 0.03% |
1,090,500
+807,900
| +286% | +$47.2M |
|
442
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $67.5M | 0.03% |
617,600
+265,700
| +76% | +$23.4M |
|
443
Wheaton Precious Metals
WPM
$71.7B
| $67.4M | 0.03% |
3,234,887
+1,432,159
| +79% | +$29.8M |
|
444
CALL
lululemon athletica
LULU
$13.7B
| $67.4M | 0.03% |
1,299,000
-352,000
| -21% | -$23.2M |
|
445
PUT
Cummins
CMI
$80.9B
| $67.1M | 0.03% |
444,100
-159,900
| -26% | -$23.7M |
|
|
RSX
446
PUT
DELISTED
VanEck Russia ETF
RSX
| $67.1M | 0.03% |
3,248,200
-37,700
| -1% | -$794K |
|
447
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $67.1M | 0.03% |
1,057,900
+807,900
| +323% | +$50M |
|
|
448
PUT
iShares MSCI ACWI ETF
ACWI
$33.3B
| $66.9M | 0.03% |
1,055,000
-482,700
| -31% | -$29.9M |
|
|
DISH
449
PUT
DELISTED
DISH Network Corp.
DISH
| $66.7M | 0.03% |
1,050,200
+306,300
| +41% | +$18.9M |
|
|
POT
450
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $66.6M | 0.03% |
3,898,500
+1,406,800
| +56% | +$25.5M |
|
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.