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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
CALL
Air Products & Chemicals
APD
$68.2B
| $76.9M | 0.03% |
537,400
+320,800
| +148% | +$45.6M |
|
427
PUT
Capital One
COF
$133B
| $76.8M | 0.03% |
929,700
+172,300
| +23% | +$14M |
|
428
CALL
PNC Financial Services
PNC
$97.2B
| $76.7M | 0.03% |
614,500
-117,900
| -16% | -$14.2M |
|
429
Constellation Brands
STZ
$23.5B
| $76.6M | 0.03% |
395,358
+66,423
| +20% | +$11.8M |
|
430
Peabody Energy
BTU
$3.4B
| $76.3M | 0.03% |
+3,122,428
| New | +$77.2M |
|
431
CALL
Trip.com Group
TCOM
$29B
| $76.3M | 0.03% |
1,417,000
-12,900
| -0.9% | -$684K |
|
|
B
432
CALL
Barrick Mining
B
$79.3B
| $75.6M | 0.03% |
4,751,100
+293,700
| +7% | +$5.03M |
|
433
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $75.5M | 0.03% |
953,300
-602,900
| -39% | -$45.9M |
|
434
PUT
Newmont
NEM
$139B
| $75.3M | 0.03% |
2,323,900
-332,100
| -13% | -$11.2M |
|
435
PUT
HSBC
HSBC
$357B
| $75M | 0.03% |
1,770,549
-20,130
| -1% | -$781K |
|
436
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.22B
| $74.8M | 0.03% |
1,438,800
+97,400
| +7% | +$4.98M |
|
|
TWX
437
DELISTED
Time Warner Inc
TWX
| $74.7M | 0.03% |
743,860
+622,358
| +512% | +$61.6M |
|
|
EXAS
438
PUT
DELISTED
Exact Sciences
EXAS
| $74.5M | 0.03% |
2,107,500
+1,485,300
| +239% | +$45.8M |
|
439
PUT
Las Vegas Sands
LVS
$30.4B
| $74.5M | 0.03% |
1,166,200
-594,300
| -34% | -$35.6M |
|
440
PUT
BP
BP
$113B
| $74.1M | 0.03% |
2,412,947
-307,868
| -11% | -$9.58M |
|
441
CALL
RTX Corp
RTX
$282B
| $74M | 0.03% |
962,775
-643,068
| -40% | -$48.2M |
|
442
CALL
Blackstone
BX
$108B
| $73.8M | 0.03% |
2,214,000
+482,100
| +28% | +$15.1M |
|
443
PUT
Honeywell
HON
$68.1B
| $73.5M | 0.03% |
610,841
-215,421
| -26% | -$25.4M |
|
444
PUT
RH
RH
$2.71B
| $73.3M | 0.03% |
1,136,200
+273,300
| +32% | +$14.5M |
|
445
Freeport-McMoran
FCX
$112B
| $72.8M | 0.03% |
6,062,843
+182,937
| +3% | +$2.22M |
|
446
PUT
Rio Tinto
RIO
$170B
| $72.7M | 0.03% |
1,718,600
+865,600
| +101% | +$34.7M |
|
|
ALXN
447
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $72.6M | 0.03% |
596,400
+280,000
| +88% | +$32.6M |
|
|
ETP
448
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
| $72.5M | 0.03% |
3,554,200
+3,323,600
| +1,441% | +$74.1M |
|
449
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $72.4M | 0.03% |
1,299,500
-370,500
| -22% | -$19.8M |
|
450
CALL
Aflac
AFL
$59.3B
| $72.4M | 0.03% |
1,865,200
+574,800
| +45% | +$21.6M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.