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 | |
|---|---|---|---|---|---|---|
426
PUT
Capital One
COF
$134B
| $96.3M | 0.03% |
966,800
-189,900
| -16% | -$17.3M |
|
427
CALL
Texas Instruments
TXN
$241B
| $96.1M | 0.03% |
919,700
+261,200
| +40% | +$25.4M |
|
|
428
CALL
Capital One
COF
$134B
| $96M | 0.03% |
964,300
-116,200
| -11% | -$10.6M |
|
429
CALL
Newmont
NEM
$139B
| $95.7M | 0.03% |
2,551,200
+366,400
| +17% | +$13.5M |
|
|
AET
430
CALL
DELISTED
Aetna Inc
AET
| $95.6M | 0.03% |
529,700
-49,500
| -9% | -$8.5M |
|
431
PUT
Best Buy
BBY
$18.1B
| $95.4M | 0.03% |
1,393,100
-1,026,900
| -42% | -$60.8M |
|
432
PUT
Viatris
VTRS
$18.7B
| $94.9M | 0.03% |
2,242,100
-39,200
| -2% | -$1.5M |
|
433
Citigroup
C
$221B
| $94.8M | 0.03% |
+1,273,657
| New | +$94.2M |
|
|
VMW
434
PUT
DELISTED
VMware, Inc
VMW
| $94.6M | 0.03% |
754,800
+449,700
| +147% | +$54M |
|
|
AIG.WS
435
DELISTED
American International Group, Inc.
AIG.WS
| $93.9M | 0.03% |
5,181,863
+2,207,943
| +74% | +$43.4M |
|
436
CALL
MGM Resorts International
MGM
$11B
| $93.7M | 0.03% |
2,805,900
+157,000
| +6% | +$5.06M |
|
437
CALL
CSX Corp
CSX
$95.6B
| $93.6M | 0.03% |
5,106,300
-195,600
| -4% | -$3.46M |
|
438
CALL
Kohl's
KSS
$2B
| $93.4M | 0.03% |
1,722,900
+298,400
| +21% | +$13.7M |
|
439
PUT
United States Natural Gas Fund
UNG
$503M
| $93.2M | 0.03% |
999,075
+394,175
| +65% | +$38.1M |
|
440
CALL
Skyworks Solutions
SWKS
$10.1B
| $93M | 0.03% |
979,800
+29,600
| +3% | +$3.09M |
|
|
RDS.A
441
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $93M | 0.03% |
1,394,500
-11,000
| -0.8% | -$693K |
|
442
CALL
Ford
F
$57.5B
| $92.6M | 0.03% |
7,413,700
-497,900
| -6% | -$6.13M |
|
443
CALL
Deere & Co
DE
$175B
| $92.1M | 0.03% |
588,500
-315,200
| -35% | -$44.1M |
|
|
JOYY
444
PUT
JOYY Inc
JOYY
$3.71B
| $91.9M | 0.03% |
812,800
+282,500
| +53% | +$28.4M |
|
445
CALL
General Dynamics
GD
$104B
| $91.6M | 0.03% |
450,100
-2,900
| -0.6% | -$593K |
|
446
PUT
Las Vegas Sands
LVS
$30.5B
| $91M | 0.03% |
1,310,000
-143,700
| -10% | -$9.59M |
|
447
PUT
ConocoPhillips
COP
$162B
| $90.7M | 0.03% |
1,653,100
-906,900
| -35% | -$46.6M |
|
448
CALL
D.R. Horton
DHI
$41.5B
| $90M | 0.03% |
1,762,200
+1,129,700
| +179% | +$52.6M |
|
449
PUT
Marriott International
MAR
$92.9B
| $89.8M | 0.03% |
661,500
+53,800
| +9% | +$6.61M |
|
450
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.86B
| $89.8M | 0.03% |
1,176,800
-966,600
| -45% | -$72.9M |
|
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.