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 | |
|---|---|---|---|---|---|---|
451
PUT
Accenture
ACN
$113B
| $66.6M | 0.03% |
555,200
-52,900
| -9% | -$6.32M |
|
452
PUT
Adobe
ADBE
$109B
| $66.5M | 0.03% |
511,200
+18,800
| +4% | +$2.21M |
|
453
PUT
Phillips 66
PSX
$96.9B
| $66.5M | 0.03% |
839,400
+207,500
| +33% | +$16.7M |
|
|
DD
454
PUT
DELISTED
Du Pont De Nemours E I
DD
| $66.4M | 0.03% |
826,800
+143,300
| +21% | +$11.1M |
|
455
PUT
CSX Corp
CSX
$95.6B
| $66.4M | 0.03% |
4,278,000
+1,484,100
| +53% | +$22.6M |
|
|
ALXN
456
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $66M | 0.03% |
544,700
-481,000
| -47% | -$62M |
|
457
PUT
HSBC
HSBC
$357B
| $66M | 0.03% |
1,790,679
+175,016
| +11% | +$6.58M |
|
458
ProShares Short VIX Short-Term Futures ETF
SVXY
$244M
| $65.9M | 0.03% |
466,603
+445,834
| +2,147% | +$55.3M |
|
459
PUT
Delta Air Lines
DAL
$54.2B
| $65.8M | 0.03% |
1,432,300
-763,700
| -35% | -$37.3M |
|
460
PUT
Whirlpool
WHR
$2.63B
| $65.7M | 0.03% |
383,400
+24,800
| +7% | +$4.4M |
|
461
PUT
American Tower
AMT
$81.9B
| $65.7M | 0.03% |
540,300
+34,800
| +7% | +$3.83M |
|
462
PUT
Capital One
COF
$134B
| $65.6M | 0.03% |
757,400
+326,200
| +76% | +$29.1M |
|
463
CALL
Waste Management
WM
$89.6B
| $65.6M | 0.03% |
899,500
+568,300
| +172% | +$40.6M |
|
464
CALL
Illumina
ILMN
$33.1B
| $65.5M | 0.03% |
394,855
-85,015
| -18% | -$13.4M |
|
465
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $65M | 0.03% |
1,789,500
+1,207,300
| +207% | +$41.9M |
|
466
CALL
JD.com
JD
$39.7B
| $65M | 0.03% |
2,090,600
-2,897,400
| -58% | -$85.3M |
|
467
CALL
United Rentals
URI
$68.4B
| $65M | 0.03% |
520,000
-758,800
| -59% | -$92.3M |
|
468
Bausch Health
BHC
$2.41B
| $65M | 0.03% |
5,890,983
+153,898
| +3% | +$2.12M |
|
|
RTN
469
CALL
DELISTED
Raytheon Company
RTN
| $65M | 0.03% |
426,000
-154,700
| -27% | -$23.3M |
|
|
470
CALL
Mondelez International
MDLZ
$82.3B
| $64.7M | 0.03% |
1,502,700
-734,500
| -33% | -$32.5M |
|
471
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $64.7M | 0.03% |
1,185,100
-56,900
| -5% | -$3.06M |
|
472
Qualcomm
QCOM
$169B
| $64.3M | 0.03% |
1,121,012
+1,078,812
| +2,556% | +$62.6M |
|
|
473
PUT
United Rentals
URI
$68.4B
| $64.1M | 0.03% |
512,500
-51,700
| -9% | -$6.29M |
|
|
PX
474
DELISTED
Praxair Inc
PX
| $63.8M | 0.03% |
538,084
+522,619
| +3,379% | +$61.4M |
|
475
CALL
Howmet Aerospace
HWM
$108B
| $63.5M | 0.03% |
3,145,118
+880,983
| +39% | +$17.3M |
|
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.