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 | |
|---|---|---|---|---|---|---|
451
CALL
Abbott
ABT
$202B
| $72.2M | 0.03% |
1,485,800
-245,600
| -14% | -$11.1M |
|
452
CALL
Prudential Financial
PRU
$41.8B
| $72.2M | 0.03% |
667,500
+124,300
| +23% | +$13.2M |
|
453
CALL
Ford
F
$57.5B
| $72.1M | 0.03% |
6,442,400
-1,996,400
| -24% | -$22.3M |
|
454
PUT
Kohl's
KSS
$2B
| $72M | 0.03% |
1,862,400
+101,000
| +6% | +$3.87M |
|
455
CALL
Waste Management
WM
$89.6B
| $71.3M | 0.03% |
971,500
+72,000
| +8% | +$5.24M |
|
456
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $71.1M | 0.03% |
667,100
+302,000
| +83% | +$32.3M |
|
457
PUT
Ulta Beauty
ULTA
$22.4B
| $71.1M | 0.03% |
247,500
-84,200
| -25% | -$24.6M |
|
458
Verizon
VZ
$205B
| $70.4M | 0.03% |
1,576,982
+136,687
| +9% | +$6.37M |
|
459
Cisco
CSCO
$438B
| $70.3M | 0.03% |
+2,247,094
| New | +$73.2M |
|
460
CALL
NextEra Energy
NEE
$174B
| $70.3M | 0.03% |
2,006,000
+879,600
| +78% | +$30.1M |
|
461
CALL
Texas Instruments
TXN
$241B
| $70.2M | 0.03% |
912,800
-75,900
| -8% | -$6.08M |
|
|
HES
462
PUT
DELISTED
Hess
HES
| $70.2M | 0.03% |
1,600,200
+448,400
| +39% | +$21M |
|
463
PUT
Whirlpool
WHR
$2.63B
| $69.8M | 0.03% |
364,400
-19,000
| -5% | -$3.48M |
|
|
AET
464
CALL
DELISTED
Aetna Inc
AET
| $69.3M | 0.03% |
456,400
-250,800
| -35% | -$35.5M |
|
465
PUT
Akamai
AKAM
$15.9B
| $69.1M | 0.03% |
1,387,800
+768,500
| +124% | +$40.6M |
|
466
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $69M | 0.03% |
551,449
+538,616
| +4,197% | +$66.6M |
|
467
CALL
eBay
EBAY
$46.3B
| $68.8M | 0.03% |
1,969,500
+286,900
| +17% | +$9.82M |
|
468
PUT
Adobe
ADBE
$109B
| $68.6M | 0.03% |
485,100
-26,100
| -5% | -$3.57M |
|
|
ESRX
469
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $68.5M | 0.03% |
1,073,200
-344,100
| -24% | -$21.6M |
|
470
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $68.3M | 0.03% |
529,900
-87,700
| -14% | -$10.6M |
|
471
Starbucks
SBUX
$122B
| $68.2M | 0.03% |
1,170,120
-998,552
| -46% | -$60.4M |
|
472
CALL
Newmont
NEM
$139B
| $68.2M | 0.03% |
2,104,400
+291,000
| +16% | +$9.8M |
|
473
PUT
Plains All American Pipeline
PAA
$17.4B
| $68.1M | 0.03% |
2,593,900
+2,284,800
| +739% | +$63.2M |
|
474
PUT
AstraZeneca
AZN
$257B
| $67.7M | 0.03% |
992,800
+306,250
| +45% | +$20M |
|
475
CALL
McKesson
MCK
$100B
| $67.6M | 0.03% |
410,600
+123,500
| +43% | +$18.7M |
|
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.