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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.42% |
| 3 | Communication Services | 1.04% |
| 4 | Healthcare | 0.74% |
| 5 | Financials | 0.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
CALL
Trip.com Group
TCOM
$28.9B
| $83.2M | 0.03% |
1,577,600
+160,600
| +11% | +$8.72M |
|
452
CALL
Alcoa
AA
$13.1B
| $83M | 0.03% |
1,779,900
+110,400
| +7% | +$4.41M |
|
453
PUT
CME Group
CME
$99.9B
| $82.8M | 0.03% |
610,600
+212,200
| +53% | +$26.8M |
|
454
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $82.2M | 0.03% |
1,006,200
+52,900
| +6% | +$4.25M |
|
455
CALL
Newmont
NEM
$138B
| $82M | 0.03% |
2,184,800
+80,400
| +4% | +$2.92M |
|
456
Bausch Health
BHC
$2.46B
| $81.8M | 0.03% |
5,706,190
+517,751
| +10% | +$7.83M |
|
457
CALL
eBay
EBAY
$47.3B
| $81.5M | 0.03% |
2,118,700
+149,200
| +8% | +$5.42M |
|
458
PUT
Avis
CAR
$5.22B
| $81.2M | 0.03% |
2,133,100
-5,600
| -0.3% | -$188K |
|
459
PUT
Autodesk
ADSK
$53.5B
| $81.1M | 0.03% |
722,700
+97,000
| +16% | +$10.7M |
|
460
CALL
Halliburton
HAL
$28.6B
| $80.7M | 0.03% |
1,753,700
+325,300
| +23% | +$13.6M |
|
461
CALL
Kimberly-Clark
KMB
$36.8B
| $80.4M | 0.03% |
682,800
-73,800
| -10% | -$9.01M |
|
462
CALL
Northrop Grumman
NOC
$78.3B
| $80.2M | 0.03% |
278,800
+109,300
| +64% | +$29.4M |
|
463
PUT
TransDigm Group
TDG
$66.3B
| $79.5M | 0.03% |
311,100
-88,500
| -22% | -$24M |
|
|
HTZ
464
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $79.1M | 0.03% |
4,072,929
+1,915,495
| +89% | +$30.2M |
|
|
ALXN
465
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $78.8M | 0.03% |
562,000
-34,400
| -6% | -$4.67M |
|
|
466
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $78.7M | 0.03% |
963,400
-115,700
| -11% | -$9.29M |
|
467
CALL
United States Natural Gas Fund
UNG
$510M
| $78.7M | 0.03% |
748,963
+214,475
| +40% | +$22.6M |
|
468
PUT
BP
BP
$112B
| $78.4M | 0.03% |
2,262,093
-150,854
| -6% | -$4.79M |
|
469
PUT
CSX Corp
CSX
$95.2B
| $78.2M | 0.03% |
4,324,200
+1,236,900
| +40% | +$21.2M |
|
470
CALL
Abbott
ABT
$202B
| $78.2M | 0.03% |
1,465,600
-20,200
| -1% | -$1.01M |
|
|
KITE
471
CALL
DELISTED
Kite Pharma, Inc.
KITE
| $77.6M | 0.03% |
431,700
+219,000
| +103% | +$30.5M |
|
472
PUT
Applied Materials
AMAT
$384B
| $77.2M | 0.03% |
1,481,700
+560,100
| +61% | +$25.3M |
|
473
CALL
CarMax
KMX
$8.88B
| $77M | 0.03% |
1,015,300
-719,700
| -41% | -$48M |
|
474
PUT
Sarepta Therapeutics
SRPT
$1.93B
| $76.7M | 0.03% |
1,690,100
+460,600
| +37% | +$18.4M |
|
475
CALL
Ulta Beauty
ULTA
$23B
| $76.3M | 0.03% |
337,500
+158,200
| +88% | +$38.1M |
|
Similar funds
Jeff Yass's Q3 2017 Portfolio in Review
As of Q3 2017, Jeff Yass held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- Jeff Yass's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Jeff Yass added most to Apple in Q3 2017, an estimated $1.31B increase.
- Jeff Yass's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Jeff Yass fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Jeff Yass's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Jeff Yass opened 1,312 new positions and closed 1,693 in Q3 2017.
- Jeff Yass's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.