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 | |
|---|---|---|---|---|---|---|
451
CALL
Williams Companies
WMB
$86.2B
| $89M | 0.03% |
2,919,000
-529,300
| -15% | -$15.4M |
|
452
PUT
Illumina
ILMN
$33.1B
| $88.9M | 0.03% |
418,293
-94,885
| -18% | -$19.5M |
|
453
PUT
American Tower
AMT
$81.9B
| $87.7M | 0.03% |
614,700
+139,500
| +29% | +$19.9M |
|
454
CALL
C.H. Robinson
CHRW
$16.5B
| $87.5M | 0.03% |
981,900
+150,900
| +18% | +$12.3M |
|
455
Starbucks
SBUX
$122B
| $87.3M | 0.03% |
1,519,937
-1,453,518
| -49% | -$82.3M |
|
456
CALL
Occidental Petroleum
OXY
$61.3B
| $87.2M | 0.03% |
1,183,500
+134,900
| +13% | +$9.16M |
|
457
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $86.7M | 0.03% |
166,395
-7,180
| -4% | -$3.56M |
|
458
Lockheed Martin
LMT
$130B
| $86.5M | 0.03% |
269,428
-16,970
| -6% | -$5.35M |
|
|
ANDV
459
CALL
DELISTED
Andeavor
ANDV
| $86.5M | 0.03% |
756,400
-69,400
| -8% | -$7.46M |
|
460
PUT
Weibo
WB
$1.73B
| $86.4M | 0.03% |
835,300
-44,800
| -5% | -$4.63M |
|
461
Adobe
ADBE
$109B
| $86.3M | 0.03% |
492,731
+8,895
| +2% | +$1.53M |
|
462
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $85.8M | 0.03% |
742,500
-1,054,500
| -59% | -$120M |
|
463
PUT
Kohl's
KSS
$2B
| $85.8M | 0.03% |
1,582,000
+846,300
| +115% | +$39M |
|
|
APC
464
CALL
DELISTED
Anadarko Petroleum
APC
| $85.7M | 0.03% |
1,596,800
+816,200
| +105% | +$40.1M |
|
|
ALXN
465
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $85.2M | 0.03% |
712,400
-65,600
| -8% | -$7.99M |
|
466
PUT
ProShares UltraPro S&P 500
UPRO
$5.5B
| $84.6M | 0.03% |
3,623,400
+3,067,200
| +551% | +$65.9M |
|
467
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $84.6M | 0.03% |
1,713,600
+185,800
| +12% | +$8.74M |
|
|
ESRX
468
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $83.9M | 0.03% |
1,124,300
+210,000
| +23% | +$13.4M |
|
|
469
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $83.7M | 0.03% |
688,300
-996,200
| -59% | -$121M |
|
|
VMW
470
CALL
DELISTED
VMware, Inc
VMW
| $83.5M | 0.03% |
666,500
+185,100
| +38% | +$22.2M |
|
471
CALL
United Rentals
URI
$68.4B
| $83M | 0.03% |
483,100
-323,600
| -40% | -$49.3M |
|
472
Snap
SNAP
$8.86B
| $83M | 0.03% |
5,683,233
-752,821
| -12% | -$11M |
|
473
PUT
Albemarle
ALB
$16.9B
| $82.7M | 0.03% |
646,900
-118,700
| -16% | -$16.1M |
|
474
CALL
RH
RH
$2.9B
| $82.5M | 0.03% |
957,300
+222,800
| +30% | +$20.1M |
|
|
GAP
475
PUT
The Gap Inc
GAP
$7.13B
| $82.5M | 0.03% |
2,421,100
+297,000
| +14% | +$8.85M |
|
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.