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 | |
|---|---|---|---|---|---|---|
476
PUT
Deere & Co
DE
$175B
| $63.4M | 0.03% |
582,100
-929,000
| -61% | -$101M |
|
477
CALL
International Paper
IP
$22B
| $63.3M | 0.03% |
1,315,565
+18,480
| +1% | +$926K |
|
478
PUT
Occidental Petroleum
OXY
$61.3B
| $63.1M | 0.03% |
995,700
+203,700
| +26% | +$13.6M |
|
479
PUT
Howmet Aerospace
HWM
$108B
| $62.9M | 0.03% |
3,115,517
-3,001,808
| -49% | -$59M |
|
480
PUT
Dollar Tree
DLTR
$25.3B
| $62.8M | 0.03% |
800,100
+202,300
| +34% | +$15.5M |
|
481
PUT
State Street SPDR S&P Retail ETF
XRT
$491M
| $62.7M | 0.03% |
1,485,000
-1,326,600
| -47% | -$57.1M |
|
|
LNW
482
DELISTED
Light & Wonder
LNW
| $62.6M | 0.03% |
2,648,072
+988,529
| +60% | +$19.1M |
|
483
PUT
PayPal
PYPL
$52.7B
| $62.6M | 0.03% |
1,455,600
+114,500
| +9% | +$4.79M |
|
484
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $62.6M | 0.03% |
101,560
+70,755
| +230% | +$46M |
|
485
Biogen
BIIB
$32B
| $62.4M | 0.03% |
228,273
-14,423
| -6% | -$4.08M |
|
486
CALL
LyondellBasell Industries
LYB
$21.8B
| $62.1M | 0.03% |
680,900
+56,400
| +9% | +$5.15M |
|
487
PUT
Sherwin-Williams
SHW
$84.1B
| $61.9M | 0.03% |
598,500
+208,500
| +53% | +$21M |
|
488
Deutsche Bank
DB
$71.1B
| $61.8M | 0.03% |
3,603,650
+1,680,529
| +87% | +$29.1M |
|
|
RHT
489
CALL
DELISTED
Red Hat Inc
RHT
| $61.8M | 0.03% |
714,100
+430,600
| +152% | +$34.2M |
|
490
CALL
Norfolk Southern
NSC
$78.8B
| $61.5M | 0.03% |
549,300
+219,500
| +67% | +$25.7M |
|
491
PUT
Autodesk
ADSK
$53.6B
| $61.4M | 0.03% |
710,400
+346,500
| +95% | +$29M |
|
492
PUT
RTX Corp
RTX
$283B
| $61.4M | 0.03% |
869,660
-207,046
| -19% | -$14.5M |
|
493
PUT
Yum! Brands
YUM
$41.8B
| $61.4M | 0.03% |
960,300
+212,200
| +28% | +$13.8M |
|
494
CALL
Phillips 66
PSX
$96.9B
| $61.3M | 0.03% |
774,100
-321,800
| -29% | -$25.9M |
|
495
CALL
Southwest Airlines
LUV
$19.8B
| $61.2M | 0.03% |
1,138,400
-13,700
| -1% | -$737K |
|
496
PUT
Royal Caribbean
RCL
$78.1B
| $61.1M | 0.03% |
622,500
-4,000
| -0.6% | -$374K |
|
|
BAS
497
DELISTED
Basis Energy Services, Inc.
BAS
| $60.9M | 0.03% |
1,825,545
+136,385
| +8% | +$5.13M |
|
|
EA
498
CALL
DELISTED
Electronic Arts
EA
| $60.7M | 0.03% |
677,700
-49,700
| -7% | -$4.23M |
|
|
K
499
CALL
DELISTED
Kellanova
K
| $60.6M | 0.03% |
889,488
+176,151
| +25% | +$12.2M |
|
|
VMW
500
CALL
DELISTED
VMware, Inc
VMW
| $60.5M | 0.03% |
657,100
+9,500
| +1% | +$836K |
|
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.