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 | |
|---|---|---|---|---|---|---|
|
LNW
476
DELISTED
Light & Wonder
LNW
| $67.6M | 0.03% |
2,588,305
-59,767
| -2% | -$1.42M |
|
477
PUT
Puma Biotechnology
PBYI
$467M
| $67.5M | 0.03% |
772,100
+578,200
| +298% | +$32.3M |
|
478
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.79B
| $67.5M | 0.03% |
1,000,000
-500,000
| -33% | -$32.8M |
|
479
CALL
General Dynamics
GD
$104B
| $67.2M | 0.03% |
339,400
-33,900
| -9% | -$6.64M |
|
480
CALL
Phillips 66
PSX
$96.8B
| $67M | 0.03% |
809,800
+35,700
| +5% | +$2.8M |
|
481
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $67M | 0.03% |
1,494,000
-527,800
| -26% | -$23.6M |
|
|
482
PUT
Phillips 66
PSX
$96.8B
| $66.8M | 0.03% |
808,400
-31,000
| -4% | -$2.43M |
|
|
DISH
483
PUT
DELISTED
DISH Network Corp.
DISH
| $66.7M | 0.03% |
1,063,400
+13,200
| +1% | +$832K |
|
484
CALL
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $66.5M | 0.03% |
2,430,000
+1,478,200
| +155% | +$40.7M |
|
485
PUT
Dollar Tree
DLTR
$25.7B
| $66.4M | 0.03% |
949,600
+149,500
| +19% | +$11.5M |
|
|
486
Citigroup
C
$221B
| $66M | 0.03% |
987,277
-2,780,024
| -74% | -$170M |
|
487
CALL
Southern Company
SO
$103B
| $65.8M | 0.03% |
1,375,100
+509,500
| +59% | +$25.5M |
|
488
PUT
PNC Financial Services
PNC
$98.2B
| $65.8M | 0.03% |
527,100
+69,600
| +15% | +$8.4M |
|
489
PUT
Shopify
SHOP
$193B
| $65.7M | 0.03% |
7,557,000
+4,250,000
| +129% | +$35.9M |
|
490
CALL
GSK
GSK
$104B
| $65M | 0.03% |
1,206,800
-119,120
| -9% | -$6.35M |
|
491
PUT
RTX Corp
RTX
$281B
| $65M | 0.03% |
846,301
-23,359
| -3% | -$1.75M |
|
|
B
492
Barrick Mining
B
$79.2B
| $65M | 0.03% |
4,084,047
+2,189,505
| +116% | +$37.5M |
|
493
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $64.8M | 0.03% |
1,180,100
+266,600
| +29% | +$14.8M |
|
|
WFM
494
PUT
DELISTED
Whole Foods Market Inc
WFM
| $64.8M | 0.03% |
1,538,600
-207,500
| -12% | -$7.56M |
|
495
PUT
Marriott International
MAR
$94.2B
| $64.8M | 0.03% |
645,700
+149,000
| +30% | +$14.9M |
|
496
PUT
Synchrony
SYF
$26.4B
| $64.6M | 0.03% |
2,165,700
+1,462,200
| +208% | +$43.3M |
|
|
GRUB
497
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $64.3M | 0.03% |
737,800
+602,800
| +447% | +$50M |
|
498
iShares Russell 2000 ETF
IWM
$81.6B
| $64.2M | 0.03% |
455,276
+431,647
| +1,827% | +$59.7M |
|
|
JWN
499
CALL
DELISTED
Nordstrom
JWN
| $63.7M | 0.03% |
1,332,800
+105,400
| +9% | +$4.8M |
|
|
TSRO
500
PUT
DELISTED
TESARO, Inc.
TSRO
| $63.7M | 0.03% |
455,500
-57,400
| -11% | -$8.31M |
|
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.