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 | |
|---|---|---|---|---|---|---|
476
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.78B
| $76.2M | 0.03% |
2,269,600
-355,600
| -14% | -$12M |
|
477
Walt Disney
DIS
$190B
| $75.9M | 0.03% |
770,470
-1,604,455
| -68% | -$165M |
|
478
JPMorgan Chase
JPM
$947B
| $75.9M | 0.03% |
+794,224
| New | +$73.2M |
|
479
Chipotle Mexican Grill
CMG
$48B
| $75.1M | 0.03% |
12,199,000
+166,150
| +1% | +$1.12M |
|
480
Workday
WDAY
$49.4B
| $74.6M | 0.03% |
708,062
+193,050
| +37% | +$19.9M |
|
481
CALL
EQT Corp
EQT
$33.5B
| $74.3M | 0.03% |
2,092,159
+1,008,696
| +93% | +$34.3M |
|
|
ATVI
482
PUT
DELISTED
Activision Blizzard
ATVI
| $74.1M | 0.03% |
1,149,400
+221,000
| +24% | +$13.8M |
|
483
PUT
Travelers Companies
TRV
$77.6B
| $73.9M | 0.03% |
603,500
+421,400
| +231% | +$52.6M |
|
484
CALL
Simon Property Group
SPG
$70.9B
| $73.8M | 0.03% |
458,100
-128,500
| -22% | -$20.5M |
|
485
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$402M
| $73.7M | 0.03% |
661,984
+131,664
| +25% | +$13.1M |
|
|
RTN
486
CALL
DELISTED
Raytheon Company
RTN
| $73.5M | 0.03% |
394,000
+89,100
| +29% | +$15.7M |
|
487
CALL
Elevance Health
ELV
$87.4B
| $73.3M | 0.03% |
385,800
+190,800
| +98% | +$36.3M |
|
488
CALL
Analog Devices
ADI
$180B
| $73M | 0.03% |
847,600
+234,900
| +38% | +$18.9M |
|
489
PUT
Eli Lilly
LLY
$1.11T
| $72.9M | 0.03% |
852,600
-741,200
| -47% | -$60.8M |
|
|
PX
490
DELISTED
Praxair Inc
PX
| $72.8M | 0.03% |
521,080
+393,636
| +309% | +$52.5M |
|
491
PUT
Newmont
NEM
$138B
| $72.6M | 0.03% |
1,934,600
-389,300
| -17% | -$14.1M |
|
492
Adobe
ADBE
$110B
| $72.2M | 0.03% |
483,836
+290,286
| +150% | +$43.3M |
|
|
ETP
493
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
| $72.1M | 0.03% |
3,942,300
+388,100
| +11% | +$7.53M |
|
494
PUT
LendingTree
TREE
$437M
| $71.9M | 0.03% |
294,200
+109,900
| +60% | +$23.7M |
|
495
PUT
Tenet Healthcare
THC
$22.4B
| $71.8M | 0.03% |
4,367,700
+3,613,600
| +479% | +$61.3M |
|
496
PUT
Viatris
VTRS
$18.9B
| $71.6M | 0.03% |
2,281,300
+204,000
| +10% | +$6.92M |
|
497
Advanced Micro Devices
AMD
$750B
| $70.3M | 0.03% |
5,515,767
-1,559,842
| -22% | -$20.4M |
|
498
CALL
LyondellBasell Industries
LYB
$21.1B
| $70.2M | 0.03% |
708,900
+105,400
| +17% | +$9.48M |
|
499
CALL
Duke Energy
DUK
$94.6B
| $69.9M | 0.03% |
833,000
+112,100
| +16% | +$9.6M |
|
|
GRUB
500
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $69.9M | 0.03% |
663,450
-74,350
| -10% | -$7.61M |
|
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.