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 | |
|---|---|---|---|---|---|---|
|
RDS.A
501
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $63.5M | 0.03% |
1,193,900
+184,657
| +18% | +$9.81M |
|
502
CALL
General Mills
GIS
$21.9B
| $63.4M | 0.03% |
1,144,700
+282,700
| +33% | +$16.1M |
|
503
Bristol-Myers Squibb
BMY
$137B
| $63.1M | 0.03% |
1,132,482
-1,800,761
| -61% | -$98M |
|
504
PUT
Autodesk
ADSK
$53.9B
| $63.1M | 0.03% |
625,700
-84,700
| -12% | -$8.38M |
|
505
PUT
Vodafone
VOD
$36.7B
| $63.1M | 0.03% |
2,195,700
-31,100
| -1% | -$866K |
|
506
Tesla
TSLA
$1.4T
| $62.7M | 0.03% |
2,601,030
+2,565,030
| +7,125% | +$56.5M |
|
|
ATVI
507
CALL
DELISTED
Activision Blizzard
ATVI
| $62.7M | 0.03% |
1,088,900
-506,700
| -32% | -$28M |
|
508
CALL
Nucor
NUE
$56.8B
| $62.6M | 0.03% |
1,082,500
+582,100
| +116% | +$34.1M |
|
|
CLVS
509
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $62.4M | 0.03% |
666,300
+364,000
| +120% | +$22.3M |
|
510
CALL
Universal Display
OLED
$3.93B
| $62.2M | 0.03% |
569,700
+60,400
| +12% | +$6.36M |
|
511
PUT
Mercado Libre
MELI
$99.2B
| $62.1M | 0.03% |
247,500
+138,000
| +126% | +$35.5M |
|
512
CALL
RH
RH
$2.81B
| $61.8M | 0.03% |
957,600
-213,100
| -18% | -$11.3M |
|
513
PUT
Alcoa
AA
$13.5B
| $61.8M | 0.03% |
1,891,300
+711,300
| +60% | +$23.1M |
|
514
PUT
Occidental Petroleum
OXY
$60.6B
| $61.5M | 0.03% |
1,028,000
+32,300
| +3% | +$1.98M |
|
515
CALL
Illumina
ILMN
$33B
| $61.5M | 0.03% |
364,323
-30,532
| -8% | -$5.28M |
|
516
CALL
American Tower
AMT
$82.5B
| $61.4M | 0.03% |
464,100
-415,200
| -47% | -$53.2M |
|
517
PUT
Norfolk Southern
NSC
$79.2B
| $61.4M | 0.03% |
504,200
-10,100
| -2% | -$1.19M |
|
518
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$291M
| $61.3M | 0.03% |
126
+20
| +19% | +$13.1M |
|
519
PUT
Medtronic
MDT
$120B
| $61.3M | 0.03% |
690,700
-310,300
| -31% | -$26.2M |
|
|
ESRX
520
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $61.1M | 0.03% |
957,300
-106,000
| -10% | -$6.66M |
|
521
CALL
Halliburton
HAL
$28.9B
| $61M | 0.03% |
1,428,400
-3,400
| -0.2% | -$156K |
|
522
Wynn Resorts
WYNN
$10.3B
| $60.6M | 0.03% |
451,486
-158,653
| -26% | -$20M |
|
523
CALL
Duke Energy
DUK
$94.2B
| $60.3M | 0.03% |
720,900
+123,100
| +21% | +$10.3M |
|
|
SGI
524
PUT
Somnigroup International
SGI
$13.7B
| $60.2M | 0.03% |
4,513,600
-2,882,400
| -39% | -$34M |
|
525
PUT
Devon Energy
DVN
$53.7B
| $60.2M | 0.03% |
1,882,900
+712,400
| +61% | +$26M |
|
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.