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 | |
|---|---|---|---|---|---|---|
501
CALL
Whirlpool
WHR
$2.62B
| $69.8M | 0.03% |
378,300
+73,200
| +24% | +$13.1M |
|
|
ESRX
502
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $69.7M | 0.03% |
1,100,600
+27,400
| +3% | +$1.7M |
|
503
CALL
iShares Silver Trust
SLV
$33.5B
| $69.7M | 0.03% |
4,427,300
+1,545,800
| +54% | +$24.6M |
|
504
PUT
Alcoa
AA
$13B
| $69.5M | 0.03% |
1,491,200
-400,100
| -21% | -$16M |
|
505
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $68.8M | 0.03% |
1,527,800
+33,800
| +2% | +$1.52M |
|
506
PUT
HCA Healthcare
HCA
$92.9B
| $68.4M | 0.03% |
859,400
+557,500
| +185% | +$44.8M |
|
|
ATVI
507
CALL
DELISTED
Activision Blizzard
ATVI
| $68M | 0.03% |
1,054,600
-34,300
| -3% | -$2.14M |
|
|
RHT
508
PUT
DELISTED
Red Hat Inc
RHT
| $67.6M | 0.03% |
610,100
+404,300
| +196% | +$41.4M |
|
509
CALL
Bausch Health
BHC
$2.5B
| $67.5M | 0.03% |
4,710,100
-2,059,600
| -30% | -$31.1M |
|
510
PUT
Synchrony
SYF
$26B
| $67.4M | 0.03% |
2,171,900
+6,200
| +0.3% | +$185K |
|
511
CALL
American Tower
AMT
$83.1B
| $67.4M | 0.03% |
493,100
+29,000
| +6% | +$4.04M |
|
512
CALL
Occidental Petroleum
OXY
$60.1B
| $67.3M | 0.03% |
1,048,600
-238,600
| -19% | -$14.5M |
|
513
CALL
Zions Bancorporation
ZION
$9.91B
| $67.1M | 0.03% |
1,421,800
+137,100
| +11% | +$6.1M |
|
514
PUT
Marriott International
MAR
$93.9B
| $67M | 0.03% |
607,700
-38,000
| -6% | -$3.92M |
|
|
RHT
515
CALL
DELISTED
Red Hat Inc
RHT
| $67M | 0.03% |
604,000
-14,500
| -2% | -$1.48M |
|
516
PUT
Accenture
ACN
$114B
| $66.7M | 0.03% |
494,100
+31,200
| +7% | +$4.07M |
|
517
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$66.9M
| $66.3M | 0.03% |
1,026
+331
| +48% | +$22.1M |
|
518
CALL
Prudential Financial
PRU
$42.3B
| $66.3M | 0.03% |
623,800
-43,700
| -7% | -$4.67M |
|
519
Mastercard
MA
$525B
| $66.3M | 0.03% |
469,394
+275,150
| +142% | +$36.4M |
|
520
PUT
Incyte
INCY
$25.9B
| $66.1M | 0.03% |
566,200
+111,900
| +25% | +$14.2M |
|
|
521
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $66M | 0.03% |
1,465,800
-985,000
| -40% | -$44.3M |
|
522
CALL
General Mills
GIS
$21.9B
| $65.8M | 0.03% |
1,271,000
+126,300
| +11% | +$6.92M |
|
523
CALL
Kohl's
KSS
$2.08B
| $65M | 0.03% |
1,424,500
+123,700
| +10% | +$5.07M |
|
|
524
PUT
American Tower
AMT
$83.1B
| $65M | 0.03% |
475,200
+82,700
| +21% | +$11.5M |
|
525
CALL
United Airlines
UAL
$36.9B
| $64.8M | 0.03% |
1,063,700
-464,400
| -30% | -$30.9M |
|
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.