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 | |
|---|---|---|---|---|---|---|
|
SHPG
526
PUT
DELISTED
Shire pic
SHPG
| $60.1M | 0.03% |
363,400
+190,200
| +110% | +$33.2M |
|
527
CALL
Vanguard Real Estate ETF
VNQ
$39.3B
| $60M | 0.03% |
720,900
+154,600
| +27% | +$12.9M |
|
|
PXD
528
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $60M | 0.03% |
375,800
-248,100
| -40% | -$42.4M |
|
529
CALL
International Paper
IP
$21.7B
| $59.9M | 0.03% |
1,118,198
-197,367
| -15% | -$9.97M |
|
530
PUT
PayPal
PYPL
$52.8B
| $59.8M | 0.03% |
1,114,100
-341,500
| -23% | -$16.8M |
|
531
CALL
Seagate
STX
$180B
| $59.5M | 0.03% |
1,534,800
-400,200
| -21% | -$17.5M |
|
532
PUT
ArcelorMittal
MT
$54.8B
| $59.4M | 0.03% |
2,615,200
+2,288,500
| +700% | +$51.3M |
|
|
RHT
533
CALL
DELISTED
Red Hat Inc
RHT
| $59.2M | 0.03% |
618,500
-95,600
| -13% | -$8.53M |
|
534
CALL
United Rentals
URI
$67.4B
| $59.1M | 0.03% |
524,100
+4,100
| +0.8% | +$458K |
|
|
MBLY
535
CALL
DELISTED
Mobileye N.V.
MBLY
| $58.7M | 0.03% |
934,700
-703,400
| -43% | -$43.6M |
|
536
Western Digital
WDC
$157B
| $58.5M | 0.03% |
873,197
-1,318,612
| -60% | -$87.6M |
|
537
CALL
Whirlpool
WHR
$2.62B
| $58.5M | 0.03% |
305,100
| – | – |
|
538
CALL
Freeport-McMoran
FCX
$112B
| $58.5M | 0.03% |
4,867,000
+834,300
| +21% | +$10.1M |
|
539
PUT
Universal Display
OLED
$3.89B
| $58.4M | 0.03% |
534,800
+67,400
| +14% | +$7.1M |
|
540
PUT
Avis
CAR
$5.19B
| $58.3M | 0.03% |
2,138,700
+704,500
| +49% | +$18.1M |
|
541
PUT
Northrop Grumman
NOC
$78B
| $58.2M | 0.03% |
226,800
-236,600
| -51% | -$59.2M |
|
542
CALL
United States Natural Gas Fund
UNG
$511M
| $58M | 0.03% |
534,488
+339,525
| +174% | +$39.3M |
|
|
TWTR
543
CALL
DELISTED
Twitter, Inc.
TWTR
| $57.8M | 0.03% |
3,233,700
+188,500
| +6% | +$3.21M |
|
544
PUT
Kroger
KR
$36.2B
| $57.8M | 0.03% |
2,477,000
+1,626,500
| +191% | +$46.1M |
|
545
PUT
General Dynamics
GD
$104B
| $57.5M | 0.03% |
290,300
-304,200
| -51% | -$59.6M |
|
546
PUT
Yum! Brands
YUM
$42.9B
| $57.3M | 0.03% |
777,300
-183,000
| -19% | -$12.7M |
|
547
PUT
Accenture
ACN
$114B
| $57.3M | 0.03% |
462,900
-92,300
| -17% | -$11.2M |
|
548
Kinder Morgan
KMI
$69B
| $57.2M | 0.03% |
2,987,958
+1,239,709
| +71% | +$24.6M |
|
549
PUT
Incyte
INCY
$25.9B
| $57.2M | 0.03% |
454,300
+25,800
| +6% | +$3.28M |
|
550
CALL
Cummins
CMI
$78.7B
| $57.1M | 0.03% |
352,000
+42,100
| +14% | +$6.53M |
|
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.