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 | |
|---|---|---|---|---|---|---|
|
PARA
526
PUT
DELISTED
Paramount Global Class B
PARA
| $64.7M | 0.03% |
1,114,900
+430,900
| +63% | +$27.2M |
|
527
PUT
Petrobras
PBR
$120B
| $64.5M | 0.02% |
6,424,400
+437,400
| +7% | +$3.97M |
|
528
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $64.5M | 0.02% |
423,900
-106,000
| -20% | -$16M |
|
529
PUT
Align Technology
ALGN
$11.3B
| $64.3M | 0.02% |
345,300
+43,400
| +14% | +$7.43M |
|
|
PXD
530
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $64M | 0.02% |
433,600
+57,800
| +15% | +$8.31M |
|
531
PUT
Norfolk Southern
NSC
$79.3B
| $63.8M | 0.02% |
482,600
-21,600
| -4% | -$2.63M |
|
532
CALL
Synchrony
SYF
$26B
| $63.7M | 0.02% |
2,052,900
+1,415,700
| +222% | +$42.3M |
|
533
PUT
United States Natural Gas Fund
UNG
$511M
| $63.6M | 0.02% |
604,900
+298,806
| +98% | +$31.5M |
|
|
DISH
534
PUT
DELISTED
DISH Network Corp.
DISH
| $63.4M | 0.02% |
1,168,800
+105,400
| +10% | +$6.23M |
|
535
CALL
C.H. Robinson
CHRW
$16.7B
| $63.2M | 0.02% |
831,000
+444,500
| +115% | +$30.8M |
|
536
CALL
Eaton
ETN
$159B
| $63.2M | 0.02% |
823,300
+246,800
| +43% | +$18.6M |
|
537
PUT
Workday
WDAY
$49.2B
| $62.9M | 0.02% |
596,900
+132,400
| +29% | +$13.7M |
|
538
PUT
PNC Financial Services
PNC
$97.2B
| $62.8M | 0.02% |
466,000
-61,100
| -12% | -$7.84M |
|
|
GAP
539
PUT
The Gap Inc
GAP
$7.33B
| $62.7M | 0.02% |
2,124,100
-54,600
| -3% | -$1.34M |
|
|
540
CALL
Workday
WDAY
$49.2B
| $62.6M | 0.02% |
594,100
+188,800
| +47% | +$19.5M |
|
541
CALL
CF Industries
CF
$19.6B
| $62.4M | 0.02% |
1,775,500
+393,500
| +28% | +$12.1M |
|
542
CALL
Domino's
DPZ
$11.5B
| $62.2M | 0.02% |
313,300
+119,500
| +62% | +$23.3M |
|
543
PUT
Devon Energy
DVN
$53.1B
| $62.2M | 0.02% |
1,694,200
-188,700
| -10% | -$6.12M |
|
544
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$675M
| $62M | 0.02% |
69,114
+8,964
| +15% | +$8.45M |
|
545
PUT
O'Reilly Automotive
ORLY
$73.4B
| $61.9M | 0.02% |
4,309,500
+1,339,500
| +45% | +$17.7M |
|
546
Macy's
M
$6.1B
| $61.8M | 0.02% |
2,832,500
+405,604
| +17% | +$8.92M |
|
547
Newmont
NEM
$139B
| $61.8M | 0.02% |
1,646,346
+852,366
| +107% | +$31M |
|
548
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$722M
| $61.1M | 0.02% |
22,640
-5,285
| -19% | -$16.5M |
|
549
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $61M | 0.02% |
1,074,500
-1,545,000
| -59% | -$83M |
|
550
CALL
Aflac
AFL
$59.3B
| $61M | 0.02% |
1,498,400
-366,800
| -20% | -$14.8M |
|
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.