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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
PUT
American International
AIG
$39.8B
| $53.3M | 0.03% |
853,300
-169,800
| -17% | -$10.9M |
|
552
CALL
Snap
SNAP
$8.86B
| $53.2M | 0.03% |
+2,359,400
| New | +$52.3M |
|
553
PUT
Lowe's Companies
LOW
$121B
| $53M | 0.03% |
644,600
-611,800
| -49% | -$46.8M |
|
554
CALL
Occidental Petroleum
OXY
$61.3B
| $52.9M | 0.03% |
835,600
-608,900
| -42% | -$40.5M |
|
|
ANDV
555
PUT
DELISTED
Andeavor
ANDV
| $52.9M | 0.03% |
652,100
+40,600
| +7% | +$3.4M |
|
556
Newmont
NEM
$139B
| $52.8M | 0.03% |
1,603,076
+1,001,540
| +166% | +$35M |
|
557
Wells Fargo
WFC
$254B
| $52.6M | 0.03% |
944,584
-2,119,362
| -69% | -$120M |
|
|
RDS.A
558
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $52.3M | 0.03% |
1,009,243
+66,336
| +7% | +$3.46M |
|
559
CALL
Whirlpool
WHR
$2.63B
| $52.3M | 0.03% |
305,100
-74,000
| -20% | -$13.1M |
|
560
Target
TGT
$75.1B
| $52.1M | 0.03% |
+944,016
| New | +$58.7M |
|
561
PUT
eBay
EBAY
$46.3B
| $52.1M | 0.03% |
1,551,600
-280,100
| -15% | -$9.11M |
|
562
CALL
Williams Companies
WMB
$86.2B
| $51.9M | 0.03% |
1,754,200
-927,300
| -35% | -$26.8M |
|
|
WFM
563
PUT
DELISTED
Whole Foods Market Inc
WFM
| $51.9M | 0.03% |
1,746,100
-230,900
| -12% | -$6.95M |
|
564
PUT
Energy Transfer Partners
ET
$73B
| $51.5M | 0.03% |
2,612,200
-617,500
| -19% | -$11.6M |
|
565
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $51.5M | 0.03% |
470,700
-8,100
| -2% | -$713K |
|
566
CALL
Blackstone
BX
$108B
| $51.4M | 0.03% |
1,731,900
-9,490,100
| -85% | -$285M |
|
567
CALL
MGM Resorts International
MGM
$11B
| $51.2M | 0.03% |
1,868,500
-1,493,800
| -44% | -$41.4M |
|
568
CALL
General Mills
GIS
$21.4B
| $50.9M | 0.03% |
862,000
-323,200
| -27% | -$19.8M |
|
569
CALL
Weyerhaeuser
WY
$17.6B
| $50.4M | 0.03% |
1,484,100
+773,300
| +109% | +$25.2M |
|
570
CALL
Ashland
ASH
$3.33B
| $50.4M | 0.03% |
831,704
+529,805
| +175% | +$30.7M |
|
571
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $50M | 0.03% |
1,582,800
+121,200
| +8% | +$3.66M |
|
572
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $49.9M | 0.03% |
913,500
-1,537,000
| -63% | -$82.6M |
|
|
GWPH
573
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $49.5M | 0.03% |
409,400
-211,900
| -34% | -$26M |
|
|
CLR
574
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $49.4M | 0.03% |
1,087,800
-395,200
| -27% | -$18.6M |
|
575
PUT
First Solar
FSLR
$23B
| $49M | 0.02% |
1,809,800
-492,900
| -21% | -$16.2M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.