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 | |
|---|---|---|---|---|---|---|
576
PUT
Valero Energy
VLO
$98B
| $53.5M | 0.02% |
792,400
-278,700
| -26% | -$18.1M |
|
|
ATVI
577
PUT
DELISTED
Activision Blizzard
ATVI
| $53.4M | 0.02% |
928,400
-576,700
| -38% | -$31.8M |
|
578
CALL
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $53.1M | 0.02% |
1,221,200
+704,600
| +136% | +$29.9M |
|
579
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $53.1M | 0.02% |
782,800
+272,600
| +53% | +$17.7M |
|
580
PUT
Equinix
EQIX
$106B
| $52.9M | 0.02% |
123,200
-117,400
| -49% | -$49.8M |
|
581
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $52.7M | 0.02% |
2,149,400
+152,300
| +8% | +$3.78M |
|
582
CALL
Incyte
INCY
$26.3B
| $52.5M | 0.02% |
416,600
+51,000
| +14% | +$6.49M |
|
583
CALL
Cheniere Energy
LNG
$57.6B
| $52.1M | 0.02% |
1,070,300
+83,900
| +9% | +$4M |
|
584
CALL
ArcelorMittal
MT
$55.5B
| $52M | 0.02% |
2,289,900
+1,845,267
| +415% | +$41.3M |
|
585
CALL
Sherwin-Williams
SHW
$85.1B
| $52M | 0.02% |
444,900
-266,100
| -37% | -$29.7M |
|
586
CALL
SLB Ltd
SLB
$79.1B
| $52M | 0.02% |
790,000
-115,700
| -13% | -$8.29M |
|
587
PUT
American Tower
AMT
$83.2B
| $51.9M | 0.02% |
392,500
-147,800
| -27% | -$18.9M |
|
588
CALL
BlackBerry
BB
$4.57B
| $51.6M | 0.02% |
5,169,800
+1,656,800
| +47% | +$16.3M |
|
589
CALL
Carnival Corporation Ltd
CCL
$35.8B
| $51.6M | 0.02% |
787,100
+42,900
| +6% | +$2.67M |
|
590
CALL
Ulta Beauty
ULTA
$23.1B
| $51.5M | 0.02% |
179,300
-92,200
| -34% | -$26.9M |
|
|
GG
591
DELISTED
Goldcorp Inc
GG
| $51.3M | 0.02% |
3,977,017
+1,329,285
| +50% | +$18.6M |
|
592
American Airlines Group
AAL
$9.23B
| $51.3M | 0.02% |
1,020,178
-352,778
| -26% | -$16.4M |
|
593
CALL
LyondellBasell Industries
LYB
$20.2B
| $50.9M | 0.02% |
603,500
-77,400
| -11% | -$6.43M |
|
594
CALL
KeyCorp
KEY
$23.4B
| $50.9M | 0.02% |
2,714,500
+998,000
| +58% | +$18.1M |
|
595
Oracle
ORCL
$417B
| $50.7M | 0.02% |
1,010,921
+1,003,898
| +14,294% | +$45.8M |
|
596
Walmart Inc
WMT
$839B
| $50.6M | 0.02% |
2,005,890
+965,382
| +93% | +$24.5M |
|
597
PUT
Applied Optoelectronics
AAOI
$9.61B
| $50.6M | 0.02% |
818,500
+613,200
| +299% | +$35.8M |
|
598
CALL
Howmet Aerospace
HWM
$105B
| $50.5M | 0.02% |
2,908,833
-236,285
| -8% | -$4.81M |
|
599
CALL
Kohl's
KSS
$2B
| $50.3M | 0.02% |
1,300,800
-41,200
| -3% | -$1.58M |
|
|
CBI
600
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $50.3M | 0.02% |
2,548,600
+1,550,700
| +155% | +$36M |
|
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.