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
576
DELISTED
Paramount Global Class B
PARA
| $56M | 0.02% |
966,041
+759,640
| +368% | +$48M |
|
577
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $56M | 0.02% |
1,037,600
-142,500
| -12% | -$7.83M |
|
578
CALL
Aptiv
APTV
$9.83B
| $55.8M | 0.02% |
567,400
+284,900
| +101% | +$26.9M |
|
579
Halliburton
HAL
$28.9B
| $55.7M | 0.02% |
1,210,868
-590,438
| -33% | -$24.7M |
|
580
CALL
Ashland
ASH
$3.38B
| $55.7M | 0.02% |
851,700
+261,700
| +44% | +$16.7M |
|
581
CALL
AstraZeneca
AZN
$259B
| $55.6M | 0.02% |
820,700
-1,744,550
| -68% | -$110M |
|
582
CALL
Nucor
NUE
$55.5B
| $55.6M | 0.02% |
991,900
-90,600
| -8% | -$5.12M |
|
583
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $55.5M | 0.02% |
1,273,200
+394,600
| +45% | +$17.1M |
|
584
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $55.4M | 0.02% |
853,100
-446,400
| -34% | -$24.9M |
|
585
CALL
Teva Pharmaceuticals
TEVA
$43B
| $55.4M | 0.02% |
3,145,000
-314,700
| -9% | -$7.08M |
|
586
CALL
International Paper
IP
$21.7B
| $54.9M | 0.02% |
1,021,152
-97,046
| -9% | -$5.1M |
|
587
CALL
Shopify
SHOP
$193B
| $54.7M | 0.02% |
4,697,000
+922,000
| +24% | +$9.42M |
|
588
PUT
Vale
VALE
$64B
| $54.7M | 0.02% |
5,432,400
+627,500
| +13% | +$6.31M |
|
|
JWN
589
CALL
DELISTED
Nordstrom
JWN
| $54.5M | 0.02% |
1,156,300
-176,500
| -13% | -$8.2M |
|
|
MOMO
590
PUT
Hello Group
MOMO
$841M
| $54.4M | 0.02% |
1,735,000
+473,600
| +38% | +$18.8M |
|
591
PUT
Occidental Petroleum
OXY
$60.1B
| $54.3M | 0.02% |
845,900
-182,100
| -18% | -$11.1M |
|
592
CALL
Illumina
ILMN
$33.7B
| $54.3M | 0.02% |
280,130
-84,193
| -23% | -$15.7M |
|
593
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $54.3M | 0.02% |
930,200
+413,800
| +80% | +$23.5M |
|
594
NETSCOUT
NTCT
$2.75B
| $54.2M | 0.02% |
1,676,871
-778,188
| -32% | -$26M |
|
|
ICPT
595
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $54.2M | 0.02% |
934,500
+700,000
| +299% | +$75.4M |
|
596
PUT
Deutsche Bank
DB
$72.2B
| $54.2M | 0.02% |
3,135,300
-74,400
| -2% | -$1.29M |
|
|
JWN
597
PUT
DELISTED
Nordstrom
JWN
| $54.2M | 0.02% |
1,148,900
+424,200
| +59% | +$19.7M |
|
|
598
CALL
Vale
VALE
$64B
| $53.9M | 0.02% |
5,347,900
+315,200
| +6% | +$3.17M |
|
599
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $53.8M | 0.02% |
2,138,100
+285,000
| +15% | +$7.41M |
|
600
PUT
Lumen
LUMN
$5.85B
| $53.8M | 0.02% |
2,846,500
+1,593,900
| +127% | +$33.6M |
|
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.