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 | |
|---|---|---|---|---|---|---|
601
PUT
Edwards Lifesciences
EW
$51.8B
| $46.6M | 0.02% |
1,484,700
+330,000
| +29% | +$10.3M |
|
602
CALL
Bunge Global
BG
$21.7B
| $46.4M | 0.02% |
585,700
+272,200
| +87% | +$20.4M |
|
603
Under Armour
UAA
$2.32B
| $46.4M | 0.02% |
2,343,704
+1,529,737
| +188% | +$35.6M |
|
604
CALL
Northrop Grumman
NOC
$78.3B
| $46.2M | 0.02% |
194,400
+68,600
| +55% | +$16.3M |
|
|
P
605
PUT
DELISTED
Pandora Media Inc
P
| $46.1M | 0.02% |
3,899,700
+598,000
| +18% | +$7.51M |
|
606
PUT
Ralph Lauren
RL
$22.2B
| $46M | 0.02% |
563,800
+145,600
| +35% | +$12M |
|
607
MGM Resorts International
MGM
$11B
| $46M | 0.02% |
+1,677,016
| New | +$46.5M |
|
608
CALL
TotalEnergies
TTE
$199B
| $45.9M | 0.02% |
910,800
-30,300
| -3% | -$1.53M |
|
609
PUT
TAL Education Group
TAL
$6.28B
| $45.9M | 0.02% |
2,584,800
+1,912,200
| +284% | +$27.7M |
|
610
PUT
CME Group
CME
$98.9B
| $45.8M | 0.02% |
385,800
+52,700
| +16% | +$6.34M |
|
611
PUT
Marathon Petroleum
MPC
$101B
| $45.5M | 0.02% |
901,200
+104,100
| +13% | +$5.18M |
|
|
TWTR
612
CALL
DELISTED
Twitter, Inc.
TWTR
| $45.5M | 0.02% |
3,045,200
-4,527,000
| -60% | -$73.5M |
|
613
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $45.4M | 0.02% |
1,261,400
-1,723,700
| -58% | -$64.6M |
|
|
DCH
614
PUT
Dauch Corp
DCH
$1.63B
| $45.3M | 0.02% |
2,412,600
+2,325,600
| +2,673% | +$46.4M |
|
|
TFCF
615
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $45.2M | 0.02% |
1,422,980
+349,841
| +33% | +$10.5M |
|
616
CALL
Cognizant
CTSH
$27.9B
| $45.2M | 0.02% |
758,600
+245,700
| +48% | +$14.1M |
|
|
JCP
617
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $44.6M | 0.02% |
7,244,000
-838,600
| -10% | -$5.55M |
|
618
CALL
Viatris
VTRS
$18.7B
| $44.5M | 0.02% |
1,141,900
-197,500
| -15% | -$7.96M |
|
619
PUT
Petrobras
PBR
$123B
| $44.5M | 0.02% |
4,590,100
-3,254,200
| -41% | -$33.4M |
|
620
PUT
CF Industries
CF
$19.6B
| $44.4M | 0.02% |
1,513,900
+258,900
| +21% | +$8.44M |
|
|
SPLK
621
CALL
DELISTED
Splunk Inc
SPLK
| $44.4M | 0.02% |
713,000
+41,700
| +6% | +$2.5M |
|
622
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $44.2M | 0.02% |
204,300
+139,400
| +215% | +$29.7M |
|
|
MJN
623
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $44M | 0.02% |
494,400
+108,600
| +28% | +$8.93M |
|
|
K
624
PUT
DELISTED
Kellanova
K
| $43.9M | 0.02% |
644,325
+417,160
| +184% | +$28.8M |
|
625
CALL
Universal Display
OLED
$3.95B
| $43.9M | 0.02% |
509,300
+220,600
| +76% | +$15.9M |
|
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.