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 | |
|---|---|---|---|---|---|---|
601
PUT
Deckers Outdoor
DECK
$12.5B
| $53.6M | 0.02% |
4,699,200
+2,665,200
| +131% | +$28.7M |
|
|
COHR
602
PUT
DELISTED
Coherent Inc
COHR
| $53.5M | 0.02% |
227,700
+52,200
| +30% | +$12.6M |
|
|
K
603
PUT
DELISTED
Kellanova
K
| $53.5M | 0.02% |
912,918
+184,884
| +25% | +$11.7M |
|
604
CALL
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.8B
| $53.4M | 0.02% |
738,900
+735,700
| +22,991% | +$52.2M |
|
605
PUT
Kroger
KR
$36.2B
| $53.2M | 0.02% |
2,652,800
+175,800
| +7% | +$3.96M |
|
606
PUT
CF Industries
CF
$19.6B
| $53.2M | 0.02% |
1,513,400
-102,300
| -6% | -$3.16M |
|
607
CALL
ProShares UltraPro QQQ
TQQQ
$34.7B
| $53.2M | 0.02% |
11,176,800
+2,937,600
| +36% | +$13.4M |
|
608
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $53.2M | 0.02% |
819,600
-880,900
| -52% | -$49.1M |
|
609
PUT
Vanguard Real Estate ETF
VNQ
$39.3B
| $53M | 0.02% |
637,300
+425,700
| +201% | +$35.6M |
|
|
MNDT
610
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $52.8M | 0.02% |
3,150,200
+216,600
| +7% | +$3.33M |
|
|
VMW
611
CALL
DELISTED
VMware, Inc
VMW
| $52.6M | 0.02% |
481,400
+81,300
| +20% | +$8.03M |
|
612
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $52.4M | 0.02% |
1,269,800
+723,800
| +133% | +$28.9M |
|
613
CALL
Snap
SNAP
$9.35B
| $52.3M | 0.02% |
3,599,400
-1,456,500
| -29% | -$21.1M |
|
|
B
614
Barrick Mining
B
$79.3B
| $52.3M | 0.02% |
3,248,482
-835,565
| -20% | -$14M |
|
615
United Airlines
UAL
$36.9B
| $51.9M | 0.02% |
851,894
+496,294
| +140% | +$33.1M |
|
616
CALL
Howmet Aerospace
HWM
$105B
| $51.8M | 0.02% |
2,717,145
-191,688
| -7% | -$3.67M |
|
|
617
PUT
ProShares UltraPro QQQ
TQQQ
$34.7B
| $51.7M | 0.02% |
10,855,200
+1,874,400
| +21% | +$8.57M |
|
618
CALL
RH
RH
$2.71B
| $51.6M | 0.02% |
734,500
-223,100
| -23% | -$14M |
|
619
CALL
O'Reilly Automotive
ORLY
$73.4B
| $51.6M | 0.02% |
3,597,000
+1,260,000
| +54% | +$16.6M |
|
620
PUT
Goodyear
GT
$1.73B
| $51.6M | 0.02% |
1,552,700
+487,500
| +46% | +$15.8M |
|
621
General Motors
GM
$76.3B
| $51.6M | 0.02% |
1,276,754
+561,569
| +79% | +$20.5M |
|
622
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $51.5M | 0.02% |
1,134,800
-83,200
| -7% | -$3.33M |
|
623
PUT
New Oriental
EDU
$8.97B
| $51M | 0.02% |
578,000
+466,200
| +417% | +$38M |
|
624
CALL
State Street SPDR S&P Retail ETF
XRT
$329M
| $51M | 0.02% |
1,220,600
+228,200
| +23% | +$9.16M |
|
625
CALL
Cummins
CMI
$78.7B
| $50.9M | 0.02% |
302,900
-49,100
| -14% | -$7.95M |
|
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.