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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
CALL
Cheniere Energy
LNG
$57.4B
| $59.8M | 0.02% |
1,110,000
+127,100
| +13% | +$6.13M |
|
602
CALL
ProShares Ultra S&P500
SSO
$8.39B
| $59.6M | 0.02% |
4,360,800
+836,800
| +24% | +$10.8M |
|
|
ESRX
603
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $59.6M | 0.02% |
797,900
-302,700
| -28% | -$19.4M |
|
|
JOYY
604
CALL
JOYY Inc
JOYY
$3.71B
| $59.4M | 0.02% |
525,200
+184,800
| +54% | +$18.5M |
|
|
NXH
605
CALL
Neighborhood Intelligence Inc
NXH
$374M
| $59.2M | 0.02% |
1,233,571
+816,436
| +196% | +$29.5M |
|
606
PUT
Equifax
EFX
$22.8B
| $59.2M | 0.02% |
502,200
-1,131,400
| -69% | -$127M |
|
607
PUT
Capri Holdings
CPRI
$1.55B
| $59.2M | 0.02% |
940,000
+76,600
| +9% | +$4.2M |
|
608
CALL
Emerson Electric
EMR
$87.4B
| $59.1M | 0.02% |
848,300
+76,100
| +10% | +$4.93M |
|
609
PUT
Automatic Data Processing
ADP
$113B
| $58.8M | 0.02% |
501,900
-683,200
| -58% | -$78.1M |
|
610
CALL
iShares MSCI Brazil ETF
EWZ
$8.12B
| $58.5M | 0.02% |
1,447,300
-3,761,200
| -72% | -$152M |
|
611
CALL
Kroger
KR
$36B
| $58.4M | 0.02% |
2,127,900
-250,300
| -11% | -$5.83M |
|
612
CALL
Intercontinental Exchange
ICE
$90.9B
| $58.3M | 0.02% |
825,800
+625,600
| +312% | +$42.9M |
|
613
CALL
Fastenal
FAST
$59.2B
| $58.2M | 0.02% |
4,256,400
+1,245,200
| +41% | +$15.4M |
|
614
CALL
General Mills
GIS
$21.7B
| $58.2M | 0.02% |
981,100
-289,900
| -23% | -$15.7M |
|
615
CALL
Dollar Tree
DLTR
$25.8B
| $58M | 0.02% |
540,100
+62,200
| +13% | +$6.08M |
|
|
JCP
616
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $58M | 0.02% |
18,338,900
+7,815,300
| +74% | +$25.2M |
|
617
PUT
Dollar General
DG
$27.3B
| $57.8M | 0.02% |
621,900
+158,200
| +34% | +$13.6M |
|
|
CLVS
618
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $57.5M | 0.02% |
845,600
+420,500
| +99% | +$29.4M |
|
619
CALL
Aflac
AFL
$59.1B
| $57.5M | 0.02% |
1,310,000
-188,400
| -13% | -$8.04M |
|
620
CALL
Alnylam Pharmaceuticals
ALNY
$31.1B
| $57.4M | 0.02% |
451,600
-662,500
| -59% | -$83.2M |
|
621
Amgen
AMGN
$238B
| $57.3M | 0.02% |
329,737
+228,989
| +227% | +$40.5M |
|
622
PUT
Alaska Air
ALK
$4.63B
| $57.2M | 0.02% |
778,500
+297,400
| +62% | +$21.1M |
|
|
623
CALL
Capri Holdings
CPRI
$1.55B
| $57.2M | 0.02% |
908,300
+115,200
| +15% | +$6.31M |
|
624
CALL
ProShares UltraPro QQQ
TQQQ
$35B
| $57M | 0.02% |
9,868,800
-1,308,000
| -12% | -$7.15M |
|
|
HES
625
CALL
DELISTED
Hess
HES
| $56.5M | 0.02% |
1,191,200
+373,200
| +46% | +$16.8M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.