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 | |
|---|---|---|---|---|---|---|
626
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $43.8M | 0.02% |
744,200
+232,600
| +45% | +$13M |
|
627
PUT
Tyson Foods
TSN
$20.6B
| $43.5M | 0.02% |
705,700
-63,100
| -8% | -$3.98M |
|
628
CALL
Clorox
CLX
$12.9B
| $43.5M | 0.02% |
322,500
+119,300
| +59% | +$15.5M |
|
629
APA Corp
APA
$15.2B
| $43.4M | 0.02% |
845,349
+822,249
| +3,560% | +$46.2M |
|
630
PUT
Perrigo
PRGO
$1.98B
| $43.4M | 0.02% |
653,700
-3,700
| -0.6% | -$281K |
|
631
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$67.8M
| $43.3M | 0.02% |
558
+71
| +15% | +$5.74M |
|
632
CALL
Southern Company
SO
$102B
| $43.1M | 0.02% |
865,600
+207,400
| +32% | +$10.2M |
|
633
PUT
Workday
WDAY
$49.4B
| $43M | 0.02% |
516,000
+146,200
| +40% | +$12.1M |
|
634
PUT
AstraZeneca
AZN
$257B
| $42.8M | 0.02% |
686,550
+66,050
| +11% | +$3.84M |
|
635
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $42.6M | 0.02% |
832,500
+637,300
| +326% | +$29.6M |
|
636
CALL
McKesson
MCK
$100B
| $42.6M | 0.02% |
287,100
-11,500
| -4% | -$1.68M |
|
637
PUT
Royal Gold
RGLD
$21.9B
| $42.6M | 0.02% |
607,600
+178,400
| +42% | +$12.1M |
|
638
PUT
Avis
CAR
$5.18B
| $42.4M | 0.02% |
1,434,200
+459,000
| +47% | +$15.9M |
|
639
CALL
Devon Energy
DVN
$54B
| $42.3M | 0.02% |
1,014,200
-1,446,000
| -59% | -$63.6M |
|
640
CALL
KKR & Co
KKR
$97.4B
| $42.2M | 0.02% |
2,316,600
+1,314,300
| +131% | +$23.4M |
|
|
BHI
641
CALL
DELISTED
Baker Hughes
BHI
| $42M | 0.02% |
702,400
-327,300
| -32% | -$19.9M |
|
642
CALL
Johnson Controls International
JCI
$86.7B
| $42M | 0.02% |
997,300
-725,900
| -42% | -$30.7M |
|
643
PUT
The Mosaic Company
MOS
$7.76B
| $41.9M | 0.02% |
1,435,400
+17,900
| +1% | +$553K |
|
644
CALL
Medtronic
MDT
$119B
| $41.8M | 0.02% |
518,500
-734,200
| -59% | -$57.4M |
|
|
ANDV
645
CALL
DELISTED
Andeavor
ANDV
| $41.7M | 0.02% |
514,400
+144,700
| +39% | +$12.1M |
|
646
PUT
Hewlett Packard
HPE
$70.8B
| $41.2M | 0.02% |
2,987,576
+936,500
| +46% | +$12.6M |
|
647
CALL
Cboe Global Markets
CBOE
$31.4B
| $41.1M | 0.02% |
507,200
-340,400
| -40% | -$26.6M |
|
648
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $41.1M | 0.02% |
1,634,000
+1,240,000
| +315% | +$30.8M |
|
649
CALL
Zions Bancorporation
ZION
$9.95B
| $41M | 0.02% |
975,000
-171,100
| -15% | -$7.43M |
|
|
STI
650
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $40.6M | 0.02% |
734,400
+3,500
| +0.5% | +$201K |
|
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.