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 | |
|---|---|---|---|---|---|---|
626
iShares MSCI Mexico ETF
EWW
$1.79B
| $50.5M | 0.02% |
924,936
+677,249
| +273% | +$38.1M |
|
627
PUT
Vodafone
VOD
$36.9B
| $50.5M | 0.02% |
1,774,600
-421,100
| -19% | -$12.2M |
|
628
PUT
General Mills
GIS
$21.9B
| $50.5M | 0.02% |
975,200
+166,200
| +21% | +$9.11M |
|
|
GG
629
DELISTED
Goldcorp Inc
GG
| $50.4M | 0.02% |
3,887,374
-89,643
| -2% | -$1.18M |
|
630
SPDR Gold Trust
GLD
$155B
| $50.3M | 0.02% |
413,401
-721,849
| -64% | -$87.8M |
|
631
PUT
Kinder Morgan
KMI
$69B
| $50.2M | 0.02% |
2,616,300
-328,400
| -11% | -$6.4M |
|
632
PUT
Abbott
ABT
$202B
| $50.1M | 0.02% |
938,700
+127,100
| +16% | +$6.38M |
|
633
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $50M | 0.02% |
438,137
+67,016
| +18% | +$7.62M |
|
634
CALL
Incyte
INCY
$25.9B
| $50M | 0.02% |
428,100
+11,500
| +3% | +$1.45M |
|
635
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$25.8M
| $49.7M | 0.02% |
176
+94
| +115% | +$27.9M |
|
636
CALL
Exelon
EXC
$45.7B
| $49.6M | 0.02% |
1,844,471
-287,130
| -13% | -$7.68M |
|
637
CALL
ServiceNow
NOW
$132B
| $49.5M | 0.02% |
2,105,000
+391,500
| +23% | +$8.71M |
|
638
PUT
McKesson
MCK
$102B
| $49.4M | 0.02% |
321,400
-197,800
| -38% | -$30.9M |
|
639
Coca-Cola
KO
$396B
| $49.3M | 0.02% |
1,095,936
+655,832
| +149% | +$29.8M |
|
640
CALL
Bath & Body Works
BBWI
$3.86B
| $49.1M | 0.02% |
1,460,402
+400,788
| +38% | +$13.5M |
|
641
PUT
TJX Companies
TJX
$155B
| $48.9M | 0.02% |
1,326,600
+473,600
| +56% | +$16.9M |
|
642
CALL
Energy Transfer Partners
ET
$72.6B
| $48.6M | 0.02% |
2,796,600
+778,700
| +39% | +$13.6M |
|
643
CALL
Emerson Electric
EMR
$87.9B
| $48.5M | 0.02% |
772,200
+181,900
| +31% | +$11M |
|
644
CALL
BlackBerry
BB
$4.48B
| $48.4M | 0.02% |
4,326,100
-843,700
| -16% | -$7.94M |
|
645
PUT
iShares Silver Trust
SLV
$33.5B
| $48.2M | 0.02% |
3,065,200
+326,900
| +12% | +$5.21M |
|
|
XYZ
646
PUT
Block Inc
XYZ
$48.9B
| $48.2M | 0.02% |
1,673,300
+725,300
| +77% | +$19M |
|
647
PUT
Rockwell Automation
ROK
$47.7B
| $48.2M | 0.02% |
270,500
+237,400
| +717% | +$39.5M |
|
648
Merck
MRK
$372B
| $48.2M | 0.02% |
788,414
+778,935
| +8,217% | +$47.2M |
|
|
SHPG
649
PUT
DELISTED
Shire pic
SHPG
| $47.8M | 0.02% |
312,000
-51,400
| -14% | -$8.06M |
|
|
DFS
650
CALL
DELISTED
Discover Financial Services
DFS
| $47.8M | 0.02% |
740,800
+176,400
| +31% | +$10.7M |
|
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.