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 | |
|---|---|---|---|---|---|---|
651
CALL
Emerson Electric
EMR
$87.7B
| $40.6M | 0.02% |
678,300
-116,600
| -15% | -$6.96M |
|
652
PUT
Alcoa
AA
$13.7B
| $40.6M | 0.02% |
1,180,000
+587,300
| +99% | +$20.6M |
|
653
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $40.5M | 0.02% |
1,545,000
-918,000
| -37% | -$23.8M |
|
|
TRUE
654
CALL
DELISTED
TrueCar
TRUE
| $40.5M | 0.02% |
2,614,800
+1,608,900
| +160% | +$22.3M |
|
|
POT
655
DELISTED
Potash Corp Of Saskatchewan
POT
| $40.3M | 0.02% |
2,359,619
+375,591
| +19% | +$6.81M |
|
656
PUT
Universal Display
OLED
$3.95B
| $40.2M | 0.02% |
467,400
+17,600
| +4% | +$1.27M |
|
657
Vodafone
VOD
$36.9B
| $40.2M | 0.02% |
1,521,049
-343,289
| -18% | -$8.79M |
|
658
Charter Communications
CHTR
$17.9B
| $40.2M | 0.02% |
+122,741
| New | +$39.1M |
|
659
CALL
PPG Industries
PPG
$25.3B
| $40.1M | 0.02% |
381,600
+87,100
| +30% | +$8.82M |
|
660
PUT
Signet Jewelers
SIG
$3.16B
| $39.9M | 0.02% |
576,500
+145,800
| +34% | +$10.9M |
|
661
PUT
RH
RH
$2.9B
| $39.9M | 0.02% |
862,900
+88,200
| +11% | +$2.73M |
|
|
CS
662
PUT
DELISTED
Credit Suisse Group
CS
| $39.8M | 0.02% |
2,679,300
+1,614,100
| +152% | +$24.6M |
|
663
PUT
Dollar General
DG
$27.2B
| $39.7M | 0.02% |
569,100
-466,400
| -45% | -$34.2M |
|
664
CALL
Exelon
EXC
$45.1B
| $39.7M | 0.02% |
1,546,126
+300,449
| +24% | +$7.66M |
|
665
CALL
Deutsche Bank
DB
$71.1B
| $39.7M | 0.02% |
2,311,600
-1,599,328
| -41% | -$27.7M |
|
|
DFS
666
PUT
DELISTED
Discover Financial Services
DFS
| $39.7M | 0.02% |
579,800
+82,700
| +17% | +$5.81M |
|
667
CALL
Martin Marietta Materials
MLM
$32.1B
| $39.5M | 0.02% |
181,200
+10,100
| +6% | +$2.23M |
|
668
CALL
TransDigm Group
TDG
$66.4B
| $39.5M | 0.02% |
179,300
+82,800
| +86% | +$19.8M |
|
|
SAGE
669
PUT
DELISTED
Sage Therapeutics
SAGE
| $39.4M | 0.02% |
554,900
+451,400
| +436% | +$26.4M |
|
670
PUT
iShares MSCI Mexico ETF
EWW
$1.86B
| $39.4M | 0.02% |
769,300
+190,800
| +33% | +$8.85M |
|
671
CALL
C.H. Robinson
CHRW
$16.5B
| $39.4M | 0.02% |
509,200
-88,500
| -15% | -$6.8M |
|
672
CALL
APA Corp
APA
$15.2B
| $39.3M | 0.02% |
764,500
-169,800
| -18% | -$9.54M |
|
|
FL
673
CALL
DELISTED
Foot Locker
FL
| $39.2M | 0.02% |
524,400
+269,300
| +106% | +$19.4M |
|
674
CALL
Illinois Tool Works
ITW
$80.4B
| $39M | 0.02% |
294,600
+165,400
| +128% | +$21.4M |
|
675
CALL
Dominion Energy
D
$58.6B
| $39M | 0.02% |
502,600
+71,100
| +16% | +$5.38M |
|
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.