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 | |
|---|---|---|---|---|---|---|
676
CALL
Spectrum Brands
SPB
$2.03B
| $45.5M | 0.02% |
429,100
+395,400
| +1,173% | +$44.4M |
|
|
BLUE
677
CALL
DELISTED
bluebird bio
BLUE
| $45.4M | 0.02% |
25,499
-6,238
| -20% | -$8.72M |
|
678
CALL
Allstate
ALL
$65.8B
| $45.3M | 0.02% |
492,400
+236,900
| +93% | +$21.5M |
|
679
CALL
Enterprise Products Partners
EPD
$82.8B
| $45.2M | 0.02% |
1,733,200
+582,400
| +51% | +$15.4M |
|
680
Verizon
VZ
$208B
| $45.2M | 0.02% |
912,610
-664,372
| -42% | -$31.3M |
|
681
Under Armour
UAA
$2.31B
| $44.9M | 0.02% |
2,723,934
+1,379,236
| +103% | +$25.3M |
|
682
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $44.8M | 0.02% |
1,781,000
-368,400
| -17% | -$9.58M |
|
683
PUT
The Mosaic Company
MOS
$7.63B
| $44.8M | 0.02% |
2,073,600
+200,100
| +11% | +$4.33M |
|
|
ICPT
684
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $44.7M | 0.02% |
770,800
+589,800
| +326% | +$63.5M |
|
685
PUT
HF Sinclair
DINO
$16.9B
| $44.7M | 0.02% |
1,242,000
+153,600
| +14% | +$4.62M |
|
686
CALL
TransDigm Group
TDG
$66.3B
| $44.6M | 0.02% |
174,600
-164,400
| -48% | -$44.5M |
|
|
FL
687
PUT
DELISTED
Foot Locker
FL
| $44.4M | 0.02% |
1,261,400
+339,200
| +37% | +$14.3M |
|
688
CALL
Cheniere Energy
LNG
$58B
| $44.3M | 0.02% |
982,900
-87,400
| -8% | -$3.86M |
|
689
Bristol-Myers Squibb
BMY
$137B
| $44.2M | 0.02% |
693,990
-438,492
| -39% | -$25.6M |
|
690
CALL
Seagate
STX
$180B
| $44.2M | 0.02% |
1,331,700
-203,100
| -13% | -$6.9M |
|
691
PUT
Wheaton Precious Metals
WPM
$72.8B
| $44.1M | 0.02% |
2,308,600
-33,900
| -1% | -$667K |
|
692
PUT
Arista Networks
ANET
$237B
| $44M | 0.02% |
3,708,800
+1,828,800
| +97% | +$19.1M |
|
|
BWLD
693
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $43.9M | 0.02% |
415,200
+83,900
| +25% | +$9.33M |
|
694
CALL
Credit Acceptance
CACC
$6.26B
| $43.8M | 0.02% |
156,500
+14,900
| +11% | +$3.91M |
|
|
STRP
695
CALL
DELISTED
Straight Path Communications Inc.
STRP
| $43.7M | 0.02% |
242,000
-407,300
| -63% | -$73.1M |
|
696
CALL
Rio Tinto
RIO
$170B
| $43.7M | 0.02% |
926,200
+308,700
| +50% | +$14.4M |
|
697
PUT
Akamai
AKAM
$15.2B
| $43.6M | 0.02% |
895,300
-492,500
| -35% | -$23.6M |
|
698
CALL
Travelers Companies
TRV
$77.3B
| $43.6M | 0.02% |
355,700
+47,000
| +15% | +$5.87M |
|
699
CALL
Huntsman Corp
HUN
$1.68B
| $43.6M | 0.02% |
1,589,100
-1,588,700
| -50% | -$42.3M |
|
|
VIAB
700
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $43.5M | 0.02% |
1,564,200
+253,600
| +19% | +$7.82M |
|
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.