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 | |
|---|---|---|---|---|---|---|
|
CXO
701
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $37.2M | 0.02% |
289,900
+24,500
| +9% | +$3.3M |
|
702
PUT
Bath & Body Works
BBWI
$3.84B
| $37.1M | 0.02% |
973,519
+288,345
| +42% | +$13M |
|
|
HES
703
CALL
DELISTED
Hess
HES
| $37M | 0.02% |
768,200
-46,200
| -6% | -$2.45M |
|
704
Nike
NKE
$60.6B
| $37M | 0.02% |
663,773
-1,751,031
| -73% | -$96.7M |
|
705
PUT
Akamai
AKAM
$15.5B
| $37M | 0.02% |
619,300
+175,000
| +39% | +$11.5M |
|
|
BWLD
706
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $36.8M | 0.02% |
240,800
-134,400
| -36% | -$20.5M |
|
707
CALL
Equinix
EQIX
$104B
| $36.8M | 0.02% |
91,800
-12,500
| -12% | -$4.75M |
|
708
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.52B
| $36.8M | 0.02% |
204,415
+23,735
| +13% | +$4.81M |
|
|
RAD
709
PUT
DELISTED
Rite Aid Corporation
RAD
| $36.7M | 0.02% |
432,115
+135,340
| +46% | +$16.3M |
|
|
KATE
710
CALL
DELISTED
Kate Spade & Company
KATE
| $36.6M | 0.02% |
1,576,100
+1,007,300
| +177% | +$21.1M |
|
711
PUT
HP
HPQ
$26.8B
| $36.3M | 0.02% |
2,029,200
-719,100
| -26% | -$11.6M |
|
|
TSRO
712
DELISTED
TESARO, Inc.
TSRO
| $36.2M | 0.02% |
235,247
+131,694
| +127% | +$21.4M |
|
713
PUT
Lincoln National
LNC
$8.22B
| $36.2M | 0.02% |
552,700
+273,300
| +98% | +$18.7M |
|
714
CALL
NextEra Energy
NEE
$174B
| $36.1M | 0.02% |
1,126,400
+69,600
| +7% | +$2.19M |
|
|
VIAB
715
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $36.1M | 0.02% |
774,900
-479,500
| -38% | -$20.2M |
|
|
716
PUT
NextEra Energy
NEE
$174B
| $36.1M | 0.02% |
1,125,200
+668,800
| +147% | +$21M |
|
717
Salesforce
CRM
$174B
| $36.1M | 0.02% |
437,592
+74,485
| +21% | +$5.95M |
|
|
RDS.A
718
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $36.1M | 0.02% |
696,188
+206,564
| +42% | +$10.8M |
|
|
719
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.52B
| $36M | 0.02% |
200,360
+45,080
| +29% | +$9.13M |
|
|
ACIA
720
PUT
DELISTED
Acacia Communications Inc
ACIA
| $36M | 0.02% |
613,800
+273,900
| +81% | +$15.9M |
|
|
B
721
Barrick Mining
B
$79.2B
| $36M | 0.02% |
1,894,542
-4,577,740
| -71% | -$84.5M |
|
|
SHLD
722
PUT
DELISTED
Sears Holding Corporation
SHLD
| $35.8M | 0.02% |
3,119,200
+574,100
| +23% | +$4.8M |
|
|
GAP
723
CALL
The Gap Inc
GAP
$7.29B
| $35.8M | 0.02% |
1,474,700
+263,600
| +22% | +$6.29M |
|
724
Mastercard
MA
$522B
| $35.8M | 0.02% |
318,178
-497,020
| -61% | -$54.5M |
|
|
KSU
725
PUT
DELISTED
Kansas City Southern
KSU
| $35.7M | 0.02% |
416,500
+32,300
| +8% | +$2.77M |
|
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.