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 | |
|---|---|---|---|---|---|---|
701
PUT
Prudential Financial
PRU
$42.3B
| $43.5M | 0.02% |
409,000
+134,900
| +49% | +$14.4M |
|
|
CBI
702
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $43.5M | 0.02% |
2,587,600
+39,000
| +2% | +$597K |
|
703
PUT
Aptiv
APTV
$9.83B
| $43.4M | 0.02% |
441,000
+189,600
| +75% | +$17.9M |
|
704
CALL
Equinix
EQIX
$104B
| $43.2M | 0.02% |
96,900
+18,800
| +24% | +$8.42M |
|
|
ZIONW
705
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $43.2M | 0.02% |
2,846,798
| – | – |
|
|
AGU
706
PUT
DELISTED
Agrium
AGU
| $43.1M | 0.02% |
401,700
+21,200
| +6% | +$2.12M |
|
707
CALL
PPG Industries
PPG
$25.2B
| $43M | 0.02% |
395,700
+234,200
| +145% | +$24.9M |
|
|
BWLD
708
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $43M | 0.02% |
406,700
+14,000
| +4% | +$1.56M |
|
709
APA Corp
APA
$15.1B
| $42.9M | 0.02% |
937,055
+388,179
| +71% | +$17.1M |
|
710
PUT
Bread Financial
BFH
$4.04B
| $42.9M | 0.02% |
242,706
+188,075
| +344% | +$34.9M |
|
711
CALL
LendingTree
TREE
$435M
| $42.8M | 0.02% |
174,900
+14,200
| +9% | +$3.06M |
|
712
CALL
Albemarle
ALB
$16.7B
| $42.7M | 0.02% |
313,600
+213,100
| +212% | +$25.3M |
|
713
CALL
Plains All American Pipeline
PAA
$17.6B
| $42.7M | 0.02% |
2,013,200
+668,800
| +50% | +$15.5M |
|
714
CALL
ProShares Ultra S&P500
SSO
$8.36B
| $42.6M | 0.02% |
3,524,000
+427,200
| +14% | +$4.96M |
|
715
PUT
Advance Auto Parts
AAP
$2.63B
| $42.6M | 0.02% |
429,100
+52,000
| +14% | +$5.25M |
|
716
PUT
State Street SPDR S&P Retail ETF
XRT
$329M
| $42.5M | 0.02% |
1,018,300
-1,600
| -0.2% | -$64.2K |
|
|
RDS.B
717
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $42.5M | 0.02% |
679,800
+95,600
| +16% | +$5.49M |
|
718
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $42.4M | 0.02% |
1,108,100
-215,800
| -16% | -$7.77M |
|
|
HTZ
719
CALL
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $42.3M | 0.02% |
2,179,188
+930,928
| +75% | +$14.7M |
|
720
PUT
Yum! Brands
YUM
$42.9B
| $42.1M | 0.02% |
571,600
-205,700
| -26% | -$15.5M |
|
721
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $42M | 0.02% |
749,800
+116,700
| +18% | +$6.01M |
|
722
CALL
Under Armour
UAA
$2.31B
| $41.7M | 0.02% |
2,530,900
+304,900
| +14% | +$5.6M |
|
723
CALL
Align Technology
ALGN
$11.3B
| $41.7M | 0.02% |
223,800
+128,700
| +135% | +$22M |
|
724
CALL
McKesson
MCK
$102B
| $41.5M | 0.02% |
270,300
-140,300
| -34% | -$21.9M |
|
725
CALL
McCormick & Company Non-Voting
MKC
$15.1B
| $41.5M | 0.02% |
808,800
+316,400
| +64% | +$15.3M |
|
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.