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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
CALL
Align Technology
ALGN
$11.3B
| $47.5M | 0.02% |
214,000
-9,800
| -4% | -$2.23M |
|
702
Philip Morris
PM
$297B
| $47.3M | 0.02% |
+447,584
| New | +$47.7M |
|
703
PUT
Goodyear
GT
$1.7B
| $47.2M | 0.02% |
1,461,100
-91,600
| -6% | -$2.91M |
|
704
Oracle
ORCL
$414B
| $47M | 0.02% |
994,480
-1,266,302
| -56% | -$62.1M |
|
705
Nektar Therapeutics
NKTR
$2.53B
| $46.9M | 0.02% |
52,375
+24,825
| +90% | +$14.7M |
|
|
BNY
706
CALL
Bank of New York Mellon
BNY
$110B
| $46.8M | 0.02% |
868,900
+227,500
| +35% | +$12.1M |
|
707
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.81B
| $46.7M | 0.02% |
+612,355
| New | +$46.2M |
|
708
PUT
TAL Education Group
TAL
$6.31B
| $46.7M | 0.02% |
1,572,000
+424,900
| +37% | +$12.9M |
|
709
CALL
Yelp
YELP
$1.29B
| $46.7M | 0.02% |
1,112,900
+41,800
| +4% | +$1.86M |
|
710
Baidu
BIDU
$31.2B
| $46.6M | 0.02% |
199,104
-271,247
| -58% | -$66.3M |
|
711
Kinder Morgan
KMI
$68.9B
| $46.5M | 0.02% |
2,575,894
+578,189
| +29% | +$10.4M |
|
|
712
PUT
Yelp
YELP
$1.29B
| $46.5M | 0.02% |
1,109,200
-189,200
| -15% | -$8.42M |
|
|
FL
713
PUT
DELISTED
Foot Locker
FL
| $46.5M | 0.02% |
992,200
-269,200
| -21% | -$10.1M |
|
|
BAS
714
DELISTED
Basis Energy Services, Inc.
BAS
| $46.5M | 0.02% |
1,980,308
+43,434
| +2% | +$903K |
|
715
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$26M
| $46.4M | 0.02% |
181
+5
| +3% | +$1.52M |
|
716
Visa
V
$712B
| $46.3M | 0.02% |
406,329
+403,952
| +16,994% | +$44.6M |
|
717
CALL
VanEck Semiconductor ETF
SMH
$65.2B
| $46.1M | 0.02% |
943,600
+472,200
| +100% | +$23.5M |
|
|
TFCFA
718
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $46.1M | 0.02% |
1,335,700
+819,200
| +159% | +$24.4M |
|
719
CALL
Kraft Heinz
KHC
$30.5B
| $46.1M | 0.02% |
592,900
-1,000
| -0.2% | -$78.6K |
|
|
ETP
720
DELISTED
Energy Transfer Partners, L.P.
ETP
| $45.9M | 0.02% |
2,563,939
+1,015,729
| +66% | +$17.5M |
|
721
CALL
Carnival Corporation Ltd
CCL
$35.3B
| $45.9M | 0.02% |
691,800
-19,800
| -3% | -$1.31M |
|
722
PUT
Enterprise Products Partners
EPD
$82.9B
| $45.8M | 0.02% |
1,727,000
+324,200
| +23% | +$8.21M |
|
723
CALL
ServiceNow
NOW
$133B
| $45.8M | 0.02% |
1,754,500
-350,500
| -17% | -$8.71M |
|
724
PUT
Occidental Petroleum
OXY
$59.9B
| $45.7M | 0.02% |
620,900
-225,000
| -27% | -$15.3M |
|
|
CLR
725
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $45.6M | 0.02% |
860,900
-90,000
| -9% | -$3.95M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.