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 | |
|---|---|---|---|---|---|---|
726
PUT
HCA Healthcare
HCA
$93.7B
| $35.6M | 0.02% |
400,300
-572,800
| -59% | -$47.8M |
|
|
MNDT
727
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $35.6M | 0.02% |
2,823,800
+449,200
| +19% | +$5.36M |
|
|
ETFC
728
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $35.5M | 0.02% |
1,018,700
+225,000
| +28% | +$8.07M |
|
729
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $35.5M | 0.02% |
1,411,100
-237,200
| -14% | -$5.9M |
|
730
CALL
Bausch Health
BHC
$2.45B
| $35.3M | 0.02% |
3,199,200
-2,385,700
| -43% | -$32.8M |
|
731
CALL
Danaher
DHR
$153B
| $35.2M | 0.02% |
464,398
-107,836
| -19% | -$8.03M |
|
|
MNDT
732
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $34.9M | 0.02% |
2,768,800
+514,100
| +23% | +$6.13M |
|
733
Visteon
VC
$2.77B
| $34.9M | 0.02% |
356,111
-219,839
| -38% | -$20.3M |
|
734
PUT
Rio Tinto
RIO
$171B
| $34.7M | 0.02% |
853,000
-845,300
| -50% | -$35.9M |
|
735
CALL
The Mosaic Company
MOS
$7.92B
| $34.6M | 0.02% |
1,185,900
-102,500
| -8% | -$3.16M |
|
736
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.6M
| $34.4M | 0.02% |
282,008
+156,609
| +125% | +$18.9M |
|
|
BWLD
737
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $34.4M | 0.02% |
225,400
+30,100
| +15% | +$4.6M |
|
738
PUT
Best Buy
BBY
$18.4B
| $34.4M | 0.02% |
699,500
-326,100
| -32% | -$14.6M |
|
739
PUT
Vulcan Materials
VMC
$36.1B
| $34.4M | 0.02% |
285,300
+192,400
| +207% | +$23.5M |
|
740
PUT
Huntington Ingalls Industries
HII
$11.6B
| $34.4M | 0.02% |
171,600
+143,400
| +509% | +$29.1M |
|
741
CALL
Steel Dynamics
STLD
$33.6B
| $34.2M | 0.02% |
985,000
+446,500
| +83% | +$15.9M |
|
742
PUT
Ambarella
AMBA
$3.1B
| $34.2M | 0.02% |
625,500
-53,300
| -8% | -$2.88M |
|
743
CALL
Hasbro
HAS
$13.2B
| $34.2M | 0.02% |
342,700
+62,600
| +22% | +$5.8M |
|
744
CALL
Petrobras
PBR
$119B
| $34.2M | 0.02% |
3,529,600
-224,000
| -6% | -$2.3M |
|
745
PUT
International Paper
IP
$22B
| $34.1M | 0.02% |
710,054
+241,612
| +52% | +$12.1M |
|
|
ILG
746
CALL
DELISTED
ILG, Inc Common Stock
ILG
| $34.1M | 0.02% |
1,627,600
-575,200
| -26% | -$10.8M |
|
747
CALL
Canadian Pacific Kansas City
CP
$83.6B
| $33.9M | 0.02% |
1,153,500
+455,000
| +65% | +$13.5M |
|
|
GOLD
748
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $33.8M | 0.02% |
387,200
-295,000
| -43% | -$25.7M |
|
749
CALL
State Street
STT
$52B
| $33.8M | 0.02% |
424,200
+36,700
| +9% | +$2.91M |
|
750
CALL
Travelers Companies
TRV
$77.3B
| $33.7M | 0.02% |
279,700
+136,700
| +96% | +$16.4M |
|
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.