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 | |
|---|---|---|---|---|---|---|
726
CALL
Dollar Tree
DLTR
$26.3B
| $41.5M | 0.02% |
477,900
-86,100
| -15% | -$6.57M |
|
727
PUT
Capri Holdings
CPRI
$1.55B
| $41.3M | 0.02% |
863,400
-157,200
| -15% | -$6.39M |
|
728
PUT
Martin Marietta Materials
MLM
$37.9B
| $41.2M | 0.02% |
199,900
+82,000
| +70% | +$17.3M |
|
|
PPL
729
CALL
PPL Corp
PPL
$26.4B
| $41.2M | 0.02% |
1,085,000
+228,900
| +27% | +$8.85M |
|
730
CALL
Weyerhaeuser
WY
$17.6B
| $40.9M | 0.02% |
1,202,600
-476,800
| -28% | -$15.7M |
|
731
PUT
Transocean
RIG
$6.44B
| $40.9M | 0.02% |
3,797,100
+947,200
| +33% | +$8.16M |
|
732
CALL
Cboe Global Markets
CBOE
$32.2B
| $40.6M | 0.02% |
377,100
-58,000
| -13% | -$5.71M |
|
733
CALL
Sherwin-Williams
SHW
$84.2B
| $40.6M | 0.02% |
339,900
-105,000
| -24% | -$12M |
|
734
CALL
Zoetis
ZTS
$31.9B
| $40.5M | 0.02% |
635,400
+196,400
| +45% | +$12.3M |
|
735
PUT
Southern Company
SO
$104B
| $40.5M | 0.02% |
823,500
+588,500
| +250% | +$28.5M |
|
|
SINA
736
PUT
DELISTED
Sina Corp
SINA
| $40.1M | 0.02% |
349,800
-104,100
| -23% | -$10.5M |
|
|
JCP
737
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $40.1M | 0.02% |
10,523,600
+1,855,800
| +21% | +$8.21M |
|
738
CALL
Genuine Parts
GPC
$18.7B
| $40M | 0.02% |
418,500
+146,000
| +54% | +$12.4M |
|
739
Altria Group
MO
$114B
| $40M | 0.02% |
631,042
+426,569
| +209% | +$28.4M |
|
|
CMA
740
CALL
DELISTED
Comerica
CMA
| $40M | 0.02% |
524,400
-153,400
| -23% | -$11M |
|
|
RTN
741
DELISTED
Raytheon Company
RTN
| $39.9M | 0.02% |
213,599
+68,465
| +47% | +$12.1M |
|
742
PUT
Thermo Fisher Scientific
TMO
$232B
| $39.8M | 0.02% |
210,500
+91,000
| +76% | +$16.5M |
|
|
ETP
743
PUT
DELISTED
Energy Transfer Partners, L.P.
ETP
| $39.6M | 0.02% |
2,165,400
+885,800
| +69% | +$17.2M |
|
744
PUT
Teck Resources
TECK
$34.4B
| $39.6M | 0.02% |
1,877,000
+214,900
| +13% | +$4.68M |
|
|
745
CALL
Thermo Fisher Scientific
TMO
$232B
| $39.6M | 0.02% |
209,200
+9,500
| +5% | +$1.72M |
|
|
KSU
746
PUT
DELISTED
Kansas City Southern
KSU
| $39.5M | 0.02% |
363,500
+55,800
| +18% | +$5.85M |
|
747
American Airlines Group
AAL
$9.02B
| $39.5M | 0.02% |
831,069
-189,109
| -19% | -$9.15M |
|
748
PUT
XPO
XPO
$22.5B
| $39.4M | 0.02% |
1,679,611
+415,204
| +33% | +$8.7M |
|
749
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $39.3M | 0.02% |
605,117
+503,676
| +497% | +$28.1M |
|
750
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $39.2M | 0.02% |
+453,062
| New | +$36.3M |
|
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.