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 | |
|---|---|---|---|---|---|---|
751
CALL
Advance Auto Parts
AAP
$2.66B
| $33.7M | 0.02% |
227,100
-41,800
| -16% | -$6.72M |
|
752
CALL
Lam Research
LRCX
$381B
| $33.6M | 0.02% |
2,618,000
-1,441,000
| -36% | -$16.9M |
|
753
CALL
Range Resources
RRC
$9.61B
| $33.3M | 0.02% |
1,145,400
+335,500
| +41% | +$10.4M |
|
754
Delta Air Lines
DAL
$54.5B
| $33.2M | 0.02% |
722,653
+564,306
| +356% | +$27.5M |
|
755
CALL
Diageo
DEO
$53.7B
| $33.1M | 0.02% |
286,500
-80,800
| -22% | -$9.07M |
|
|
SKX
756
CALL
DELISTED
Skechers
SKX
| $33.1M | 0.02% |
1,206,000
+794,900
| +193% | +$20.6M |
|
757
CALL
Teck Resources
TECK
$34B
| $33M | 0.02% |
1,509,000
+20,600
| +1% | +$460K |
|
758
PUT
Lennar Class A
LEN
$21.3B
| $32.9M | 0.02% |
675,826
+429,890
| +175% | +$19.5M |
|
|
KSU
759
CALL
DELISTED
Kansas City Southern
KSU
| $32.9M | 0.02% |
383,500
+30,300
| +9% | +$2.6M |
|
|
SLCA
760
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $32.9M | 0.02% |
685,300
+423,300
| +162% | +$22.7M |
|
|
JWN
761
PUT
DELISTED
Nordstrom
JWN
| $32.9M | 0.02% |
705,600
+50,600
| +8% | +$2.26M |
|
762
PUT
Cleveland-Cliffs
CLF
$6.81B
| $32.9M | 0.02% |
4,001,600
+1,346,700
| +51% | +$12.8M |
|
763
PUT
Transocean
RIG
$6.33B
| $32.8M | 0.02% |
2,637,500
-344,000
| -12% | -$4.73M |
|
|
ZIONW
764
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $32.8M | 0.02% |
2,846,798
| – | – |
|
765
iShares MSCI ACWI ETF
ACWI
$33.1B
| $32.8M | 0.02% |
517,782
-338,760
| -40% | -$21M |
|
766
PUT
BioMarin Pharmaceuticals
BMRN
$12.7B
| $32.7M | 0.02% |
372,300
-144,200
| -28% | -$12.8M |
|
|
767
PUT
Advance Auto Parts
AAP
$2.66B
| $32.6M | 0.02% |
219,800
+60,100
| +38% | +$9.66M |
|
768
CALL
Ventas
VTR
$47.8B
| $32.5M | 0.02% |
500,000
-30,600
| -6% | -$1.91M |
|
769
PUT
Canadian Pacific Kansas City
CP
$83.5B
| $32.5M | 0.02% |
1,106,000
+219,000
| +25% | +$6.5M |
|
770
CALL
Alcoa
AA
$13.4B
| $32.5M | 0.02% |
944,600
+45,200
| +5% | +$1.58M |
|
771
PUT
Acadia Pharmaceuticals
ACAD
$5.06B
| $32.4M | 0.02% |
943,200
-324,900
| -26% | -$11.5M |
|
772
PUT
Williams Companies
WMB
$85.4B
| $32.4M | 0.02% |
1,094,500
-1,045,800
| -49% | -$30.2M |
|
773
CALL
Dollar General
DG
$27.3B
| $32.4M | 0.02% |
464,200
+90,000
| +24% | +$6.59M |
|
|
WFM
774
CALL
DELISTED
Whole Foods Market Inc
WFM
| $32.3M | 0.02% |
1,088,300
+24,300
| +2% | +$732K |
|
775
PUT
Harley-Davidson
HOG
$2.95B
| $32.3M | 0.02% |
533,100
-350,300
| -40% | -$20.6M |
|
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.