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 | |
|---|---|---|---|---|---|---|
|
RHT
776
PUT
DELISTED
Red Hat Inc
RHT
| $32.1M | 0.02% |
371,300
+68,400
| +23% | +$5.44M |
|
777
PUT
Twilio
TWLO
$34.1B
| $32.1M | 0.02% |
1,110,600
+388,700
| +54% | +$11.8M |
|
778
CALL
Transocean
RIG
$6.41B
| $31.7M | 0.02% |
2,549,000
-1,543,400
| -38% | -$21.2M |
|
779
PUT
iShares MSCI South Korea ETF
EWY
$27B
| $31.7M | 0.02% |
510,200
+247,700
| +94% | +$14.5M |
|
780
PUT
Zoetis
ZTS
$31.9B
| $31.6M | 0.02% |
592,100
-6,200
| -1% | -$335K |
|
781
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $31.5M | 0.02% |
535,400
+130,800
| +32% | +$7.31M |
|
782
PUT
HF Sinclair
DINO
$16.8B
| $31.5M | 0.02% |
1,112,800
+117,100
| +12% | +$3.42M |
|
783
CALL
First Solar
FSLR
$22.6B
| $31.5M | 0.02% |
1,161,600
-268,800
| -19% | -$8.82M |
|
|
MXIM
784
CALL
DELISTED
Maxim Integrated Products
MXIM
| $31.5M | 0.02% |
699,900
+151,000
| +28% | +$6.62M |
|
785
PUT
VanEck Semiconductor ETF
SMH
$64.8B
| $31.5M | 0.02% |
789,400
-82,600
| -9% | -$3.14M |
|
786
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.84B
| $31.4M | 0.02% |
994,000
+522,400
| +111% | +$15.8M |
|
|
ATHN
787
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $31.4M | 0.02% |
278,600
-118,400
| -30% | -$13.8M |
|
788
CALL
VF Corp
VFC
$5.61B
| $31.3M | 0.02% |
603,853
+71,154
| +13% | +$3.51M |
|
|
P
789
DELISTED
Pandora Media Inc
P
| $31.2M | 0.02% |
2,643,219
-360,861
| -12% | -$4.53M |
|
790
CALL
Royal Gold
RGLD
$22B
| $31.2M | 0.02% |
445,600
+230,500
| +107% | +$15.6M |
|
791
PUT
MPLX
MPLX
$59.3B
| $31.1M | 0.02% |
863,000
+624,300
| +262% | +$23M |
|
792
CALL
Yelp
YELP
$1.3B
| $31.1M | 0.02% |
948,500
-373,900
| -28% | -$13.9M |
|
793
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$256M
| $31M | 0.02% |
97,860
+46,350
| +90% | +$16.3M |
|
794
CALL
Enterprise Products Partners
EPD
$82.1B
| $30.9M | 0.02% |
1,119,600
-791,300
| -41% | -$22.1M |
|
795
PUT
Sarepta Therapeutics
SRPT
$1.94B
| $30.9M | 0.02% |
1,043,100
-513,800
| -33% | -$15.9M |
|
|
CBI
796
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $30.7M | 0.02% |
997,900
-61,900
| -6% | -$2M |
|
797
Coty
COTY
$2.44B
| $30.6M | 0.02% |
1,688,570
-4,128,275
| -71% | -$78.1M |
|
798
AstraZeneca
AZN
$256B
| $30.6M | 0.02% |
491,453
+116,540
| +31% | +$6.78M |
|
799
PUT
PVH
PVH
$3.54B
| $30.6M | 0.02% |
295,600
+152,700
| +107% | +$14.1M |
|
800
CALL
KeyCorp
KEY
$23.4B
| $30.5M | 0.02% |
1,716,500
-18,700
| -1% | -$342K |
|
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.