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 | |
|---|---|---|---|---|---|---|
|
ETP
801
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $30.5M | 0.02% |
835,400
-783,900
| -48% | -$29.2M |
|
802
CALL
Public Storage
PSA
$59.9B
| $30.5M | 0.02% |
139,200
+82,800
| +147% | +$18.3M |
|
803
PUT
Dick's Sporting Goods
DKS
$16.3B
| $30.4M | 0.02% |
624,600
-445,600
| -42% | -$22.6M |
|
804
PUT
Nucor
NUE
$56.4B
| $30.2M | 0.02% |
506,400
+247,000
| +95% | +$15.1M |
|
|
SHPG
805
PUT
DELISTED
Shire pic
SHPG
| $30.2M | 0.02% |
173,200
-11,000
| -6% | -$1.92M |
|
806
CALL
Burlington
BURL
$20.5B
| $30M | 0.02% |
308,700
+64,400
| +26% | +$5.7M |
|
|
807
CALL
Nucor
NUE
$56.4B
| $29.9M | 0.02% |
500,400
+151,100
| +43% | +$9.23M |
|
808
Under Armour Class C
UA
$2.23B
| $29.9M | 0.02% |
1,632,497
-270,361
| -14% | -$5.63M |
|
|
SAFM
809
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $29.9M | 0.02% |
287,700
-153,500
| -35% | -$14.5M |
|
810
CALL
Aptiv
APTV
$9.89B
| $29.8M | 0.02% |
370,700
+141,000
| +61% | +$10.6M |
|
811
CALL
Edwards Lifesciences
EW
$52.1B
| $29.8M | 0.02% |
951,300
+522,900
| +122% | +$16.4M |
|
|
SINA
812
PUT
DELISTED
Sina Corp
SINA
| $29.8M | 0.02% |
413,300
-23,900
| -5% | -$1.69M |
|
813
CALL
Chubb
CB
$134B
| $29.7M | 0.02% |
218,200
+2,700
| +1% | +$363K |
|
814
PUT
Cirrus Logic
CRUS
$5.65B
| $29.7M | 0.02% |
489,300
+79,400
| +19% | +$4.52M |
|
815
Adobe
ADBE
$110B
| $29.7M | 0.02% |
+228,056
| New | +$26.8M |
|
816
CALL
Gen Digital
GEN
$17.5B
| $29.6M | 0.02% |
965,800
-145,100
| -13% | -$4.12M |
|
|
ICPT
817
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $29.6M | 0.02% |
261,700
-349,800
| -57% | -$40.8M |
|
818
PUT
Alaska Air
ALK
$4.63B
| $29.5M | 0.01% |
320,200
+114,300
| +56% | +$10.8M |
|
819
CALL
Tyson Foods
TSN
$20.4B
| $29.4M | 0.01% |
476,000
-140,400
| -23% | -$8.85M |
|
820
PUT
Bunge Global
BG
$21.1B
| $29.3M | 0.01% |
369,900
+66,700
| +22% | +$5M |
|
821
PUT
F5
FFIV
$21.7B
| $29.3M | 0.01% |
205,600
+8,800
| +4% | +$1.26M |
|
|
822
CALL
Air Products & Chemicals
APD
$67.3B
| $29.3M | 0.01% |
216,600
-35,000
| -14% | -$4.93M |
|
823
PUT
iShares MSCI Germany ETF
EWG
$1.72B
| $29.2M | 0.01% |
1,015,600
+701,700
| +224% | +$19.4M |
|
|
CELG
824
DELISTED
Celgene Corp
CELG
| $29.2M | 0.01% |
234,662
+230,546
| +5,601% | +$27.6M |
|
825
CALL
Sysco
SYY
$40.2B
| $29M | 0.01% |
558,700
-39,200
| -7% | -$2.08M |
|
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.