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 | |
|---|---|---|---|---|---|---|
|
RDS.B
826
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $29M | 0.01% |
519,100
-11,400
| -2% | -$647K |
|
827
SandRidge Energy
SD
$521M
| $29M | 0.01% |
1,566,813
+863,066
| +123% | +$17.2M |
|
828
Morgan Stanley
MS
$337B
| $29M | 0.01% |
+675,963
| New | +$30M |
|
829
CALL
Ambarella
AMBA
$3.08B
| $28.9M | 0.01% |
527,900
+118,900
| +29% | +$6.42M |
|
830
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $28.8M | 0.01% |
773,400
+507,600
| +191% | +$18.1M |
|
831
CALL
Corning
GLW
$126B
| $28.8M | 0.01% |
1,065,200
+5,400
| +0.5% | +$144K |
|
|
832
Apple
AAPL
$4.55T
| $28.7M | 0.01% |
799,436
-55,374,052
| -99% | -$1.82B |
|
833
Dollar Tree
DLTR
$26B
| $28.7M | 0.01% |
+365,159
| New | +$28.1M |
|
834
First Solar
FSLR
$22.6B
| $28.6M | 0.01% |
1,056,561
-839,406
| -44% | -$27.5M |
|
835
CALL
Vulcan Materials
VMC
$35.6B
| $28.6M | 0.01% |
237,600
+33,400
| +16% | +$4.08M |
|
|
PPL
836
CALL
PPL Corp
PPL
$26.3B
| $28.5M | 0.01% |
763,400
+57,000
| +8% | +$2.04M |
|
837
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$722M
| $28.5M | 0.01% |
9,739
+441
| +5% | +$1.23M |
|
|
CAB
838
PUT
DELISTED
Cabela's Inc
CAB
| $28.5M | 0.01% |
535,900
+145,900
| +37% | +$7.48M |
|
|
CERN
839
CALL
DELISTED
Cerner Corp
CERN
| $28.4M | 0.01% |
482,100
+111,200
| +30% | +$6.01M |
|
840
CALL
ServiceNow
NOW
$133B
| $28.4M | 0.01% |
1,621,000
+53,000
| +3% | +$924K |
|
|
RSX
841
DELISTED
VanEck Russia ETF
RSX
| $28.3M | 0.01% |
1,368,134
-2,126,273
| -61% | -$44.8M |
|
842
PUT
Aptiv
APTV
$9.81B
| $28.3M | 0.01% |
351,200
-234,800
| -40% | -$17.6M |
|
|
S
843
PUT
DELISTED
Sprint Corporation
S
| $28.2M | 0.01% |
3,252,400
-431,400
| -12% | -$3.77M |
|
844
PUT
XPO
XPO
$22.4B
| $28.1M | 0.01% |
1,698,694
+203,265
| +14% | +$3.32M |
|
845
CALL
Akamai
AKAM
$15.3B
| $28.1M | 0.01% |
470,900
-66,000
| -12% | -$4.34M |
|
846
CALL
Vanguard FTSE Europe ETF
VGK
$31.2B
| $28M | 0.01% |
543,600
+357,900
| +193% | +$17.9M |
|
|
RTN
847
DELISTED
Raytheon Company
RTN
| $28M | 0.01% |
183,798
-33,152
| -15% | -$4.99M |
|
848
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $28M | 0.01% |
89,699
+71,498
| +393% | +$22.2M |
|
849
CALL
Workday
WDAY
$49.5B
| $28M | 0.01% |
336,100
-4,800
| -1% | -$398K |
|
850
CALL
TripAdvisor
TRIP
$1.2B
| $27.9M | 0.01% |
646,200
+393,300
| +156% | +$18.6M |
|
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.