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 | |
|---|---|---|---|---|---|---|
826
CALL
Ubiquiti
UI
$33.5B
| $35.5M | 0.01% |
633,200
+355,400
| +128% | +$20.5M |
|
827
PUT
Ross Stores
ROST
$77.5B
| $35.4M | 0.01% |
548,600
-120,100
| -18% | -$6.91M |
|
|
SPLK
828
PUT
DELISTED
Splunk Inc
SPLK
| $35.4M | 0.01% |
533,200
-47,600
| -8% | -$2.98M |
|
829
PUT
Equinix
EQIX
$104B
| $35.3M | 0.01% |
79,100
-44,100
| -36% | -$19.8M |
|
830
CALL
Wayfair
W
$14.1B
| $35.3M | 0.01% |
523,600
+236,500
| +82% | +$17.6M |
|
831
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $35.3M | 0.01% |
1,400,544
+350,988
| +33% | +$9.13M |
|
|
CLVS
832
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $35M | 0.01% |
425,100
-241,200
| -36% | -$19.1M |
|
|
CERN
833
CALL
DELISTED
Cerner Corp
CERN
| $35M | 0.01% |
490,800
-22,400
| -4% | -$1.49M |
|
834
PUT
Puma Biotechnology
PBYI
$471M
| $35M | 0.01% |
292,200
-479,900
| -62% | -$44.6M |
|
|
FTR
835
PUT
DELISTED
Frontier Communications Corp.
FTR
| $35M | 0.01% |
2,967,200
+2,792,647
| +1,600% | +$39.2M |
|
836
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $34.9M | 0.01% |
1,078,680
+582,454
| +117% | +$18.3M |
|
837
CALL
Centene
CNC
$32.4B
| $34.8M | 0.01% |
720,000
+406,400
| +130% | +$17.5M |
|
838
ExxonMobil
XOM
$675B
| $34.7M | 0.01% |
423,356
-636,233
| -60% | -$50.5M |
|
839
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.9B
| $34.7M | 0.01% |
518
+418
| +418% | +$29.7M |
|
840
PUT
BlackBerry
BB
$4.48B
| $34.7M | 0.01% |
3,101,900
-597,900
| -16% | -$5.62M |
|
841
CALL
W.W. Grainger
GWW
$62.3B
| $34.5M | 0.01% |
191,700
+90,200
| +89% | +$15.2M |
|
842
The Mosaic Company
MOS
$7.63B
| $34.4M | 0.01% |
1,594,918
+613,264
| +62% | +$13.3M |
|
843
CALL
Transocean
RIG
$6.44B
| $34.4M | 0.01% |
3,194,200
+337,200
| +12% | +$2.9M |
|
844
CALL
Fastenal
FAST
$58.8B
| $34.3M | 0.01% |
3,011,200
+955,200
| +46% | +$10.3M |
|
845
Morgan Stanley
MS
$336B
| $34.3M | 0.01% |
712,216
+569,516
| +399% | +$26.4M |
|
846
PUT
Tyson Foods
TSN
$20.4B
| $34.3M | 0.01% |
486,700
+8,600
| +2% | +$550K |
|
847
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $34.2M | 0.01% |
764,117
+362,168
| +90% | +$15.9M |
|
848
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $34.2M | 0.01% |
997,564
-3,967,908
| -80% | -$129M |
|
|
TSRO
849
PUT
DELISTED
TESARO, Inc.
TSRO
| $34.1M | 0.01% |
264,100
-191,400
| -42% | -$23.8M |
|
850
PUT
TotalEnergies
TTE
$198B
| $34.1M | 0.01% |
636,400
+69,200
| +12% | +$3.56M |
|
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.