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 | |
|---|---|---|---|---|---|---|
851
PUT
Corpay
CPAY
$27.3B
| $27.9M | 0.01% |
184,000
+152,600
| +486% | +$23.9M |
|
852
PUT
Jazz Pharmaceuticals
JAZZ
$16.4B
| $27.8M | 0.01% |
191,700
-20,400
| -10% | -$2.66M |
|
|
SLCA
853
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $27.8M | 0.01% |
578,900
+70,200
| +14% | +$3.76M |
|
|
NBL
854
CALL
DELISTED
Noble Energy, Inc.
NBL
| $27.6M | 0.01% |
804,100
-154,000
| -16% | -$5.7M |
|
855
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $27.6M | 0.01% |
226,900
+22,800
| +11% | +$2.73M |
|
|
AGU
856
PUT
DELISTED
Agrium
AGU
| $27.5M | 0.01% |
288,100
+30,600
| +12% | +$3.08M |
|
857
CALL
Shopify
SHOP
$193B
| $27.4M | 0.01% |
4,031,000
+1,930,000
| +92% | +$11.1M |
|
858
JD.com
JD
$39.4B
| $27.4M | 0.01% |
+881,134
| New | +$25.9M |
|
859
CALL
Nexstar Media Group
NXST
$5.8B
| $27.3M | 0.01% |
388,800
+66,400
| +21% | +$4.45M |
|
860
CALL
BlackBerry
BB
$4.52B
| $27.2M | 0.01% |
3,513,000
-766,500
| -18% | -$5.46M |
|
861
CALL
Bath & Body Works
BBWI
$3.86B
| $27.2M | 0.01% |
714,491
+440,743
| +161% | +$19.9M |
|
862
CALL
Post Holdings
POST
$3.76B
| $27M | 0.01% |
471,235
+100,848
| +27% | +$5.56M |
|
863
CALL
Cencora
COR
$61.7B
| $26.9M | 0.01% |
304,400
-57,000
| -16% | -$5.01M |
|
864
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $26.9M | 0.01% |
723,000
+267,500
| +59% | +$9.53M |
|
865
CALL
CF Industries
CF
$19.4B
| $26.9M | 0.01% |
915,400
-3,653,200
| -80% | -$119M |
|
866
CALL
Cardinal Health
CAH
$53.7B
| $26.9M | 0.01% |
329,400
+108,300
| +49% | +$8.52M |
|
|
867
PUT
Cencora
COR
$61.7B
| $26.9M | 0.01% |
303,500
+69,400
| +30% | +$6.1M |
|
868
CALL
Harley-Davidson
HOG
$2.94B
| $26.8M | 0.01% |
443,700
-83,200
| -16% | -$4.89M |
|
|
ATHN
869
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $26.8M | 0.01% |
238,200
+1,100
| +0.5% | +$128K |
|
870
PUT
Domino's
DPZ
$11.4B
| $26.8M | 0.01% |
145,300
-615,800
| -81% | -$110M |
|
871
PUT
BHP
BHP
$246B
| $26.7M | 0.01% |
824,383
-834,137
| -50% | -$28.8M |
|
|
JCP
872
DELISTED
J.C. Penney Company, Inc.
JCP
| $26.6M | 0.01% |
4,322,501
+3,129,528
| +262% | +$20.7M |
|
873
PUT
Under Armour Class C
UA
$2.24B
| $26.6M | 0.01% |
1,454,300
+1,254,200
| +627% | +$26.1M |
|
|
SIVB
874
PUT
DELISTED
SVB Financial Group
SIVB
| $26.5M | 0.01% |
142,500
+82,200
| +136% | +$14.9M |
|
875
CALL
ProShares Ultra QQQ
QLD
$13.7B
| $26.4M | 0.01% |
3,945,600
+1,803,200
| +84% | +$11.3M |
|
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.