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 | |
|---|---|---|---|---|---|---|
|
BNY
851
CALL
Bank of New York Mellon
BNY
$110B
| $34M | 0.01% |
641,400
+14,500
| +2% | +$761K |
|
852
Unilever
UL
$141B
| $33.9M | 0.01% |
520,012
+73,413
| +16% | +$4.72M |
|
853
PUT
Everest Group
EG
$14.4B
| $33.9M | 0.01% |
148,400
+142,500
| +2,415% | +$35.9M |
|
854
PUT
Wayfair
W
$14.1B
| $33.8M | 0.01% |
501,300
+167,100
| +50% | +$12.4M |
|
855
CALL
HF Sinclair
DINO
$16.9B
| $33.7M | 0.01% |
937,100
+71,800
| +8% | +$2.16M |
|
856
PUT
AstraZeneca
AZN
$259B
| $33.6M | 0.01% |
496,450
-496,350
| -50% | -$31.4M |
|
857
CALL
TotalEnergies
TTE
$198B
| $33.6M | 0.01% |
628,500
+38,900
| +7% | +$2M |
|
858
CALL
Darden Restaurants
DRI
$25.6B
| $33.6M | 0.01% |
426,900
-170,700
| -29% | -$14.4M |
|
859
PUT
Kohl's
KSS
$2.08B
| $33.6M | 0.01% |
735,700
-1,126,700
| -60% | -$46.2M |
|
860
PUT
Gen Digital
GEN
$17.4B
| $33.6M | 0.01% |
1,022,600
+417,500
| +69% | +$12.7M |
|
861
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $33.5M | 0.01% |
842,000
+154,700
| +23% | +$5.95M |
|
862
RTX Corp
RTX
$282B
| $33.5M | 0.01% |
458,323
+382,377
| +503% | +$28.3M |
|
863
Under Armour Class C
UA
$2.25B
| $33.4M | 0.01% |
2,224,899
+271,519
| +14% | +$4.57M |
|
|
MRO
864
PUT
DELISTED
Marathon Oil Corporation
MRO
| $33.4M | 0.01% |
2,463,600
+438,400
| +22% | +$5.2M |
|
865
PUT
Ubiquiti
UI
$33.5B
| $33.4M | 0.01% |
595,800
+220,500
| +59% | +$12.7M |
|
866
PUT
Copa Holdings
CPA
$5.95B
| $33.4M | 0.01% |
267,900
+116,500
| +77% | +$14.7M |
|
867
CALL
Rockwell Automation
ROK
$47.7B
| $33.4M | 0.01% |
187,200
-23,200
| -11% | -$3.86M |
|
868
CALL
ProShares UltraShort S&P500
SDS
$399M
| $33.4M | 0.01% |
28,604
+23,196
| +429% | +$28.3M |
|
869
PUT
Nucor
NUE
$55.5B
| $33.4M | 0.01% |
595,200
-373,200
| -39% | -$21.1M |
|
|
VMW
870
PUT
DELISTED
VMware, Inc
VMW
| $33.3M | 0.01% |
305,100
-74,800
| -20% | -$7.39M |
|
|
IRBT
871
PUT
DELISTED
iRobot
IRBT
| $33.3M | 0.01% |
431,800
-52,300
| -11% | -$4.79M |
|
|
LSI
872
PUT
DELISTED
Life Storage, Inc.
LSI
| $33.2M | 0.01% |
609,150
+173,550
| +40% | +$8.71M |
|
873
MGM Resorts International
MGM
$11B
| $33.2M | 0.01% |
1,018,036
-344,132
| -25% | -$11.1M |
|
|
DFS
874
PUT
DELISTED
Discover Financial Services
DFS
| $33.1M | 0.01% |
514,000
-78,600
| -13% | -$4.77M |
|
|
HIMX
875
Himax Technologies
HIMX
$2.34B
| $33.1M | 0.01% |
3,026,525
+640,829
| +27% | +$5.82M |
|
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.