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 | |
|---|---|---|---|---|---|---|
|
SPLK
876
PUT
DELISTED
Splunk Inc
SPLK
| $26.4M | 0.01% |
424,500
+22,400
| +6% | +$1.34M |
|
|
MOMO
877
CALL
Hello Group
MOMO
$841M
| $26.4M | 0.01% |
773,700
+597,500
| +339% | +$15.9M |
|
|
BLUE
878
CALL
DELISTED
bluebird bio
BLUE
| $26.3M | 0.01% |
22,357
-1,289
| -5% | -$1.31M |
|
879
CALL
Cracker Barrel
CBRL
$1.3B
| $26.3M | 0.01% |
165,300
+22,900
| +16% | +$3.66M |
|
880
Altria Group
MO
$114B
| $26.3M | 0.01% |
368,386
-798,846
| -68% | -$57.8M |
|
|
CLR
881
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $26.3M | 0.01% |
578,800
+137,600
| +31% | +$6.48M |
|
882
CALL
iShares MSCI Japan ETF
EWJ
$22.4B
| $26.3M | 0.01% |
505,600
-892,800
| -64% | -$45.7M |
|
|
MJN
883
DELISTED
Mead Johnson Nutrition Company
MJN
| $26.3M | 0.01% |
294,906
+7,052
| +2% | +$580K |
|
884
PUT
NOV
NOV
$7.04B
| $26.2M | 0.01% |
654,300
+86,300
| +15% | +$3.36M |
|
|
MJN
885
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $26.1M | 0.01% |
293,500
+105,600
| +56% | +$8.68M |
|
886
PUT
CarMax
KMX
$8.91B
| $26.1M | 0.01% |
441,000
+40,100
| +10% | +$2.61M |
|
887
PUT
Zillow
Z
$8.33B
| $26.1M | 0.01% |
774,100
-81,600
| -10% | -$2.91M |
|
|
PARA
888
PUT
DELISTED
Paramount Global Class B
PARA
| $26M | 0.01% |
375,500
-247,800
| -40% | -$16.3M |
|
889
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.5M
| $26M | 0.01% |
212,800
-3,800
| -2% | -$459K |
|
890
CALL
Stryker
SYK
$126B
| $25.9M | 0.01% |
197,100
-195,000
| -50% | -$24.6M |
|
|
891
CALL
NOV
NOV
$7.04B
| $25.9M | 0.01% |
647,200
-236,700
| -27% | -$9.22M |
|
892
CALL
O'Reilly Automotive
ORLY
$73.4B
| $25.9M | 0.01% |
1,441,500
+408,000
| +39% | +$7.37M |
|
|
VAL
893
CALL
DELISTED
Valspar
VAL
| $25.9M | 0.01% |
233,400
+40,500
| +21% | +$4.45M |
|
894
PUT
GameStop
GME
$8.09B
| $25.9M | 0.01% |
4,592,000
-1,346,000
| -23% | -$8.22M |
|
895
PUT
Lam Research
LRCX
$388B
| $25.9M | 0.01% |
2,016,000
+709,000
| +54% | +$8.34M |
|
896
CALL
Franco-Nevada
FNV
$52.1B
| $25.9M | 0.01% |
394,900
+72,400
| +22% | +$4.67M |
|
897
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $25.9M | 0.01% |
996,763
+959,919
| +2,605% | +$25M |
|
898
Expedia Group
EXPE
$40.7B
| $25.8M | 0.01% |
204,639
+89,783
| +78% | +$11M |
|
899
PUT
Range Resources
RRC
$9.64B
| $25.8M | 0.01% |
887,200
-578,200
| -39% | -$17.9M |
|
900
PUT
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $25.7M | 0.01% |
193,000
+172,300
| +832% | +$22.8M |
|
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.