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 | |
|---|---|---|---|---|---|---|
876
CALL
Gen Digital
GEN
$17.4B
| $33.1M | 0.01% |
1,007,500
-307,300
| -23% | -$9.37M |
|
|
WW
877
CALL
DELISTED
WW International
WW
| $33M | 0.01% |
758,500
+74,900
| +11% | +$3.11M |
|
878
PUT
ProShares UltraShort S&P500
SDS
$399M
| $33M | 0.01% |
28,312
+21,657
| +325% | +$26.4M |
|
879
CALL
Viatris
VTRS
$19B
| $33M | 0.01% |
1,051,900
-125,800
| -11% | -$4.27M |
|
|
ATHN
880
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $33M | 0.01% |
265,100
+25,700
| +11% | +$3.54M |
|
881
PUT
HP
HPQ
$26.1B
| $32.9M | 0.01% |
1,649,300
+434,600
| +36% | +$8.27M |
|
882
Spectrum Brands
SPB
$2.03B
| $32.9M | 0.01% |
310,616
+238,168
| +329% | +$26.8M |
|
|
COL
883
PUT
DELISTED
Rockwell Collins
COL
| $32.9M | 0.01% |
251,600
+191,900
| +321% | +$23.3M |
|
884
CALL
TripAdvisor
TRIP
$1.19B
| $32.9M | 0.01% |
810,700
+311,500
| +62% | +$12.7M |
|
885
CALL
iShares MSCI South Korea ETF
EWY
$27B
| $32.7M | 0.01% |
474,200
-155,100
| -25% | -$10.7M |
|
886
PUT
Chubb
CB
$133B
| $32.7M | 0.01% |
229,500
+198,300
| +636% | +$28.7M |
|
887
CALL
ArcelorMittal
MT
$54.8B
| $32.6M | 0.01% |
1,264,100
-1,025,800
| -45% | -$26.5M |
|
888
CALL
Medtronic
MDT
$119B
| $32.5M | 0.01% |
417,900
-216,500
| -34% | -$18M |
|
|
TIF
889
PUT
DELISTED
Tiffany & Co.
TIF
| $32.5M | 0.01% |
353,800
+120,100
| +51% | +$11M |
|
890
PUT
Edwards Lifesciences
EW
$52.2B
| $32.5M | 0.01% |
890,700
-94,200
| -10% | -$3.59M |
|
891
CALL
Conagra Brands
CAG
$8B
| $32.4M | 0.01% |
961,500
+328,600
| +52% | +$11.2M |
|
|
RSX
892
DELISTED
VanEck Russia ETF
RSX
| $32.4M | 0.01% |
1,452,253
-816,995
| -36% | -$16.9M |
|
893
PUT
Thor Industries
THO
$4.13B
| $32.4M | 0.01% |
257,000
+24,500
| +11% | +$2.64M |
|
|
894
PUT
Spectrum Brands
SPB
$2.03B
| $32.3M | 0.01% |
305,400
+297,300
| +3,670% | +$33.4M |
|
895
PepsiCo
PEP
$197B
| $32.3M | 0.01% |
289,791
+281,291
| +3,309% | +$32.5M |
|
|
RDS.A
896
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $32.2M | 0.01% |
532,300
-65,800
| -11% | -$3.68M |
|
897
Marathon Petroleum
MPC
$102B
| $32.2M | 0.01% |
574,829
+415,129
| +260% | +$22.3M |
|
|
CTXS
898
PUT
DELISTED
Citrix Systems Inc
CTXS
| $32.1M | 0.01% |
418,000
-130,100
| -24% | -$10.1M |
|
899
CALL
Plains GP Holdings
PAGP
$5.4B
| $32.1M | 0.01% |
1,468,200
+611,900
| +71% | +$14.5M |
|
|
COL
900
CALL
DELISTED
Rockwell Collins
COL
| $31.9M | 0.01% |
244,300
+30,300
| +14% | +$3.68M |
|
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.