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 | |
|---|---|---|---|---|---|---|
901
CALL
Microchip Technology
MCHP
$40.1B
| $25.7M | 0.01% |
696,800
+317,400
| +84% | +$11.2M |
|
902
Las Vegas Sands
LVS
$30.5B
| $25.7M | 0.01% |
450,275
+321,572
| +250% | +$17.5M |
|
903
CALL
F5
FFIV
$21.6B
| $25.6M | 0.01% |
179,900
-30,900
| -15% | -$4.41M |
|
904
Chevron
CVX
$395B
| $25.6M | 0.01% |
238,524
+186,957
| +363% | +$21M |
|
905
CALL
Capri Holdings
CPRI
$1.53B
| $25.6M | 0.01% |
671,600
-219,400
| -25% | -$8.63M |
|
906
CALL
Five Below
FIVE
$14.3B
| $25.6M | 0.01% |
590,400
-42,900
| -7% | -$1.7M |
|
|
ICPT
907
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $25.5M | 0.01% |
225,600
-159,500
| -41% | -$18.6M |
|
|
GOLD
908
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $25.5M | 0.01% |
292,300
+54,000
| +23% | +$4.71M |
|
|
DATA
909
PUT
DELISTED
Tableau Software, Inc.
DATA
| $25.4M | 0.01% |
512,600
+9,000
| +2% | +$445K |
|
|
COHR
910
PUT
DELISTED
Coherent Inc
COHR
| $25.4M | 0.01% |
123,500
-34,700
| -22% | -$6.07M |
|
|
YHOO
911
DELISTED
Yahoo Inc
YHOO
| $25.4M | 0.01% |
546,990
+500,274
| +1,071% | +$22.3M |
|
912
CALL
State Street Technology Select Sector SPDR ETF
XLK
$118B
| $25.4M | 0.01% |
951,800
+603,400
| +173% | +$15.6M |
|
913
PUT
Ovintiv
OVV
$17.9B
| $25.3M | 0.01% |
432,380
+153,780
| +55% | +$9.22M |
|
914
PUT
Franco-Nevada
FNV
$52.5B
| $25.3M | 0.01% |
386,300
+140,600
| +57% | +$9.06M |
|
915
CALL
Huntington Ingalls Industries
HII
$11.4B
| $25.2M | 0.01% |
126,000
+71,200
| +130% | +$14.5M |
|
916
PUT
Kroger
KR
$35.7B
| $25.1M | 0.01% |
850,500
+228,100
| +37% | +$7.29M |
|
|
ALR
917
PUT
DELISTED
Alere Inc
ALR
| $25.1M | 0.01% |
630,900
-426,700
| -40% | -$16.6M |
|
918
PUT
Oceaneering
OII
$5.11B
| $25M | 0.01% |
923,700
-52,100
| -5% | -$1.42M |
|
919
Walmart Inc
WMT
$836B
| $25M | 0.01% |
1,040,508
-388,476
| -27% | -$8.94M |
|
920
CALL
Thermo Fisher Scientific
TMO
$232B
| $25M | 0.01% |
162,500
+42,200
| +35% | +$6.45M |
|
|
MNDT
921
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $24.9M | 0.01% |
1,970,743
-16,708
| -0.8% | -$199K |
|
922
PUT
W.W. Grainger
GWW
$61.5B
| $24.8M | 0.01% |
106,600
-9,700
| -8% | -$2.39M |
|
923
PUT
Tapestry
TPR
$25.9B
| $24.8M | 0.01% |
600,000
+14,300
| +2% | +$539K |
|
|
MRO
924
PUT
DELISTED
Marathon Oil Corporation
MRO
| $24.8M | 0.01% |
1,568,000
+148,600
| +10% | +$2.44M |
|
925
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $24.7M | 0.01% |
208,900
+177,400
| +563% | +$21M |
|
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 $13.1B in Q1 2017, closing 2,170 positions and reducing 3,725 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.