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 | |
|---|---|---|---|---|---|---|
926
CALL
Intuit
INTU
$101B
| $24.7M | 0.01% |
212,600
+94,200
| +80% | +$11.3M |
|
927
CALL
Lear
LEA
$8.18B
| $24.6M | 0.01% |
174,100
+57,900
| +50% | +$8.22M |
|
928
PUT
Helmerich & Payne
HP
$4.25B
| $24.6M | 0.01% |
369,600
+109,300
| +42% | +$7.78M |
|
929
PUT
Weyerhaeuser
WY
$17.6B
| $24.6M | 0.01% |
723,200
+132,800
| +22% | +$4.32M |
|
930
PUT
Duke Energy
DUK
$95.1B
| $24.5M | 0.01% |
299,100
+34,900
| +13% | +$2.77M |
|
931
PUT
Travelers Companies
TRV
$77.3B
| $24.5M | 0.01% |
203,300
-31,100
| -13% | -$3.74M |
|
932
PUT
Crown Castle
CCI
$32.5B
| $24.4M | 0.01% |
258,800
+16,500
| +7% | +$1.48M |
|
|
VMW
933
DELISTED
VMware, Inc
VMW
| $24.4M | 0.01% |
265,299
+98,679
| +59% | +$8.69M |
|
934
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $24.4M | 0.01% |
825,200
-217,800
| -21% | -$6.74M |
|
935
PUT
Estee Lauder
EL
$37.7B
| $24.3M | 0.01% |
286,900
-55,200
| -16% | -$4.56M |
|
936
PUT
Goodyear
GT
$1.73B
| $24.3M | 0.01% |
675,400
-123,800
| -15% | -$4.2M |
|
|
SYT
937
DELISTED
Syngenta Ag
SYT
| $24.3M | 0.01% |
274,615
+125,596
| +84% | +$10.8M |
|
938
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $24.3M | 0.01% |
926,800
+323,800
| +54% | +$8.41M |
|
|
XIV
939
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $24.2M | 0.01% |
331,189
+14,036
| +4% | +$898K |
|
940
PUT
Emerson Electric
EMR
$87.9B
| $24.1M | 0.01% |
403,200
+232,200
| +136% | +$13.9M |
|
941
PUT
Synchrony
SYF
$26B
| $24.1M | 0.01% |
703,500
-216,700
| -24% | -$7.77M |
|
942
PUT
Enterprise Products Partners
EPD
$82.8B
| $24.1M | 0.01% |
873,400
+34,900
| +4% | +$975K |
|
943
PUT
Diamondback Energy
FANG
$57.6B
| $24.1M | 0.01% |
231,900
+62,700
| +37% | +$6.47M |
|
944
PUT
Cigna
CI
$74.1B
| $24M | 0.01% |
164,000
-161,200
| -50% | -$23.8M |
|
945
PUT
O'Reilly Automotive
ORLY
$73.4B
| $24M | 0.01% |
1,335,000
-115,500
| -8% | -$2.09M |
|
946
CALL
Dick's Sporting Goods
DKS
$16.1B
| $24M | 0.01% |
493,500
+47,000
| +11% | +$2.38M |
|
|
ALXN
947
DELISTED
Alexion Pharmaceuticals
ALXN
| $24M | 0.01% |
197,873
-164,675
| -45% | -$21.2M |
|
948
PUT
Copa Holdings
CPA
$5.95B
| $24M | 0.01% |
213,600
+18,300
| +9% | +$1.86M |
|
949
CALL
Unilever
UL
$141B
| $24M | 0.01% |
431,556
+358,134
| +488% | +$18.1M |
|
|
RAD
950
DELISTED
Rite Aid Corporation
RAD
| $23.8M | 0.01% |
280,093
+127,394
| +83% | +$15.3M |
|
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.