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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
SandRidge Energy
SD
$515M
| $27M | 0.01% |
1,566,813
| – | – |
|
927
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12.1B
| $26.9M | 0.01% |
+249,183
| New | +$26.5M |
|
928
PUT
Ally Financial
ALLY
$13B
| $26.9M | 0.01% |
1,286,500
+368,900
| +40% | +$7.24M |
|
|
POT
929
DELISTED
Potash Corp Of Saskatchewan
POT
| $26.9M | 0.01% |
1,649,336
-710,283
| -30% | -$11.8M |
|
|
TSRO
930
DELISTED
TESARO, Inc.
TSRO
| $26.9M | 0.01% |
192,025
-43,222
| -18% | -$6.26M |
|
|
GWPH
931
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $26.8M | 0.01% |
267,300
-142,100
| -35% | -$15.3M |
|
932
United Airlines
UAL
$38.1B
| $26.8M | 0.01% |
355,600
+273,636
| +334% | +$20.7M |
|
|
933
CALL
Ally Financial
ALLY
$13B
| $26.7M | 0.01% |
1,277,600
+454,900
| +55% | +$8.93M |
|
934
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $26.7M | 0.01% |
106,420
+8,560
| +9% | +$2.39M |
|
935
PUT
Cheniere Energy
LNG
$57.6B
| $26.6M | 0.01% |
547,100
+140,500
| +35% | +$6.7M |
|
936
CALL
Stryker
SYK
$127B
| $26.6M | 0.01% |
191,600
-5,500
| -3% | -$755K |
|
937
CALL
Yelp
YELP
$1.29B
| $26.6M | 0.01% |
885,500
-63,000
| -7% | -$1.97M |
|
938
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$770M
| $26.6M | 0.01% |
7,686
-2,053
| -21% | -$6.67M |
|
939
CALL
Check Point Software Technologies
CHKP
$13.2B
| $26.6M | 0.01% |
243,400
+40,500
| +20% | +$4.38M |
|
940
CALL
C.H. Robinson
CHRW
$16.8B
| $26.5M | 0.01% |
386,500
-122,700
| -24% | -$8.69M |
|
|
AVB
941
CALL
DELISTED
AvalonBay Communities
AVB
| $26.5M | 0.01% |
138,000
+90,900
| +193% | +$17.4M |
|
|
AKS
942
CALL
DELISTED
AK Steel Holding Corp
AKS
| $26.5M | 0.01% |
4,034,300
+1,090,400
| +37% | +$6.84M |
|
943
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $26.5M | 0.01% |
687,300
-35,700
| -5% | -$1.35M |
|
944
PUT
iShares MSCI Mexico ETF
EWW
$1.81B
| $26.5M | 0.01% |
490,700
-278,600
| -36% | -$14.6M |
|
945
CALL
Ciena
CIEN
$54.9B
| $26.4M | 0.01% |
1,056,600
+234,900
| +29% | +$5.63M |
|
946
CALL
Corning
GLW
$127B
| $26.4M | 0.01% |
877,800
-187,400
| -18% | -$5.38M |
|
|
FL
947
CALL
DELISTED
Foot Locker
FL
| $26.4M | 0.01% |
535,200
+10,800
| +2% | +$700K |
|
948
PUT
HCA Healthcare
HCA
$92.8B
| $26.3M | 0.01% |
301,900
-98,400
| -25% | -$8.32M |
|
949
APA Corp
APA
$14.5B
| $26.3M | 0.01% |
548,876
-296,473
| -35% | -$14.6M |
|
950
CALL
Hain Celestial
HAIN
$78.9M
| $26.3M | 0.01% |
677,000
+501,900
| +287% | +$18.1M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.