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 | |
|---|---|---|---|---|---|---|
926
CALL
Ambarella
AMBA
$3.07B
| $30.4M | 0.01% |
620,500
+118,100
| +24% | +$5.83M |
|
927
CALL
Alaska Air
ALK
$4.64B
| $30.4M | 0.01% |
398,200
+89,200
| +29% | +$7.29M |
|
928
CALL
Intuit
INTU
$101B
| $30.1M | 0.01% |
212,100
+58,300
| +38% | +$8.05M |
|
|
FTR
929
CALL
DELISTED
Frontier Communications Corp.
FTR
| $30.1M | 0.01% |
2,553,800
+2,410,640
| +1,684% | +$33.9M |
|
930
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $29.9M | 0.01% |
1,053,600
-483,600
| -31% | -$13.3M |
|
931
CALL
ASML
ASML
$668B
| $29.9M | 0.01% |
174,700
+145,500
| +498% | +$22.3M |
|
932
PUT
Zimmer Biomet
ZBH
$19.3B
| $29.9M | 0.01% |
263,062
+167,272
| +175% | +$19.3M |
|
933
PUT
NextEra Energy
NEE
$175B
| $29.8M | 0.01% |
814,400
+554,800
| +214% | +$20.3M |
|
934
CALL
Chubb
CB
$133B
| $29.8M | 0.01% |
209,200
+70,700
| +51% | +$10.2M |
|
935
CALL
Edwards Lifesciences
EW
$52.2B
| $29.8M | 0.01% |
817,500
+130,200
| +19% | +$4.97M |
|
936
PUT
Molson Coors Class B
TAP
$8.02B
| $29.8M | 0.01% |
364,700
+101,200
| +38% | +$8.9M |
|
937
PUT
Becton Dickinson
BDX
$52B
| $29.7M | 0.01% |
155,493
+31,570
| +25% | +$6.12M |
|
|
CXO
938
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $29.7M | 0.01% |
225,200
+21,000
| +10% | +$2.53M |
|
939
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $29.6M | 0.01% |
584,600
+121,700
| +26% | +$6.37M |
|
940
PUT
Dillards
DDS
$10B
| $29.6M | 0.01% |
528,000
+436,800
| +479% | +$26.9M |
|
|
ETFC
941
DELISTED
E*Trade Financial Corporation
ETFC
| $29.6M | 0.01% |
678,722
+248,419
| +58% | +$10.1M |
|
942
PUT
Corning
GLW
$125B
| $29.5M | 0.01% |
987,600
+486,200
| +97% | +$14.4M |
|
|
JOYY
943
CALL
JOYY Inc
JOYY
$3.7B
| $29.5M | 0.01% |
340,400
-88,000
| -21% | -$6.39M |
|
|
ETFC
944
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $29.5M | 0.01% |
677,000
+165,300
| +32% | +$6.71M |
|
945
CALL
Lumentum
LITE
$74.5B
| $29.5M | 0.01% |
543,000
-55,600
| -9% | -$3.23M |
|
946
CALL
Microchip Technology
MCHP
$40.3B
| $29.4M | 0.01% |
655,400
+53,000
| +9% | +$2.22M |
|
947
CALL
Ferrari
RACE
$74.6B
| $29.4M | 0.01% |
266,300
+196,900
| +284% | +$21M |
|
948
CALL
Tapestry
TPR
$26.4B
| $29.4M | 0.01% |
729,000
+208,100
| +40% | +$9.17M |
|
|
BZUN
949
PUT
Baozun
BZUN
$164M
| $29.3M | 0.01% |
894,900
+686,500
| +329% | +$21.7M |
|
950
CALL
Hershey
HSY
$38.2B
| $29.3M | 0.01% |
268,000
+24,500
| +10% | +$2.61M |
|
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.