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 | |
|---|---|---|---|---|---|---|
951
CALL
Navient
NAVI
$888M
| $23.7M | 0.01% |
1,608,000
+123,400
| +8% | +$1.89M |
|
|
SAGE
952
CALL
DELISTED
Sage Therapeutics
SAGE
| $23.7M | 0.01% |
333,900
+205,600
| +160% | +$12M |
|
953
CALL
Domino's
DPZ
$11.5B
| $23.7M | 0.01% |
128,600
-50,200
| -28% | -$8.99M |
|
954
CALL
Cirrus Logic
CRUS
$5.6B
| $23.7M | 0.01% |
389,900
+66,700
| +21% | +$3.8M |
|
|
MNK
955
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $23.7M | 0.01% |
530,700
-9,000
| -2% | -$444K |
|
956
PUT
Madison Square Garden
MSGS
$9.69B
| $23.6M | 0.01% |
165,857
+82,017
| +98% | +$10.7M |
|
|
DATA
957
CALL
DELISTED
Tableau Software, Inc.
DATA
| $23.6M | 0.01% |
476,700
+85,500
| +22% | +$4.23M |
|
958
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $23.6M | 0.01% |
2,227,200
+179,200
| +9% | +$1.84M |
|
959
CALL
United States Natural Gas Fund
UNG
$511M
| $23.6M | 0.01% |
194,963
-671,950
| -78% | -$81.4M |
|
960
CALL
Jazz Pharmaceuticals
JAZZ
$16.5B
| $23.6M | 0.01% |
162,600
-25,100
| -13% | -$3.27M |
|
961
CALL
TJX Companies
TJX
$155B
| $23.6M | 0.01% |
596,800
+136,600
| +30% | +$5.26M |
|
962
PUT
Align Technology
ALGN
$11.3B
| $23.6M | 0.01% |
205,500
+125,600
| +157% | +$12.7M |
|
|
DNKN
963
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $23.6M | 0.01% |
430,900
-32,500
| -7% | -$1.74M |
|
|
CIT
964
CALL
DELISTED
CIT Group Inc.
CIT
| $23.6M | 0.01% |
548,800
-916,300
| -63% | -$38.8M |
|
965
CALL
Lincoln National
LNC
$8.11B
| $23.5M | 0.01% |
358,900
-55,200
| -13% | -$3.77M |
|
966
PUT
Lumen
LUMN
$5.85B
| $23.4M | 0.01% |
994,900
+43,800
| +5% | +$1.07M |
|
967
Fortive
FTV
$18.3B
| $23.4M | 0.01% |
616,490
+585,092
| +1,863% | +$21M |
|
|
LSI
968
PUT
DELISTED
Life Storage, Inc.
LSI
| $23.4M | 0.01% |
427,200
+210,300
| +97% | +$11.8M |
|
|
UN
969
CALL
DELISTED
Unilever NV New York Registry Shares
UN
| $23.4M | 0.01% |
470,500
+413,400
| +724% | +$18.5M |
|
970
CALL
Zoetis
ZTS
$31.9B
| $23.4M | 0.01% |
437,700
+2,400
| +0.6% | +$130K |
|
|
AIG.WS
971
DELISTED
American International Group, Inc.
AIG.WS
| $23.3M | 0.01% |
1,092,579
+175,114
| +19% | +$3.94M |
|
972
CALL
BHP
BHP
$247B
| $23.3M | 0.01% |
720,018
-385,176
| -35% | -$13.3M |
|
973
CALL
Ralph Lauren
RL
$22.1B
| $23.2M | 0.01% |
284,600
+84,500
| +42% | +$6.97M |
|
974
PUT
Mercado Libre
MELI
$98.8B
| $23.2M | 0.01% |
109,500
-103,500
| -49% | -$20.3M |
|
975
CALL
Sanofi
SNY
$109B
| $23.1M | 0.01% |
511,200
-17,500
| -3% | -$742K |
|
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.