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 | |
|---|---|---|---|---|---|---|
951
CALL
Vodafone
VOD
$36.9B
| $29.2M | 0.01% |
1,026,600
-17,200
| -2% | -$498K |
|
952
CALL
Adient
ADNT
$1.46B
| $29.2M | 0.01% |
347,700
+285,600
| +460% | +$20.3M |
|
953
PUT
Newell Brands
NWL
$2.59B
| $29.2M | 0.01% |
683,600
+397,000
| +139% | +$19.4M |
|
954
Zimmer Biomet
ZBH
$19.3B
| $29.2M | 0.01% |
+256,481
| New | +$29.6M |
|
955
CALL
Enbridge
ENB
$109B
| $29.1M | 0.01% |
694,600
+474,400
| +215% | +$19.3M |
|
956
CALL
Eastman Chemical
EMN
$8.31B
| $29.1M | 0.01% |
321,100
-25,500
| -7% | -$2.17M |
|
|
MNDT
957
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $29M | 0.01% |
1,731,200
+130,700
| +8% | +$2.01M |
|
958
PUT
Melco Resorts & Entertainment
MLCO
$2.08B
| $29M | 0.01% |
1,203,200
+222,200
| +23% | +$4.83M |
|
959
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $28.9M | 0.01% |
807,500
+328,000
| +68% | +$11.4M |
|
960
PUT
D.R. Horton
DHI
$41.7B
| $28.9M | 0.01% |
723,000
+358,900
| +99% | +$13.1M |
|
961
PUT
Sinclair Inc
SBGI
$1.05B
| $28.7M | 0.01% |
895,600
+731,000
| +444% | +$22.9M |
|
962
CALL
Royal Gold
RGLD
$22.3B
| $28.6M | 0.01% |
332,200
-137,000
| -29% | -$11.9M |
|
|
CHK
963
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $28.6M | 0.01% |
33,234
-5,540
| -14% | -$4.76M |
|
964
PUT
F5
FFIV
$21.5B
| $28.5M | 0.01% |
236,500
-57,500
| -20% | -$6.94M |
|
965
PUT
Tractor Supply
TSCO
$18.7B
| $28.5M | 0.01% |
2,251,500
+199,500
| +10% | +$2.26M |
|
966
FedEx
FDX
$79.1B
| $28.5M | 0.01% |
126,257
-76,873
| -38% | -$16.4M |
|
|
KITE
967
DELISTED
Kite Pharma, Inc.
KITE
| $28.4M | 0.01% |
158,135
-129,041
| -45% | -$18M |
|
|
LJPC
968
PUT
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $28.4M | 0.01% |
815,200
+764,700
| +1,514% | +$24.6M |
|
969
PUT
Qorvo
QRVO
$8.41B
| $28.3M | 0.01% |
400,800
+135,000
| +51% | +$9.42M |
|
|
ETP
970
DELISTED
Energy Transfer Partners, L.P.
ETP
| $28.3M | 0.01% |
1,548,210
+524,847
| +51% | +$10.2M |
|
|
SHPG
971
CALL
DELISTED
Shire pic
SHPG
| $28.3M | 0.01% |
184,500
+7,400
| +4% | +$1.16M |
|
|
TTM
972
PUT
DELISTED
Tata Motors Limited
TTM
| $28.2M | 0.01% |
902,600
+215,900
| +31% | +$6.94M |
|
973
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $28.2M | 0.01% |
303,100
-77,300
| -20% | -$6.83M |
|
974
PUT
BHP
BHP
$247B
| $28.2M | 0.01% |
779,768
-116,359
| -13% | -$4.25M |
|
975
iShares China Large-Cap ETF
FXI
$4.24B
| $28.1M | 0.01% |
638,154
+332,140
| +109% | +$14.2M |
|
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.