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 | |
|---|---|---|---|---|---|---|
976
PUT
Assured Guaranty
AGO
$3.26B
| $23M | 0.01% |
620,800
+150,800
| +32% | +$5.98M |
|
977
CALL
HP
HPQ
$26.1B
| $22.9M | 0.01% |
1,283,000
+498,400
| +64% | +$8.06M |
|
|
JWN
978
DELISTED
Nordstrom
JWN
| $22.9M | 0.01% |
492,373
+206,298
| +72% | +$9.21M |
|
979
CALL
HSBC
HSBC
$357B
| $22.9M | 0.01% |
620,694
+106,936
| +21% | +$4.02M |
|
980
PUT
Automatic Data Processing
ADP
$112B
| $22.8M | 0.01% |
222,900
+70,700
| +46% | +$7.21M |
|
981
CALL
ProShares Ultra S&P500
SSO
$8.36B
| $22.8M | 0.01% |
2,145,600
-1,866,400
| -47% | -$19.2M |
|
982
CALL
SM Energy
SM
$8.67B
| $22.7M | 0.01% |
946,100
+717,500
| +314% | +$19.9M |
|
983
CALL
American Electric Power
AEP
$66.4B
| $22.7M | 0.01% |
338,500
+58,900
| +21% | +$3.81M |
|
984
CALL
FirstEnergy
FE
$26.9B
| $22.7M | 0.01% |
712,000
+35,900
| +5% | +$1.11M |
|
985
Lockheed Martin
LMT
$130B
| $22.6M | 0.01% |
84,505
+226
| +0.3% | +$59.2K |
|
|
HTZ
986
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $22.6M | 0.01% |
1,483,409
+1,013,686
| +216% | +$18.4M |
|
987
CALL
HF Sinclair
DINO
$16.9B
| $22.6M | 0.01% |
796,400
+161,600
| +25% | +$4.72M |
|
988
PUT
Shopify
SHOP
$193B
| $22.5M | 0.01% |
3,307,000
+1,474,000
| +80% | +$8.49M |
|
|
JOYY
989
PUT
JOYY Inc
JOYY
$3.7B
| $22.5M | 0.01% |
488,000
-433,500
| -47% | -$19.2M |
|
990
PUT
TotalEnergies
TTE
$198B
| $22.5M | 0.01% |
445,800
+111,600
| +33% | +$5.64M |
|
991
PUT
Waste Management
WM
$90.5B
| $22.5M | 0.01% |
308,000
-79,700
| -21% | -$5.69M |
|
992
CALL
Cleveland-Cliffs
CLF
$6.45B
| $22.4M | 0.01% |
2,731,200
+234,800
| +9% | +$2.23M |
|
993
Ovintiv
OVV
$18.2B
| $22.4M | 0.01% |
382,787
+23,055
| +6% | +$1.38M |
|
|
WNR
994
PUT
DELISTED
Western Refining Inc
WNR
| $22.3M | 0.01% |
636,700
-332,600
| -34% | -$12M |
|
995
PUT
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$12B
| $22.3M | 0.01% |
794,000
+301,800
| +61% | +$8.36M |
|
|
NFX
996
PUT
DELISTED
Newfield Exploration
NFX
| $22.3M | 0.01% |
603,900
-151,000
| -20% | -$5.87M |
|
997
CALL
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $22.2M | 0.01% |
516,600
-397,800
| -44% | -$17.5M |
|
998
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $22.2M | 0.01% |
647,000
+254,000
| +65% | +$8.64M |
|
999
CALL
Packaging Corp of America
PKG
$22.2B
| $22.2M | 0.01% |
241,800
+94,200
| +64% | +$8.64M |
|
1000
CALL
Trane Technologies
TT
$99.7B
| $22.2M | 0.01% |
272,400
+82,100
| +43% | +$6.52M |
|
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.