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 | |
|---|---|---|---|---|---|---|
|
TIF
976
CALL
DELISTED
Tiffany & Co.
TIF
| $28.1M | 0.01% |
306,200
+53,300
| +21% | +$4.88M |
|
977
CALL
Tyson Foods
TSN
$20.4B
| $28.1M | 0.01% |
398,500
+132,700
| +50% | +$8.48M |
|
978
PUT
Toyota
TM
$229B
| $28M | 0.01% |
235,200
-14,800
| -6% | -$1.68M |
|
979
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $28M | 0.01% |
327,900
+93,000
| +40% | +$8.06M |
|
|
KYNB
980
PUT
Kyntra Bio
KYNB
$32.3M
| $28M | 0.01% |
20,812
+10,756
| +107% | +$11.3M |
|
981
BP
BP
$113B
| $28M | 0.01% |
806,845
-213,789
| -21% | -$6.79M |
|
982
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $27.9M | 0.01% |
862,400
+531,000
| +160% | +$16.6M |
|
983
PUT
Madison Square Garden
MSGS
$9.69B
| $27.8M | 0.01% |
181,980
-5,047
| -3% | -$763K |
|
984
PUT
Snap-on
SNA
$20.4B
| $27.8M | 0.01% |
186,500
+32,800
| +21% | +$4.93M |
|
985
PUT
KraneShares CSI China Internet ETF
KWEB
$5.18B
| $27.8M | 0.01% |
488,200
+391,700
| +406% | +$21.4M |
|
986
PUT
PTC Therapeutics
PTCT
$5.93B
| $27.8M | 0.01% |
1,387,100
+1,170,600
| +541% | +$22.9M |
|
987
PUT
Corpay
CPAY
$27.2B
| $27.7M | 0.01% |
179,200
+66,900
| +60% | +$9.82M |
|
988
PUT
Zillow
Z
$8.33B
| $27.6M | 0.01% |
687,400
-110,500
| -14% | -$4.67M |
|
|
ACIA
989
PUT
DELISTED
Acacia Communications Inc
ACIA
| $27.6M | 0.01% |
586,800
+90,500
| +18% | +$4.04M |
|
990
PUT
Howmet Aerospace
HWM
$105B
| $27.6M | 0.01% |
1,447,831
-1,127,699
| -44% | -$21.6M |
|
|
X
991
DELISTED
US Steel
X
| $27.6M | 0.01% |
1,075,586
-280,029
| -21% | -$6.85M |
|
992
CALL
HP
HPQ
$26.1B
| $27.6M | 0.01% |
1,380,700
+546,500
| +66% | +$10.4M |
|
|
GWPH
993
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $27.5M | 0.01% |
271,400
+4,100
| +2% | +$439K |
|
994
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $27.4M | 0.01% |
369,500
+38,100
| +11% | +$2.67M |
|
995
PUT
Royal Gold
RGLD
$22.3B
| $27.4M | 0.01% |
317,900
-30,500
| -9% | -$2.64M |
|
996
PUT
Hershey
HSY
$38.2B
| $27.3M | 0.01% |
249,800
-33,900
| -12% | -$3.61M |
|
997
CALL
Polaris
PII
$3.66B
| $27.3M | 0.01% |
260,600
+127,200
| +95% | +$12.1M |
|
|
LNW
998
CALL
DELISTED
Light & Wonder
LNW
| $27.2M | 0.01% |
593,700
+225,800
| +61% | +$7.87M |
|
999
CALL
Motorola Solutions
MSI
$79.7B
| $27.1M | 0.01% |
319,500
+100,000
| +46% | +$8.76M |
|
1000
Humana
HUM
$46.4B
| $27.1M | 0.01% |
111,279
+102,530
| +1,172% | +$25.1M |
|
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.