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 | |
|---|---|---|---|---|---|---|
1001
CALL
Murphy Oil
MUR
$5.16B
| $22.1M | 0.01% |
774,600
+126,700
| +20% | +$3.65M |
|
|
CS
1002
DELISTED
Credit Suisse Group
CS
| $22.1M | 0.01% |
1,490,587
-87,157
| -6% | -$1.33M |
|
1003
Halliburton
HAL
$28.9B
| $22.1M | 0.01% |
+449,184
| New | +$24.2M |
|
1004
iShares Core US Aggregate Bond ETF
AGG
$138B
| $22M | 0.01% |
+203,187
| New | +$22M |
|
1005
CALL
NetApp
NTAP
$36.7B
| $22M | 0.01% |
525,400
+169,300
| +48% | +$6.67M |
|
1006
CALL
Automatic Data Processing
ADP
$112B
| $21.9M | 0.01% |
214,200
-81,300
| -28% | -$8.29M |
|
1007
CALL
Synchrony
SYF
$26B
| $21.9M | 0.01% |
637,200
-1,600,900
| -72% | -$57.4M |
|
|
BNY
1008
CALL
Bank of New York Mellon
BNY
$110B
| $21.8M | 0.01% |
462,100
-137,100
| -23% | -$6.41M |
|
1009
PUT
GoPro
GPRO
$111M
| $21.8M | 0.01% |
2,507,400
-1,155,000
| -32% | -$10.5M |
|
1010
Dell
DELL
$280B
| $21.8M | 0.01% |
1,211,768
-4,677,965
| -79% | -$81.6M |
|
1011
CALL
Lennar Class A
LEN
$21.2B
| $21.7M | 0.01% |
445,438
-117,137
| -21% | -$5.31M |
|
|
SEE
1012
PUT
DELISTED
Sealed Air
SEE
| $21.7M | 0.01% |
497,900
+434,500
| +685% | +$20.4M |
|
1013
PUT
Yelp
YELP
$1.29B
| $21.7M | 0.01% |
661,700
-287,100
| -30% | -$10.6M |
|
1014
PUT
JB Hunt Transport Services
JBHT
$24.4B
| $21.6M | 0.01% |
235,700
+196,700
| +504% | +$19.1M |
|
|
CTXS
1015
CALL
DELISTED
Citrix Systems Inc
CTXS
| $21.5M | 0.01% |
258,200
-23,476
| -8% | -$1.83M |
|
1016
CALL
Targa Resources
TRGP
$63.1B
| $21.5M | 0.01% |
358,300
-174,000
| -33% | -$10.1M |
|
1017
CALL
D.R. Horton
DHI
$41.7B
| $21.4M | 0.01% |
642,500
-1,067,500
| -62% | -$33.1M |
|
|
ACIA
1018
CALL
DELISTED
Acacia Communications Inc
ACIA
| $21.4M | 0.01% |
364,700
+282,600
| +344% | +$16.4M |
|
|
SCHW
1019
PUT
Charles Schwab
SCHW
$197B
| $21.4M | 0.01% |
523,500
+51,600
| +11% | +$2.13M |
|
1020
CALL
Welltower
WELL
$173B
| $21.4M | 0.01% |
301,500
+47,300
| +19% | +$3.19M |
|
1021
CALL
CarMax
KMX
$8.91B
| $21.3M | 0.01% |
360,000
-142,600
| -28% | -$9.26M |
|
1022
CALL
Helmerich & Payne
HP
$4.25B
| $21.3M | 0.01% |
320,200
-85,200
| -21% | -$6.07M |
|
1023
CALL
Ionis Pharmaceuticals
IONS
$10.3B
| $21.3M | 0.01% |
530,200
+80,200
| +18% | +$3.6M |
|
1024
PUT
Agnico Eagle Mines
AEM
$110B
| $21.3M | 0.01% |
500,900
-2,300
| -0.5% | -$103K |
|
|
NSR
1025
PUT
DELISTED
Neustar Inc
NSR
| $21.2M | 0.01% |
640,900
+224,800
| +54% | +$7.47M |
|
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.