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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
PUT
Ionis Pharmaceuticals
IONS
$10.6B
| $23.5M | 0.01% |
462,900
-29,400
| -6% | -$1.37M |
|
1027
CALL
Transocean
RIG
$6.42B
| $23.5M | 0.01% |
2,857,000
+308,000
| +12% | +$3.14M |
|
1028
PUT
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $23.5M | 0.01% |
173,300
-19,700
| -10% | -$2.64M |
|
1029
CALL
HSBC
HSBC
$358B
| $23.5M | 0.01% |
553,776
-66,918
| -11% | -$2.6M |
|
|
ETFC
1030
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $23.5M | 0.01% |
617,100
+225,800
| +58% | +$7.98M |
|
|
1031
PUT
Transocean
RIG
$6.42B
| $23.5M | 0.01% |
2,849,900
+212,400
| +8% | +$2.17M |
|
|
DFT
1032
DELISTED
DuPont Fabros Technology Inc.
DFT
| $23.5M | 0.01% |
383,498
+282,313
| +279% | +$15.5M |
|
|
RTN
1033
DELISTED
Raytheon Company
RTN
| $23.4M | 0.01% |
145,134
-38,664
| -21% | -$6.13M |
|
1034
Energy Transfer Partners
ET
$72.4B
| $23.3M | 0.01% |
1,300,007
+1,044,958
| +410% | +$18.6M |
|
1035
iShares MSCI Taiwan ETF
EWT
$11.4B
| $23.3M | 0.01% |
651,731
+610,559
| +1,483% | +$21M |
|
|
SLCA
1036
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $23.3M | 0.01% |
655,712
+634,788
| +3,034% | +$25M |
|
1037
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $23.2M | 0.01% |
331,400
+134,800
| +69% | +$9.33M |
|
1038
CALL
Microchip Technology
MCHP
$39.9B
| $23.2M | 0.01% |
602,400
-94,400
| -14% | -$3.71M |
|
1039
PUT
Deckers Outdoor
DECK
$12.1B
| $23.1M | 0.01% |
2,034,000
+462,000
| +29% | +$4.82M |
|
|
ZAYO
1040
CALL
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $23.1M | 0.01% |
746,900
+368,500
| +97% | +$12.1M |
|
1041
PUT
Travelers Companies
TRV
$77.1B
| $23M | 0.01% |
182,100
-21,200
| -10% | -$2.61M |
|
1042
PUT
Emerson Electric
EMR
$86.4B
| $23M | 0.01% |
385,700
-17,500
| -4% | -$1.04M |
|
1043
CALL
Applied Optoelectronics
AAOI
$9.61B
| $23M | 0.01% |
372,100
+290,700
| +357% | +$17M |
|
|
HCR
1044
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $22.9M | 0.01% |
2,115,159
-981,279
| -32% | -$13.4M |
|
|
PF
1045
DELISTED
Pinnacle Foods, Inc.
PF
| $22.9M | 0.01% |
385,288
+358,517
| +1,339% | +$21.4M |
|
1046
CALL
Exelixis
EXEL
$14.1B
| $22.8M | 0.01% |
927,600
-2,500
| -0.3% | -$52.9K |
|
|
WW
1047
CALL
DELISTED
WW International
WW
| $22.8M | 0.01% |
683,600
-194,200
| -22% | -$4.69M |
|
1048
CALL
Take-Two Interactive
TTWO
$43.6B
| $22.8M | 0.01% |
311,300
+209,800
| +207% | +$14.4M |
|
1049
CALL
Ecolab
ECL
$81.2B
| $22.8M | 0.01% |
171,800
+132,700
| +339% | +$17.1M |
|
|
PPLI
1050
PUT
People Inc
PPLI
$2.94B
| $22.8M | 0.01% |
1,235,466
-154,993
| -11% | -$2.63M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.