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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
CALL
Plains All American Pipeline
PAA
$17.6B
| $27.2M | 0.01% |
1,316,400
-696,800
| -35% | -$14.2M |
|
1027
CALL
Analog Devices
ADI
$180B
| $27M | 0.01% |
303,400
-544,200
| -64% | -$48.2M |
|
1028
CALL
Plains GP Holdings
PAGP
$5.4B
| $27M | 0.01% |
1,230,300
-237,900
| -16% | -$5.01M |
|
1029
PUT
F5
FFIV
$21.5B
| $27M | 0.01% |
205,600
-30,900
| -13% | -$3.84M |
|
1030
PUT
Copa Holdings
CPA
$5.95B
| $27M | 0.01% |
201,200
-66,700
| -25% | -$8.68M |
|
1031
PUT
Trade Desk
TTD
$6.24B
| $27M | 0.01% |
5,898,000
+1,866,000
| +46% | +$10.3M |
|
|
CERN
1032
CALL
DELISTED
Cerner Corp
CERN
| $26.8M | 0.01% |
398,400
-92,400
| -19% | -$6.39M |
|
|
WPZ
1033
CALL
DELISTED
Williams Partners L.P.
WPZ
| $26.8M | 0.01% |
691,300
-264,700
| -28% | -$9.94M |
|
1034
iShares MSCI Germany ETF
EWG
$1.72B
| $26.7M | 0.01% |
+809,824
| New | +$26.7M |
|
1035
iShares MSCI Mexico ETF
EWW
$1.79B
| $26.7M | 0.01% |
541,442
-383,494
| -41% | -$19.5M |
|
1036
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.3B
| $26.6M | 0.01% |
413,163
+336,240
| +437% | +$21.2M |
|
|
SKX
1037
PUT
DELISTED
Skechers
SKX
| $26.6M | 0.01% |
703,400
-253,800
| -27% | -$8.22M |
|
1038
GSK
GSK
$104B
| $26.6M | 0.01% |
599,197
+582,327
| +3,452% | +$26.9M |
|
|
UGAZ
1039
DELISTED
VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2
UGAZ
| $26.6M | 0.01% |
+36,496
| New | +$32.2M |
|
1040
CALL
Baxter International
BAX
$13.7B
| $26.5M | 0.01% |
410,700
+71,200
| +21% | +$4.57M |
|
1041
PayPal
PYPL
$52.8B
| $26.5M | 0.01% |
+360,400
| New | +$26.1M |
|
1042
Newmont
NEM
$139B
| $26.5M | 0.01% |
705,364
-940,982
| -57% | -$34.6M |
|
1043
PUT
Royal Bank of Canada
RY
$284B
| $26.4M | 0.01% |
323,400
-13,400
| -4% | -$1.06M |
|
|
TSRO
1044
PUT
DELISTED
TESARO, Inc.
TSRO
| $26.4M | 0.01% |
318,300
+54,200
| +21% | +$5.31M |
|
1045
CALL
Wheaton Precious Metals
WPM
$72.8B
| $26.4M | 0.01% |
1,191,500
-96,100
| -7% | -$2M |
|
1046
IBM
IBM
$218B
| $26.3M | 0.01% |
179,262
-162,531
| -48% | -$23.6M |
|
1047
PUT
Infosys
INFY
$47.9B
| $26.3M | 0.01% |
3,241,400
+959,400
| +42% | +$7.29M |
|
1048
CALL
Travel + Leisure Co
TNL
$4.48B
| $26.2M | 0.01% |
501,476
+42,971
| +9% | +$2.13M |
|
|
ICPT
1049
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $26.2M | 0.01% |
449,000
-321,800
| -42% | -$20.3M |
|
1050
CALL
Edwards Lifesciences
EW
$52.2B
| $26.2M | 0.01% |
696,600
-120,900
| -15% | -$4.44M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.