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 | |
|---|---|---|---|---|---|---|
1051
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $20.2M | 0.01% |
+838,140
| New | +$18.7M |
|
|
SKX
1052
PUT
DELISTED
Skechers
SKX
| $20.2M | 0.01% |
735,700
+76,400
| +12% | +$1.98M |
|
1053
PUT
Clorox
CLX
$13B
| $20.2M | 0.01% |
149,700
-99,800
| -40% | -$12.9M |
|
1054
CALL
Exelixis
EXEL
$13.5B
| $20.2M | 0.01% |
930,100
-402,700
| -30% | -$8.19M |
|
1055
PUT
Public Storage
PSA
$60.7B
| $20.1M | 0.01% |
91,900
+12,700
| +16% | +$2.81M |
|
1056
iShares China Large-Cap ETF
FXI
$4.24B
| $20.1M | 0.01% |
521,535
+296,287
| +132% | +$11.2M |
|
|
WPZ
1057
CALL
DELISTED
Williams Partners L.P.
WPZ
| $20.1M | 0.01% |
491,300
-114,200
| -19% | -$4.59M |
|
|
XLNX
1058
CALL
DELISTED
Xilinx Inc
XLNX
| $20M | 0.01% |
346,100
-754,200
| -69% | -$44.3M |
|
|
1059
Mondelez International
MDLZ
$82.6B
| $20M | 0.01% |
463,833
-4,464,753
| -91% | -$198M |
|
1060
CALL
Pultegroup
PHM
$24.7B
| $20M | 0.01% |
848,500
+262,100
| +45% | +$5.65M |
|
1061
CALL
Signet Jewelers
SIG
$3.24B
| $19.9M | 0.01% |
287,600
+45,600
| +19% | +$3.41M |
|
1062
CALL
Acuity Brands
AYI
$10.1B
| $19.8M | 0.01% |
97,200
+14,100
| +17% | +$2.98M |
|
1063
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $19.8M | 0.01% |
492,300
-172,300
| -26% | -$7.74M |
|
1064
CALL
Waters Corp
WAT
$40.4B
| $19.7M | 0.01% |
126,200
+113,100
| +863% | +$16.9M |
|
1065
PUT
Eaton
ETN
$159B
| $19.7M | 0.01% |
265,800
-42,400
| -14% | -$3.01M |
|
1066
PUT
Hormel Foods
HRL
$13.3B
| $19.7M | 0.01% |
569,100
+222,300
| +64% | +$7.93M |
|
1067
PUT
McCormick & Company Non-Voting
MKC
$15.1B
| $19.6M | 0.01% |
402,200
+282,200
| +235% | +$13.7M |
|
|
AGU
1068
CALL
DELISTED
Agrium
AGU
| $19.6M | 0.01% |
205,300
-46,600
| -18% | -$4.69M |
|
|
BID
1069
CALL
DELISTED
Sotheby's
BID
| $19.6M | 0.01% |
430,300
+5,500
| +1% | +$235K |
|
1070
AT&T
T
$176B
| $19.6M | 0.01% |
623,416
-3,545,235
| -85% | -$112M |
|
1071
CALL
Genuine Parts
GPC
$18.7B
| $19.6M | 0.01% |
211,600
-10,700
| -5% | -$1.03M |
|
|
OKS
1072
CALL
DELISTED
Oneok Partners LP
OKS
| $19.5M | 0.01% |
361,800
-12,500
| -3% | -$624K |
|
1073
CALL
Estee Lauder
EL
$37.7B
| $19.5M | 0.01% |
230,100
+70,000
| +44% | +$5.78M |
|
|
CVGW
1074
PUT
DELISTED
Calavo Growers
CVGW
| $19.5M | 0.01% |
321,500
-72,200
| -18% | -$4.16M |
|
1075
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $19.5M | 0.01% |
94,395
+39,591
| +72% | +$8.07M |
|
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.