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 | |
|---|---|---|---|---|---|---|
1051
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $25M | 0.01% |
293,300
+131,500
| +81% | +$11.4M |
|
1052
Home Depot
HD
$337B
| $25M | 0.01% |
152,878
-400,865
| -72% | -$61.5M |
|
1053
PUT
Darden Restaurants
DRI
$25B
| $24.9M | 0.01% |
316,300
+83,100
| +36% | +$7M |
|
|
VMW
1054
DELISTED
VMware, Inc
VMW
| $24.8M | 0.01% |
227,153
+181,643
| +399% | +$17.9M |
|
1055
PUT
Trade Desk
TTD
$6.23B
| $24.8M | 0.01% |
4,032,000
+3,252,000
| +417% | +$17.6M |
|
1056
PUT
Take-Two Interactive
TTWO
$43.6B
| $24.8M | 0.01% |
242,400
-240,900
| -50% | -$21.6M |
|
1057
CALL
Teck Resources
TECK
$35.1B
| $24.7M | 0.01% |
1,172,600
+30,500
| +3% | +$664K |
|
1058
CALL
Martin Marietta Materials
MLM
$37.8B
| $24.7M | 0.01% |
119,900
-44,700
| -27% | -$9.45M |
|
1059
General Mills
GIS
$21.3B
| $24.7M | 0.01% |
476,561
+239,836
| +101% | +$13.1M |
|
1060
PUT
Ally Financial
ALLY
$13B
| $24.7M | 0.01% |
1,016,400
-270,100
| -21% | -$6.03M |
|
1061
CALL
Wheaton Precious Metals
WPM
$74.4B
| $24.6M | 0.01% |
1,287,600
-103,700
| -7% | -$2.04M |
|
1062
PUT
Textron
TXT
$14.1B
| $24.5M | 0.01% |
454,800
+333,500
| +275% | +$16.6M |
|
1063
CALL
Archer Daniels Midland
ADM
$38.2B
| $24.5M | 0.01% |
576,400
+2,200
| +0.4% | +$92.7K |
|
1064
CALL
Deckers Outdoor
DECK
$12.1B
| $24.5M | 0.01% |
2,146,200
+172,800
| +9% | +$1.86M |
|
1065
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $24.5M | 0.01% |
81,540
-24,880
| -23% | -$6.27M |
|
1066
Travel + Leisure Co
TNL
$4.51B
| $24.4M | 0.01% |
513,317
+441,396
| +614% | +$20.1M |
|
|
DATA
1067
CALL
DELISTED
Tableau Software, Inc.
DATA
| $24.4M | 0.01% |
325,300
-28,700
| -8% | -$1.99M |
|
|
SAGE
1068
PUT
DELISTED
Sage Therapeutics
SAGE
| $24.3M | 0.01% |
390,100
+138,200
| +55% | +$10.9M |
|
|
CBI
1069
DELISTED
Chicago Bridge & Iron Nv
CBI
| $24.2M | 0.01% |
1,443,335
+1,236,305
| +597% | +$18.9M |
|
1070
PUT
Dell
DELL
$292B
| $24.2M | 0.01% |
1,117,788
+129,702
| +13% | +$2.5M |
|
1071
CALL
Diageo
DEO
$52.7B
| $24.1M | 0.01% |
182,400
-117,200
| -39% | -$15.1M |
|
1072
CALL
Molson Coors Class B
TAP
$7.83B
| $24.1M | 0.01% |
294,700
+135,900
| +86% | +$12M |
|
|
SKX
1073
PUT
DELISTED
Skechers
SKX
| $24M | 0.01% |
957,200
+201,600
| +27% | +$5.51M |
|
|
RAD
1074
PUT
DELISTED
Rite Aid Corporation
RAD
| $24M | 0.01% |
612,590
-154,185
| -20% | -$7.31M |
|
|
GGP
1075
CALL
DELISTED
GGP Inc.
GGP
| $24M | 0.01% |
1,154,500
-223,500
| -16% | -$4.89M |
|
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.