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 | |
|---|---|---|---|---|---|---|
1076
Acadia Pharmaceuticals
ACAD
$5.11B
| $19.5M | 0.01% |
566,425
+195,665
| +53% | +$6.91M |
|
1077
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $19.5M | 0.01% |
438,400
-747,700
| -63% | -$33.4M |
|
|
WLL
1078
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $19.5M | 0.01% |
6,854
-4,072
| -37% | -$13.2M |
|
1079
CALL
Qorvo
QRVO
$8.41B
| $19.4M | 0.01% |
283,500
+43,400
| +18% | +$2.79M |
|
|
SYT
1080
PUT
DELISTED
Syngenta Ag
SYT
| $19.4M | 0.01% |
219,400
+123,600
| +129% | +$10.6M |
|
1081
CALL
Ciena
CIEN
$52.7B
| $19.4M | 0.01% |
821,700
-498,900
| -38% | -$12.2M |
|
1082
CALL
Zillow
Z
$8.33B
| $19.4M | 0.01% |
575,200
-740,000
| -56% | -$26.4M |
|
1083
PUT
Arista Networks
ANET
$237B
| $19.3M | 0.01% |
2,339,200
+1,075,200
| +85% | +$7.42M |
|
1084
CALL
Element Solutions
ESI
$8.52B
| $19.3M | 0.01% |
1,484,300
+1,110,400
| +297% | +$13.7M |
|
1085
PUT
Thermo Fisher Scientific
TMO
$232B
| $19.3M | 0.01% |
125,700
-41,400
| -25% | -$6.33M |
|
|
LVLT
1086
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $19.3M | 0.01% |
337,300
-153,800
| -31% | -$8.88M |
|
1087
CALL
Consolidated Edison
ED
$39.8B
| $19.3M | 0.01% |
248,000
-1,700
| -0.7% | -$128K |
|
|
RAI
1088
PUT
DELISTED
Reynolds American Inc
RAI
| $19.3M | 0.01% |
305,500
-542,600
| -64% | -$32.6M |
|
|
CLVS
1089
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $19.2M | 0.01% |
302,300
-36,000
| -11% | -$2.19M |
|
1090
Banco Santander
SAN
$214B
| $19.2M | 0.01% |
3,307,397
-1,751,145
| -35% | -$9.42M |
|
1091
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$66.9M
| $19.2M | 0.01% |
248
+11
| +5% | +$889K |
|
1092
PUT
Cheniere Energy
LNG
$58B
| $19.2M | 0.01% |
406,600
-1,000,800
| -71% | -$46.2M |
|
1093
CALL
Campbell Soup
CPB
$7.2B
| $19.2M | 0.01% |
335,700
-179,400
| -35% | -$10.9M |
|
1094
PUT
Post Holdings
POST
$3.73B
| $19.2M | 0.01% |
334,785
-30,254
| -8% | -$1.67M |
|
1095
PUT
Coty
COTY
$2.46B
| $19.2M | 0.01% |
1,056,800
+752,600
| +247% | +$14.2M |
|
1096
Cleveland-Cliffs
CLF
$6.45B
| $19.2M | 0.01% |
2,332,628
+526,861
| +29% | +$5.01M |
|
1097
PUT
United States Natural Gas Fund
UNG
$511M
| $19.1M | 0.01% |
158,019
+14,838
| +10% | +$1.8M |
|
|
FIT
1098
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $19.1M | 0.01% |
3,228,000
+344,900
| +12% | +$2.19M |
|
|
BBBY
1099
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $19M | 0.01% |
481,900
-39,800
| -8% | -$1.6M |
|
1100
PUT
Opko Health
OPK
$1.1B
| $19M | 0.01% |
2,374,300
+108,200
| +5% | +$911K |
|
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.