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 | |
|---|---|---|---|---|---|---|
1076
Ambarella
AMBA
$3.07B
| $24M | 0.01% |
489,186
+50,489
| +12% | +$2.49M |
|
1077
PUT
Travel + Leisure Co
TNL
$4.49B
| $23.8M | 0.01% |
499,704
-173,435
| -26% | -$7.91M |
|
1078
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $23.8M | 0.01% |
+451,258
| New | +$23.8M |
|
1079
PUT
Fastenal
FAST
$58.1B
| $23.8M | 0.01% |
2,084,800
+441,200
| +27% | +$4.75M |
|
1080
CALL
Public Storage
PSA
$60.1B
| $23.8M | 0.01% |
111,000
+37,600
| +51% | +$7.77M |
|
1081
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $23.7M | 0.01% |
203,700
-1,368,800
| -87% | -$158M |
|
1082
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$757M
| $23.7M | 0.01% |
8,785
+1,099
| +14% | +$3.44M |
|
1083
PUT
iShares Semiconductor ETF
SOXX
$41.9B
| $23.7M | 0.01% |
448,200
-28,500
| -6% | -$1.42M |
|
1084
CALL
Lumen
LUMN
$5.96B
| $23.7M | 0.01% |
1,252,400
-145,800
| -10% | -$3.07M |
|
1085
PUT
Genuine Parts
GPC
$18.9B
| $23.7M | 0.01% |
247,300
+190,800
| +338% | +$16.2M |
|
1086
PUT
Criteo S.A.
CRTO
$845M
| $23.6M | 0.01% |
568,900
+371,300
| +188% | +$17.7M |
|
1087
PUT
Intuit
INTU
$98.4B
| $23.6M | 0.01% |
166,100
+54,000
| +48% | +$7.45M |
|
|
1088
CALL
iShares Semiconductor ETF
SOXX
$41.9B
| $23.6M | 0.01% |
446,400
+9,300
| +2% | +$463K |
|
1089
PUT
Henry Schein
HSIC
$9.98B
| $23.6M | 0.01% |
366,818
+216,623
| +144% | +$14.8M |
|
|
MNDT
1090
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $23.6M | 0.01% |
1,405,873
-272,540
| -16% | -$4.19M |
|
1091
PUT
Eaton
ETN
$160B
| $23.5M | 0.01% |
306,600
+146,600
| +92% | +$11.1M |
|
|
XYZ
1092
Block Inc
XYZ
$49.4B
| $23.5M | 0.01% |
816,639
+239,658
| +42% | +$6.27M |
|
1093
Albemarle
ALB
$15.8B
| $23.5M | 0.01% |
172,364
+156,288
| +972% | +$18.6M |
|
1094
PUT
ASML
ASML
$672B
| $23.5M | 0.01% |
137,000
+29,300
| +27% | +$4.49M |
|
1095
CALL
Corning
GLW
$127B
| $23.4M | 0.01% |
783,500
-94,300
| -11% | -$2.79M |
|
1096
CALL
Textron
TXT
$14.2B
| $23.4M | 0.01% |
434,700
+268,700
| +162% | +$13.3M |
|
1097
PUT
Assured Guaranty
AGO
$3.28B
| $23.4M | 0.01% |
620,100
+191,200
| +45% | +$8.19M |
|
1098
CALL
Twilio
TWLO
$34.4B
| $23.4M | 0.01% |
782,600
-177,100
| -18% | -$5.31M |
|
|
JUNO
1099
PUT
DELISTED
Juno Therapeutics, Inc.
JUNO
| $23.3M | 0.01% |
520,100
+103,200
| +25% | +$3.52M |
|
1100
PUT
Cardinal Health
CAH
$54.6B
| $23.3M | 0.01% |
348,200
+146,200
| +72% | +$10.3M |
|
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.