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 | |
|---|---|---|---|---|---|---|
1101
CALL
Chemours
CC
$2.32B
| $19M | 0.01% |
493,000
-167,600
| -25% | -$5.04M |
|
1102
CALL
KLA
KLAC
$237B
| $19M | 0.01% |
1,996,000
+313,000
| +19% | +$2.76M |
|
1103
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $19M | 0.01% |
156,000
+63,600
| +69% | +$7.62M |
|
1104
PUT
Banco Santander
SAN
$214B
| $18.9M | 0.01% |
3,255,235
+47,374
| +1% | +$255K |
|
1105
CALL
Becton Dickinson
BDX
$52B
| $18.9M | 0.01% |
105,780
+24,600
| +30% | +$4.29M |
|
1106
PUT
Moody's
MCO
$88.6B
| $18.9M | 0.01% |
168,900
+60,400
| +56% | +$6.48M |
|
1107
CALL
Newell Brands
NWL
$2.59B
| $18.9M | 0.01% |
400,600
+245,100
| +158% | +$11.6M |
|
1108
CALL
FMC
FMC
$1.41B
| $18.9M | 0.01% |
312,578
+254,697
| +440% | +$13.2M |
|
1109
CALL
Hilton Worldwide
HLT
$74.3B
| $18.9M | 0.01% |
322,600
-642,200
| -67% | -$37.3M |
|
1110
Perrigo
PRGO
$1.98B
| $18.8M | 0.01% |
283,858
+154,785
| +120% | +$11.8M |
|
1111
CALL
Motorola Solutions
MSI
$79.7B
| $18.8M | 0.01% |
217,700
+124,300
| +133% | +$10.2M |
|
|
TTM
1112
PUT
DELISTED
Tata Motors Limited
TTM
| $18.8M | 0.01% |
526,100
-34,400
| -6% | -$1.26M |
|
1113
PUT
State Street
STT
$52.4B
| $18.7M | 0.01% |
235,500
+85,500
| +57% | +$6.78M |
|
1114
PUT
InterDigital
IDCC
$8.8B
| $18.7M | 0.01% |
216,700
+112,900
| +109% | +$10.1M |
|
1115
CALL
Wheaton Precious Metals
WPM
$72.8B
| $18.7M | 0.01% |
896,100
-841,600
| -48% | -$17.5M |
|
1116
PUT
Ally Financial
ALLY
$12.9B
| $18.7M | 0.01% |
917,600
+279,600
| +44% | +$5.94M |
|
1117
CALL
EQT Corp
EQT
$33.6B
| $18.6M | 0.01% |
559,550
+445,105
| +389% | +$14.9M |
|
|
CIT
1118
PUT
DELISTED
CIT Group Inc.
CIT
| $18.6M | 0.01% |
432,800
-106,900
| -20% | -$4.53M |
|
1119
CALL
GameStop
GME
$8.09B
| $18.6M | 0.01% |
3,295,200
-1,515,600
| -32% | -$9.26M |
|
|
CLVS
1120
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $18.6M | 0.01% |
291,700
-183,600
| -39% | -$11.2M |
|
|
GWPH
1121
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $18.6M | 0.01% |
153,500
-485,100
| -76% | -$59.5M |
|
|
RAI
1122
DELISTED
Reynolds American Inc
RAI
| $18.5M | 0.01% |
293,959
+170,642
| +138% | +$10.3M |
|
|
MDCO
1123
CALL
DELISTED
Medicines Co
MDCO
| $18.5M | 0.01% |
378,600
+73,400
| +24% | +$3.35M |
|
|
EA
1124
DELISTED
Electronic Arts
EA
| $18.5M | 0.01% |
+206,740
| New | +$17.6M |
|
|
BID
1125
PUT
DELISTED
Sotheby's
BID
| $18.5M | 0.01% |
406,800
-8,400
| -2% | -$359K |
|
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.