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 | |
|---|---|---|---|---|---|---|
1151
PUT
Campbell Soup
CPB
$7.2B
| $18M | 0.01% |
314,000
+20,200
| +7% | +$1.22M |
|
|
BNY
1152
PUT
Bank of New York Mellon
BNY
$110B
| $17.9M | 0.01% |
378,300
-321,100
| -46% | -$15M |
|
1153
PUT
ServiceNow
NOW
$132B
| $17.8M | 0.01% |
1,019,000
-582,000
| -36% | -$10.1M |
|
|
MDCO
1154
PUT
DELISTED
Medicines Co
MDCO
| $17.8M | 0.01% |
364,200
-11,400
| -3% | -$520K |
|
1155
CALL
Archer Daniels Midland
ADM
$37.7B
| $17.8M | 0.01% |
386,600
-48,100
| -11% | -$2.16M |
|
1156
CALL
Fastenal
FAST
$58.8B
| $17.8M | 0.01% |
1,382,000
-1,090,400
| -44% | -$13.7M |
|
1157
PUT
Consolidated Edison
ED
$39.8B
| $17.8M | 0.01% |
228,900
-44,600
| -16% | -$3.35M |
|
|
RAD
1158
CALL
DELISTED
Rite Aid Corporation
RAD
| $17.8M | 0.01% |
209,110
+118,110
| +130% | +$14.2M |
|
1159
CALL
Moody's
MCO
$88.6B
| $17.7M | 0.01% |
158,200
+96,400
| +156% | +$10.3M |
|
|
KITE
1160
PUT
DELISTED
Kite Pharma, Inc.
KITE
| $17.7M | 0.01% |
225,800
-107,800
| -32% | -$6.67M |
|
|
WWAV
1161
PUT
DELISTED
The WhiteWave Foods Company
WWAV
| $17.7M | 0.01% |
314,900
+3,000
| +1% | +$166K |
|
1162
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $17.6M | 0.01% |
580,200
-870,600
| -60% | -$28.1M |
|
1163
PUT
Mattel
MAT
$4.23B
| $17.6M | 0.01% |
689,000
+480,900
| +231% | +$12.9M |
|
|
ENDP
1164
PUT
DELISTED
Endo International plc
ENDP
| $17.6M | 0.01% |
1,574,800
+396,100
| +34% | +$4.92M |
|
1165
CALL
Alaska Air
ALK
$4.64B
| $17.5M | 0.01% |
189,800
+50,600
| +36% | +$4.79M |
|
1166
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $17.5M | 0.01% |
339,200
-50,500
| -13% | -$2.52M |
|
1167
PUT
Intuit
INTU
$101B
| $17.4M | 0.01% |
149,900
+86,000
| +135% | +$10.3M |
|
1168
American Express
AXP
$228B
| $17.4M | 0.01% |
219,551
+209,157
| +2,012% | +$16.4M |
|
1169
PUT
Centene
CNC
$32.4B
| $17.4M | 0.01% |
487,400
+271,600
| +126% | +$9.09M |
|
|
WFT
1170
CALL
DELISTED
Weatherford International plc
WFT
| $17.4M | 0.01% |
2,609,100
+1,403,500
| +116% | +$8.22M |
|
1171
CALL
Baxter International
BAX
$13.7B
| $17.3M | 0.01% |
334,400
-83,400
| -20% | -$4.1M |
|
|
FL
1172
PUT
DELISTED
Foot Locker
FL
| $17.3M | 0.01% |
231,600
-11,000
| -5% | -$794K |
|
1173
PUT
Nutanix
NTNX
$18B
| $17.3M | 0.01% |
919,300
+728,400
| +382% | +$19.6M |
|
1174
CALL
Twilio
TWLO
$34.2B
| $17.2M | 0.01% |
597,400
+198,300
| +50% | +$5.99M |
|
1175
PUT
Ball Corp
BALL
$17.1B
| $17.2M | 0.01% |
463,800
-281,400
| -38% | -$10.5M |
|
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.