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 | |
|---|---|---|---|---|---|---|
1151
Viatris
VTRS
$19.2B
| $21.7M | 0.01% |
692,317
-526,013
| -43% | -$17.9M |
|
|
RAD
1152
DELISTED
Rite Aid Corporation
RAD
| $21.7M | 0.01% |
553,653
+202,973
| +58% | +$9.62M |
|
1153
AutoZone
AZO
$49.4B
| $21.6M | 0.01% |
36,247
+24,736
| +215% | +$13.2M |
|
1154
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $21.5M | 0.01% |
65,947
+55,233
| +516% | +$17.6M |
|
|
ICPT
1155
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $21.5M | 0.01% |
370,691
+272,612
| +278% | +$29.4M |
|
1156
CALL
F5
FFIV
$21.7B
| $21.5M | 0.01% |
178,300
+8,800
| +5% | +$1.06M |
|
|
SHLD
1157
PUT
DELISTED
Sears Holding Corporation
SHLD
| $21.5M | 0.01% |
2,944,600
+54,300
| +2% | +$446K |
|
1158
Southwest Airlines
LUV
$20B
| $21.5M | 0.01% |
383,833
+346,613
| +931% | +$19.5M |
|
1159
PUT
Omeros
OMER
$1.39B
| $21.5M | 0.01% |
993,700
+621,200
| +167% | +$13.2M |
|
1160
PUT
Energy Transfer Partners
ET
$72.4B
| $21.4M | 0.01% |
1,233,900
-875,900
| -42% | -$15.3M |
|
1161
CALL
Vulcan Materials
VMC
$35.5B
| $21.4M | 0.01% |
179,300
-28,000
| -14% | -$3.36M |
|
1162
PUT
Autoliv
ALV
$9.08B
| $21.4M | 0.01% |
240,402
-32,062
| -12% | -$2.6M |
|
|
EXAS
1163
CALL
DELISTED
Exact Sciences
EXAS
| $21.4M | 0.01% |
453,600
+36,000
| +9% | +$1.45M |
|
1164
PUT
Hasbro
HAS
$13.6B
| $21.4M | 0.01% |
218,600
+150,400
| +221% | +$15.3M |
|
|
AGU
1165
CALL
DELISTED
Agrium
AGU
| $21.3M | 0.01% |
198,900
-24,700
| -11% | -$2.47M |
|
1166
CALL
Baxter International
BAX
$13.6B
| $21.3M | 0.01% |
339,500
-411,600
| -55% | -$25.4M |
|
|
BBBY
1167
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $21.2M | 0.01% |
905,000
-149,200
| -14% | -$4.18M |
|
1168
CALL
The Mosaic Company
MOS
$7.72B
| $21.2M | 0.01% |
983,300
-163,700
| -14% | -$3.55M |
|
1169
CALL
Bunge Global
BG
$21.5B
| $21.2M | 0.01% |
305,400
-91,500
| -23% | -$6.93M |
|
1170
CALL
Illinois Tool Works
ITW
$80.2B
| $21.1M | 0.01% |
142,800
-21,600
| -13% | -$3.07M |
|
1171
PUT
Chemours
CC
$2.37B
| $21.1M | 0.01% |
417,000
+63,500
| +18% | +$3M |
|
|
TFCFA
1172
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $21.1M | 0.01% |
800,000
+244,500
| +44% | +$6.73M |
|
1173
CALL
Baker Hughes
BKR
$61.3B
| $21.1M | 0.01% |
+575,500
| New | +$20.4M |
|
|
ILG
1174
DELISTED
ILG, Inc Common Stock
ILG
| $21.1M | 0.01% |
+787,950
| New | +$20.9M |
|
1175
PUT
Toll Brothers
TOL
$13.9B
| $21.1M | 0.01% |
507,600
+165,500
| +48% | +$6.51M |
|
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.