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 | |
|---|---|---|---|---|---|---|
1176
PUT
Check Point Software Technologies
CHKP
$13.2B
| $21M | 0.01% |
184,600
+59,400
| +47% | +$6.53M |
|
|
APC
1177
DELISTED
Anadarko Petroleum
APC
| $21M | 0.01% |
430,191
+38,080
| +10% | +$1.68M |
|
1178
CALL
Qorvo
QRVO
$8.32B
| $21M | 0.01% |
297,000
+103,200
| +53% | +$7.2M |
|
1179
PUT
Trane Technologies
TT
$100B
| $20.8M | 0.01% |
233,600
+168,600
| +259% | +$14.9M |
|
1180
CALL
Crown Castle
CCI
$32.5B
| $20.8M | 0.01% |
207,900
-11,000
| -5% | -$1.12M |
|
1181
CALL
PACCAR
PCAR
$68B
| $20.8M | 0.01% |
430,800
-28,800
| -6% | -$1.3M |
|
1182
iShares Core S&P 500 ETF
IVV
$894B
| $20.8M | 0.01% |
82,101
+75,407
| +1,126% | +$18.7M |
|
|
IMMU
1183
CALL
DELISTED
Immunomedics Inc
IMMU
| $20.8M | 0.01% |
1,484,500
+656,100
| +79% | +$6.54M |
|
|
K
1184
CALL
DELISTED
Kellanova
K
| $20.7M | 0.01% |
354,219
+95,637
| +37% | +$6.04M |
|
1185
CALL
VF Corp
VFC
$5.45B
| $20.7M | 0.01% |
346,424
-422,995
| -55% | -$24.4M |
|
1186
CALL
HSBC
HSBC
$358B
| $20.7M | 0.01% |
459,218
-94,558
| -17% | -$4.18M |
|
1187
PUT
Yum China
YUMC
$16.6B
| $20.7M | 0.01% |
517,400
+59,900
| +13% | +$2.23M |
|
|
AMTD
1188
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $20.6M | 0.01% |
422,700
-57,300
| -12% | -$2.57M |
|
1189
Delta Air Lines
DAL
$55B
| $20.6M | 0.01% |
427,644
+156,163
| +58% | +$7.78M |
|
|
CXO
1190
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $20.6M | 0.01% |
156,500
-85,300
| -35% | -$10.3M |
|
1191
PUT
Northern Trust
NTRS
$34.2B
| $20.6M | 0.01% |
223,900
+166,500
| +290% | +$15M |
|
1192
PUT
ProShares Ultra S&P500
SSO
$8.41B
| $20.6M | 0.01% |
1,701,600
-327,200
| -16% | -$3.8M |
|
|
FINL
1193
PUT
DELISTED
Finish Line
FINL
| $20.5M | 0.01% |
1,702,800
+894,300
| +111% | +$10.7M |
|
|
TFCF
1194
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $20.4M | 0.01% |
792,109
-324,652
| -29% | -$8.81M |
|
1195
PUT
GoPro
GPRO
$112M
| $20.4M | 0.01% |
1,851,600
-92,500
| -5% | -$867K |
|
1196
PUT
Consolidated Edison
ED
$39.6B
| $20.3M | 0.01% |
252,200
+83,400
| +49% | +$6.9M |
|
|
CBI
1197
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $20.3M | 0.01% |
1,211,100
-257,300
| -18% | -$3.94M |
|
|
CLR
1198
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $20.3M | 0.01% |
525,900
+145,300
| +38% | +$4.93M |
|
|
BLUE
1199
PUT
DELISTED
bluebird bio
BLUE
| $20.3M | 0.01% |
11,410
-3,459
| -23% | -$4.83M |
|
|
1200
CALL
Consolidated Edison
ED
$39.6B
| $20.3M | 0.01% |
251,400
-15,400
| -6% | -$1.27M |
|
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.