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 | |
|---|---|---|---|---|---|---|
1201
CALL
Tenet Healthcare
THC
$21.9B
| $20.3M | 0.01% |
1,233,400
+681,000
| +123% | +$11.5M |
|
1202
CALL
Middleby
MIDD
$5.15B
| $20.3M | 0.01% |
158,100
+59,700
| +61% | +$7.36M |
|
1203
PUT
VF Corp
VFC
$5.44B
| $20.3M | 0.01% |
338,459
+14,018
| +4% | +$809K |
|
1204
Medtronic
MDT
$117B
| $20.2M | 0.01% |
+260,164
| New | +$21.6M |
|
1205
CALL
Sinclair Inc
SBGI
$1.06B
| $20.2M | 0.01% |
631,200
+363,000
| +135% | +$11.4M |
|
1206
Bath & Body Works
BBWI
$3.54B
| $20.2M | 0.01% |
600,906
+454,905
| +312% | +$15.3M |
|
1207
PUT
Range Resources
RRC
$9.58B
| $20.1M | 0.01% |
1,028,000
-489,100
| -32% | -$9.45M |
|
1208
Arista Networks
ANET
$241B
| $20.1M | 0.01% |
+1,695,696
| New | +$17.7M |
|
1209
CALL
Cognizant
CTSH
$28.4B
| $20.1M | 0.01% |
276,500
-18,200
| -6% | -$1.28M |
|
1210
Pfizer
PFE
$163B
| $20.1M | 0.01% |
592,028
-898,880
| -60% | -$28.9M |
|
1211
PUT
Under Armour Class C
UA
$2.15B
| $20M | 0.01% |
1,332,400
+127,100
| +11% | +$2.14M |
|
|
CELG
1212
DELISTED
Celgene Corp
CELG
| $20M | 0.01% |
137,080
-25,228
| -16% | -$3.44M |
|
1213
Schwab International Small-Cap Equity ETF
SCHC
$5.8B
| $20M | 0.01% |
557,664
+328,594
| +143% | +$11.4M |
|
1214
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $20M | 0.01% |
187,300
-15,300
| -8% | -$1.64M |
|
1215
CALL
Signet Jewelers
SIG
$3.29B
| $19.9M | 0.01% |
298,400
+37,800
| +15% | +$2.33M |
|
1216
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $19.8M | 0.01% |
+234,373
| New | +$19.9M |
|
1217
Palo Alto Networks
PANW
$277B
| $19.8M | 0.01% |
824,772
-58,110
| -7% | -$1.32M |
|
1218
CALL
Pultegroup
PHM
$24.9B
| $19.8M | 0.01% |
723,700
+164,500
| +29% | +$4.16M |
|
1219
AbbVie
ABBV
$470B
| $19.8M | 0.01% |
222,496
+210,097
| +1,694% | +$16M |
|
1220
PUT
C.H. Robinson
CHRW
$16.8B
| $19.8M | 0.01% |
259,600
+97,300
| +60% | +$6.74M |
|
1221
CALL
Helmerich & Payne
HP
$4.21B
| $19.7M | 0.01% |
378,800
-6,400
| -2% | -$317K |
|
1222
Alaska Air
ALK
$4.84B
| $19.7M | 0.01% |
258,757
+199,294
| +335% | +$16.3M |
|
1223
CALL
Canadian Pacific Kansas City
CP
$82.9B
| $19.7M | 0.01% |
587,000
-452,000
| -44% | -$14.4M |
|
1224
CALL
AMC Entertainment Holdings
AMC
$2.37B
| $19.7M | 0.01% |
134,120
+118,400
| +753% | +$19.8M |
|
1225
CALL
Harley-Davidson
HOG
$2.86B
| $19.7M | 0.01% |
408,500
-90,900
| -18% | -$4.42M |
|
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.