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 | |
|---|---|---|---|---|---|---|
|
SGI
1226
PUT
Somnigroup International
SGI
$13.5B
| $19.7M | 0.01% |
1,218,400
-3,295,200
| -73% | -$48.7M |
|
1227
CALL
DaVita
DVA
$11.3B
| $19.5M | 0.01% |
328,600
+211,600
| +181% | +$12.7M |
|
1228
PUT
Ciena
CIEN
$54.9B
| $19.5M | 0.01% |
887,800
+258,900
| +41% | +$6.2M |
|
1229
PUT
WIX.com
WIX
$3.6B
| $19.5M | 0.01% |
271,300
-49,400
| -15% | -$3.28M |
|
1230
National Beverage
FIZZ
$3.12B
| $19.5M | 0.01% |
314,246
+172,134
| +121% | +$9.55M |
|
1231
PUT
NOV
NOV
$7.11B
| $19.5M | 0.01% |
545,500
-220,700
| -29% | -$7.21M |
|
1232
PUT
Acadia Pharmaceuticals
ACAD
$5.27B
| $19.4M | 0.01% |
515,900
-88,400
| -15% | -$2.88M |
|
|
BPL
1233
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $19.4M | 0.01% |
340,900
+157,600
| +86% | +$9.37M |
|
1234
CALL
Omega Healthcare
OHI
$14.2B
| $19.3M | 0.01% |
605,500
+220,000
| +57% | +$7.05M |
|
|
FNSR
1235
PUT
DELISTED
Finisar Corp
FNSR
| $19.3M | 0.01% |
871,000
+252,400
| +41% | +$6.18M |
|
1236
Kroger
KR
$35.8B
| $19.3M | 0.01% |
961,717
-231,766
| -19% | -$5.22M |
|
1237
CALL
GoPro
GPRO
$112M
| $19.3M | 0.01% |
1,751,400
+924,800
| +112% | +$8.66M |
|
1238
CALL
Becton Dickinson
BDX
$51.7B
| $19.2M | 0.01% |
100,348
+17,630
| +21% | +$3.42M |
|
1239
Devon Energy
DVN
$51.6B
| $19.2M | 0.01% |
521,694
-356,236
| -41% | -$11.5M |
|
|
MRO
1240
CALL
DELISTED
Marathon Oil Corporation
MRO
| $19.1M | 0.01% |
1,410,300
+313,400
| +29% | +$3.72M |
|
|
JKS
1241
PUT
JinkoSolar
JKS
$812M
| $19.1M | 0.01% |
765,900
+282,500
| +58% | +$7.35M |
|
|
1242
Acadia Pharmaceuticals
ACAD
$5.27B
| $19.1M | 0.01% |
506,937
+227,619
| +81% | +$7.4M |
|
1243
Range Resources
RRC
$9.58B
| $19.1M | 0.01% |
975,018
-203,297
| -17% | -$3.93M |
|
|
CS
1244
CALL
DELISTED
Credit Suisse Group
CS
| $19.1M | 0.01% |
1,206,300
-931,300
| -44% | -$14.1M |
|
|
1245
CALL
NOV
NOV
$7.11B
| $19M | 0.01% |
533,000
+13,400
| +3% | +$438K |
|
1246
CALL
Corpay
CPAY
$27.1B
| $19M | 0.01% |
122,800
-53,100
| -30% | -$7.79M |
|
1247
PUT
Cheniere Energy
LNG
$57.6B
| $19M | 0.01% |
421,700
-125,400
| -23% | -$5.54M |
|
1248
CALL
Realty Income
O
$59.5B
| $19M | 0.01% |
342,624
+63,262
| +23% | +$3.51M |
|
1249
Vanguard FTSE Europe ETF
VGK
$31.3B
| $19M | 0.01% |
+325,307
| New | +$18.5M |
|
1250
CALL
BioMarin Pharmaceuticals
BMRN
$12.8B
| $18.9M | 0.01% |
203,100
+17,800
| +10% | +$1.57M |
|
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.