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 | |
|---|---|---|---|---|---|---|
1251
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $15.7M | 0.01% |
178,600
-7,300
| -4% | -$638K |
|
|
PX
1252
PUT
DELISTED
Praxair Inc
PX
| $15.7M | 0.01% |
132,500
+54,200
| +69% | +$6.37M |
|
1253
PUT
Deckers Outdoor
DECK
$12.1B
| $15.6M | 0.01% |
1,572,000
+321,600
| +26% | +$2.97M |
|
1254
CALL
Royal Bank of Canada
RY
$288B
| $15.6M | 0.01% |
214,200
-30,000
| -12% | -$2.17M |
|
1255
PUT
Applied Materials
AMAT
$381B
| $15.6M | 0.01% |
401,100
+133,200
| +50% | +$4.78M |
|
1256
PUT
NetApp
NTAP
$36.8B
| $15.6M | 0.01% |
372,500
+197,800
| +113% | +$7.8M |
|
|
NAV
1257
PUT
DELISTED
Navistar International
NAV
| $15.5M | 0.01% |
631,500
+133,000
| +27% | +$3.66M |
|
|
CHK
1258
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $15.5M | 0.01% |
13,045
-7,699
| -37% | -$9.36M |
|
1259
PUT
iShares MSCI Australia ETF
EWA
$1.36B
| $15.5M | 0.01% |
685,100
-261,400
| -28% | -$5.7M |
|
1260
CALL
Conagra Brands
CAG
$7.81B
| $15.4M | 0.01% |
382,500
-317,300
| -45% | -$12.7M |
|
1261
CALL
Credit Acceptance
CACC
$6.27B
| $15.4M | 0.01% |
77,100
+34,100
| +79% | +$6.87M |
|
|
CERN
1262
PUT
DELISTED
Cerner Corp
CERN
| $15.4M | 0.01% |
261,200
+136,400
| +109% | +$7.37M |
|
1263
GoPro
GPRO
$112M
| $15.3M | 0.01% |
1,763,073
+326,973
| +23% | +$2.96M |
|
1264
iShares MSCI Canada ETF
EWC
$6.95B
| $15.3M | 0.01% |
+570,595
| New | +$15.4M |
|
1265
General Dynamics
GD
$102B
| $15.3M | 0.01% |
+81,927
| New | +$15.1M |
|
1266
CALL
Omnicom Group
OMC
$24.2B
| $15.3M | 0.01% |
177,900
+3,600
| +2% | +$307K |
|
1267
Rithm Capital
RITM
$5.68B
| $15.3M | 0.01% |
900,123
+205,616
| +30% | +$3.36M |
|
1268
PUT
Thor Industries
THO
$4.14B
| $15.3M | 0.01% |
159,000
+44,800
| +39% | +$4.65M |
|
|
SHPG
1269
CALL
DELISTED
Shire pic
SHPG
| $15.3M | 0.01% |
87,700
-87,600
| -50% | -$15.3M |
|
1270
Signet Jewelers
SIG
$3.29B
| $15.2M | 0.01% |
219,636
+156,323
| +247% | +$11.7M |
|
1271
PUT
Element Solutions
ESI
$8.65B
| $15.2M | 0.01% |
1,166,700
+1,046,900
| +874% | +$12.9M |
|
1272
CALL
Olin
OLN
$1.98B
| $15.2M | 0.01% |
461,400
+20,800
| +5% | +$624K |
|
1273
PUT
Hershey
HSY
$37.6B
| $15.1M | 0.01% |
138,000
-182,700
| -57% | -$19.6M |
|
1274
PUT
Southern Company
SO
$103B
| $15.1M | 0.01% |
302,600
-352,000
| -54% | -$17.4M |
|
|
STI
1275
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $15M | 0.01% |
271,800
+194,700
| +253% | +$11.2M |
|
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 $13.1B in Q1 2017, closing 2,170 positions and reducing 3,725 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.