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 | |
|---|---|---|---|---|---|---|
1251
PUT
Franco-Nevada
FNV
$52.4B
| $18.9M | 0.01% |
243,900
-51,200
| -17% | -$3.93M |
|
1252
CALL
Trane Technologies
TT
$100B
| $18.9M | 0.01% |
211,800
-11,500
| -5% | -$1.02M |
|
1253
PUT
Mattel
MAT
$4.36B
| $18.9M | 0.01% |
1,219,800
+476,800
| +64% | +$8.52M |
|
1254
CALL
TJX Companies
TJX
$154B
| $18.9M | 0.01% |
511,800
-43,400
| -8% | -$1.55M |
|
|
HES
1255
DELISTED
Hess
HES
| $18.9M | 0.01% |
402,179
+180,340
| +81% | +$7.63M |
|
1256
CALL
ProShares Ultra QQQ
QLD
$13.8B
| $18.9M | 0.01% |
2,348,800
-2,014,400
| -46% | -$15.7M |
|
|
JOYY
1257
JOYY Inc
JOYY
$3.78B
| $18.8M | 0.01% |
216,876
+108,227
| +100% | +$7.86M |
|
1258
Amgen
AMGN
$239B
| $18.8M | 0.01% |
100,748
-140,031
| -58% | -$24.8M |
|
1259
CALL
Progressive
PGR
$129B
| $18.8M | 0.01% |
387,500
+54,800
| +16% | +$2.56M |
|
1260
PUT
Baker Hughes
BKR
$61.4B
| $18.7M | 0.01% |
+510,200
| New | +$18.1M |
|
1261
CALL
S&P Global
SPGI
$128B
| $18.7M | 0.01% |
119,500
+43,800
| +58% | +$6.66M |
|
1262
CALL
Steel Dynamics
STLD
$33.1B
| $18.7M | 0.01% |
541,800
-455,700
| -46% | -$16M |
|
1263
CALL
iShares MSCI Japan ETF
EWJ
$22.6B
| $18.7M | 0.01% |
335,200
+10,400
| +3% | +$567K |
|
1264
AT&T
T
$177B
| $18.7M | 0.01% |
+630,988
| New | +$17.9M |
|
1265
CALL
Williams-Sonoma
WSM
$27.6B
| $18.6M | 0.01% |
746,600
-600
| -0.1% | -$13.9K |
|
|
SIVB
1266
PUT
DELISTED
SVB Financial Group
SIVB
| $18.6M | 0.01% |
99,400
-56,800
| -36% | -$9.99M |
|
1267
PUT
US Bancorp
USB
$97.2B
| $18.6M | 0.01% |
347,000
-61,900
| -15% | -$3.24M |
|
1268
CALL
Ralph Lauren
RL
$21.6B
| $18.6M | 0.01% |
210,500
-23,100
| -10% | -$1.9M |
|
1269
Fortinet
FTNT
$113B
| $18.6M | 0.01% |
+2,591,725
| New | +$19.7M |
|
1270
CALL
FirstEnergy
FE
$27B
| $18.5M | 0.01% |
601,400
-29,300
| -5% | -$922K |
|
|
SODA
1271
CALL
DELISTED
SodaStream International Ltd
SODA
| $18.4M | 0.01% |
277,000
+95,700
| +53% | +$5.57M |
|
1272
PUT
Twilio
TWLO
$34.4B
| $18.4M | 0.01% |
615,300
-582,800
| -49% | -$17.5M |
|
1273
PUT
iShares MSCI Australia ETF
EWA
$1.36B
| $18.4M | 0.01% |
818,400
-84,000
| -9% | -$1.89M |
|
1274
PUT
Vanguard FTSE Europe ETF
VGK
$31.3B
| $18.4M | 0.01% |
314,800
-47,700
| -13% | -$2.71M |
|
|
CZR
1275
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $18.4M | 0.01% |
1,375,000
+752,100
| +121% | +$9.12M |
|
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.