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 | |
|---|---|---|---|---|---|---|
1276
CALL
Eastman Chemical
EMN
$8.2B
| $15M | 0.01% |
186,000
-329,900
| -64% | -$25.9M |
|
1277
PUT
Factset
FDS
$10.7B
| $15M | 0.01% |
91,100
+39,600
| +77% | +$6.92M |
|
1278
PUT
Toll Brothers
TOL
$13.8B
| $15M | 0.01% |
415,800
+123,500
| +42% | +$4.12M |
|
1279
CALL
Rockwell Automation
ROK
$47.9B
| $15M | 0.01% |
96,400
-43,100
| -31% | -$6.44M |
|
1280
PUT
Credit Acceptance
CACC
$6.31B
| $15M | 0.01% |
75,200
+57,200
| +318% | +$11.5M |
|
1281
Carnival Corporation Ltd
CCL
$35.4B
| $15M | 0.01% |
254,391
+242,291
| +2,002% | +$13.5M |
|
1282
PUT
KeyCorp
KEY
$23.3B
| $15M | 0.01% |
841,100
+278,000
| +49% | +$5.09M |
|
|
VIAB
1283
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $14.9M | 0.01% |
320,100
-562,700
| -64% | -$23.8M |
|
1284
CALL
Arista Networks
ANET
$238B
| $14.9M | 0.01% |
1,803,200
+867,200
| +93% | +$5.98M |
|
|
SEE
1285
CALL
DELISTED
Sealed Air
SEE
| $14.9M | 0.01% |
342,000
+148,600
| +77% | +$6.99M |
|
1286
CALL
Masco
MAS
$14.4B
| $14.9M | 0.01% |
437,700
+103,300
| +31% | +$3.45M |
|
1287
PUT
Alnylam Pharmaceuticals
ALNY
$32B
| $14.9M | 0.01% |
290,100
-143,000
| -33% | -$6.61M |
|
1288
CALL
Align Technology
ALGN
$11.4B
| $14.9M | 0.01% |
129,600
+70,500
| +119% | +$7.12M |
|
1289
CALL
iShares S&P 500 Growth ETF
IVW
$75.9B
| $14.9M | 0.01% |
452,000
+280,000
| +163% | +$8.98M |
|
|
FNSR
1290
PUT
DELISTED
Finisar Corp
FNSR
| $14.8M | 0.01% |
542,800
+428,900
| +377% | +$13.1M |
|
|
CBI
1291
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $14.8M | 0.01% |
482,400
-371,000
| -43% | -$12M |
|
1292
PUT
S&P Global
SPGI
$127B
| $14.8M | 0.01% |
113,200
-11,600
| -9% | -$1.44M |
|
|
BCR
1293
PUT
DELISTED
CR Bard Inc.
BCR
| $14.8M | 0.01% |
59,500
+50,900
| +592% | +$12.3M |
|
|
HBI
1294
CALL
DELISTED
Hanesbrands
HBI
| $14.8M | 0.01% |
711,800
+463,000
| +186% | +$9.82M |
|
1295
CALL
DaVita
DVA
$11.3B
| $14.8M | 0.01% |
217,300
+96,000
| +79% | +$6.36M |
|
1296
CALL
Thor Industries
THO
$4.13B
| $14.8M | 0.01% |
153,500
+63,000
| +70% | +$6.54M |
|
1297
Unilever
UL
$140B
| $14.7M | 0.01% |
265,408
+123,735
| +87% | +$6.26M |
|
|
ETP
1298
DELISTED
Energy Transfer Partners L.p.
ETP
| $14.7M | 0.01% |
402,919
-711,484
| -64% | -$26.5M |
|
1299
CALL
Raymond James Financial
RJF
$33.7B
| $14.7M | 0.01% |
289,350
-82,350
| -22% | -$4.19M |
|
1300
CALL
Stanley Black & Decker
SWK
$14.8B
| $14.7M | 0.01% |
110,700
-44,800
| -29% | -$5.62M |
|
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.