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 | |
|---|---|---|---|---|---|---|
|
WCG
1276
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $18.3M | 0.01% |
106,400
+93,100
| +700% | +$16.3M |
|
|
BID
1277
PUT
DELISTED
Sotheby's
BID
| $18.3M | 0.01% |
395,800
-77,700
| -16% | -$3.83M |
|
1278
CALL
Autoliv
ALV
$9.08B
| $18.2M | 0.01% |
204,730
+53,438
| +35% | +$4.34M |
|
|
GOLD
1279
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $18.2M | 0.01% |
186,400
-170,900
| -48% | -$16.4M |
|
1280
CALL
KKR & Co
KKR
$96.6B
| $18.2M | 0.01% |
895,100
+287,800
| +47% | +$5.46M |
|
|
FL
1281
CALL
DELISTED
Foot Locker
FL
| $18.2M | 0.01% |
516,500
-18,700
| -3% | -$787K |
|
1282
PUT
Oneok
OKE
$57.8B
| $18.2M | 0.01% |
327,800
+85,800
| +35% | +$4.64M |
|
1283
American Tower
AMT
$83.2B
| $18.1M | 0.01% |
132,707
+111,133
| +515% | +$15.5M |
|
1284
PUT
Danaher
DHR
$152B
| $18.1M | 0.01% |
237,895
+22,109
| +10% | +$1.64M |
|
|
CIT
1285
CALL
DELISTED
CIT Group Inc.
CIT
| $18.1M | 0.01% |
368,600
-265,900
| -42% | -$12.5M |
|
1286
PUT
STMicroelectronics
STM
$44.1B
| $18.1M | 0.01% |
929,700
-579,500
| -38% | -$10M |
|
|
TSRO
1287
CALL
DELISTED
TESARO, Inc.
TSRO
| $18M | 0.01% |
139,800
-174,100
| -55% | -$21.6M |
|
|
GWPH
1288
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $18M | 0.01% |
177,700
+78,900
| +80% | +$8.45M |
|
1289
PUT
PVH
PVH
$3.44B
| $18M | 0.01% |
142,500
-209,600
| -60% | -$25.5M |
|
|
BNY
1290
PUT
Bank of New York Mellon
BNY
$111B
| $17.9M | 0.01% |
337,400
-61,500
| -15% | -$3.23M |
|
1291
PUT
Abercrombie & Fitch
ANF
$4.84B
| $17.8M | 0.01% |
1,235,700
+384,900
| +45% | +$4.4M |
|
|
LLL
1292
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $17.8M | 0.01% |
94,600
+19,400
| +26% | +$3.48M |
|
|
WCG
1293
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $17.8M | 0.01% |
103,700
+84,000
| +426% | +$14.7M |
|
1294
HP
HPQ
$27B
| $17.8M | 0.01% |
891,958
+279,038
| +46% | +$5.31M |
|
|
KSU
1295
CALL
DELISTED
Kansas City Southern
KSU
| $17.8M | 0.01% |
163,800
-223,100
| -58% | -$23.4M |
|
1296
PUT
Canadian Solar
CSIQ
$970M
| $17.8M | 0.01% |
1,055,000
+259,100
| +33% | +$4.24M |
|
1297
PUT
Eastman Chemical
EMN
$8.23B
| $17.7M | 0.01% |
196,100
+30,400
| +18% | +$2.59M |
|
|
MMP
1298
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $17.7M | 0.01% |
249,700
+66,500
| +36% | +$4.59M |
|
1299
Enterprise Products Partners
EPD
$82.6B
| $17.7M | 0.01% |
680,384
+294,491
| +76% | +$7.79M |
|
1300
PUT
Trinity Industries
TRN
$2.36B
| $17.7M | 0.01% |
771,728
+106,953
| +16% | +$2.21M |
|
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.