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 | |
|---|---|---|---|---|---|---|
1301
CALL
Wolfspeed
WOLF
$1.3B
| $14.7M | 0.01% |
550,100
-57,800
| -10% | -$1.57M |
|
1302
CALL
Fluor
FLR
$6.83B
| $14.7M | 0.01% |
279,300
-106,500
| -28% | -$5.81M |
|
|
EXAS
1303
PUT
DELISTED
Exact Sciences
EXAS
| $14.7M | 0.01% |
622,200
+98,300
| +19% | +$1.95M |
|
1304
PUT
Huntsman Corp
HUN
$1.66B
| $14.7M | 0.01% |
597,100
+15,700
| +3% | +$338K |
|
1305
PUT
Polaris
PII
$3.63B
| $14.6M | 0.01% |
174,600
-153,000
| -47% | -$13.2M |
|
1306
CALL
JetBlue
JBLU
$1.91B
| $14.6M | 0.01% |
709,600
-233,800
| -25% | -$4.77M |
|
1307
CALL
Lumen
LUMN
$6B
| $14.6M | 0.01% |
620,000
-1,008,900
| -62% | -$24.6M |
|
|
VAL
1308
PUT
DELISTED
Valspar
VAL
| $14.6M | 0.01% |
131,400
+23,900
| +22% | +$2.62M |
|
|
RDS.B
1309
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $14.6M | 0.01% |
261,100
+138,800
| +113% | +$7.88M |
|
1310
Merck
MRK
$385B
| $14.6M | 0.01% |
240,288
-527,743
| -69% | -$32M |
|
1311
Snap
SNAP
$9.99B
| $14.5M | 0.01% |
+645,373
| New | +$14.3M |
|
|
GRA
1312
PUT
DELISTED
W.R. Grace & Co.
GRA
| $14.5M | 0.01% |
208,400
+54,800
| +36% | +$3.85M |
|
1313
PUT
Idexx Laboratories
IDXX
$43.4B
| $14.5M | 0.01% |
93,800
+21,700
| +30% | +$2.99M |
|
1314
PUT
Eastman Chemical
EMN
$8.18B
| $14.5M | 0.01% |
179,400
+16,900
| +10% | +$1.33M |
|
|
BHI
1315
PUT
DELISTED
Baker Hughes
BHI
| $14.5M | 0.01% |
241,700
-78,500
| -25% | -$4.78M |
|
1316
PUT
Fastenal
FAST
$57.8B
| $14.4M | 0.01% |
1,120,000
-482,800
| -30% | -$6.05M |
|
|
BLUE
1317
PUT
DELISTED
bluebird bio
BLUE
| $14.4M | 0.01% |
12,228
-23,377
| -66% | -$23.8M |
|
|
CTRA
1318
DELISTED
Coterra Energy
CTRA
| $14.3M | 0.01% |
600,102
+302,835
| +102% | +$6.87M |
|
1319
PUT
Markel Group
MKL
$22.5B
| $14.3M | 0.01% |
14,700
-5,900
| -29% | -$5.58M |
|
1320
CALL
InterDigital
IDCC
$8.9B
| $14.3M | 0.01% |
166,000
-118,600
| -42% | -$10.7M |
|
1321
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$295M
| $14.3M | 0.01% |
365,760
+262,094
| +253% | +$10.5M |
|
|
AFSI
1322
PUT
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $14.3M | 0.01% |
774,200
+706,800
| +1,049% | +$17.2M |
|
|
AVB
1323
PUT
DELISTED
AvalonBay Communities
AVB
| $14.3M | 0.01% |
77,700
+34,000
| +78% | +$6.1M |
|
1324
PUT
Hilton Worldwide
HLT
$74.1B
| $14.2M | 0.01% |
243,700
+8,367
| +4% | +$486K |
|
1325
PUT
Melco Resorts & Entertainment
MLCO
$2.09B
| $14.2M | 0.01% |
767,600
-79,500
| -9% | -$1.36M |
|
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.