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 | |
|---|---|---|---|---|---|---|
1301
CALL
MBIA
MBI
$250M
| $17.6M | 0.01% |
2,025,500
-713,200
| -26% | -$7.16M |
|
|
ETFC
1302
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $17.6M | 0.01% |
403,800
-213,300
| -35% | -$8.66M |
|
|
BCR
1303
PUT
DELISTED
CR Bard Inc.
BCR
| $17.6M | 0.01% |
54,800
+10,600
| +24% | +$3.39M |
|
1304
PUT
Huntsman Corp
HUN
$1.67B
| $17.5M | 0.01% |
639,600
-197,000
| -24% | -$5.25M |
|
1305
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $17.5M | 0.01% |
135,400
+18,400
| +16% | +$2.33M |
|
1306
CALL
Tower Semiconductor
TSEM
$24B
| $17.5M | 0.01% |
568,700
-78,500
| -12% | -$2.14M |
|
|
HDS
1307
PUT
DELISTED
HD Supply Holdings, Inc.
HDS
| $17.5M | 0.01% |
484,200
-128,800
| -21% | -$4.14M |
|
1308
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $17.4M | 0.01% |
2,172,800
-2,379,200
| -52% | -$18.6M |
|
|
ITCI
1309
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $17.4M | 0.01% |
1,105,027
+991,287
| +872% | +$14.5M |
|
1310
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $17.4M | 0.01% |
541,300
-47,700
| -8% | -$1.49M |
|
|
BWLD
1311
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $17.4M | 0.01% |
+164,710
| New | +$18.3M |
|
1312
PUT
YPF Sociedad Anonima ADS
YPF
$19.6B
| $17.4M | 0.01% |
780,700
-599,400
| -43% | -$12.4M |
|
|
STRP
1313
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $17.4M | 0.01% |
96,100
-206,600
| -68% | -$37.1M |
|
1314
PUT
Cognizant
CTSH
$28.4B
| $17.2M | 0.01% |
237,000
-278,000
| -54% | -$19.5M |
|
|
NVRO
1315
CALL
DELISTED
NEVRO CORP.
NVRO
| $17.2M | 0.01% |
189,000
+154,900
| +454% | +$13.3M |
|
1316
CALL
Melco Resorts & Entertainment
MLCO
$2.08B
| $17.1M | 0.01% |
710,500
-66,200
| -9% | -$1.44M |
|
1317
CALL
WIX.com
WIX
$3.6B
| $17.1M | 0.01% |
238,400
+108,300
| +83% | +$7.2M |
|
1318
PUT
TSMC
TSM
$2.16T
| $17.1M | 0.01% |
455,900
-185,300
| -29% | -$6.77M |
|
1319
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $17.1M | 0.01% |
526,800
-184,300
| -26% | -$5.73M |
|
1320
PUT
Cirrus Logic
CRUS
$5.58B
| $17.1M | 0.01% |
320,300
-82,800
| -21% | -$4.85M |
|
|
GRA
1321
DELISTED
W.R. Grace & Co.
GRA
| $17.1M | 0.01% |
236,542
+119,850
| +103% | +$8.46M |
|
1322
CALL
Insmed
INSM
$27.1B
| $17.1M | 0.01% |
546,700
+379,000
| +226% | +$7.22M |
|
|
FIT
1323
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $17M | 0.01% |
2,448,751
+806,215
| +49% | +$4.69M |
|
1324
PUT
Factset
FDS
$10.5B
| $17M | 0.01% |
94,500
+60,300
| +176% | +$9.84M |
|
1325
CALL
NovoCure
NVCR
$2.05B
| $17M | 0.01% |
857,200
+343,800
| +67% | +$6.76M |
|
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.