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 | |
|---|---|---|---|---|---|---|
|
ACOR
1326
PUT
DELISTED
Acorda Therapeutics
ACOR
| $14.2M | 0.01% |
5,633
+2,177
| +63% | +$6.27M |
|
1327
CALL
Golar LNG
GLNG
$5.31B
| $14.2M | 0.01% |
507,900
-197,500
| -28% | -$5.28M |
|
1328
PUT
Bread Financial
BFH
$4.14B
| $14.1M | 0.01% |
71,045
+10,776
| +18% | +$2.04M |
|
|
ENDP
1329
DELISTED
Endo International plc
ENDP
| $14.1M | 0.01% |
1,262,565
+756,045
| +149% | +$9.39M |
|
1330
PUT
Snap-on
SNA
$20.4B
| $14.1M | 0.01% |
83,300
+52,300
| +169% | +$9M |
|
1331
PUT
Gen Digital
GEN
$17.5B
| $14M | 0.01% |
457,300
+37,000
| +9% | +$1.05M |
|
1332
CALL
Huntsman Corp
HUN
$1.67B
| $14M | 0.01% |
570,300
-352,000
| -38% | -$7.57M |
|
1333
PUT
Franklin Templeton
BEN
$17.8B
| $14M | 0.01% |
331,600
-221,500
| -40% | -$9.19M |
|
1334
PUT
STMicroelectronics
STM
$44.1B
| $14M | 0.01% |
903,900
+801,500
| +783% | +$11.2M |
|
|
WNR
1335
CALL
DELISTED
Western Refining Inc
WNR
| $13.9M | 0.01% |
397,600
-186,400
| -32% | -$6.73M |
|
1336
CALL
Alnylam Pharmaceuticals
ALNY
$32.1B
| $13.9M | 0.01% |
271,800
-48,900
| -15% | -$2.26M |
|
1337
CALL
Smith & Wesson
SWBI
$606M
| $13.9M | 0.01% |
+910,050
| New | +$13.9M |
|
|
VMRK
1338
CALL
Vivmark Residential
VMRK
$27B
| $13.8M | 0.01% |
222,500
+169,300
| +318% | +$10.6M |
|
1339
PUT
J.M. Smucker
SJM
$13.4B
| $13.8M | 0.01% |
105,400
+5,800
| +6% | +$788K |
|
1340
CALL
Kroger
KR
$35.8B
| $13.7M | 0.01% |
463,500
-229,900
| -33% | -$7.34M |
|
|
WW
1341
CALL
DELISTED
WW International
WW
| $13.7M | 0.01% |
877,800
+67,000
| +8% | +$922K |
|
|
ETFC
1342
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $13.7M | 0.01% |
391,300
+155,200
| +66% | +$5.57M |
|
|
ACOR
1343
CALL
DELISTED
Acorda Therapeutics
ACOR
| $13.6M | 0.01% |
5,415
+4,022
| +289% | +$11.6M |
|
|
SRCL
1344
PUT
DELISTED
Stericycle Inc
SRCL
| $13.6M | 0.01% |
164,400
-114,200
| -41% | -$9.17M |
|
1345
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $13.6M | 0.01% |
196,600
-250,600
| -56% | -$17.3M |
|
1346
PUT
Fluor
FLR
$6.86B
| $13.6M | 0.01% |
258,100
-148,700
| -37% | -$8.11M |
|
1347
PUT
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $13.6M | 0.01% |
350,900
+26,600
| +8% | +$1.02M |
|
1348
CALL
Ameriprise Financial
AMP
$49.5B
| $13.6M | 0.01% |
104,700
+19,600
| +23% | +$2.43M |
|
1349
PUT
Urban Outfitters
URBN
$6.49B
| $13.6M | 0.01% |
571,100
+294,900
| +107% | +$7.64M |
|
|
OA
1350
PUT
DELISTED
Orbital ATK, Inc.
OA
| $13.6M | 0.01% |
138,400
-39,000
| -22% | -$3.61M |
|
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.