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 | |
|---|---|---|---|---|---|---|
1326
UnitedHealth
UNH
$356B
| $16.9M | 0.01% |
86,467
-35,706
| -29% | -$6.9M |
|
|
HIMX
1327
CALL
Himax Technologies
HIMX
$2.38B
| $16.9M | 0.01% |
1,544,600
+450,800
| +41% | +$4.09M |
|
1328
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12.1B
| $16.8M | 0.01% |
146,584
-102,599
| -41% | -$11.5M |
|
|
LL
1329
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $16.8M | 0.01% |
432,000
-95,900
| -18% | -$3.19M |
|
|
SGI
1330
CALL
Somnigroup International
SGI
$13.5B
| $16.8M | 0.01% |
1,042,800
-893,600
| -46% | -$13.2M |
|
1331
Abbott
ABT
$201B
| $16.8M | 0.01% |
314,535
-130,002
| -29% | -$6.52M |
|
1332
CALL
Apollo Global Management
APO
$78.6B
| $16.8M | 0.01% |
557,400
+69,400
| +14% | +$2M |
|
1333
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.87B
| $16.7M | 0.01% |
250
+122
| +95% | +$8.66M |
|
1334
CALL
PVH
PVH
$3.44B
| $16.7M | 0.01% |
132,700
+67,100
| +102% | +$8.18M |
|
|
OCLR
1335
PUT
DELISTED
Oclaro Inc.
OCLR
| $16.7M | 0.01% |
1,938,400
+568,200
| +41% | +$5.12M |
|
1336
CALL
L3Harris
LHX
$48.8B
| $16.7M | 0.01% |
127,000
+74,100
| +140% | +$8.89M |
|
|
WPX
1337
PUT
DELISTED
WPX Energy, Inc.
WPX
| $16.7M | 0.01% |
1,453,700
-257,700
| -15% | -$2.64M |
|
1338
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $16.7M | 0.01% |
571,800
-468,400
| -45% | -$13.4M |
|
|
AMTD
1339
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $16.7M | 0.01% |
341,300
+31,600
| +10% | +$1.42M |
|
|
BDXA
1340
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
| $16.7M | 0.01% |
301,351
-598,649
| -67% | -$33.2M |
|
1341
PUT
Infosys
INFY
$48.7B
| $16.6M | 0.01% |
2,282,000
+181,600
| +9% | +$1.38M |
|
|
STI
1342
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $16.6M | 0.01% |
278,100
-103,000
| -27% | -$5.82M |
|
1343
CALL
Abercrombie & Fitch
ANF
$4.84B
| $16.6M | 0.01% |
1,148,800
+177,200
| +18% | +$2.03M |
|
1344
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $16.6M | 0.01% |
9,700
+2,445
| +34% | +$3.39M |
|
1345
BlackBerry
BB
$4.57B
| $16.5M | 0.01% |
1,479,406
+169,605
| +13% | +$1.6M |
|
|
CS
1346
PUT
DELISTED
Credit Suisse Group
CS
| $16.5M | 0.01% |
1,046,200
-1,050,800
| -50% | -$15.9M |
|
1347
CALL
Northern Trust
NTRS
$34.2B
| $16.5M | 0.01% |
179,800
+54,500
| +43% | +$4.92M |
|
1348
CALL
Cencora
COR
$62.6B
| $16.5M | 0.01% |
199,400
-100,800
| -34% | -$8.55M |
|
1349
PUT
Norwegian Cruise Line
NCLH
$7.93B
| $16.5M | 0.01% |
304,900
+171,800
| +129% | +$9.61M |
|
1350
PUT
Cboe Global Markets
CBOE
$32.3B
| $16.5M | 0.01% |
153,100
-4,500
| -3% | -$443K |
|
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.