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 | |
|---|---|---|---|---|---|---|
1351
CALL
Stryker
SYK
$127B
| $16.5M | 0.01% |
115,900
-75,700
| -40% | -$10.9M |
|
|
1352
PUT
Stryker
SYK
$127B
| $16.5M | 0.01% |
115,900
+1,700
| +1% | +$244K |
|
1353
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$242M
| $16.5M | 0.01% |
3,013
-316
| -9% | -$2.04M |
|
1354
Kraft Heinz
KHC
$30B
| $16.4M | 0.01% |
212,099
+29,208
| +16% | +$2.44M |
|
|
CHK
1355
DELISTED
Chesapeake Energy Corporation
CHK
| $16.4M | 0.01% |
19,113
-14,442
| -43% | -$12.4M |
|
|
CMA
1356
PUT
DELISTED
Comerica
CMA
| $16.4M | 0.01% |
215,300
+73,000
| +51% | +$5.23M |
|
1357
Occidental Petroleum
OXY
$58.4B
| $16.4M | 0.01% |
254,705
-52,232
| -17% | -$3.18M |
|
|
DNKN
1358
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $16.3M | 0.01% |
307,400
+17,800
| +6% | +$944K |
|
|
ACIA
1359
CALL
DELISTED
Acacia Communications Inc
ACIA
| $16.3M | 0.01% |
346,300
+186,600
| +117% | +$8.33M |
|
1360
CALL
Navient
NAVI
$890M
| $16.3M | 0.01% |
1,084,900
-37,900
| -3% | -$553K |
|
1361
PUT
Logitech
LOGI
$14.1B
| $16.3M | 0.01% |
446,400
+399,700
| +856% | +$14.6M |
|
|
SYT
1362
CALL
DELISTED
Syngenta Ag
SYT
| $16.2M | 0.01% |
176,500
-319,900
| -64% | -$29.5M |
|
1363
PUT
Campbell Soup
CPB
$7B
| $16.2M | 0.01% |
346,900
+151,900
| +78% | +$7.69M |
|
1364
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$19.2B
| $16.2M | 0.01% |
2,113,500
+109,500
| +5% | +$708K |
|
|
BID
1365
CALL
DELISTED
Sotheby's
BID
| $16.2M | 0.01% |
352,100
-71,500
| -17% | -$3.53M |
|
|
GRMN
1366
CALL
Garmin
GRMN
$55.6B
| $16.2M | 0.01% |
300,200
-45,700
| -13% | -$2.37M |
|
1367
PUT
Cencora
COR
$62.6B
| $16.2M | 0.01% |
195,700
-37,600
| -16% | -$3.19M |
|
1368
Applied Optoelectronics
AAOI
$9.61B
| $16.2M | 0.01% |
250,305
-256,753
| -51% | -$18.1M |
|
|
DBVT
1369
CALL
DBV Technologies
DBVT
$941M
| $16.2M | 0.01% |
38,130
+26,270
| +222% | +$11.3M |
|
1370
CALL
Acadia Pharmaceuticals
ACAD
$5.27B
| $16.2M | 0.01% |
429,300
+185,400
| +76% | +$6.03M |
|
1371
PUT
Johnson Controls International
JCI
$85.9B
| $16.2M | 0.01% |
401,200
+109,900
| +38% | +$4.45M |
|
|
JWN
1372
DELISTED
Nordstrom
JWN
| $16.2M | 0.01% |
342,686
+156,242
| +84% | +$7.25M |
|
1373
CALL
KLA
KLAC
$240B
| $16.2M | 0.01% |
1,524,000
+70,000
| +5% | +$668K |
|
|
OA
1374
CALL
DELISTED
Orbital ATK, Inc.
OA
| $16.1M | 0.01% |
121,200
+92,600
| +324% | +$10.2M |
|
1375
CALL
Perrigo
PRGO
$2.01B
| $16.1M | 0.01% |
190,500
-9,400
| -5% | -$731K |
|
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.