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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Nokia
NOK
$57.9B
| $14.6M | 0.01% |
2,373,708
+123,395
| +5% | +$740K |
|
1377
Delta Air Lines
DAL
$54.9B
| $14.6M | 0.01% |
271,481
-451,172
| -62% | -$22.1M |
|
1378
PUT
Tenet Healthcare
THC
$22.2B
| $14.6M | 0.01% |
754,100
-165,500
| -18% | -$2.89M |
|
1379
CALL
HP
HPQ
$27.4B
| $14.6M | 0.01% |
834,200
-448,800
| -35% | -$8.24M |
|
1380
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $14.6M | 0.01% |
117,000
-39,000
| -25% | -$4.81M |
|
1381
CALL
Masco
MAS
$14.5B
| $14.5M | 0.01% |
379,900
-57,800
| -13% | -$2.11M |
|
1382
PUT
3D Systems Corp
DDD
$540M
| $14.5M | 0.01% |
775,800
-359,900
| -32% | -$6.81M |
|
1383
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.4M
| $14.5M | 0.01% |
114,300
-98,500
| -46% | -$12.3M |
|
1384
PUT
Baxter International
BAX
$13.8B
| $14.5M | 0.01% |
239,100
+43,000
| +22% | +$2.44M |
|
|
1385
CALL
3D Systems Corp
DDD
$540M
| $14.5M | 0.01% |
773,500
-67,400
| -8% | -$1.28M |
|
1386
PUT
Teleflex
TFX
$5.86B
| $14.4M | 0.01% |
69,500
+32,400
| +87% | +$6.5M |
|
1387
CALL
Ubiquiti
UI
$35.8B
| $14.4M | 0.01% |
277,800
+183,300
| +194% | +$9.07M |
|
1388
PUT
Estee Lauder
EL
$38B
| $14.4M | 0.01% |
150,100
-136,800
| -48% | -$12.6M |
|
1389
PUT
Cboe Global Markets
CBOE
$32.5B
| $14.4M | 0.01% |
157,600
+7,200
| +5% | +$615K |
|
1390
PUT
Canadian Natural Resources
CNQ
$103B
| $14.4M | 0.01% |
1,018,958
+265,460
| +35% | +$4M |
|
1391
FNB Corp
FNB
$6.59B
| $14.4M | 0.01% |
+1,014,935
| New | +$14.3M |
|
1392
HSBC
HSBC
$356B
| $14.4M | 0.01% |
338,827
+22,735
| +7% | +$883K |
|
1393
PUT
Truist Financial
TFC
$61.9B
| $14.3M | 0.01% |
316,000
+79,900
| +34% | +$3.47M |
|
|
CYBR
1394
PUT
DELISTED
CyberArk
CYBR
| $14.3M | 0.01% |
286,700
+35,900
| +14% | +$1.81M |
|
|
CAVM
1395
DELISTED
Cavium, Inc.
CAVM
| $14.3M | 0.01% |
230,458
+221,013
| +2,340% | +$15.4M |
|
1396
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $14.3M | 0.01% |
125,100
+108,800
| +667% | +$12.5M |
|
1397
CALL
Align Technology
ALGN
$11.4B
| $14.3M | 0.01% |
95,100
-34,500
| -27% | -$4.68M |
|
1398
PUT
Huntington Ingalls Industries
HII
$11.6B
| $14.3M | 0.01% |
76,600
-95,000
| -55% | -$18.6M |
|
1399
PUT
Lear
LEA
$8.24B
| $14.2M | 0.01% |
100,100
+46,100
| +85% | +$6.53M |
|
1400
Alcoa
AA
$13.1B
| $14.2M | 0.01% |
434,809
+359,144
| +475% | +$11.7M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.