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 | |
|---|---|---|---|---|---|---|
1401
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $15.6M | 0.01% |
51,850
+810
| +2% | +$204K |
|
1402
PUT
National Beverage
FIZZ
$3.12B
| $15.5M | 0.01% |
250,600
+133,400
| +114% | +$7.4M |
|
1403
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$171M
| $15.5M | 0.01% |
146,900
-29,000
| -16% | -$2.94M |
|
1404
CALL
Boston Beer
SAM
$1.95B
| $15.5M | 0.01% |
99,300
+1,300
| +1% | +$190K |
|
1405
CALL
Check Point Software Technologies
CHKP
$13.2B
| $15.4M | 0.01% |
134,900
-108,500
| -45% | -$11.9M |
|
1406
Lowe's Companies
LOW
$120B
| $15.4M | 0.01% |
192,317
-17,591
| -8% | -$1.35M |
|
1407
CALL
NetApp
NTAP
$36.8B
| $15.4M | 0.01% |
351,100
+82,600
| +31% | +$3.41M |
|
1408
Bunge Global
BG
$21.5B
| $15.3M | 0.01% |
220,959
+101,768
| +85% | +$7.7M |
|
1409
CALL
Tractor Supply
TSCO
$18.4B
| $15.3M | 0.01% |
1,211,500
+335,000
| +38% | +$3.8M |
|
1410
PUT
Realty Income
O
$59.5B
| $15.3M | 0.01% |
276,576
-143,448
| -34% | -$7.97M |
|
1411
Omeros
OMER
$1.4B
| $15.3M | 0.01% |
705,812
+531,661
| +305% | +$11.3M |
|
|
AKS
1412
CALL
DELISTED
AK Steel Holding Corp
AKS
| $15.2M | 0.01% |
2,724,800
-1,309,500
| -32% | -$7.49M |
|
1413
CALL
Hilton Worldwide
HLT
$74.1B
| $15.2M | 0.01% |
219,100
-68,200
| -24% | -$4.35M |
|
1414
PUT
Canadian Natural Resources
CNQ
$102B
| $15.2M | 0.01% |
925,843
-93,115
| -9% | -$1.43M |
|
|
CTRA
1415
PUT
DELISTED
Coterra Energy
CTRA
| $15.2M | 0.01% |
567,200
-455,300
| -45% | -$11.6M |
|
1416
McDonald's
MCD
$190B
| $15.2M | 0.01% |
96,838
-110,404
| -53% | -$17.3M |
|
|
MTOR
1417
CALL
DELISTED
MERITOR, Inc.
MTOR
| $15.2M | 0.01% |
583,100
+321,700
| +123% | +$6.38M |
|
1418
CALL
Eagle Materials
EXP
$6.1B
| $15.1M | 0.01% |
141,700
+118,400
| +508% | +$11.3M |
|
1419
CALL
Shake Shack
SHAK
$2.99B
| $15.1M | 0.01% |
454,400
+78,000
| +21% | +$2.55M |
|
|
SKX
1420
CALL
DELISTED
Skechers
SKX
| $15.1M | 0.01% |
601,500
-341,500
| -36% | -$9.33M |
|
|
FOLD
1421
CALL
DELISTED
Amicus Therapeutics
FOLD
| $15.1M | 0.01% |
999,200
+652,400
| +188% | +$8.63M |
|
1422
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $15.1M | 0.01% |
67,271
+35,455
| +111% | +$7.76M |
|
1423
XPO
XPO
$22.5B
| $15M | 0.01% |
640,701
-1,084,704
| -63% | -$22.7M |
|
1424
CALL
Halozyme
HALO
$12.4B
| $15M | 0.01% |
863,900
-369,100
| -30% | -$5M |
|
|
LVLT
1425
PUT
DELISTED
Level 3 Communications Inc
LVLT
| $15M | 0.01% |
281,500
+66,000
| +31% | +$3.68M |
|
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.