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 | |
|---|---|---|---|---|---|---|
1451
PUT
Pultegroup
PHM
$24.9B
| $12M | 0.01% |
510,600
-1,162,100
| -69% | -$25M |
|
|
RUSL
1452
CALL
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $12M | 0.01% |
267,000
-21,200
| -7% | -$1.03M |
|
1453
Liberty Global Class A
LBTYA
$3.68B
| $12M | 0.01% |
+334,383
| New | +$11.8M |
|
1454
iShares Russell 1000 ETF
IWB
$48.9B
| $12M | 0.01% |
91,239
-60,411
| -40% | -$7.82M |
|
1455
CALL
Chord Energy
CHRD
$7.7B
| $12M | 0.01% |
838,200
-369,200
| -31% | -$5.2M |
|
|
GBT
1456
CALL
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $11.9M | 0.01% |
324,200
+291,700
| +898% | +$7.35M |
|
1457
CALL
Melco Resorts & Entertainment
MLCO
$2.08B
| $11.9M | 0.01% |
643,000
-752,300
| -54% | -$12.9M |
|
1458
CALL
ScottsMiracle-Gro
SMG
$3.65B
| $11.9M | 0.01% |
127,200
+36,200
| +40% | +$3.36M |
|
|
TWX
1459
DELISTED
Time Warner Inc
TWX
| $11.9M | 0.01% |
121,502
+116,264
| +2,220% | +$11.3M |
|
1460
ProShares Ultra Bloomberg Crude Oil
UCO
$375M
| $11.8M | 0.01% |
99,689
+31,351
| +46% | +$4.06M |
|
1461
Incyte
INCY
$26.3B
| $11.8M | 0.01% |
+88,327
| New | +$11.2M |
|
|
HK
1462
DELISTED
Halcon Resources Corporation
HK
| $11.8M | 0.01% |
1,533,376
+280,168
| +22% | +$2.36M |
|
1463
PUT
Community Health Systems
CYH
$419M
| $11.8M | 0.01% |
1,331,000
-206,900
| -13% | -$1.61M |
|
1464
CALL
Banc of California
BANC
$2.95B
| $11.8M | 0.01% |
568,600
+513,200
| +926% | +$9.55M |
|
|
CY
1465
PUT
DELISTED
Cypress Semiconductor
CY
| $11.8M | 0.01% |
854,500
-510,100
| -37% | -$6.52M |
|
|
NE
1466
CALL
DELISTED
Noble Corporation
NE
| $11.7M | 0.01% |
1,898,100
+1,043,600
| +122% | +$7.02M |
|
|
MRSH
1467
CALL
Marsh
MRSH
$92.3B
| $11.7M | 0.01% |
158,900
+27,600
| +21% | +$1.97M |
|
1468
CALL
Delek US
DK
$4.14B
| $11.7M | 0.01% |
483,500
+428,200
| +774% | +$10.2M |
|
1469
CALL
Williams-Sonoma
WSM
$27.6B
| $11.7M | 0.01% |
437,000
-1,400
| -0.3% | -$34.1K |
|
1470
PUT
Nu Skin
NUS
$236M
| $11.7M | 0.01% |
210,500
+39,700
| +23% | +$2.04M |
|
|
SNI
1471
CALL
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $11.7M | 0.01% |
148,900
+83,700
| +128% | +$6.47M |
|
1472
HSBC
HSBC
$358B
| $11.7M | 0.01% |
316,092
+160,212
| +103% | +$6.02M |
|
1473
CALL
iShares US Transportation ETF
IYT
$2.28B
| $11.6M | 0.01% |
284,000
+85,600
| +43% | +$3.56M |
|
1474
Madison Square Garden
MSGS
$9.8B
| $11.6M | 0.01% |
81,552
+51,464
| +171% | +$6.7M |
|
1475
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $11.6M | 0.01% |
129,100
+38,000
| +42% | +$3.37M |
|
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.