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 | |
|---|---|---|---|---|---|---|
126
Meta Platforms (Facebook)
META
$1.4T
| $296M | 0.13% |
1,962,034
-1,077,253
| -35% | -$160M |
|
127
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $294M | 0.13% |
7,412,400
-9,863,600
| -57% | -$387M |
|
128
CALL
Wells Fargo
WFC
$254B
| $293M | 0.13% |
5,291,500
-2,313,500
| -30% | -$124M |
|
129
PUT
Western Digital
WDC
$166B
| $291M | 0.13% |
4,352,141
+753,184
| +21% | +$50M |
|
130
CALL
Gilead Sciences
GILD
$181B
| $288M | 0.13% |
4,062,500
+635,200
| +19% | +$42.3M |
|
131
PUT
General Motors
GM
$77.2B
| $287M | 0.13% |
8,208,500
+2,528,600
| +45% | +$85.9M |
|
132
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $285M | 0.13% |
897,600
+258,000
| +40% | +$81.2M |
|
133
CALL
United States Oil Fund
USO
$2.24B
| $283M | 0.12% |
3,717,775
+1,695,675
| +84% | +$136M |
|
134
CALL
Coca-Cola
KO
$392B
| $282M | 0.12% |
6,298,500
+408,600
| +7% | +$18.1M |
|
|
AABA
135
PUT
DELISTED
Altaba Inc
AABA
| $280M | 0.12% |
+5,137,600
| New | +$280M |
|
136
PUT
Merck
MRK
$376B
| $277M | 0.12% |
4,523,692
+1,116,225
| +33% | +$67.9M |
|
137
CALL
Verizon
VZ
$205B
| $276M | 0.12% |
5,933,600
+959,600
| +19% | +$44.7M |
|
|
138
PUT
Verizon
VZ
$205B
| $274M | 0.12% |
5,875,500
-1,002,100
| -15% | -$46.7M |
|
139
PUT
Chevron
CVX
$403B
| $273M | 0.12% |
2,614,200
+17,400
| +0.7% | +$1.84M |
|
|
140
CALL
Chevron
CVX
$403B
| $271M | 0.12% |
2,594,500
-484,000
| -16% | -$51.3M |
|
|
141
CALL
General Motors
GM
$77.2B
| $266M | 0.12% |
7,628,400
+1,728,800
| +29% | +$58.7M |
|
142
CALL
GE Aerospace
GE
$361B
| $265M | 0.12% |
2,048,540
-469,949
| -19% | -$64.4M |
|
143
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $265M | 0.12% |
3,435,200
+423,500
| +14% | +$30M |
|
144
CALL
Goldman Sachs
GS
$303B
| $265M | 0.12% |
1,193,600
-157,500
| -12% | -$35M |
|
145
CALL
NXP Semiconductors
NXPI
$56.9B
| $265M | 0.12% |
2,417,900
+799,200
| +49% | +$85.6M |
|
146
PUT
Comcast
CMCSA
$95.3B
| $263M | 0.12% |
6,745,600
+1,966,600
| +41% | +$77.5M |
|
|
MON
147
PUT
DELISTED
Monsanto Co
MON
| $261M | 0.11% |
2,202,500
+287,700
| +15% | +$33.6M |
|
148
CALL
Micron Technology
MU
$1.09T
| $260M | 0.11% |
8,717,500
+134,100
| +2% | +$3.92M |
|
149
PUT
Palo Alto Networks
PANW
$292B
| $260M | 0.11% |
11,671,800
-1,775,400
| -13% | -$35.9M |
|
150
PUT
NetEase
NTES
$82.1B
| $258M | 0.11% |
4,298,500
+1,217,000
| +39% | +$69.8M |
|
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.