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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
ExxonMobil
XOM
$679B
| $338M | 0.12% |
4,044,300
-228,600
| -5% | -$18.9M |
|
127
PUT
Morgan Stanley
MS
$336B
| $335M | 0.12% |
6,375,100
-34,900
| -0.5% | -$1.76M |
|
128
PUT
UnitedHealth
UNH
$350B
| $333M | 0.12% |
1,510,700
-33,300
| -2% | -$7.06M |
|
129
PUT
Johnson & Johnson
JNJ
$651B
| $332M | 0.12% |
2,378,100
-481,200
| -17% | -$67M |
|
130
PUT
Bristol-Myers Squibb
BMY
$137B
| $331M | 0.12% |
5,396,100
+210,200
| +4% | +$13.1M |
|
131
PUT
Cummins
CMI
$80.9B
| $330M | 0.12% |
1,870,700
+1,348,400
| +258% | +$231M |
|
132
PUT
NXP Semiconductors
NXPI
$56.9B
| $330M | 0.12% |
2,817,900
+333,800
| +13% | +$38.6M |
|
133
PUT
Altria Group
MO
$110B
| $327M | 0.12% |
4,575,300
+1,608,200
| +54% | +$108M |
|
134
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $327M | 0.12% |
2,195,450
+19,050
| +0.9% | +$2.65M |
|
135
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $323M | 0.11% |
11,556,100
-743,000
| -6% | -$20M |
|
136
PUT
Comcast
CMCSA
$95.3B
| $322M | 0.11% |
8,036,400
+2,449,000
| +44% | +$92.1M |
|
|
AGN
137
CALL
DELISTED
Allergan plc
AGN
| $319M | 0.11% |
1,947,700
+335,500
| +21% | +$60.2M |
|
138
CALL
Chevron
CVX
$403B
| $318M | 0.11% |
2,543,900
-673,900
| -21% | -$79.9M |
|
|
139
CALL
NXP Semiconductors
NXPI
$56.9B
| $316M | 0.11% |
2,699,700
+203,400
| +8% | +$23.5M |
|
140
PUT
SPDR Gold Trust
GLD
$152B
| $314M | 0.11% |
2,539,400
-1,678,900
| -40% | -$204M |
|
141
PUT
Starbucks
SBUX
$122B
| $313M | 0.11% |
5,443,400
-1,644,900
| -23% | -$93.1M |
|
142
CALL
DuPont de Nemours
DD
$18.7B
| $312M | 0.11% |
1,730,290
+94,653
| +6% | +$17M |
|
|
143
Union Pacific
UNP
$183B
| $312M | 0.11% |
+2,326,570
| New | +$281M |
|
144
CALL
Coca-Cola
KO
$392B
| $311M | 0.11% |
6,769,200
+981,900
| +17% | +$45.1M |
|
|
XYZ
145
PUT
Block Inc
XYZ
$49.4B
| $310M | 0.11% |
8,932,700
+7,259,400
| +434% | +$266M |
|
146
PUT
Nike
NKE
$60.5B
| $308M | 0.11% |
4,930,200
-896,200
| -15% | -$51.5M |
|
147
PUT
AB InBev
BUD
$155B
| $308M | 0.11% |
2,760,300
+140,700
| +5% | +$16.6M |
|
148
PUT
Visa
V
$693B
| $307M | 0.11% |
2,691,000
+16,900
| +0.6% | +$1.87M |
|
149
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $306M | 0.11% |
3,776,500
+1,265,300
| +50% | +$103M |
|
150
PUT
Walmart Inc
WMT
$825B
| $303M | 0.11% |
9,203,100
-3,587,700
| -28% | -$110M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.