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 | |
|---|---|---|---|---|---|---|
1476
CALL
Omnicom Group
OMC
$24.2B
| $14.1M | 0.01% |
190,600
+42,900
| +29% | +$3.31M |
|
1477
PUT
Lamar Advertising Co
LAMR
$15.4B
| $14.1M | 0.01% |
206,000
+192,300
| +1,404% | +$13M |
|
|
FNSR
1478
DELISTED
Finisar Corp
FNSR
| $14.1M | 0.01% |
636,793
+226,357
| +55% | +$5.54M |
|
1479
CALL
Labcorp
LH
$27.4B
| $14.1M | 0.01% |
108,834
+39,925
| +58% | +$5.33M |
|
|
1480
PUT
Labcorp
LH
$27.4B
| $14.1M | 0.01% |
108,485
+82,295
| +314% | +$11M |
|
|
WUBA
1481
CALL
DELISTED
58.com Inc
WUBA
| $14.1M | 0.01% |
222,700
+34,900
| +19% | +$1.98M |
|
1482
PUT
Sprouts Farmers Market
SFM
$8.01B
| $14M | 0.01% |
746,100
+286,500
| +62% | +$6.34M |
|
1483
PUT
Plains All American Pipeline
PAA
$17.4B
| $14M | 0.01% |
660,700
-1,933,200
| -75% | -$44.7M |
|
|
CHK
1484
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $14M | 0.01% |
16,270
+7,788
| +92% | +$6.69M |
|
|
LSI
1485
DELISTED
Life Storage, Inc.
LSI
| $14M | 0.01% |
256,011
+5,118
| +2% | +$257K |
|
|
DCH
1486
CALL
Dauch Corp
DCH
$1.53B
| $14M | 0.01% |
793,800
+644,800
| +433% | +$9.91M |
|
1487
CALL
SL Green Realty
SLG
$4.24B
| $13.9M | 0.01% |
141,936
+64,563
| +83% | +$6.26M |
|
|
SCHW
1488
PUT
Charles Schwab
SCHW
$194B
| $13.9M | 0.01% |
317,400
+29,100
| +10% | +$1.21M |
|
1489
CALL
Acuity Brands
AYI
$10.2B
| $13.9M | 0.01% |
81,000
-8,300
| -9% | -$1.55M |
|
1490
Cognex
CGNX
$10.1B
| $13.9M | 0.01% |
251,580
+62,798
| +33% | +$3.19M |
|
1491
iShares MSCI Spain ETF
EWP
$2.27B
| $13.8M | 0.01% |
410,331
+375,609
| +1,082% | +$12.6M |
|
1492
Trade Desk
TTD
$6.23B
| $13.8M | 0.01% |
2,250,720
+1,873,560
| +497% | +$10.1M |
|
1493
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.8B
| $13.8M | 0.01% |
+267,890
| New | +$13.8M |
|
|
AVB
1494
CALL
DELISTED
AvalonBay Communities
AVB
| $13.8M | 0.01% |
77,500
-60,500
| -44% | -$11.3M |
|
1495
CALL
iShares Select Dividend ETF
DVY
$23.9B
| $13.8M | 0.01% |
147,600
+9,900
| +7% | +$916K |
|
|
FIT
1496
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $13.8M | 0.01% |
1,982,800
+818,300
| +70% | +$4.76M |
|
1497
Textron
TXT
$14.1B
| $13.8M | 0.01% |
+255,609
| New | +$12.7M |
|
1498
CVS Health
CVS
$119B
| $13.8M | 0.01% |
169,252
+46,459
| +38% | +$3.68M |
|
1499
CALL
Intercontinental Exchange
ICE
$90.8B
| $13.8M | 0.01% |
200,200
-22,800
| -10% | -$1.5M |
|
1500
PUT
Nutanix
NTNX
$18B
| $13.7M | 0.01% |
613,800
+150,900
| +33% | +$3.3M |
|
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.