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 | |
|---|---|---|---|---|---|---|
1501
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.26B
| $13.7M | 0.01% |
+168,903
| New | +$13.6M |
|
|
AMJ
1502
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $13.7M | 0.01% |
485,400
+184,200
| +61% | +$5.3M |
|
1503
PUT
VeriSign
VRSN
$26.6B
| $13.7M | 0.01% |
128,700
+34,600
| +37% | +$3.48M |
|
|
GGP
1504
PUT
DELISTED
GGP Inc.
GGP
| $13.7M | 0.01% |
657,700
-109,300
| -14% | -$2.39M |
|
|
TFCFA
1505
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $13.6M | 0.01% |
516,500
+127,300
| +33% | +$3.51M |
|
1506
CALL
Raymond James Financial
RJF
$33.6B
| $13.6M | 0.01% |
242,100
-103,800
| -30% | -$5.6M |
|
|
BZUN
1507
Baozun
BZUN
$165M
| $13.6M | 0.01% |
415,456
+258,436
| +165% | +$8.17M |
|
1508
CALL
Trinity Industries
TRN
$2.36B
| $13.6M | 0.01% |
592,547
-834
| -0.1% | -$17.2K |
|
|
OPLN
1509
CALL
Openlane
OPLN
$4.19B
| $13.6M | 0.01% |
+752,177
| New | +$12.4M |
|
1510
CALL
Bread Financial
BFH
$4.14B
| $13.6M | 0.01% |
76,684
+17,793
| +30% | +$3.3M |
|
|
ZIONZ
1511
DELISTED
Zions Bancorporation N.A. Warrants
ZIONZ
| $13.5M | 0.01% |
1,167,000
| – | – |
|
1512
PUT
Wolfspeed
WOLF
$1.31B
| $13.5M | 0.01% |
480,500
+173,700
| +57% | +$4.32M |
|
1513
PUT
Baxter International
BAX
$13.6B
| $13.5M | 0.01% |
215,000
-24,100
| -10% | -$1.49M |
|
1514
PUT
JetBlue
JBLU
$1.92B
| $13.4M | 0.01% |
724,900
+352,200
| +94% | +$7.38M |
|
1515
SLB Ltd
SLB
$79.1B
| $13.4M | 0.01% |
192,520
-644,766
| -77% | -$42.6M |
|
1516
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $13.4M | 0.01% |
114,700
-10,400
| -8% | -$1.2M |
|
1517
CALL
National Beverage
FIZZ
$3.12B
| $13.3M | 0.01% |
215,000
+135,600
| +171% | +$7.52M |
|
1518
PUT
Lennar Class A
LEN
$21.1B
| $13.3M | 0.01% |
265,057
-110,308
| -29% | -$5.5M |
|
|
LSXMK
1519
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $13.3M | 0.01% |
417,487
+10,690
| +3% | +$348K |
|
|
TFCF
1520
PUT
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $13.3M | 0.01% |
515,700
+208,100
| +68% | +$5.65M |
|
|
ALR
1521
DELISTED
Alere Inc
ALR
| $13.3M | 0.01% |
260,770
+124,627
| +92% | +$6.22M |
|
1522
Newell Brands
NWL
$2.53B
| $13.3M | 0.01% |
311,148
+238,961
| +331% | +$11.7M |
|
1523
PUT
Estee Lauder
EL
$37.9B
| $13.3M | 0.01% |
123,100
-27,000
| -18% | -$2.77M |
|
1524
CALL
Canadian Imperial Bank of Commerce
CM
$105B
| $13.3M | 0.01% |
303,000
-170,000
| -36% | -$7.28M |
|
1525
CALL
Canadian National Railway
CNI
$76.9B
| $13.2M | 0.01% |
159,800
-114,800
| -42% | -$9.31M |
|
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.