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 | |
|---|---|---|---|---|---|---|
1526
Cleveland-Cliffs
CLF
$6.64B
| $13.2M | 0.01% |
1,851,222
-700,004
| -27% | -$5.23M |
|
1527
PUT
Huntington Ingalls Industries
HII
$11.6B
| $13.2M | 0.01% |
58,300
-18,300
| -24% | -$3.82M |
|
1528
Vodafone
VOD
$36.8B
| $13.2M | 0.01% |
463,399
+10,279
| +2% | +$297K |
|
1529
PUT
Tower Semiconductor
TSEM
$24.4B
| $13.2M | 0.01% |
428,000
-38,600
| -8% | -$1.05M |
|
|
XL
1530
PUT
DELISTED
XL Group Ltd.
XL
| $13.2M | 0.01% |
333,600
+321,300
| +2,612% | +$13.7M |
|
1531
PUT
Lincoln National
LNC
$8.13B
| $13.2M | 0.01% |
179,000
-67,100
| -27% | -$4.73M |
|
|
JUNO
1532
CALL
DELISTED
Juno Therapeutics, Inc.
JUNO
| $13.1M | 0.01% |
293,000
+32,300
| +12% | +$1.1M |
|
1533
PUT
J.M. Smucker
SJM
$14.1B
| $13.1M | 0.01% |
125,100
+60,000
| +92% | +$6.85M |
|
|
ARNA
1534
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $13.1M | 0.01% |
514,300
-24,300
| -5% | -$557K |
|
1535
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.4M
| $13.1M | 0.01% |
100,400
+25,000
| +33% | +$3.19M |
|
1536
CALL
Sociedad Química y Minera de Chile
SQM
$22.4B
| $13.1M | 0.01% |
235,100
+184,600
| +366% | +$8.29M |
|
|
COHR
1537
DELISTED
Coherent Inc
COHR
| $13.1M | 0.01% |
55,607
-82,294
| -60% | -$19.9M |
|
1538
Banco Santander
SAN
$215B
| $13.1M | 0.01% |
1,964,090
-702,362
| -26% | -$4.48M |
|
1539
CALL
Welltower
WELL
$174B
| $12.9M | 0.01% |
184,200
-440,100
| -70% | -$32M |
|
1540
PUT
Diageo
DEO
$52.8B
| $12.9M | 0.01% |
97,700
+2,000
| +2% | +$258K |
|
|
TTM
1541
CALL
DELISTED
Tata Motors Limited
TTM
| $12.9M | 0.01% |
412,600
-86,200
| -17% | -$2.77M |
|
1542
CALL
Unilever
UL
$140B
| $12.9M | 0.01% |
197,689
+16,000
| +9% | +$1.03M |
|
|
TSS
1543
CALL
DELISTED
Total System Services, Inc.
TSS
| $12.9M | 0.01% |
196,400
+73,100
| +59% | +$4.73M |
|
|
JUNO
1544
DELISTED
Juno Therapeutics, Inc.
JUNO
| $12.8M | 0.01% |
285,761
+239,287
| +515% | +$8.16M |
|
1545
PUT
AngloGold Ashanti
AU
$59.9B
| $12.8M | ﹤0.01% |
1,377,200
+566,800
| +70% | +$5.48M |
|
1546
PUT
Canadian Pacific Kansas City
CP
$83B
| $12.8M | ﹤0.01% |
380,000
-400,500
| -51% | -$12.7M |
|
|
USCR
1547
PUT
DELISTED
U S Concrete, Inc.
USCR
| $12.7M | ﹤0.01% |
167,000
+84,200
| +102% | +$6.46M |
|
|
P
1548
CALL
DELISTED
Pandora Media Inc
P
| $12.7M | ﹤0.01% |
1,653,600
-1,396,900
| -46% | -$12M |
|
|
USCR
1549
CALL
DELISTED
U S Concrete, Inc.
USCR
| $12.7M | ﹤0.01% |
166,800
+101,400
| +155% | +$7.78M |
|
1550
PUT
iShares US Transportation ETF
IYT
$2.29B
| $12.7M | ﹤0.01% |
285,200
+170,000
| +148% | +$7.22M |
|
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.