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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RSX
1551
CALL
DELISTED
VanEck Russia ETF
RSX
| $10.7M | 0.01% |
517,600
+214,500
| +71% | +$4.52M |
|
1552
CF Industries
CF
$19.3B
| $10.7M | 0.01% |
363,810
+165,068
| +83% | +$5.38M |
|
|
MIC
1553
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $10.7M | 0.01% |
132,300
+56,100
| +74% | +$4.44M |
|
|
CUK
1554
DELISTED
Carnival PLC
CUK
| $10.7M | 0.01% |
184,079
-65,625
| -26% | -$3.6M |
|
|
PTLA
1555
PUT
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $10.7M | 0.01% |
271,900
+82,400
| +43% | +$2.62M |
|
|
FITB
1556
PUT
Fifth Third Bancorp
FITB
$49.8B
| $10.6M | 0.01% |
419,200
+201,100
| +92% | +$5.36M |
|
1557
CALL
LendingTree
TREE
$429M
| $10.6M | 0.01% |
84,900
-2,200
| -3% | -$251K |
|
1558
CALL
Diamondback Energy
FANG
$56B
| $10.6M | 0.01% |
102,600
-145,800
| -59% | -$15M |
|
1559
Omega Healthcare
OHI
$14.2B
| $10.6M | 0.01% |
322,581
-792
| -0.2% | -$25.4K |
|
1560
CALL
International Flavors & Fragrances
IFF
$22.2B
| $10.6M | 0.01% |
80,100
+54,000
| +207% | +$6.63M |
|
|
OCLR
1561
DELISTED
Oclaro Inc.
OCLR
| $10.6M | 0.01% |
1,080,262
+932,331
| +630% | +$8.76M |
|
1562
CALL
Ball Corp
BALL
$17B
| $10.6M | 0.01% |
285,600
-112,600
| -28% | -$4.2M |
|
|
EXAS
1563
CALL
DELISTED
Exact Sciences
EXAS
| $10.6M | 0.01% |
448,900
+287,700
| +178% | +$5.7M |
|
|
ZIONZ
1564
DELISTED
Zions Bancorporation N.A. Warrants
ZIONZ
| $10.6M | 0.01% |
1,167,000
| – | – |
|
1565
CALL
ASML
ASML
$670B
| $10.6M | 0.01% |
79,700
+30,200
| +61% | +$3.71M |
|
1566
Chemours
CC
$2.37B
| $10.6M | 0.01% |
274,928
+185,534
| +208% | +$5.58M |
|
1567
CALL
ProShares Short S&P500
SH
$830M
| $10.6M | 0.01% |
76,575
-950
| -1% | -$134K |
|
1568
PUT
Truist Financial
TFC
$61.4B
| $10.6M | 0.01% |
236,100
-212,400
| -47% | -$9.92M |
|
1569
CALL
Toll Brothers
TOL
$13.9B
| $10.5M | 0.01% |
292,000
-183,800
| -39% | -$6.13M |
|
|
JUNO
1570
PUT
DELISTED
Juno Therapeutics, Inc.
JUNO
| $10.5M | 0.01% |
474,400
-428,700
| -47% | -$9.2M |
|
1571
PUT
American Electric Power
AEP
$66.8B
| $10.5M | 0.01% |
156,700
+51,900
| +50% | +$3.36M |
|
|
SNI
1572
PUT
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $10.5M | 0.01% |
134,200
-34,300
| -20% | -$2.65M |
|
1573
PUT
Papa John's
PZZA
$794M
| $10.5M | 0.01% |
131,300
+91,200
| +227% | +$7.42M |
|
1574
PUT
Nexstar Media Group
NXST
$5.83B
| $10.5M | 0.01% |
149,500
+103,300
| +224% | +$6.92M |
|
1575
TAL Education Group
TAL
$6.43B
| $10.5M | 0.01% |
+590,358
| New | +$8.56M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $13.1B in Q1 2017, closing 2,170 positions and reducing 3,725 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.