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 | |
|---|---|---|---|---|---|---|
1576
CALL
Textron
TXT
$14.1B
| $10.5M | 0.01% |
220,300
-17,100
| -7% | -$825K |
|
|
WRK
1577
CALL
DELISTED
WestRock Company
WRK
| $10.5M | 0.01% |
201,100
+400
| +0.2% | +$21.1K |
|
|
DB.RT
1578
DELISTED
Deutsche Bank Aktiengesellschaft
DB.RT
| $10.5M | 0.01% |
+4,432,441
| New | +$10.1M |
|
1579
PUT
Omega Healthcare
OHI
$14.2B
| $10.5M | 0.01% |
316,800
+134,600
| +74% | +$4.32M |
|
1580
PUT
Radware
RDWR
$1.17B
| $10.4M | 0.01% |
645,900
-38,000
| -6% | -$584K |
|
1581
PUT
Banc of California
BANC
$2.95B
| $10.4M | 0.01% |
504,000
-504,900
| -50% | -$9.39M |
|
1582
Adient
ADNT
$1.44B
| $10.4M | 0.01% |
143,546
+78,707
| +121% | +$5.17M |
|
1583
NetApp
NTAP
$36.8B
| $10.4M | 0.01% |
248,971
+189,271
| +317% | +$7.46M |
|
|
COL
1584
PUT
DELISTED
Rockwell Collins
COL
| $10.4M | 0.01% |
107,200
-266,600
| -71% | -$25.1M |
|
1585
Sunoco
SUN
$14.1B
| $10.4M | 0.01% |
430,631
-40,870
| -9% | -$1.08M |
|
|
DATA
1586
DELISTED
Tableau Software, Inc.
DATA
| $10.4M | 0.01% |
209,388
+91,612
| +78% | +$4.53M |
|
1587
PUT
Hasbro
HAS
$13.6B
| $10.4M | 0.01% |
103,900
-62,500
| -38% | -$5.79M |
|
1588
CALL
Veeva Systems
VEEV
$40.4B
| $10.4M | 0.01% |
202,200
-174,700
| -46% | -$7.85M |
|
1589
PUT
SM Energy
SM
$8.49B
| $10.3M | 0.01% |
430,500
-49,300
| -10% | -$1.37M |
|
|
CMA
1590
PUT
DELISTED
Comerica
CMA
| $10.3M | 0.01% |
150,600
-183,700
| -55% | -$12.8M |
|
1591
CALL
AerCap
AER
$23.2B
| $10.3M | 0.01% |
224,400
-174,500
| -44% | -$7.81M |
|
1592
PUT
Mohawk Industries
MHK
$9.06B
| $10.3M | 0.01% |
44,900
-86,100
| -66% | -$18.9M |
|
1593
PUT
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $10.3M | 0.01% |
239,600
-234,400
| -49% | -$10.3M |
|
|
SAVE
1594
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $10.3M | 0.01% |
193,800
-93,000
| -32% | -$4.97M |
|
|
STMP
1595
CALL
DELISTED
Stamps.com, Inc.
STMP
| $10.3M | 0.01% |
86,800
+43,200
| +99% | +$5.34M |
|
|
HA
1596
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $10.3M | 0.01% |
221,100
+167,000
| +309% | +$8.54M |
|
1597
CALL
Aon
AON
$75.3B
| $10.3M | 0.01% |
86,500
+53,800
| +165% | +$6.21M |
|
1598
PUT
JetBlue
JBLU
$1.92B
| $10.3M | 0.01% |
498,100
+119,700
| +32% | +$2.44M |
|
1599
CALL
Marvell Technology
MRVL
$216B
| $10.2M | 0.01% |
671,600
-92,200
| -12% | -$1.42M |
|
|
ARCH
1600
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $10.2M | 0.01% |
148,500
-24,100
| -14% | -$1.71M |
|
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.