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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
CALL
Cullen/Frost Bankers
CFR
$10.1B
| $11.4M | 0.01% |
121,800
+81,900
| +205% | +$7.55M |
|
1577
PUT
FMC
FMC
$1.39B
| $11.4M | 0.01% |
180,445
-154,847
| -46% | -$9.97M |
|
|
VAR
1578
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
| $11.4M | 0.01% |
110,000
+73,000
| +197% | +$7.03M |
|
|
EA
1579
DELISTED
Electronic Arts
EA
| $11.3M | 0.01% |
107,301
-99,439
| -48% | -$10.2M |
|
1580
CALL
KKR & Co
KKR
$97.4B
| $11.3M | 0.01% |
607,300
-1,709,300
| -74% | -$31.3M |
|
1581
PUT
Essex Property Trust
ESS
$18.5B
| $11.3M | 0.01% |
43,900
+4,700
| +12% | +$1.18M |
|
1582
PUT
ProShares UltraPro S&P 500
UPRO
$5.5B
| $11.3M | 0.01% |
651,600
-663,000
| -50% | -$11.1M |
|
1583
PUT
Stratasys
SSYS
$694M
| $11.3M | 0.01% |
483,700
+106,400
| +28% | +$2.74M |
|
1584
PUT
Southern Company
SO
$103B
| $11.3M | ﹤0.01% |
235,000
-67,600
| -22% | -$3.39M |
|
1585
CALL
Canadian Natural Resources
CNQ
$102B
| $11.2M | ﹤0.01% |
795,359
+226,049
| +40% | +$3.4M |
|
1586
Vanguard International High Dividend Yield ETF
VYMI
$21.5B
| $11.2M | ﹤0.01% |
179,573
+153,589
| +591% | +$9.54M |
|
1587
PUT
Precigen
PGEN
$2.66B
| $11.2M | ﹤0.01% |
465,000
-21,800
| -4% | -$478K |
|
1588
PUT
Bread Financial
BFH
$4.13B
| $11.2M | ﹤0.01% |
54,631
-16,414
| -23% | -$3.26M |
|
1589
PUT
Centene
CNC
$32.3B
| $11.2M | ﹤0.01% |
279,800
-207,600
| -43% | -$7.84M |
|
1590
CALL
Nokia
NOK
$58.1B
| $11.2M | ﹤0.01% |
1,812,800
-276,000
| -13% | -$1.66M |
|
1591
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $11.2M | ﹤0.01% |
105,900
+26,900
| +34% | +$2.77M |
|
1592
PUT
C.H. Robinson
CHRW
$17.7B
| $11.1M | ﹤0.01% |
162,300
+127,600
| +368% | +$9.04M |
|
1593
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.2B
| $11.1M | ﹤0.01% |
418,534
+233,668
| +126% | +$6.21M |
|
1594
CALL
Norwegian Cruise Line
NCLH
$7.85B
| $11.1M | ﹤0.01% |
205,200
+80,700
| +65% | +$4.17M |
|
1595
PUT
Tower Semiconductor
TSEM
$25B
| $11.1M | ﹤0.01% |
466,600
+260,300
| +126% | +$6.14M |
|
1596
PUT
MasTec
MTZ
$20B
| $11.1M | ﹤0.01% |
246,000
+95,800
| +64% | +$4.14M |
|
|
DCH
1597
PUT
Dauch Corp
DCH
$1.52B
| $11.1M | ﹤0.01% |
710,400
-1,702,200
| -71% | -$27.7M |
|
1598
CALL
Post Holdings
POST
$3.72B
| $11.1M | ﹤0.01% |
217,893
-253,342
| -54% | -$13.7M |
|
1599
CALL
Unilever
UL
$140B
| $11.1M | ﹤0.01% |
181,689
-249,867
| -58% | -$14.9M |
|
1600
CALL
S&P Global
SPGI
$129B
| $11.1M | ﹤0.01% |
75,700
+4,300
| +6% | +$597K |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.