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 | |
|---|---|---|---|---|---|---|
1576
Berkshire Hathaway Class A
BRK.A
$1.08T
| $12.1M | ﹤0.01% |
44
-30
| -41% | -$7.96M |
|
1577
CALL
CoStar Group
CSGP
$13.2B
| $12.1M | ﹤0.01% |
450,000
-200,000
| -31% | -$5.55M |
|
1578
CALL
Lennar Class A
LEN
$21B
| $12M | ﹤0.01% |
239,633
+57,466
| +32% | +$2.87M |
|
|
FITB
1579
PUT
Fifth Third Bancorp
FITB
$50.1B
| $12M | ﹤0.01% |
430,200
+78,500
| +22% | +$2.08M |
|
|
BBBY
1580
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $12M | ﹤0.01% |
512,400
+14,600
| +3% | +$409K |
|
1581
PUT
Impinj
PI
$5B
| $12M | ﹤0.01% |
288,600
+95,500
| +49% | +$4.02M |
|
|
FINL
1582
DELISTED
Finish Line
FINL
| $12M | ﹤0.01% |
997,820
+688,423
| +223% | +$8.22M |
|
|
MRO
1583
DELISTED
Marathon Oil Corporation
MRO
| $11.9M | ﹤0.01% |
881,271
-931,684
| -51% | -$11.1M |
|
1584
HDFC Bank
HDB
$121B
| $11.9M | ﹤0.01% |
494,844
+154,728
| +45% | +$3.68M |
|
1585
CALL
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $11.9M | ﹤0.01% |
264,300
-956,900
| -78% | -$41M |
|
1586
CALL
YPF Sociedad Anonima ADS
YPF
$19.6B
| $11.9M | ﹤0.01% |
534,600
+125,000
| +31% | +$2.58M |
|
1587
PUT
Cheniere Energy
CQP
$33.1B
| $11.9M | ﹤0.01% |
412,700
-71,600
| -15% | -$2.07M |
|
1588
PUT
Ventas
VTR
$48.3B
| $11.9M | ﹤0.01% |
182,300
+73,000
| +67% | +$4.92M |
|
|
LLL
1589
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $11.9M | ﹤0.01% |
63,000
+33,800
| +116% | +$6.07M |
|
|
XEC
1590
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $11.9M | ﹤0.01% |
104,400
+64,800
| +164% | +$6.47M |
|
1591
CALL
Post Holdings
POST
$3.74B
| $11.8M | ﹤0.01% |
205,058
-12,835
| -6% | -$703K |
|
1592
CALL
Franco-Nevada
FNV
$51.5B
| $11.8M | ﹤0.01% |
152,700
-74,100
| -33% | -$5.69M |
|
1593
CALL
LKQ Corp
LKQ
$6.49B
| $11.8M | ﹤0.01% |
328,700
+213,000
| +184% | +$7.26M |
|
|
EQM
1594
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $11.8M | ﹤0.01% |
157,700
+97,700
| +163% | +$7.35M |
|
1595
Lumen
LUMN
$6.11B
| $11.8M | ﹤0.01% |
624,938
+503,338
| +414% | +$10.6M |
|
|
CSOD
1596
PUT
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $11.8M | ﹤0.01% |
290,800
+268,900
| +1,228% | +$9.94M |
|
1597
Valero Energy
VLO
$97.7B
| $11.8M | ﹤0.01% |
153,300
+81,358
| +113% | +$5.6M |
|
1598
PUT
Mettler-Toledo International
MTD
$28.1B
| $11.8M | ﹤0.01% |
18,800
-3,300
| -15% | -$1.98M |
|
1599
Vulcan Materials
VMC
$35.8B
| $11.8M | ﹤0.01% |
98,379
+69,375
| +239% | +$8.33M |
|
|
ALR
1600
PUT
DELISTED
Alere Inc
ALR
| $11.7M | ﹤0.01% |
230,400
+31,000
| +16% | +$1.55M |
|
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.