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 | |
|---|---|---|---|---|---|---|
|
CRC
1601
CALL
DELISTED
California Resources Corporation
CRC
| $10.2M | 0.01% |
680,500
-211,000
| -24% | -$3.87M |
|
1602
iShares Core S&P Small-Cap ETF
IJR
$111B
| $10.2M | 0.01% |
+147,925
| New | +$10.2M |
|
1603
PUT
Henry Schein
HSIC
$9.99B
| $10.2M | 0.01% |
153,255
-155,805
| -50% | -$10.1M |
|
1604
iShares International Treasury Bond ETF
IGOV
$1.56B
| $10.2M | 0.01% |
223,116
-134,514
| -38% | -$6.09M |
|
1605
PUT
Icahn Enterprises
IEP
$4.72B
| $10.2M | 0.01% |
198,900
+75,200
| +61% | +$4.24M |
|
1606
CALL
VeriSign
VRSN
$26.6B
| $10.2M | 0.01% |
117,000
+7,100
| +6% | +$590K |
|
1607
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$528M
| $10.2M | 0.01% |
242,034
+184,040
| +317% | +$7.63M |
|
1608
PUT
Baxter International
BAX
$13.6B
| $10.2M | 0.01% |
196,100
-279,200
| -59% | -$13.7M |
|
1609
Southwest Airlines
LUV
$20B
| $10.2M | 0.01% |
189,115
+151,056
| +397% | +$8.12M |
|
1610
Workday
WDAY
$48B
| $10.2M | 0.01% |
+121,933
| New | +$10.1M |
|
|
LTRPA
1611
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.2M | 0.01% |
720,034
+35,288
| +5% | +$555K |
|
|
SHPG
1612
DELISTED
Shire pic
SHPG
| $10.2M | 0.01% |
58,268
+45,445
| +354% | +$7.94M |
|
1613
CALL
Zimmer Biomet
ZBH
$19.1B
| $10.1M | 0.01% |
85,490
+11,948
| +16% | +$1.35M |
|
1614
PUT
SAP
SAP
$250B
| $10.1M | 0.01% |
102,900
+83,700
| +436% | +$7.78M |
|
|
SMC
1615
PUT
Summit Midstream
SMC
$462M
| $10.1M | 0.01% |
28,007
+27,054
| +2,839% | +$9.79M |
|
|
AXON
1616
PUT
Axon Enterprise
AXON
$49.8B
| $10.1M | 0.01% |
441,200
-160,400
| -27% | -$3.94M |
|
1617
PUT
Albemarle
ALB
$15.7B
| $10M | 0.01% |
95,000
+26,800
| +39% | +$2.61M |
|
1618
CALL
KB Home
KBH
$3.5B
| $10M | 0.01% |
504,500
+90,200
| +22% | +$1.58M |
|
|
JOYY
1619
CALL
JOYY Inc
JOYY
$3.78B
| $10M | 0.01% |
217,200
-343,600
| -61% | -$15.2M |
|
|
SRG
1620
PUT
Seritage Growth Properties
SRG
$119M
| $9.97M | 0.01% |
231,100
-59,800
| -21% | -$2.6M |
|
1621
Bath & Body Works
BBWI
$3.54B
| $9.97M | 0.01% |
261,868
+223,813
| +588% | +$10.1M |
|
1622
PUT
ICICI Bank
IBN
$109B
| $9.96M | 0.01% |
1,274,350
-274,450
| -18% | -$2.05M |
|
1623
PUT
Paychex
PAYX
$44.5B
| $9.95M | 0.01% |
169,000
+35,200
| +26% | +$2.14M |
|
1624
CALL
Fortive
FTV
$18B
| $9.95M | 0.01% |
261,968
+225,337
| +615% | +$8.08M |
|
|
1625
ICICI Bank
IBN
$109B
| $9.95M | 0.01% |
1,272,482
-670,570
| -35% | -$5.01M |
|
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.