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 | |
|---|---|---|---|---|---|---|
1601
Veeva Systems
VEEV
$39.9B
| $11.7M | ﹤0.01% |
207,949
+193,966
| +1,387% | +$11.8M |
|
1602
CALL
Vail Resorts
MTN
$5.25B
| $11.7M | ﹤0.01% |
51,400
+48,800
| +1,877% | +$10.6M |
|
|
MNK
1603
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $11.7M | ﹤0.01% |
313,612
+304,612
| +3,385% | +$12.1M |
|
1604
CALL
Cardinal Health
CAH
$55.2B
| $11.7M | ﹤0.01% |
174,900
-172,200
| -50% | -$12.2M |
|
1605
PUT
Omnicom Group
OMC
$24B
| $11.7M | ﹤0.01% |
158,000
+48,900
| +45% | +$3.77M |
|
|
RUSL
1606
CALL
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $11.7M | ﹤0.01% |
222,900
+77,000
| +53% | +$3.26M |
|
1607
CALL
Snap-on
SNA
$20.7B
| $11.7M | ﹤0.01% |
78,500
+17,000
| +28% | +$2.55M |
|
1608
CALL
Molina Healthcare
MOH
$10.8B
| $11.6M | ﹤0.01% |
169,300
+150,100
| +782% | +$9.77M |
|
|
GRMN
1609
PUT
Garmin
GRMN
$55.4B
| $11.6M | ﹤0.01% |
215,100
+5,900
| +3% | +$305K |
|
1610
PUT
S&P Global
SPGI
$129B
| $11.6M | ﹤0.01% |
74,200
+43,900
| +145% | +$6.67M |
|
1611
Teck Resources
TECK
$35.2B
| $11.6M | ﹤0.01% |
548,990
-477
| -0.1% | -$10.4K |
|
1612
CALL
Citizens Financial Group
CFG
$29.7B
| $11.6M | ﹤0.01% |
305,400
-149,400
| -33% | -$5.23M |
|
1613
CALL
Stanley Black & Decker
SWK
$15B
| $11.6M | ﹤0.01% |
76,600
+7,200
| +10% | +$1.04M |
|
1614
CALL
Vipshop
VIPS
$6.61B
| $11.5M | ﹤0.01% |
1,313,100
-86,700
| -6% | -$902K |
|
1615
CALL
Southern Copper
SCCO
$186B
| $11.5M | ﹤0.01% |
316,690
+4,149
| +1% | +$148K |
|
1616
CarMax
KMX
$9.24B
| $11.5M | ﹤0.01% |
+152,050
| New | +$10.1M |
|
1617
CALL
Nutanix
NTNX
$17.7B
| $11.5M | ﹤0.01% |
514,600
+470,100
| +1,056% | +$10.3M |
|
1618
CALL
Hartford Financial Services
HIG
$37.7B
| $11.5M | ﹤0.01% |
207,800
-11,300
| -5% | -$614K |
|
1619
CALL
NatWest
NWG
$74.5B
| $11.5M | ﹤0.01% |
1,469,093
+58,500
| +4% | +$424K |
|
|
MDCO
1620
PUT
DELISTED
Medicines Co
MDCO
| $11.5M | ﹤0.01% |
310,600
-36,500
| -11% | -$1.35M |
|
1621
CALL
NMI Holdings
NMIH
$3.4B
| $11.5M | ﹤0.01% |
924,000
+1,300
| +0.1% | +$15.1K |
|
1622
CALL
JetBlue
JBLU
$1.95B
| $11.4M | ﹤0.01% |
617,600
+7,400
| +1% | +$155K |
|
1623
Nexstar Media Group
NXST
$5.8B
| $11.4M | ﹤0.01% |
183,662
+1,109
| +0.6% | +$68.4K |
|
1624
Radware
RDWR
$1.18B
| $11.4M | ﹤0.01% |
678,152
+181,698
| +37% | +$3.15M |
|
|
SVU
1625
PUT
DELISTED
SUPERVALU Inc.
SVU
| $11.4M | ﹤0.01% |
525,600
+473,829
| +915% | +$10.5M |
|
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.