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 | |
|---|---|---|---|---|---|---|
1626
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$10.3B
| $9.94M | 0.01% |
348,054
+232,070
| +200% | +$6.61M |
|
1627
PUT
TechnipFMC
FTI
$29.5B
| $9.92M | 0.01% |
410,054
+397,958
| +3,290% | +$9.82M |
|
1628
PUT
Corning
GLW
$127B
| $9.91M | 0.01% |
367,000
-642,900
| -64% | -$17.1M |
|
1629
CALL
Parker-Hannifin
PH
$128B
| $9.91M | 0.01% |
61,800
-47,900
| -44% | -$7.27M |
|
1630
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$242M
| $9.91M | 0.01% |
1,373
+26
| +2% | +$196K |
|
1631
PUT
iShares Select Dividend ETF
DVY
$23.9B
| $9.9M | 0.01% |
108,700
-133,300
| -55% | -$12.1M |
|
1632
Schwab US Broad Market ETF
SCHB
$44.6B
| $9.88M | 0.01% |
1,038,348
+815,898
| +367% | +$7.65M |
|
1633
CALL
Liberty Global Class A
LBTYA
$3.68B
| $9.83M | 0.01% |
274,000
+198,900
| +265% | +$7.05M |
|
|
FAZ
1634
Direxion Daily Financial Bear 3x ETF
FAZ
$87M
| $9.83M | 0.01% |
1,270
+453
| +55% | +$3.56M |
|
1635
PUT
Vail Resorts
MTN
$5.27B
| $9.82M | 0.01% |
51,200
-23,600
| -32% | -$4.18M |
|
|
PTLA
1636
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $9.82M | 0.01% |
250,500
+117,700
| +89% | +$3.75M |
|
|
MMP
1637
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $9.81M | 0.01% |
127,600
-81,000
| -39% | -$6.28M |
|
1638
CALL
Trinity Industries
TRN
$2.36B
| $9.8M | 0.01% |
512,819
+103,064
| +25% | +$2.03M |
|
1639
iShares MSCI Hong Kong ETF
EWH
$1.27B
| $9.79M | 0.01% |
439,907
-1,368,290
| -76% | -$29.2M |
|
1640
Valero Energy
VLO
$98B
| $9.78M | ﹤0.01% |
147,500
+48,800
| +49% | +$3.27M |
|
1641
PUT
Plains All American Pipeline
PAA
$17.4B
| $9.77M | ﹤0.01% |
309,100
-528,300
| -63% | -$16.7M |
|
|
HZNP
1642
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $9.76M | ﹤0.01% |
660,300
-776,600
| -54% | -$12.6M |
|
1643
PUT
Five Below
FIVE
$14.3B
| $9.75M | ﹤0.01% |
225,100
-76,200
| -25% | -$3.03M |
|
|
STRP
1644
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $9.74M | ﹤0.01% |
270,900
+110,200
| +69% | +$3.82M |
|
1645
PUT
American Water Works
AWK
$27.3B
| $9.72M | ﹤0.01% |
125,000
+24,000
| +24% | +$1.78M |
|
1646
PUT
Diageo
DEO
$52.7B
| $9.72M | ﹤0.01% |
84,100
-94,900
| -53% | -$10.6M |
|
|
SBNY
1647
PUT
DELISTED
Signature Bank
SBNY
| $9.72M | ﹤0.01% |
65,500
+30,400
| +87% | +$4.71M |
|
1648
CALL
Invesco DB Agriculture Fund
DBA
$1.22B
| $9.71M | ﹤0.01% |
491,100
+452,400
| +1,169% | +$9.21M |
|
1649
CALL
Nu Skin
NUS
$236M
| $9.71M | ﹤0.01% |
174,900
+126,900
| +264% | +$6.53M |
|
1650
CALL
Allstate
ALL
$65.1B
| $9.71M | ﹤0.01% |
119,100
-80,700
| -40% | -$6.35M |
|
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.