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 | |
|---|---|---|---|---|---|---|
1626
CALL
ProShares UltraPro S&P 500
UPRO
$5.51B
| $11.4M | ﹤0.01% |
588,600
+108,000
| +22% | +$1.97M |
|
|
BSJI
1627
DELISTED
Invesco BulletShares 2018 High Yield Corporate Bond ETF
BSJI
| $11.4M | ﹤0.01% |
+450,467
| New | +$11.4M |
|
1628
Puma Biotechnology
PBYI
$468M
| $11.4M | ﹤0.01% |
+95,222
| New | +$8.86M |
|
1629
PUT
Hain Celestial
HAIN
$71.8M
| $11.4M | ﹤0.01% |
277,000
+63,600
| +30% | +$2.63M |
|
1630
Qorvo
QRVO
$8.3B
| $11.4M | ﹤0.01% |
161,028
+136,127
| +547% | +$9.5M |
|
|
CDK
1631
CALL
DELISTED
CDK Global, Inc.
CDK
| $11.4M | ﹤0.01% |
180,200
+27,600
| +18% | +$1.74M |
|
|
PF
1632
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $11.4M | ﹤0.01% |
198,800
-147,400
| -43% | -$8.74M |
|
1633
PUT
Dycom Industries
DY
$9.24B
| $11.4M | ﹤0.01% |
132,300
-45,900
| -26% | -$3.87M |
|
1634
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$5.58B
| $11.4M | ﹤0.01% |
1,268,000
+723,000
| +133% | +$6.01M |
|
1635
CALL
TE Connectivity
TEL
$59B
| $11.3M | ﹤0.01% |
136,500
+88,800
| +186% | +$7.14M |
|
1636
PUT
Opko Health
OPK
$1.13B
| $11.3M | ﹤0.01% |
1,652,400
-382,700
| -19% | -$2.41M |
|
1637
PUT
AMC Entertainment Holdings
AMC
$2.45B
| $11.3M | ﹤0.01% |
76,820
+63,400
| +472% | +$10.6M |
|
1638
PUT
iShares MSCI Turkey ETF
TUR
$223M
| $11.3M | ﹤0.01% |
269,400
+110,100
| +69% | +$4.85M |
|
|
SIX
1639
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $11.3M | ﹤0.01% |
184,600
+161,800
| +710% | +$9.07M |
|
1640
PUT
RPC Inc
RES
$1.36B
| $11.2M | ﹤0.01% |
+453,500
| New | +$9.42M |
|
|
OCLR
1641
DELISTED
Oclaro Inc.
OCLR
| $11.2M | ﹤0.01% |
1,302,082
+725,315
| +126% | +$6.53M |
|
|
AERI
1642
PUT
DELISTED
Aerie Pharmaceuticals
AERI
| $11.2M | ﹤0.01% |
230,800
+130,200
| +129% | +$7.1M |
|
|
ARCH
1643
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $11.2M | ﹤0.01% |
156,300
+40,700
| +35% | +$3.05M |
|
|
1644
CALL
Opko Health
OPK
$1.13B
| $11.2M | ﹤0.01% |
1,634,000
+1,326,400
| +431% | +$8.36M |
|
1645
PUT
Huazhu Hotels Group
HTHT
$15.3B
| $11.2M | ﹤0.01% |
376,800
+278,400
| +283% | +$7.21M |
|
|
CA
1646
CALL
DELISTED
CA, Inc.
CA
| $11.2M | ﹤0.01% |
335,300
-106,300
| -24% | -$3.52M |
|
|
DFS
1647
DELISTED
Discover Financial Services
DFS
| $11.2M | ﹤0.01% |
173,404
+92,724
| +115% | +$5.62M |
|
|
BRSL
1648
CALL
Brightstar Lottery PLC
BRSL
$2.1B
| $11.2M | ﹤0.01% |
455,100
+392,900
| +632% | +$8.02M |
|
1649
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$426M
| $11.2M | ﹤0.01% |
127
+63
| +98% | +$5.69M |
|
|
GIMO
1650
CALL
DELISTED
Gigamon Inc.
GIMO
| $11.2M | ﹤0.01% |
264,800
-28,700
| -10% | -$1.17M |
|
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.