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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FITB
1651
CALL
Fifth Third Bancorp
FITB
$50B
| $10.4M | ﹤0.01% |
398,800
-85,700
| -18% | -$2.12M |
|
1652
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.86B
| $10.4M | ﹤0.01% |
128
+48
| +60% | +$3.96M |
|
1653
Johnson Controls International
JCI
$87.4B
| $10.4M | ﹤0.01% |
238,755
+170,755
| +251% | +$7.15M |
|
1654
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $10.3M | ﹤0.01% |
331,400
+132,200
| +66% | +$4.28M |
|
1655
PUT
SBA Communications
SBAC
$19.7B
| $10.3M | ﹤0.01% |
76,500
+1,200
| +2% | +$156K |
|
1656
LKQ Corp
LKQ
$6.51B
| $10.3M | ﹤0.01% |
312,793
+185,177
| +145% | +$5.73M |
|
|
AXON
1657
CALL
Axon Enterprise
AXON
$49.4B
| $10.3M | ﹤0.01% |
409,100
+92,300
| +29% | +$2.26M |
|
1658
PUT
Xerox
XRX
$391M
| $10.3M | ﹤0.01% |
357,400
+263,100
| +279% | +$7.43M |
|
1659
PUT
iShares MSCI Spain ETF
EWP
$2.26B
| $10.2M | ﹤0.01% |
311,400
+41,200
| +15% | +$1.33M |
|
1660
PUT
ProShares Ultra Russell2000
UWM
$254M
| $10.2M | ﹤0.01% |
338,800
+15,600
| +5% | +$454K |
|
|
FDC
1661
CALL
DELISTED
First Data Corporation
FDC
| $10.2M | ﹤0.01% |
559,800
+106,700
| +24% | +$1.79M |
|
1662
CALL
ATI
ATI
$29B
| $10.2M | ﹤0.01% |
598,500
+444,400
| +288% | +$7.48M |
|
|
CERN
1663
PUT
DELISTED
Cerner Corp
CERN
| $10.2M | ﹤0.01% |
153,100
-108,100
| -41% | -$6.91M |
|
|
FMI
1664
CALL
DELISTED
Foundation Medicine, Inc.
FMI
| $10.2M | ﹤0.01% |
255,900
+114,100
| +80% | +$4.18M |
|
1665
PUT
Campbell Soup
CPB
$6.93B
| $10.2M | ﹤0.01% |
195,000
-119,000
| -38% | -$6.74M |
|
|
NVO
1666
CALL
Novo Nordisk
NVO
$209B
| $10.2M | ﹤0.01% |
474,000
+240,000
| +103% | +$4.84M |
|
1667
CALL
Cal-Maine
CALM
$3.88B
| $10.1M | ﹤0.01% |
256,100
+27,700
| +12% | +$1.06M |
|
|
AVB
1668
PUT
DELISTED
AvalonBay Communities
AVB
| $10.1M | ﹤0.01% |
52,500
-25,200
| -32% | -$4.82M |
|
1669
CALL
Antero Resources
AR
$11.8B
| $10.1M | ﹤0.01% |
465,600
+427,900
| +1,135% | +$9.18M |
|
|
JKS
1670
PUT
JinkoSolar
JKS
$715M
| $10.1M | ﹤0.01% |
483,400
+48,500
| +11% | +$874K |
|
1671
iShares Russell 1000 Growth ETF
IWF
$125B
| $10M | ﹤0.01% |
337,176
+282,952
| +522% | +$8.31M |
|
1672
PUT
Zions Bancorporation
ZION
$9.97B
| $10M | ﹤0.01% |
228,400
-77,300
| -25% | -$3.18M |
|
1673
CALL
Boyd Gaming
BYD
$5.86B
| $10M | ﹤0.01% |
404,000
+268,800
| +199% | +$6.48M |
|
1674
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$243M
| $10M | ﹤0.01% |
1,531
+158
| +12% | +$1.11M |
|
|
ALR
1675
PUT
DELISTED
Alere Inc
ALR
| $10M | ﹤0.01% |
199,400
-431,500
| -68% | -$20.8M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.