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 | |
|---|---|---|---|---|---|---|
1651
iShares MSCI Canada ETF
EWC
$6.93B
| $11.2M | ﹤0.01% |
+385,520
| New | +$10.7M |
|
1652
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $11.2M | ﹤0.01% |
257,000
+225,500
| +716% | +$9.57M |
|
|
PTLA
1653
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $11.1M | ﹤0.01% |
206,300
-228,000
| -52% | -$13.4M |
|
1654
CALL
Keurig Dr Pepper
KDP
$43.4B
| $11.1M | ﹤0.01% |
125,900
+69,200
| +122% | +$6.28M |
|
1655
PUT
PBF Energy
PBF
$8.31B
| $11.1M | ﹤0.01% |
402,000
+214,200
| +114% | +$4.96M |
|
1656
PUT
EQT Corp
EQT
$34.7B
| $11.1M | ﹤0.01% |
312,474
-103,607
| -25% | -$3.52M |
|
1657
CALL
HubSpot
HUBS
$11.7B
| $11.1M | ﹤0.01% |
132,000
+85,800
| +186% | +$6.14M |
|
1658
PUT
IPG Photonics
IPGP
$3.09B
| $11.1M | ﹤0.01% |
59,900
+30,000
| +100% | +$4.98M |
|
|
EA
1659
DELISTED
Electronic Arts
EA
| $11.1M | ﹤0.01% |
93,813
-13,488
| -13% | -$1.56M |
|
1660
PUT
Williams-Sonoma
WSM
$27.6B
| $11.1M | ﹤0.01% |
444,000
-224,600
| -34% | -$5.22M |
|
|
FOLD
1661
DELISTED
Amicus Therapeutics
FOLD
| $11M | ﹤0.01% |
732,328
+419,037
| +134% | +$5.54M |
|
1662
Clorox
CLX
$12.6B
| $11M | ﹤0.01% |
83,701
+59,901
| +252% | +$8.05M |
|
1663
PUT
iShares Select Dividend ETF
DVY
$24B
| $11M | ﹤0.01% |
117,900
+28,800
| +32% | +$2.66M |
|
|
DCH
1664
Dauch Corp
DCH
$1.51B
| $11M | ﹤0.01% |
+627,221
| New | +$9.64M |
|
|
SAVE
1665
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $11M | ﹤0.01% |
330,000
+197,300
| +149% | +$7.89M |
|
1666
PUT
3D Systems Corp
DDD
$533M
| $11M | ﹤0.01% |
822,600
+46,800
| +6% | +$685K |
|
1667
PUT
Fluor
FLR
$6.91B
| $11M | ﹤0.01% |
261,400
-85,600
| -25% | -$3.55M |
|
1668
PUT
Golar LNG
GLNG
$5.25B
| $11M | ﹤0.01% |
486,700
-86,100
| -15% | -$1.89M |
|
|
HZNP
1669
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $11M | ﹤0.01% |
867,300
+368,600
| +74% | +$4.69M |
|
1670
PUT
Franklin Templeton
BEN
$17.8B
| $11M | ﹤0.01% |
246,800
+41,400
| +20% | +$1.81M |
|
|
AMJ
1671
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $11M | ﹤0.01% |
389,196
+233,530
| +150% | +$6.72M |
|
|
HDS
1672
DELISTED
HD Supply Holdings, Inc.
HDS
| $11M | ﹤0.01% |
304,476
-109,855
| -27% | -$3.53M |
|
1673
PUT
Progressive
PGR
$129B
| $11M | ﹤0.01% |
226,700
+176,800
| +354% | +$8.27M |
|
1674
CALL
ProShares Short S&P500
SH
$831M
| $11M | ﹤0.01% |
85,300
-6,375
| -7% | -$838K |
|
|
SCG
1675
DELISTED
Scana
SCG
| $11M | ﹤0.01% |
226,232
+203,978
| +917% | +$12.5M |
|
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.