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 | |
|---|---|---|---|---|---|---|
|
ETFC
1701
DELISTED
E*Trade Financial Corporation
ETFC
| $9.05M | ﹤0.01% |
259,494
+124,578
| +92% | +$4.47M |
|
1702
CALL
GoPro
GPRO
$109M
| $9.05M | ﹤0.01% |
1,040,500
-581,900
| -36% | -$5.27M |
|
1703
CALL
ProShares UltraPro Russell2000
URTY
$337M
| $9.05M | ﹤0.01% |
145,800
+104,600
| +254% | +$6.38M |
|
1704
CALL
Apollo Global Management
APO
$79.2B
| $9.03M | ﹤0.01% |
371,500
+153,700
| +71% | +$3.43M |
|
1705
PUT
iShares Core S&P Small-Cap ETF
IJR
$111B
| $9.01M | ﹤0.01% |
130,300
-12,300
| -9% | -$848K |
|
1706
PUT
Masco
MAS
$14.5B
| $8.99M | ﹤0.01% |
264,500
-42,100
| -14% | -$1.41M |
|
1707
Huntington Ingalls Industries
HII
$11.7B
| $8.98M | ﹤0.01% |
44,856
+28,656
| +177% | +$5.82M |
|
|
CRC
1708
PUT
DELISTED
California Resources Corporation
CRC
| $8.98M | ﹤0.01% |
597,200
+173,200
| +41% | +$3.18M |
|
|
EGRX
1709
CALL
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $8.97M | ﹤0.01% |
108,200
-132,900
| -55% | -$9.88M |
|
1710
CALL
M&T Bank
MTB
$34.9B
| $8.96M | ﹤0.01% |
57,900
-88,300
| -60% | -$14.3M |
|
|
LLL
1711
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $8.96M | ﹤0.01% |
54,200
-10,700
| -16% | -$1.73M |
|
|
EMES
1712
PUT
DELISTED
Emerge Energy Services LP
EMES
| $8.95M | ﹤0.01% |
645,900
+539,600
| +508% | +$8.69M |
|
1713
PUT
EQT Corp
EQT
$34.4B
| $8.93M | ﹤0.01% |
268,386
+228,707
| +576% | +$7.63M |
|
1714
Kraft Heinz
KHC
$29.4B
| $8.93M | ﹤0.01% |
+98,299
| New | +$8.86M |
|
1715
BioMarin Pharmaceuticals
BMRN
$12.8B
| $8.91M | ﹤0.01% |
101,540
-223,449
| -69% | -$19.9M |
|
1716
PUT
Vornado Realty Trust
VNO
$7.35B
| $8.91M | ﹤0.01% |
109,846
-19,544
| -15% | -$1.67M |
|
1717
PUT
Barclays
BCS
$91.1B
| $8.9M | ﹤0.01% |
832,232
+29,646
| +4% | +$319K |
|
1718
PUT
Wayfair
W
$14.4B
| $8.89M | ﹤0.01% |
219,500
-6,700
| -3% | -$265K |
|
1719
PUT
VeriSign
VRSN
$26.6B
| $8.88M | ﹤0.01% |
102,000
-53,400
| -34% | -$4.44M |
|
|
GRUB
1720
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $8.88M | ﹤0.01% |
135,000
-168,750
| -56% | -$12.5M |
|
|
XYZ
1721
PUT
Block Inc
XYZ
$50.4B
| $8.86M | ﹤0.01% |
512,500
+5,500
| +1% | +$86K |
|
1722
abrdn Physical Gold Shares ETF
SGOL
$7.68B
| $8.85M | ﹤0.01% |
730,620
+210,210
| +40% | +$2.49M |
|
|
1723
Barclays
BCS
$91.1B
| $8.83M | ﹤0.01% |
826,035
-18,194
| -2% | -$196K |
|
1724
Nutanix
NTNX
$17.7B
| $8.8M | ﹤0.01% |
+468,877
| New | +$12.6M |
|
|
INFO
1725
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $8.79M | ﹤0.01% |
209,495
+64,233
| +44% | +$2.54M |
|
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.