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 | |
|---|---|---|---|---|---|---|
151
CALL
IBM
IBM
$222B
| $258M | 0.11% |
1,757,175
-1,263,568
| -42% | -$190M |
|
152
PUT
Walmart Inc
WMT
$825B
| $257M | 0.11% |
10,191,600
+1,082,700
| +12% | +$27.5M |
|
153
GE Aerospace
GE
$361B
| $254M | 0.11% |
1,961,094
+516,862
| +36% | +$70.8M |
|
154
PUT
Visa
V
$693B
| $253M | 0.11% |
2,700,700
+1,092,400
| +68% | +$101M |
|
155
Walt Disney
DIS
$186B
| $252M | 0.11% |
2,374,925
+2,361,920
| +18,162% | +$259M |
|
156
CALL
Oracle
ORCL
$422B
| $250M | 0.11% |
4,982,900
+1,025,900
| +26% | +$46.8M |
|
157
CALL
Colgate-Palmolive
CL
$72.6B
| $249M | 0.11% |
3,361,600
+2,186,500
| +186% | +$162M |
|
158
PUT
Wynn Resorts
WYNN
$10.3B
| $245M | 0.11% |
1,827,400
+95,200
| +5% | +$12M |
|
159
Wells Fargo
WFC
$254B
| $245M | 0.11% |
4,414,257
+3,469,673
| +367% | +$186M |
|
160
PUT
NXP Semiconductors
NXPI
$56.9B
| $242M | 0.11% |
2,211,500
+616,500
| +39% | +$66M |
|
161
PUT
Altria Group
MO
$110B
| $239M | 0.11% |
3,212,400
+858,800
| +36% | +$62.8M |
|
162
PUT
Constellation Brands
STZ
$23.2B
| $238M | 0.1% |
1,230,300
+126,700
| +11% | +$22.6M |
|
163
Intel
INTC
$476B
| $236M | 0.1% |
6,985,633
-428,799
| -6% | -$15.3M |
|
164
CALL
AutoZone
AZO
$48.3B
| $234M | 0.1% |
409,800
+86,000
| +27% | +$56M |
|
165
Microsoft
MSFT
$3.59T
| $233M | 0.1% |
3,385,862
+1,121,784
| +50% | +$77M |
|
166
CALL
Intuitive Surgical
ISRG
$134B
| $233M | 0.1% |
2,241,000
-821,700
| -27% | -$79M |
|
167
PUT
Ford
F
$57.5B
| $233M | 0.1% |
20,783,100
+8,648,100
| +71% | +$96.6M |
|
168
PUT
AB InBev
BUD
$155B
| $232M | 0.1% |
2,105,200
+232,200
| +12% | +$26.6M |
|
169
PUT
Morgan Stanley
MS
$336B
| $232M | 0.1% |
5,212,400
+319,500
| +7% | +$13.8M |
|
170
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $227M | 0.1% |
2,197,500
+1,402,200
| +176% | +$138M |
|
171
Berkshire Hathaway Class B
BRK.B
$1.06T
| $227M | 0.1% |
1,340,026
-272,156
| -17% | -$45.3M |
|
172
CALL
JD.com
JD
$39.7B
| $225M | 0.1% |
5,724,300
+3,633,700
| +174% | +$137M |
|
173
CALL
Broadcom
AVGO
$1.75T
| $223M | 0.1% |
9,548,000
+734,000
| +8% | +$17M |
|
|
174
CALL
Morgan Stanley
MS
$336B
| $222M | 0.1% |
4,977,000
+1,016,400
| +26% | +$43.8M |
|
175
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $222M | 0.1% |
6,493,600
+1,873,300
| +41% | +$67.4M |
|
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.