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 | |
|---|---|---|---|---|---|---|
1726
CALL
Sony
SONY
$141B
| $8.78M | ﹤0.01% |
1,302,000
-1,409,500
| -52% | -$8.78M |
|
|
XLNX
1727
PUT
DELISTED
Xilinx Inc
XLNX
| $8.77M | ﹤0.01% |
151,500
-491,200
| -76% | -$28.9M |
|
|
FRED
1728
PUT
DELISTED
Fred's Inc
FRED
| $8.77M | ﹤0.01% |
669,100
+577,500
| +630% | +$9.1M |
|
1729
CALL
Progressive
PGR
$129B
| $8.76M | ﹤0.01% |
223,600
-36,700
| -14% | -$1.4M |
|
1730
PUT
iShares Semiconductor ETF
SOXX
$41.9B
| $8.76M | ﹤0.01% |
192,000
+25,200
| +15% | +$1.1M |
|
1731
PUT
Compass Minerals
CMP
$1.05B
| $8.75M | ﹤0.01% |
128,900
+66,900
| +108% | +$5.1M |
|
1732
CALL
Affiliated Managers Group
AMG
$9.6B
| $8.74M | ﹤0.01% |
53,300
+7,900
| +17% | +$1.25M |
|
1733
CALL
Sempra
SRE
$55.7B
| $8.73M | ﹤0.01% |
158,000
+10,600
| +7% | +$563K |
|
|
CIT
1734
DELISTED
CIT Group Inc.
CIT
| $8.71M | ﹤0.01% |
+202,913
| New | +$8.59M |
|
1735
CALL
Sturm, Ruger & Co
RGR
$612M
| $8.71M | ﹤0.01% |
162,600
+38,500
| +31% | +$1.98M |
|
|
WW
1736
PUT
DELISTED
WW International
WW
| $8.71M | ﹤0.01% |
559,200
-316,200
| -36% | -$4.35M |
|
1737
Williams Companies
WMB
$90.8B
| $8.71M | ﹤0.01% |
294,213
-197,223
| -40% | -$5.7M |
|
1738
CALL
United Therapeutics
UTHR
$22.2B
| $8.69M | ﹤0.01% |
64,200
+1,200
| +2% | +$182K |
|
|
XYZ
1739
CALL
Block Inc
XYZ
$50.1B
| $8.69M | ﹤0.01% |
502,900
-293,700
| -37% | -$4.59M |
|
1740
PUT
iShares MSCI India ETF
INDA
$6.64B
| $8.68M | ﹤0.01% |
275,800
+252,000
| +1,059% | +$7.38M |
|
|
SRCL
1741
CALL
DELISTED
Stericycle Inc
SRCL
| $8.67M | ﹤0.01% |
104,600
+16,800
| +19% | +$1.35M |
|
|
EXAS
1742
DELISTED
Exact Sciences
EXAS
| $8.65M | ﹤0.01% |
366,330
+53,510
| +17% | +$1.06M |
|
|
AVB
1743
CALL
DELISTED
AvalonBay Communities
AVB
| $8.65M | ﹤0.01% |
47,100
+28,300
| +151% | +$5.08M |
|
1744
CALL
Travel + Leisure Co
TNL
$4.53B
| $8.64M | ﹤0.01% |
227,038
-380,758
| -63% | -$14M |
|
1745
TripAdvisor
TRIP
$1.18B
| $8.63M | ﹤0.01% |
199,970
+116,184
| +139% | +$5.51M |
|
|
HRG
1746
CALL
DELISTED
HRG Group, Inc.
HRG
| $8.63M | ﹤0.01% |
+446,700
| New | +$7.84M |
|
1747
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $8.62M | ﹤0.01% |
75,800
-27,400
| -27% | -$3.09M |
|
1748
PUT
Sanofi
SNY
$109B
| $8.62M | ﹤0.01% |
190,400
-17,500
| -8% | -$742K |
|
1749
PUT
Smith & Wesson
SWBI
$603M
| $8.6M | ﹤0.01% |
+564,504
| New | +$8.61M |
|
1750
CALL
iShares Russell Mid-Cap ETF
IWR
$57.6B
| $8.59M | ﹤0.01% |
183,600
-70,000
| -28% | -$3.24M |
|
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.