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 | |
|---|---|---|---|---|---|---|
1726
Ovintiv
OVV
$17.8B
| $9.45M | ﹤0.01% |
214,707
-168,080
| -44% | -$8.71M |
|
1727
Axos Financial
AX
$5.56B
| $9.44M | ﹤0.01% |
397,822
+351,808
| +765% | +$8.32M |
|
1728
CALL
iShares US Technology ETF
IYW
$24.9B
| $9.43M | ﹤0.01% |
270,000
+173,200
| +179% | +$6.07M |
|
1729
CALL
PG&E
PCG
$40.1B
| $9.42M | ﹤0.01% |
141,900
+68,100
| +92% | +$4.59M |
|
1730
Ciena
CIEN
$57.2B
| $9.41M | ﹤0.01% |
376,110
+275,220
| +273% | +$6.59M |
|
1731
PUT
Cognex
CGNX
$10.4B
| $9.41M | ﹤0.01% |
221,600
+117,400
| +113% | +$5.21M |
|
1732
PUT
Impinj
PI
$4.87B
| $9.39M | ﹤0.01% |
193,100
+57,500
| +42% | +$2.41M |
|
|
VER
1733
PUT
DELISTED
VEREIT, Inc.
VER
| $9.39M | ﹤0.01% |
230,780
+104,620
| +83% | +$4.32M |
|
1734
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.78B
| $9.39M | ﹤0.01% |
92,600
+88,273
| +2,040% | +$8.93M |
|
|
VIAB
1735
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $9.35M | ﹤0.01% |
278,400
-41,700
| -13% | -$1.59M |
|
|
1736
PUT
Axos Financial
AX
$5.56B
| $9.33M | ﹤0.01% |
393,300
+132,200
| +51% | +$3.13M |
|
1737
PUT
Nutanix
NTNX
$17.7B
| $9.33M | ﹤0.01% |
462,900
-456,400
| -50% | -$7.96M |
|
|
RDS.B
1738
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $9.3M | ﹤0.01% |
170,800
-90,300
| -35% | -$5.03M |
|
|
K
1739
DELISTED
Kellanova
K
| $9.29M | ﹤0.01% |
142,405
+98,101
| +221% | +$6.6M |
|
1740
State Street SPDR S&P International Dividend ETF
DWX
$534M
| $9.25M | ﹤0.01% |
236,472
+152,352
| +181% | +$5.95M |
|
|
SRCL
1741
PUT
DELISTED
Stericycle Inc
SRCL
| $9.25M | ﹤0.01% |
121,200
-43,200
| -26% | -$3.55M |
|
1742
CALL
Lennar Class A
LEN
$21B
| $9.25M | ﹤0.01% |
182,167
-263,271
| -59% | -$13M |
|
|
GRMN
1743
Garmin
GRMN
$55.7B
| $9.23M | ﹤0.01% |
180,795
+121,847
| +207% | +$6.25M |
|
1744
Annaly Capital Management
NLY
$17.2B
| $9.21M | ﹤0.01% |
191,172
+7,469
| +4% | +$353K |
|
1745
PUT
Franklin Templeton
BEN
$17.8B
| $9.2M | ﹤0.01% |
205,400
-126,200
| -38% | -$5.39M |
|
|
WFM
1746
DELISTED
Whole Foods Market Inc
WFM
| $9.2M | ﹤0.01% |
218,450
-228,692
| -51% | -$8.33M |
|
1747
PUT
Conagra Brands
CAG
$7.77B
| $9.2M | ﹤0.01% |
257,200
+84,000
| +48% | +$3.25M |
|
|
NLSN
1748
PUT
DELISTED
Nielsen Holdings plc
NLSN
| $9.18M | ﹤0.01% |
237,400
+184,100
| +345% | +$7.31M |
|
|
OKS
1749
DELISTED
Oneok Partners LP
OKS
| $9.18M | ﹤0.01% |
+179,700
| New | +$9.11M |
|
1750
PUT
Vornado Realty Trust
VNO
$7.27B
| $9.16M | ﹤0.01% |
120,731
+10,885
| +10% | +$843K |
|
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.