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 | |
|---|---|---|---|---|---|---|
|
PDCE
1726
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $10.3M | ﹤0.01% |
211,000
+69,000
| +49% | +$2.97M |
|
1727
PUT
ICICI Bank
IBN
$109B
| $10.3M | ﹤0.01% |
1,208,450
+373,990
| +45% | +$3.42M |
|
|
SODA
1728
PUT
DELISTED
SodaStream International Ltd
SODA
| $10.3M | ﹤0.01% |
155,600
+43,300
| +39% | +$2.52M |
|
1729
Nokia
NOK
$57.4B
| $10.3M | ﹤0.01% |
1,728,167
-645,541
| -27% | -$4.01M |
|
1730
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.78B
| $10.3M | ﹤0.01% |
75,769
-695,747
| -90% | -$87.2M |
|
1731
CALL
M&T Bank
MTB
$34.9B
| $10.3M | ﹤0.01% |
63,900
-14,100
| -18% | -$2.22M |
|
1732
Vanguard FTSE Pacific ETF
VPL
$8.56B
| $10.3M | ﹤0.01% |
150,559
+55,456
| +58% | +$3.73M |
|
|
BMS
1733
CALL
DELISTED
Bemis
BMS
| $10.3M | ﹤0.01% |
225,000
+151,700
| +207% | +$6.77M |
|
1734
CALL
The Greenbrier Companies
GBX
$1.43B
| $10.2M | ﹤0.01% |
212,600
+20,100
| +10% | +$892K |
|
1735
CALL
Cadence Design Systems
CDNS
$91.3B
| $10.2M | ﹤0.01% |
258,100
+127,300
| +97% | +$4.69M |
|
1736
PUT
State Street
STT
$53.2B
| $10.2M | ﹤0.01% |
106,500
-90,100
| -46% | -$8.39M |
|
1737
PUT
NRG Energy
NRG
$24.3B
| $10.2M | ﹤0.01% |
397,000
-111,100
| -22% | -$2.63M |
|
|
COHR
1738
CALL
DELISTED
Coherent Inc
COHR
| $10.2M | ﹤0.01% |
43,200
-27,900
| -39% | -$6.73M |
|
|
GWPH
1739
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $10.2M | ﹤0.01% |
100,027
-36,530
| -27% | -$3.91M |
|
1740
RH
RH
$2.75B
| $10.1M | ﹤0.01% |
+144,304
| New | +$9.05M |
|
1741
PUT
Healthpeak Properties
DOC
$14.9B
| $10.1M | ﹤0.01% |
364,500
+33,300
| +10% | +$1M |
|
1742
Alphabet (Google) Class C
GOOG
$4.13T
| $10.1M | ﹤0.01% |
+211,500
| New | +$9.85M |
|
1743
CALL
SolarEdge
SEDG
$1.99B
| $10.1M | ﹤0.01% |
354,700
+216,500
| +157% | +$5.46M |
|
|
ASB.WS
1744
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $10.1M | ﹤0.01% |
2,043,908
| – | – |
|
1745
CALL
Copa Holdings
CPA
$6.05B
| $10.1M | ﹤0.01% |
80,700
+19,200
| +31% | +$2.43M |
|
1746
CALL
Norwegian Cruise Line
NCLH
$7.82B
| $10M | ﹤0.01% |
185,700
-19,500
| -10% | -$1.09M |
|
1747
CALL
Sempra
SRE
$55.7B
| $10M | ﹤0.01% |
175,800
-14,400
| -8% | -$833K |
|
|
TGNA
1748
CALL
DELISTED
TEGNA Inc
TGNA
| $10M | ﹤0.01% |
752,600
+344,200
| +84% | +$4.62M |
|
|
JNPR
1749
PUT
DELISTED
Juniper Networks
JNPR
| $10M | ﹤0.01% |
360,400
-129,200
| -26% | -$3.62M |
|
1750
CALL
Xylem
XYL
$26.7B
| $10M | ﹤0.01% |
160,000
+73,800
| +86% | +$4.41M |
|
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.