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 | |
|---|---|---|---|---|---|---|
1776
Ciena
CIEN
$57.2B
| $9.64M | ﹤0.01% |
438,951
+62,841
| +17% | +$1.5M |
|
1777
TJX Companies
TJX
$151B
| $9.63M | ﹤0.01% |
261,192
+255,184
| +4,247% | +$9.09M |
|
|
HAPN
1778
CALL
Happen Inc
HAPN
$2.12B
| $9.62M | ﹤0.01% |
315,760
+145,540
| +86% | +$4.19M |
|
1779
AMC Entertainment Holdings
AMC
$2.33B
| $9.61M | ﹤0.01% |
65,371
+50,015
| +326% | +$8.35M |
|
1780
PUT
Neurocrine Biosciences
NBIX
$15.9B
| $9.61M | ﹤0.01% |
156,800
-7,400
| -5% | -$390K |
|
|
CHL
1781
PUT
DELISTED
China Mobile Limited
CHL
| $9.61M | ﹤0.01% |
190,000
-62,300
| -25% | -$3.32M |
|
1782
PUT
Sturm, Ruger & Co
RGR
$611M
| $9.59M | ﹤0.01% |
185,500
-68,100
| -27% | -$3.59M |
|
1783
PUT
Illinois Tool Works
ITW
$81.3B
| $9.59M | ﹤0.01% |
64,800
+4,400
| +7% | +$626K |
|
|
NBL
1784
CALL
DELISTED
Noble Energy, Inc.
NBL
| $9.58M | ﹤0.01% |
337,900
-443,600
| -57% | -$11.7M |
|
1785
PUT
Regency Centers
REG
$14B
| $9.56M | ﹤0.01% |
154,100
+51,500
| +50% | +$3.32M |
|
1786
PUT
Xerox
XRX
$391M
| $9.55M | ﹤0.01% |
286,900
-70,500
| -20% | -$2.22M |
|
|
LTRPA
1787
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $9.55M | ﹤0.01% |
773,259
-52,586
| -6% | -$653K |
|
1788
Transocean
RIG
$6.25B
| $9.54M | ﹤0.01% |
886,994
-618,395
| -41% | -$5.33M |
|
1789
CALL
Banc of California
BANC
$2.98B
| $9.54M | ﹤0.01% |
459,900
+38,400
| +9% | +$757K |
|
|
WPZ
1790
PUT
DELISTED
Williams Partners L.P.
WPZ
| $9.54M | ﹤0.01% |
245,300
-73,400
| -23% | -$2.9M |
|
1791
Nabors Industries
NBR
$1.29B
| $9.53M | ﹤0.01% |
23,618
-15,829
| -40% | -$5.79M |
|
1792
PUT
Conagra Brands
CAG
$7.77B
| $9.51M | ﹤0.01% |
281,900
+24,700
| +10% | +$839K |
|
|
CLVS
1793
DELISTED
Clovis Oncology, Inc.
CLVS
| $9.51M | ﹤0.01% |
115,365
+63,008
| +120% | +$5M |
|
1794
CALL
Yum China
YUMC
$16.1B
| $9.49M | ﹤0.01% |
237,400
-381,400
| -62% | -$14.2M |
|
1795
PUT
Vornado Realty Trust
VNO
$7.27B
| $9.48M | ﹤0.01% |
123,300
+2,569
| +2% | +$196K |
|
1796
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $9.45M | ﹤0.01% |
209,600
+84,900
| +68% | +$3.64M |
|
|
SGEN
1797
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $9.45M | ﹤0.01% |
173,600
-77,800
| -31% | -$3.98M |
|
|
1798
PUT
Nabors Industries
NBR
$1.29B
| $9.44M | ﹤0.01% |
23,394
+3,536
| +18% | +$1.29M |
|
|
XL
1799
CALL
DELISTED
XL Group Ltd.
XL
| $9.44M | ﹤0.01% |
239,200
+218,700
| +1,067% | +$9.34M |
|
1800
iShares Russell 1000 ETF
IWB
$48.9B
| $9.4M | ﹤0.01% |
67,214
+20,798
| +45% | +$2.85M |
|
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.