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 | |
|---|---|---|---|---|---|---|
1851
CALL
Cal-Maine
CALM
$3.88B
| $8.89M | ﹤0.01% |
216,300
-39,800
| -16% | -$1.49M |
|
1852
CALL
Veeva Systems
VEEV
$39.8B
| $8.89M | ﹤0.01% |
157,600
-124,300
| -44% | -$7.54M |
|
1853
CALL
Ecolab
ECL
$81.5B
| $8.89M | ﹤0.01% |
69,100
-102,700
| -60% | -$13.5M |
|
1854
CALL
iShares US Transportation ETF
IYT
$2.28B
| $8.88M | ﹤0.01% |
199,200
+151,200
| +315% | +$6.42M |
|
1855
PUT
Marvell Technology
MRVL
$220B
| $8.86M | ﹤0.01% |
494,700
+229,900
| +87% | +$3.83M |
|
1856
CALL
Dycom Industries
DY
$9.34B
| $8.85M | ﹤0.01% |
103,000
+8,300
| +9% | +$699K |
|
1857
PUT
Regions Financial
RF
$26.2B
| $8.84M | ﹤0.01% |
580,400
-42,400
| -7% | -$610K |
|
|
EMES
1858
PUT
DELISTED
Emerge Energy Services LP
EMES
| $8.83M | ﹤0.01% |
1,071,900
+207,700
| +24% | +$1.53M |
|
1859
CALL
United Therapeutics
UTHR
$22.2B
| $8.81M | ﹤0.01% |
75,200
+51,500
| +217% | +$6.58M |
|
|
PAY
1860
CALL
DELISTED
Verifone Systems Inc
PAY
| $8.8M | ﹤0.01% |
434,200
+140,200
| +48% | +$2.74M |
|
1861
PUT
ProShares VIX Mid-Term Futures ETF
VIXM
$156M
| $8.78M | ﹤0.01% |
348,700
+221,300
| +174% | +$5.81M |
|
1862
PUT
Westlake Corp
WLK
$9.53B
| $8.77M | ﹤0.01% |
105,600
+36,800
| +53% | +$2.7M |
|
1863
PUT
Axos Financial
AX
$5.56B
| $8.77M | ﹤0.01% |
308,100
-85,200
| -22% | -$2.23M |
|
|
LN
1864
PUT
DELISTED
LINE Corporation
LN
| $8.77M | ﹤0.01% |
242,300
+109,300
| +82% | +$3.84M |
|
1865
PUT
Markel Group
MKL
$22.5B
| $8.76M | ﹤0.01% |
8,200
-8,500
| -51% | -$8.79M |
|
|
CPN
1866
PUT
DELISTED
Calpine Corporation
CPN
| $8.75M | ﹤0.01% |
593,500
+485,000
| +447% | +$6.92M |
|
|
SIOX
1867
CALL
DELISTED
Sio Gene Therapies Inc. Common Stock
SIOX
| $8.74M | ﹤0.01% |
158,725
+26,762
| +20% | +$4.51M |
|
1868
America Movil
AMX
$70.8B
| $8.73M | ﹤0.01% |
492,098
+289,645
| +143% | +$5.19M |
|
1869
CALL
Winnebago Industries
WGO
$871M
| $8.73M | ﹤0.01% |
195,000
+7,900
| +4% | +$290K |
|
1870
PUT
Global X Silver Miners ETF NEW
SIL
$5.46B
| $8.72M | ﹤0.01% |
264,400
+12,400
| +5% | +$419K |
|
1871
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $8.72M | ﹤0.01% |
161,400
+100,500
| +165% | +$5.33M |
|
1872
CALL
Designer Brands
DBI
$290M
| $8.7M | ﹤0.01% |
405,200
+306,400
| +310% | +$5.64M |
|
1873
Advance Auto Parts
AAP
$2.66B
| $8.7M | ﹤0.01% |
+87,736
| New | +$8.86M |
|
1874
CALL
Restaurant Brands International
QSR
$27.6B
| $8.68M | ﹤0.01% |
135,900
+98,200
| +260% | +$6.07M |
|
1875
CALL
3D Systems Corp
DDD
$548M
| $8.67M | ﹤0.01% |
647,800
-125,700
| -16% | -$1.84M |
|
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.