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 | |
|---|---|---|---|---|---|---|
1876
CALL
HDFC Bank
HDB
$119B
| $7.7M | ﹤0.01% |
409,200
+190,000
| +87% | +$3.31M |
|
1877
CALL
Molson Coors Class B
TAP
$7.85B
| $7.7M | ﹤0.01% |
80,400
-233,800
| -74% | -$22.8M |
|
|
OAK
1878
CALL
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $7.69M | ﹤0.01% |
169,800
+30,200
| +22% | +$1.32M |
|
1879
CALL
First Majestic Silver
AG
$10.3B
| $7.69M | ﹤0.01% |
947,200
+110,100
| +13% | +$981K |
|
1880
PUT
Group 1 Automotive
GPI
$3.13B
| $7.68M | ﹤0.01% |
103,700
-15,900
| -13% | -$1.24M |
|
|
BBL
1881
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $7.67M | ﹤0.01% |
246,166
-60,720
| -20% | -$2.05M |
|
1882
McCormick & Company Non-Voting
MKC
$14.8B
| $7.67M | ﹤0.01% |
157,142
+111,848
| +247% | +$5.42M |
|
1883
PUT
Enbridge
ENB
$110B
| $7.66M | ﹤0.01% |
183,100
+300
| +0.2% | +$12.7K |
|
1884
PUT
Lear
LEA
$8.28B
| $7.64M | ﹤0.01% |
54,000
+9,700
| +22% | +$1.38M |
|
1885
iShares US Consumer Discretionary ETF
IYC
$1.21B
| $7.63M | ﹤0.01% |
189,784
+63,480
| +50% | +$2.5M |
|
|
NSR
1886
DELISTED
Neustar Inc
NSR
| $7.62M | ﹤0.01% |
229,985
+29,834
| +15% | +$992K |
|
|
STMP
1887
PUT
DELISTED
Stamps.com, Inc.
STMP
| $7.61M | ﹤0.01% |
64,300
+39,300
| +157% | +$4.85M |
|
1888
Public Service Enterprise Group
PEG
$36.9B
| $7.6M | ﹤0.01% |
171,287
+58,737
| +52% | +$2.59M |
|
|
OA
1889
CALL
DELISTED
Orbital ATK, Inc.
OA
| $7.59M | ﹤0.01% |
77,500
-44,400
| -36% | -$4.11M |
|
1890
PUT
Boston Beer
SAM
$1.91B
| $7.58M | ﹤0.01% |
52,400
+20,300
| +63% | +$3.18M |
|
1891
CALL
iShares Russell 1000 Growth ETF
IWF
$125B
| $7.58M | ﹤0.01% |
266,400
+178,000
| +201% | +$4.94M |
|
|
XEC
1892
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $7.58M | ﹤0.01% |
63,400
+1,100
| +2% | +$143K |
|
1893
PUT
DaVita
DVA
$11.5B
| $7.57M | ﹤0.01% |
111,400
+16,100
| +17% | +$1.07M |
|
1894
PUT
Core Laboratories
CLB
$550M
| $7.57M | ﹤0.01% |
65,500
+9,800
| +18% | +$1.14M |
|
|
CIM
1895
Chimera Investment
CIM
$961M
| $7.56M | ﹤0.01% |
124,891
+14,683
| +13% | +$818K |
|
|
NBIS
1896
CALL
Nebius Group N.V.
NBIS
$58.2B
| $7.54M | ﹤0.01% |
343,800
-162,800
| -32% | -$3.71M |
|
1897
Brinker International
EAT
$10.3B
| $7.53M | ﹤0.01% |
171,263
+148,900
| +666% | +$6.59M |
|
|
KCG
1898
CALL
DELISTED
KCG Holdings, Inc.
KCG
| $7.52M | ﹤0.01% |
421,900
-140,800
| -25% | -$2.09M |
|
1899
PUT
M&T Bank
MTB
$34.9B
| $7.52M | ﹤0.01% |
48,600
-4,700
| -9% | -$761K |
|
1900
Cognizant
CTSH
$28B
| $7.5M | ﹤0.01% |
126,085
-927,063
| -88% | -$53.3M |
|
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.