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 | |
|---|---|---|---|---|---|---|
1876
Ovintiv
OVV
$17.8B
| $8.67M | ﹤0.01% |
147,146
-67,561
| -31% | -$3.3M |
|
|
CIT
1877
PUT
DELISTED
CIT Group Inc.
CIT
| $8.67M | ﹤0.01% |
176,700
-163,100
| -48% | -$7.67M |
|
1878
CALL
iShares Russell 2000 Growth ETF
IWO
$15B
| $8.66M | ﹤0.01% |
48,400
+16,200
| +50% | +$2.75M |
|
1879
CALL
Celanese
CE
$4.91B
| $8.63M | ﹤0.01% |
82,800
-104,700
| -56% | -$10.3M |
|
1880
PUT
American Electric Power
AEP
$67.2B
| $8.63M | ﹤0.01% |
122,800
+39,800
| +48% | +$2.84M |
|
|
BZUN
1881
CALL
Baozun
BZUN
$164M
| $8.62M | ﹤0.01% |
263,100
+224,500
| +582% | +$7.1M |
|
1882
PUT
Restaurant Brands International
QSR
$27.6B
| $8.62M | ﹤0.01% |
134,900
+24,100
| +22% | +$1.49M |
|
1883
Norwegian Cruise Line
NCLH
$7.85B
| $8.61M | ﹤0.01% |
159,291
+85,276
| +115% | +$4.77M |
|
1884
Domino's
DPZ
$11.4B
| $8.61M | ﹤0.01% |
+43,346
| New | +$8.44M |
|
|
DNKN
1885
PUT
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.6M | ﹤0.01% |
162,100
-63,500
| -28% | -$3.37M |
|
1886
CALL
ProShares VIX Short-Term Futures ETF
VIXY
$218M
| $8.58M | ﹤0.01% |
3,298
+2,008
| +156% | +$6.2M |
|
1887
PUT
Nokia
NOK
$58.1B
| $8.58M | ﹤0.01% |
1,434,100
-817,200
| -36% | -$5.08M |
|
1888
CALL
Digital Realty Trust
DLR
$71.8B
| $8.57M | ﹤0.01% |
72,400
-4,100
| -5% | -$474K |
|
|
MDCO
1889
DELISTED
Medicines Co
MDCO
| $8.57M | ﹤0.01% |
231,248
+47,869
| +26% | +$1.76M |
|
1890
Agnico Eagle Mines
AEM
$108B
| $8.55M | ﹤0.01% |
189,173
-21,100
| -10% | -$987K |
|
1891
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.59B
| $8.55M | ﹤0.01% |
+80,067
| New | +$8.54M |
|
1892
PUT
SolarEdge
SEDG
$2.04B
| $8.55M | ﹤0.01% |
299,400
+42,300
| +16% | +$1.07M |
|
|
P
1893
DELISTED
Pandora Media Inc
P
| $8.54M | ﹤0.01% |
1,109,358
-594,497
| -35% | -$5.1M |
|
|
SIOX
1894
PUT
DELISTED
Sio Gene Therapies Inc. Common Stock
SIOX
| $8.51M | ﹤0.01% |
154,625
+63,825
| +70% | +$10.8M |
|
1895
CALL
Starwood Property Trust
STWD
$5.89B
| $8.51M | ﹤0.01% |
391,700
-153,300
| -28% | -$3.38M |
|
1896
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $8.5M | ﹤0.01% |
290,500
+135,500
| +87% | +$3.88M |
|
|
AEL
1897
CALL
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.5M | ﹤0.01% |
292,200
+279,800
| +2,256% | +$7.72M |
|
|
ABMD
1898
CALL
DELISTED
Abiomed Inc
ABMD
| $8.5M | ﹤0.01% |
50,400
+23,800
| +89% | +$3.6M |
|
1899
CALL
Zillow
Z
$7.86B
| $8.5M | ﹤0.01% |
211,300
-178,200
| -46% | -$7.52M |
|
1900
CALL
Huntington Ingalls Industries
HII
$11.7B
| $8.49M | ﹤0.01% |
37,500
-10,500
| -22% | -$2.19M |
|
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.