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 | |
|---|---|---|---|---|---|---|
|
GRA
1901
DELISTED
W.R. Grace & Co.
GRA
| $7.5M | ﹤0.01% |
+107,664
| New | +$7.56M |
|
1902
CALL
McCormick & Company Non-Voting
MKC
$14.8B
| $7.49M | ﹤0.01% |
153,600
+62,000
| +68% | +$3M |
|
1903
PUT
B&G Foods
BGS
$287M
| $7.49M | ﹤0.01% |
186,100
+136,100
| +272% | +$5.92M |
|
1904
PUT
Waters Corp
WAT
$40.7B
| $7.49M | ﹤0.01% |
47,900
+30,400
| +174% | +$4.54M |
|
|
WLL
1905
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $7.48M | ﹤0.01% |
2,637
+88
| +3% | +$285K |
|
1906
iShares MSCI Japan ETF
EWJ
$22.6B
| $7.47M | ﹤0.01% |
144,933
+42,288
| +41% | +$2.16M |
|
1907
iShares 10-20 Year Treasury Bond ETF
TLH
$11.1B
| $7.47M | ﹤0.01% |
55,579
-21,915
| -28% | -$2.93M |
|
1908
CALL
Puma Biotechnology
PBYI
$473M
| $7.45M | ﹤0.01% |
200,200
+94,800
| +90% | +$3.46M |
|
1909
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.86B
| $7.43M | ﹤0.01% |
80
+70
| +700% | +$7.31M |
|
1910
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$19.3B
| $7.42M | ﹤0.01% |
1,422,000
+715,500
| +101% | +$3.28M |
|
1911
PUT
Energizer
ENR
$1.5B
| $7.42M | ﹤0.01% |
133,000
+72,700
| +121% | +$3.83M |
|
1912
PUT
Terex
TEX
$7.47B
| $7.41M | ﹤0.01% |
236,000
+112,600
| +91% | +$3.54M |
|
|
JNPR
1913
CALL
DELISTED
Juniper Networks
JNPR
| $7.4M | ﹤0.01% |
265,900
-198,200
| -43% | -$5.53M |
|
1914
CALL
NGL Energy Partners
NGL
$2.15B
| $7.4M | ﹤0.01% |
327,300
+2,200
| +0.7% | +$50.3K |
|
1915
Gold Fields
GFI
$42.6B
| $7.39M | ﹤0.01% |
2,094,690
-48,918
| -2% | -$165K |
|
|
ACIA
1916
DELISTED
Acacia Communications Inc
ACIA
| $7.38M | ﹤0.01% |
125,883
-54,389
| -30% | -$3.15M |
|
|
ATVI
1917
DELISTED
Activision Blizzard
ATVI
| $7.37M | ﹤0.01% |
147,868
-681,795
| -82% | -$30M |
|
1918
PUT
Synaptics
SYNA
$3.74B
| $7.37M | ﹤0.01% |
148,900
-7,500
| -5% | -$403K |
|
|
AKAO
1919
CALL
DELISTED
Achaogen Inc
AKAO
| $7.37M | ﹤0.01% |
292,200
+209,700
| +254% | +$4.31M |
|
1920
CALL
Digital Realty Trust
DLR
$71.8B
| $7.35M | ﹤0.01% |
69,100
+13,600
| +25% | +$1.43M |
|
|
MLNX
1921
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $7.35M | ﹤0.01% |
144,300
+77,500
| +116% | +$3.68M |
|
1922
PUT
Targa Resources
TRGP
$63B
| $7.35M | ﹤0.01% |
122,700
-152,900
| -55% | -$8.88M |
|
1923
PUT
Vipshop
VIPS
$6.7B
| $7.35M | ﹤0.01% |
550,800
-368,300
| -40% | -$4.56M |
|
|
APU
1924
CALL
DELISTED
AmeriGas Partners, L.P.
APU
| $7.34M | ﹤0.01% |
155,900
+94,000
| +152% | +$4.44M |
|
|
SGYP
1925
PUT
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $7.34M | ﹤0.01% |
1,574,800
+1,013,100
| +180% | +$5.87M |
|
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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.