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 | |
|---|---|---|---|---|---|---|
1926
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.05B
| $7.34M | ﹤0.01% |
124,332
+94,298
| +314% | +$5.59M |
|
1927
Vanguard S&P 500 ETF
VOO
$1.02T
| $7.33M | ﹤0.01% |
33,861
-1,344
| -4% | -$287K |
|
|
CBM
1928
PUT
DELISTED
Cambrex Corporation
CBM
| $7.32M | ﹤0.01% |
133,000
+75,600
| +132% | +$4.04M |
|
1929
eBay
EBAY
$46.4B
| $7.32M | ﹤0.01% |
+218,043
| New | +$7.09M |
|
|
BPL
1930
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $7.31M | ﹤0.01% |
106,600
-11,300
| -10% | -$770K |
|
1931
PUT
Sony
SONY
$141B
| $7.3M | ﹤0.01% |
1,082,000
-211,000
| -16% | -$1.32M |
|
1932
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $7.28M | ﹤0.01% |
93,700
+18,700
| +25% | +$1.44M |
|
1933
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $7.28M | ﹤0.01% |
+111,826
| New | +$7.23M |
|
|
DD
1934
DELISTED
Du Pont De Nemours E I
DD
| $7.27M | ﹤0.01% |
90,522
+87,122
| +2,562% | +$6.77M |
|
|
MMP
1935
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $7.27M | ﹤0.01% |
94,500
-120,700
| -56% | -$9.36M |
|
1936
Ball Corp
BALL
$17B
| $7.26M | ﹤0.01% |
195,596
+132,348
| +209% | +$4.94M |
|
1937
Vanguard Consumer Discretionary ETF
VCR
$6.04B
| $7.26M | ﹤0.01% |
52,438
+25,804
| +97% | +$3.48M |
|
|
AUY
1938
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $7.26M | ﹤0.01% |
2,630,900
-2,487,100
| -49% | -$7.52M |
|
1939
CALL
Willis Towers Watson
WTW
$31.9B
| $7.24M | ﹤0.01% |
55,300
+10,200
| +23% | +$1.3M |
|
|
BCR
1940
CALL
DELISTED
CR Bard Inc.
BCR
| $7.23M | ﹤0.01% |
29,100
-3,500
| -11% | -$844K |
|
1941
CALL
Quanta Services
PWR
$92.7B
| $7.23M | ﹤0.01% |
194,800
-202,300
| -51% | -$7.39M |
|
|
NUVA
1942
CALL
DELISTED
NuVasive, Inc.
NUVA
| $7.23M | ﹤0.01% |
96,800
+31,100
| +47% | +$2.26M |
|
|
DO
1943
CALL
DELISTED
Diamond Offshore Drilling
DO
| $7.22M | ﹤0.01% |
432,200
+134,600
| +45% | +$2.29M |
|
|
AXON
1944
CALL
Axon Enterprise
AXON
$49.4B
| $7.22M | ﹤0.01% |
316,800
-123,500
| -28% | -$3.03M |
|
1945
Howmet Aerospace
HWM
$107B
| $7.22M | ﹤0.01% |
357,173
-2,121,232
| -86% | -$41.7M |
|
1946
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.19B
| $7.21M | ﹤0.01% |
94,242
-1,016
| -1% | -$77K |
|
1947
PUT
Puma Biotechnology
PBYI
$473M
| $7.21M | ﹤0.01% |
193,900
+113,700
| +142% | +$4.15M |
|
1948
iShares S&P 500 Value ETF
IVE
$50.3B
| $7.21M | ﹤0.01% |
69,273
+16,308
| +31% | +$1.69M |
|
|
JKS
1949
PUT
JinkoSolar
JKS
$715M
| $7.21M | ﹤0.01% |
434,900
-180,800
| -29% | -$2.86M |
|
|
AY
1950
PUT
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $7.2M | ﹤0.01% |
343,300
+97,200
| +39% | +$2.05M |
|
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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.