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 | |
|---|---|---|---|---|---|---|
|
ZGNX
1926
PUT
DELISTED
Zogenix, Inc.
ZGNX
| $8.27M | ﹤0.01% |
236,000
+26,400
| +13% | +$358K |
|
1927
AngloGold Ashanti
AU
$59.7B
| $8.27M | ﹤0.01% |
890,079
+391,904
| +79% | +$3.79M |
|
1928
Infosys
INFY
$47.3B
| $8.27M | ﹤0.01% |
1,133,094
+616,372
| +119% | +$4.67M |
|
1929
Cheniere Energy
CQP
$33.2B
| $8.26M | ﹤0.01% |
286,759
+175,890
| +159% | +$5.08M |
|
1930
PUT
Rithm Capital
RITM
$5.63B
| $8.26M | ﹤0.01% |
493,800
-764,400
| -61% | -$12.5M |
|
1931
EQT Corp
EQT
$34.3B
| $8.26M | ﹤0.01% |
232,531
+175,184
| +305% | +$5.96M |
|
1932
CALL
Regency Centers
REG
$14B
| $8.26M | ﹤0.01% |
+133,100
| New | +$8.57M |
|
|
DATA
1933
DELISTED
Tableau Software, Inc.
DATA
| $8.26M | ﹤0.01% |
+110,265
| New | +$7.66M |
|
|
TWOU
1934
CALL
DELISTED
2U Inc
TWOU
| $8.24M | ﹤0.01% |
4,903
-2,857
| -37% | -$4.3M |
|
|
BITA
1935
CALL
DELISTED
Bitauto Holdings Limited
BITA
| $8.24M | ﹤0.01% |
184,500
+2,700
| +1% | +$97.5K |
|
|
HA
1936
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.22M | ﹤0.01% |
218,800
-34,900
| -14% | -$1.48M |
|
1937
PUT
Packaging Corp of America
PKG
$22B
| $8.21M | ﹤0.01% |
71,600
+26,500
| +59% | +$2.96M |
|
|
ARNA
1938
PUT
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $8.18M | ﹤0.01% |
320,900
+149,700
| +87% | +$3.43M |
|
1939
CALL
Essex Property Trust
ESS
$18.5B
| $8.18M | ﹤0.01% |
32,200
+22,300
| +225% | +$5.82M |
|
1940
PUT
Macerich
MAC
$6.86B
| $8.18M | ﹤0.01% |
148,800
-21,600
| -13% | -$1.21M |
|
1941
PUT
Eagle Materials
EXP
$6.14B
| $8.16M | ﹤0.01% |
76,500
+31,300
| +69% | +$2.99M |
|
|
CTRA
1942
DELISTED
Coterra Energy
CTRA
| $8.16M | ﹤0.01% |
305,031
-536,286
| -64% | -$13.6M |
|
1943
CALL
Trade Desk
TTD
$6.12B
| $8.15M | ﹤0.01% |
1,325,000
-186,000
| -12% | -$1.01M |
|
|
K
1944
DELISTED
Kellanova
K
| $8.13M | ﹤0.01% |
138,824
-3,581
| -3% | -$226K |
|
1945
Jack in the Box
JACK
$316M
| $8.12M | ﹤0.01% |
79,711
-42,462
| -35% | -$4.06M |
|
1946
CALL
ManpowerGroup
MAN
$2.88B
| $8.12M | ﹤0.01% |
68,900
-18,200
| -21% | -$2.04M |
|
1947
CALL
Galicia Financial Group
GGAL
$7.05B
| $8.11M | ﹤0.01% |
157,400
+26,100
| +20% | +$1.12M |
|
1948
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $8.1M | ﹤0.01% |
75,800
-30,100
| -28% | -$3.16M |
|
|
RGC
1949
PUT
DELISTED
Regal Entertainment Group
RGC
| $8.1M | ﹤0.01% |
506,400
+495,600
| +4,589% | +$8.54M |
|
1950
PUT
DexCom
DXCM
$33.6B
| $8.1M | ﹤0.01% |
662,000
-158,800
| -19% | -$2.81M |
|
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.