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 | |
|---|---|---|---|---|---|---|
1951
PUT
Teleflex
TFX
$5.88B
| $7.19M | ﹤0.01% |
37,100
+9,200
| +33% | +$1.66M |
|
1952
CALL
Pan American Silver
PAAS
$21.8B
| $7.17M | ﹤0.01% |
409,200
+64,500
| +19% | +$1.17M |
|
|
CBPO
1953
CALL
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $7.17M | ﹤0.01% |
71,600
+62,600
| +696% | +$6.69M |
|
1954
PUT
Global X Silver Miners ETF NEW
SIL
$5.46B
| $7.16M | ﹤0.01% |
198,900
+159,700
| +407% | +$5.88M |
|
1955
PUT
Veeva Systems
VEEV
$39.8B
| $7.16M | ﹤0.01% |
139,700
+85,300
| +157% | +$3.83M |
|
|
WBMD
1956
PUT
DELISTED
WebMD Health Corp.
WBMD
| $7.16M | ﹤0.01% |
136,000
+74,600
| +121% | +$3.81M |
|
1957
Vanguard Long-Term Bond ETF
BLV
$5.77B
| $7.16M | ﹤0.01% |
79,485
-6,536
| -8% | -$586K |
|
1958
CALL
Group 1 Automotive
GPI
$3.13B
| $7.15M | ﹤0.01% |
96,500
-19,400
| -17% | -$1.52M |
|
1959
Hormel Foods
HRL
$13B
| $7.15M | ﹤0.01% |
206,443
+126,896
| +160% | +$4.53M |
|
1960
Schwab Fundamental International Small Company Index ETF
FNDC
$3.18B
| $7.14M | ﹤0.01% |
233,252
-214,395
| -48% | -$6.4M |
|
1961
Cintas
CTAS
$82.3B
| $7.14M | ﹤0.01% |
225,548
+140,748
| +166% | +$4.17M |
|
1962
CALL
Idexx Laboratories
IDXX
$43.6B
| $7.13M | ﹤0.01% |
46,100
+25,300
| +122% | +$3.49M |
|
1963
CALL
Dillards
DDS
$9.87B
| $7.13M | ﹤0.01% |
136,400
+43,800
| +47% | +$2.4M |
|
1964
CALL
Sunoco
SUN
$14.1B
| $7.12M | ﹤0.01% |
294,600
+36,700
| +14% | +$973K |
|
1965
First Trust Dorsey Wright Focus 5 ETF
FV
$3.83B
| $7.11M | ﹤0.01% |
295,838
-110,862
| -27% | -$2.66M |
|
1966
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $7.1M | ﹤0.01% |
126,920
-29,120
| -19% | -$1.68M |
|
1967
CALL
Essex Property Trust
ESS
$18.5B
| $7.08M | ﹤0.01% |
30,600
+500
| +2% | +$115K |
|
1968
CALL
W.W. Grainger
GWW
$62.9B
| $7.08M | ﹤0.01% |
30,400
-8,700
| -22% | -$2.14M |
|
1969
CALL
Adient
ADNT
$1.46B
| $7.07M | ﹤0.01% |
97,300
+63,900
| +191% | +$4.2M |
|
1970
PUT
Boston Scientific
BSX
$69.8B
| $7.06M | ﹤0.01% |
283,700
+43,900
| +18% | +$1.07M |
|
1971
PUT
Ventas
VTR
$48B
| $7.04M | ﹤0.01% |
108,300
-1,300
| -1% | -$80.9K |
|
1972
CALL
Global Payments
GPN
$24.6B
| $7.04M | ﹤0.01% |
87,300
+58,800
| +206% | +$4.61M |
|
1973
PUT
Canadian Solar
CSIQ
$942M
| $7.04M | ﹤0.01% |
573,500
-190,300
| -25% | -$2.46M |
|
|
PFPT
1974
CALL
DELISTED
Proofpoint, Inc.
PFPT
| $7.03M | ﹤0.01% |
94,600
+61,500
| +186% | +$4.89M |
|
|
FDC
1975
CALL
DELISTED
First Data Corporation
FDC
| $7.02M | ﹤0.01% |
453,100
+349,500
| +337% | +$5.48M |
|
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.