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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
CALL
Sturm, Ruger & Co
RGR
$611M
| $7.36M | ﹤0.01% |
118,400
-44,200
| -27% | -$2.75M |
|
1952
PUT
HEICO Corp
HEI
$48.4B
| $7.36M | ﹤0.01% |
200,000
+107,227
| +116% | +$3.95M |
|
1953
Yum! Brands
YUM
$42.1B
| $7.35M | ﹤0.01% |
99,703
+28,918
| +41% | +$2.01M |
|
1954
Mattel
MAT
$4.35B
| $7.34M | ﹤0.01% |
341,140
+308,146
| +934% | +$6.96M |
|
1955
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $7.34M | ﹤0.01% |
150,520
+10,880
| +8% | +$559K |
|
|
LL
1956
CALL
DELISTED
LL Flooring Holdings, Inc.
LL
| $7.34M | ﹤0.01% |
293,000
+46,400
| +19% | +$1.17M |
|
|
IMMU
1957
CALL
DELISTED
Immunomedics Inc
IMMU
| $7.32M | ﹤0.01% |
828,400
+107,300
| +15% | +$753K |
|
|
HRG
1958
DELISTED
HRG Group, Inc.
HRG
| $7.31M | ﹤0.01% |
412,957
+397,315
| +2,540% | +$7.46M |
|
1959
CALL
Aon
AON
$75.1B
| $7.3M | ﹤0.01% |
54,900
-31,600
| -37% | -$4M |
|
1960
CALL
Penske Automotive Group
PAG
$14.3B
| $7.29M | ﹤0.01% |
166,000
+75,800
| +84% | +$3.34M |
|
1961
PUT
Host Hotels & Resorts
HST
$15.4B
| $7.28M | ﹤0.01% |
398,700
+200,600
| +101% | +$3.68M |
|
1962
CALL
Urban Outfitters
URBN
$7.1B
| $7.28M | ﹤0.01% |
392,600
-156,800
| -29% | -$3.23M |
|
1963
CALL
Vanguard Financials ETF
VFH
$13.9B
| $7.28M | ﹤0.01% |
116,300
+105,900
| +1,018% | +$6.4M |
|
|
BIG
1964
PUT
DELISTED
Big Lots, Inc.
BIG
| $7.27M | ﹤0.01% |
150,600
-279,700
| -65% | -$13.6M |
|
1965
iShares Morningstar Small-Cap ETF
ISCB
$290M
| $7.27M | ﹤0.01% |
179,952
+113,920
| +173% | +$4.55M |
|
1966
PUT
Alkermes
ALKS
$8.25B
| $7.26M | ﹤0.01% |
125,300
+68,900
| +122% | +$4M |
|
1967
PUT
World Acceptance Corp
WRLD
$891M
| $7.26M | ﹤0.01% |
96,900
+11,200
| +13% | +$767K |
|
|
MLNX
1968
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $7.25M | ﹤0.01% |
167,500
+10,800
| +7% | +$512K |
|
1969
AGNC Investment
AGNC
$12.8B
| $7.25M | ﹤0.01% |
340,551
+55,151
| +19% | +$1.15M |
|
1970
PUT
Icahn Enterprises
IEP
$4.84B
| $7.25M | ﹤0.01% |
140,300
-58,600
| -29% | -$2.93M |
|
1971
PUT
Norwegian Cruise Line
NCLH
$7.85B
| $7.23M | ﹤0.01% |
133,100
+30,300
| +29% | +$1.56M |
|
1972
CALL
Sony
SONY
$141B
| $7.23M | ﹤0.01% |
946,000
-356,000
| -27% | -$2.53M |
|
1973
Franklin Covey
FC
$227M
| $7.21M | ﹤0.01% |
373,809
+48,375
| +15% | +$998K |
|
|
JNPR
1974
CALL
DELISTED
Juniper Networks
JNPR
| $7.21M | ﹤0.01% |
258,700
-7,200
| -3% | -$209K |
|
|
MFA
1975
MFA Financial
MFA
$890M
| $7.21M | ﹤0.01% |
214,850
+20,846
| +11% | +$690K |
|
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Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass's Q2 2017 filing shows 1,702 new, 3,804 increased, 3,457 reduced and 1,419 closed positions. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $353M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.