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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
PUT
Constellation Brands
STZ
$23.2B
| $272M | 0.1% |
1,191,900
+15,700
| +1% | +$3.39M |
|
177
PUT
SLB Ltd
SLB
$79.9B
| $272M | 0.1% |
4,040,700
+1,657,900
| +70% | +$107M |
|
178
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $272M | 0.1% |
5,566,000
+139,800
| +3% | +$6.97M |
|
179
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $268M | 0.09% |
2,101
+548
| +35% | +$99.8M |
|
180
CALL
PepsiCo
PEP
$196B
| $267M | 0.09% |
2,230,200
+1,111,400
| +99% | +$127M |
|
181
PUT
Target
TGT
$75.1B
| $266M | 0.09% |
4,084,200
+1,294,800
| +46% | +$78.2M |
|
182
PUT
Wynn Resorts
WYNN
$10.3B
| $266M | 0.09% |
1,579,300
-109,500
| -6% | -$16.9M |
|
|
183
CALL
GE Aerospace
GE
$361B
| $263M | 0.09% |
3,150,610
+540,936
| +21% | +$51.6M |
|
184
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $263M | 0.09% |
6,512,100
-2,150,200
| -25% | -$87M |
|
185
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $262M | 0.09% |
7,252,400
-1,798,400
| -20% | -$61.9M |
|
186
CALL
Mercado Libre
MELI
$97.5B
| $261M | 0.09% |
830,300
+264,100
| +47% | +$71.4M |
|
|
WBA
187
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $261M | 0.09% |
3,594,900
+2,314,500
| +181% | +$163M |
|
188
JD.com
JD
$39.7B
| $259M | 0.09% |
6,256,674
+2,942,422
| +89% | +$116M |
|
189
CALL
UnitedHealth
UNH
$350B
| $258M | 0.09% |
1,172,400
-13,900
| -1% | -$2.95M |
|
190
CALL
Mastercard
MA
$509B
| $258M | 0.09% |
1,706,600
+267,000
| +19% | +$39.7M |
|
191
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $257M | 0.09% |
3,176,700
+1,088,100
| +52% | +$88.3M |
|
192
CALL
Cisco
CSCO
$438B
| $257M | 0.09% |
6,708,800
-1,003,300
| -13% | -$35.8M |
|
193
CALL
Qualcomm
QCOM
$169B
| $257M | 0.09% |
4,009,100
+1,406,000
| +54% | +$85.3M |
|
194
PUT
CVS Health
CVS
$119B
| $255M | 0.09% |
3,517,400
+2,408,000
| +217% | +$175M |
|
195
CALL
Bausch Health
BHC
$2.41B
| $255M | 0.09% |
12,259,700
+7,549,600
| +160% | +$120M |
|
|
WBA
196
DELISTED
Walgreens Boots Alliance
WBA
| $255M | 0.09% |
+3,506,226
| New | +$247M |
|
197
PUT
Blackrock
BLK
$179B
| $253M | 0.09% |
493,300
+57,700
| +13% | +$28M |
|
|
198
CALL
Constellation Brands
STZ
$23.2B
| $253M | 0.09% |
1,108,100
+178,700
| +19% | +$38.6M |
|
199
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $251M | 0.09% |
5,322,900
-9,423,200
| -64% | -$436M |
|
|
MON
200
PUT
DELISTED
Monsanto Co
MON
| $249M | 0.09% |
2,133,300
-133,000
| -6% | -$15.8M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.