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 | |
|---|---|---|---|---|---|---|
|
GGP
1976
CALL
DELISTED
GGP Inc.
GGP
| $8.29M | ﹤0.01% |
354,300
-800,200
| -69% | -$17.8M |
|
1977
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $8.28M | ﹤0.01% |
354,600
-234,000
| -40% | -$5.03M |
|
|
SNBR
1978
PUT
DELISTED
Sleep Number
SNBR
| $8.27M | ﹤0.01% |
220,000
+39,000
| +22% | +$1.33M |
|
1979
PUT
Unilever
UL
$140B
| $8.27M | ﹤0.01% |
132,800
+25,333
| +24% | +$1.61M |
|
|
CDK
1980
PUT
DELISTED
CDK Global, Inc.
CDK
| $8.27M | ﹤0.01% |
116,000
+92,500
| +394% | +$6.21M |
|
1981
CALL
Bank of Montreal
BMO
$121B
| $8.27M | ﹤0.01% |
103,300
-3,600
| -3% | -$281K |
|
1982
T-Mobile US
TMUS
$193B
| $8.25M | ﹤0.01% |
129,894
+14,246
| +12% | +$869K |
|
1983
CALL
Cleveland-Cliffs
CLF
$6.58B
| $8.2M | ﹤0.01% |
1,137,800
-567,200
| -33% | -$3.77M |
|
1984
CALL
Markel Group
MKL
$22.5B
| $8.2M | ﹤0.01% |
7,200
+100
| +1% | +$109K |
|
1985
CALL
Reliance Steel & Aluminium
RS
$20B
| $8.2M | ﹤0.01% |
95,600
+11,000
| +13% | +$866K |
|
1986
CALL
iShares US Home Construction ETF
ITB
$2.27B
| $8.16M | ﹤0.01% |
186,700
+111,100
| +147% | +$4.5M |
|
1987
CALL
Methanex
MEOH
$4.4B
| $8.16M | ﹤0.01% |
134,700
-47,300
| -26% | -$2.49M |
|
|
RDUS
1988
DELISTED
Radius Health, Inc.
RDUS
| $8.15M | ﹤0.01% |
256,474
+138,569
| +118% | +$4.35M |
|
|
SAFM
1989
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $8.13M | ﹤0.01% |
58,600
-102,500
| -64% | -$15.8M |
|
|
ATVI
1990
DELISTED
Activision Blizzard
ATVI
| $8.13M | ﹤0.01% |
128,420
-41,335
| -24% | -$2.61M |
|
1991
CALL
CNX Resources
CNX
$5.33B
| $8.12M | ﹤0.01% |
555,000
+6,840
| +1% | +$94.5K |
|
1992
Yum! Brands
YUM
$42.1B
| $8.12M | ﹤0.01% |
99,457
+69,246
| +229% | +$5.48M |
|
|
VER
1993
PUT
DELISTED
VEREIT, Inc.
VER
| $8.1M | ﹤0.01% |
208,040
+6,260
| +3% | +$251K |
|
|
HCR
1994
PUT
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $8.1M | ﹤0.01% |
757,200
-75,800
| -9% | -$760K |
|
|
LTRPA
1995
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $8.1M | ﹤0.01% |
859,441
+86,182
| +11% | +$885K |
|
|
DIVA
1996
DELISTED
AGFiQ Hedged Dividend Income Fund
DIVA
| $8.1M | ﹤0.01% |
325,825
+17,075
| +6% | +$429K |
|
1997
iShares Europe ETF
IEV
$1.7B
| $8.09M | ﹤0.01% |
+171,078
| New | +$8.02M |
|
|
CPN
1998
PUT
DELISTED
Calpine Corporation
CPN
| $8.08M | ﹤0.01% |
534,300
-59,200
| -10% | -$887K |
|
|
UN
1999
PUT
DELISTED
Unilever NV New York Registry Shares
UN
| $8.08M | ﹤0.01% |
143,400
+68,300
| +91% | +$3.94M |
|
2000
PUT
American Electric Power
AEP
$67.2B
| $8.06M | ﹤0.01% |
109,600
-13,200
| -11% | -$986K |
|
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.