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 | |
|---|---|---|---|---|---|---|
2026
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $6.61M | ﹤0.01% |
+243,141
| New | +$6.55M |
|
|
CAVM
2027
CALL
DELISTED
Cavium, Inc.
CAVM
| $6.61M | ﹤0.01% |
92,200
-69,300
| -43% | -$4.64M |
|
|
SEE
2028
DELISTED
Sealed Air
SEE
| $6.6M | ﹤0.01% |
151,402
+75,592
| +100% | +$3.55M |
|
|
JCP
2029
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $6.6M | ﹤0.01% |
1,070,700
-240,100
| -18% | -$1.59M |
|
2030
CALL
Lazard
LAZ
$4.17B
| $6.59M | ﹤0.01% |
143,400
+41,600
| +41% | +$1.79M |
|
|
BCPC
2031
CALL
Balchem Corp
BCPC
$5.73B
| $6.59M | ﹤0.01% |
80,000
+42,800
| +115% | +$3.6M |
|
|
HOLX
2032
CALL
DELISTED
Hologic
HOLX
| $6.59M | ﹤0.01% |
154,900
+89,400
| +136% | +$3.64M |
|
2033
CALL
Sprouts Farmers Market
SFM
$8.1B
| $6.58M | ﹤0.01% |
284,800
+112,600
| +65% | +$2.21M |
|
2034
CALL
Keurig Dr Pepper
KDP
$43.8B
| $6.58M | ﹤0.01% |
67,200
-172,500
| -72% | -$16.1M |
|
2035
Medtronic
MDT
$118B
| $6.58M | ﹤0.01% |
81,640
-146,640
| -64% | -$11.5M |
|
2036
CALL
Under Armour Class C
UA
$2.16B
| $6.58M | ﹤0.01% |
359,400
+177,200
| +97% | +$3.69M |
|
2037
Franklin Covey
FC
$227M
| $6.57M | ﹤0.01% |
325,434
-31,388
| -9% | -$555K |
|
2038
VeriSign
VRSN
$26.5B
| $6.57M | ﹤0.01% |
75,440
+60,843
| +417% | +$5.06M |
|
2039
CALL
Wayfair
W
$14.2B
| $6.57M | ﹤0.01% |
162,200
-12,600
| -7% | -$498K |
|
2040
CALL
SS&C Technologies
SSNC
$19.5B
| $6.56M | ﹤0.01% |
185,400
+131,500
| +244% | +$4.42M |
|
2041
PUT
Cimpress
CMPR
$2.12B
| $6.56M | ﹤0.01% |
76,100
+46,100
| +154% | +$3.99M |
|
2042
KKR & Co
KKR
$97.4B
| $6.56M | ﹤0.01% |
359,747
-316,406
| -47% | -$5.62M |
|
2043
CALL
Papa John's
PZZA
$777M
| $6.55M | ﹤0.01% |
81,800
-4,400
| -5% | -$358K |
|
|
SAFM
2044
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $6.54M | ﹤0.01% |
63,000
-94,500
| -60% | -$8.92M |
|
2045
CALL
Nabors Industries
NBR
$1.29B
| $6.54M | ﹤0.01% |
10,008
-3,150
| -24% | -$2.41M |
|
|
WUBA
2046
PUT
DELISTED
58.com Inc
WUBA
| $6.53M | ﹤0.01% |
184,600
+84,900
| +85% | +$2.8M |
|
2047
PUT
Axalta
AXTA
$7.84B
| $6.53M | ﹤0.01% |
202,700
+73,200
| +57% | +$2.17M |
|
2048
iShares US Utilities ETF
IDU
$1.33B
| $6.53M | ﹤0.01% |
101,622
+29,118
| +40% | +$1.82M |
|
|
REN
2049
PUT
DELISTED
Resolute Energy Corporaton
REN
| $6.53M | ﹤0.01% |
161,500
-74,600
| -32% | -$3.21M |
|
|
STOR
2050
PUT
DELISTED
STORE Capital Corporation
STOR
| $6.52M | ﹤0.01% |
273,000
+252,300
| +1,219% | +$6.12M |
|
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.