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 | |
|---|---|---|---|---|---|---|
2051
CALL
Hain Celestial
HAIN
$69.9M
| $6.51M | ﹤0.01% |
175,100
-703,600
| -80% | -$26.5M |
|
|
RDUS
2052
PUT
DELISTED
Radius Health, Inc.
RDUS
| $6.51M | ﹤0.01% |
168,500
-220,600
| -57% | -$9.25M |
|
2053
SBA Communications
SBAC
$19.7B
| $6.51M | ﹤0.01% |
54,079
+21,226
| +65% | +$2.34M |
|
2054
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.9M
| $6.47M | ﹤0.01% |
84,628
+32,511
| +62% | +$2.47M |
|
2055
CALL
Texas Capital Bancshares
TCBI
$4.28B
| $6.46M | ﹤0.01% |
77,400
-78,900
| -50% | -$6.61M |
|
2056
CALL
Fossil Group
FOSL
$321M
| $6.46M | ﹤0.01% |
370,100
+291,700
| +372% | +$6.18M |
|
2057
McDonald's
MCD
$189B
| $6.44M | ﹤0.01% |
+49,706
| New | +$6.24M |
|
2058
Direxion Daily Technology Bull 3x ETF
TECL
$5.63B
| $6.43M | ﹤0.01% |
961,200
+376,820
| +64% | +$2.28M |
|
2059
CALL
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.9B
| $6.43M | ﹤0.01% |
134,800
-4,800
| -3% | -$226K |
|
2060
CALL
Celanese
CE
$4.91B
| $6.43M | ﹤0.01% |
71,600
-18,200
| -20% | -$1.59M |
|
2061
PUT
ASML
ASML
$671B
| $6.43M | ﹤0.01% |
48,400
-22,900
| -32% | -$2.82M |
|
2062
CALL
Xcel Energy
XEL
$48.5B
| $6.42M | ﹤0.01% |
144,500
+48,800
| +51% | +$2.07M |
|
2063
CALL
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $6.42M | ﹤0.01% |
204,400
-6,045,000
| -97% | -$180M |
|
2064
PUT
Alaunos Therapeutics
TCRT
$4.52M
| $6.42M | ﹤0.01% |
6,747
-1,306
| -16% | -$1.22M |
|
2065
Royal Gold
RGLD
$22.5B
| $6.41M | ﹤0.01% |
91,471
-51,913
| -36% | -$3.52M |
|
2066
Thor Industries
THO
$4.05B
| $6.4M | ﹤0.01% |
+66,609
| New | +$6.91M |
|
|
LLL
2067
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $6.4M | ﹤0.01% |
38,700
-26,200
| -40% | -$4.24M |
|
|
USG
2068
CALL
DELISTED
Usg
USG
| $6.39M | ﹤0.01% |
201,000
-45,300
| -18% | -$1.44M |
|
2069
CALL
Canadian Solar
CSIQ
$942M
| $6.39M | ﹤0.01% |
520,700
+138,400
| +36% | +$1.79M |
|
|
TUP
2070
CALL
DELISTED
Tupperware Brands Corporation
TUP
| $6.38M | ﹤0.01% |
101,800
-130,300
| -56% | -$7.71M |
|
2071
PUT
PACCAR
PCAR
$68B
| $6.38M | ﹤0.01% |
142,350
+68,100
| +92% | +$3.07M |
|
2072
PUT
New Oriental
EDU
$9.19B
| $6.38M | ﹤0.01% |
105,600
-92,000
| -47% | -$4.67M |
|
|
AMJ
2073
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $6.37M | ﹤0.01% |
197,322
+107,322
| +119% | +$3.51M |
|
2074
PUT
Rockwell Automation
ROK
$47.9B
| $6.37M | ﹤0.01% |
40,900
-23,900
| -37% | -$3.57M |
|
|
HK
2075
CALL
DELISTED
Halcon Resources Corporation
HK
| $6.36M | ﹤0.01% |
826,400
-102,100
| -11% | -$861K |
|
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.