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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.42% |
| 3 | Communication Services | 1.04% |
| 4 | Healthcare | 0.74% |
| 5 | Financials | 0.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
PUT
MiMedx Group
MDXG
$644M
| $7.33M | ﹤0.01% |
617,200
+550,600
| +827% | +$8.17M |
|
|
REN
2052
PUT
DELISTED
Resolute Energy Corporaton
REN
| $7.32M | ﹤0.01% |
246,400
+68,700
| +39% | +$2.04M |
|
|
TRCO
2053
PUT
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $7.29M | ﹤0.01% |
178,400
+116,700
| +189% | +$4.74M |
|
2054
Ares Capital
ARCC
$14.3B
| $7.28M | ﹤0.01% |
444,339
+160,834
| +57% | +$2.6M |
|
2055
PUT
InterDigital
IDCC
$8.89B
| $7.28M | ﹤0.01% |
98,700
-52,500
| -35% | -$3.84M |
|
|
BITA
2056
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $7.27M | ﹤0.01% |
162,800
+81,000
| +99% | +$2.92M |
|
2057
PUT
Editas Medicine
EDIT
$488M
| $7.26M | ﹤0.01% |
302,500
+12,500
| +4% | +$238K |
|
2058
State Street SPDR S&P Metals & Mining ETF
XME
$4.81B
| $7.26M | ﹤0.01% |
225,675
-76,917
| -25% | -$2.41M |
|
2059
PUT
Vail Resorts
MTN
$5.3B
| $7.25M | ﹤0.01% |
31,800
+1,400
| +5% | +$304K |
|
2060
Hormel Foods
HRL
$13B
| $7.25M | ﹤0.01% |
225,674
+18,410
| +9% | +$602K |
|
2061
Vanguard Health Care ETF
VHT
$19.6B
| $7.24M | ﹤0.01% |
47,569
+20,218
| +74% | +$3.02M |
|
2062
CALL
iShares TIPS Bond ETF
TIP
$15.1B
| $7.24M | ﹤0.01% |
63,700
+30,100
| +90% | +$3.43M |
|
|
WLL
2063
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $7.23M | ﹤0.01% |
4,415
-982
| -18% | -$1.44M |
|
|
2064
InterDigital
IDCC
$8.89B
| $7.23M | ﹤0.01% |
98,023
+39,467
| +67% | +$2.89M |
|
2065
Dominion Energy
D
$58.8B
| $7.23M | ﹤0.01% |
93,953
+81,253
| +640% | +$6.32M |
|
2066
PUT
SAP
SAP
$244B
| $7.23M | ﹤0.01% |
65,900
-51,000
| -44% | -$5.42M |
|
|
SRCL
2067
PUT
DELISTED
Stericycle Inc
SRCL
| $7.23M | ﹤0.01% |
100,900
-20,300
| -17% | -$1.49M |
|
2068
PUT
Pan American Silver
PAAS
$21.8B
| $7.21M | ﹤0.01% |
423,100
-40,400
| -9% | -$697K |
|
2069
CALL
Precigen
PGEN
$2.66B
| $7.21M | ﹤0.01% |
379,000
+33,700
| +10% | +$694K |
|
|
SYT
2070
PUT
DELISTED
Syngenta Ag
SYT
| $7.19M | ﹤0.01% |
78,100
-420,200
| -84% | -$38.7M |
|
2071
PUT
Children's Place
PLCE
$59.4M
| $7.18M | ﹤0.01% |
60,800
+10,900
| +22% | +$1.17M |
|
|
DO
2072
CALL
DELISTED
Diamond Offshore Drilling
DO
| $7.18M | ﹤0.01% |
495,100
-50,100
| -9% | -$603K |
|
2073
PUT
SBA Communications
SBAC
$19.7B
| $7.17M | ﹤0.01% |
49,800
-26,700
| -35% | -$3.8M |
|
2074
CALL
Fortinet
FTNT
$116B
| $7.17M | ﹤0.01% |
1,000,500
-62,500
| -6% | -$475K |
|
2075
CALL
Sturm, Ruger & Co
RGR
$611M
| $7.16M | ﹤0.01% |
138,500
+20,100
| +17% | +$1.06M |
|
Similar funds
Jeff Yass's Q3 2017 Portfolio in Review
As of Q3 2017, Jeff Yass held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- Jeff Yass's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Jeff Yass added most to Apple in Q3 2017, an estimated $1.31B increase.
- Jeff Yass's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Jeff Yass fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Jeff Yass's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Jeff Yass opened 1,312 new positions and closed 1,693 in Q3 2017.
- Jeff Yass's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.