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 | |
|---|---|---|---|---|---|---|
2076
PUT
PTC
PTC
$16.5B
| $6.35M | ﹤0.01% |
120,800
+66,500
| +122% | +$3.52M |
|
2077
Ross Stores
ROST
$75.8B
| $6.34M | ﹤0.01% |
+96,301
| New | +$6.44M |
|
2078
CALL
American Eagle Outfitters
AEO
$2.95B
| $6.34M | ﹤0.01% |
452,000
-724,200
| -62% | -$10.8M |
|
2079
PUT
Editas Medicine
EDIT
$488M
| $6.34M | ﹤0.01% |
+283,900
| New | +$5.88M |
|
|
OCLR
2080
CALL
DELISTED
Oclaro Inc.
OCLR
| $6.34M | ﹤0.01% |
645,300
-779,200
| -55% | -$7.32M |
|
|
ANDV
2081
DELISTED
Andeavor
ANDV
| $6.33M | ﹤0.01% |
78,077
+34,487
| +79% | +$2.89M |
|
2082
CALL
Alaunos Therapeutics
TCRT
$4.52M
| $6.33M | ﹤0.01% |
6,654
-1,594
| -19% | -$1.48M |
|
2083
CALL
The Bancorp
TBBK
$2.7B
| $6.32M | ﹤0.01% |
1,239,200
-1,203,800
| -49% | -$6.89M |
|
2084
CALL
Norwegian Cruise Line
NCLH
$7.85B
| $6.32M | ﹤0.01% |
124,500
+33,800
| +37% | +$1.64M |
|
|
ONIT
2085
PUT
Onity Group
ONIT
$288M
| $6.31M | ﹤0.01% |
76,940
+4,413
| +6% | +$337K |
|
|
SGEN
2086
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $6.31M | ﹤0.01% |
100,400
-6,400
| -6% | -$399K |
|
|
LNW
2087
CALL
DELISTED
Light & Wonder
LNW
| $6.31M | ﹤0.01% |
266,800
-4,437,500
| -94% | -$85.7M |
|
2088
Starwood Property Trust
STWD
$5.89B
| $6.3M | ﹤0.01% |
279,130
+143,930
| +106% | +$3.25M |
|
2089
CALL
BorgWarner
BWA
$13.2B
| $6.3M | ﹤0.01% |
171,195
+4,771
| +3% | +$174K |
|
2090
PUT
Magna International
MGA
$17.7B
| $6.29M | ﹤0.01% |
145,800
+50,800
| +53% | +$2.22M |
|
2091
SLB Ltd
SLB
$79.5B
| $6.29M | ﹤0.01% |
80,550
-47,336
| -37% | -$3.87M |
|
2092
Packaging Corp of America
PKG
$22B
| $6.29M | ﹤0.01% |
68,600
| – | – |
|
2093
Advance Auto Parts
AAP
$2.66B
| $6.28M | ﹤0.01% |
42,367
+34,444
| +435% | +$5.53M |
|
|
MFA
2094
MFA Financial
MFA
$890M
| $6.27M | ﹤0.01% |
194,004
+129,039
| +199% | +$4.11M |
|
2095
PUT
CNX Resources
CNX
$5.33B
| $6.26M | ﹤0.01% |
447,960
-1,571,880
| -78% | -$22.1M |
|
|
HBI
2096
DELISTED
Hanesbrands
HBI
| $6.26M | ﹤0.01% |
301,632
-60,051
| -17% | -$1.27M |
|
2097
CALL
Boston Scientific
BSX
$69.8B
| $6.26M | ﹤0.01% |
251,700
-72,600
| -22% | -$1.77M |
|
2098
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $6.26M | ﹤0.01% |
199,200
-434,400
| -69% | -$12.9M |
|
|
BIVV
2099
PUT
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $6.25M | ﹤0.01% |
+114,800
| New | +$5.65M |
|
2100
PG&E
PCG
$40.1B
| $6.24M | ﹤0.01% |
94,087
-24,565
| -21% | -$1.57M |
|
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.