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 | |
|---|---|---|---|---|---|---|
|
ARRY
2076
PUT
DELISTED
Array Biopharma Inc
ARRY
| $7.15M | ﹤0.01% |
581,200
-227,600
| -28% | -$2.11M |
|
2077
PUT
CBRE Group
CBRE
$43.5B
| $7.15M | ﹤0.01% |
188,700
+24,900
| +15% | +$916K |
|
|
FISV
2078
CALL
Fiserv Inc
FISV
$27.9B
| $7.14M | ﹤0.01% |
110,800
-83,400
| -43% | -$5.18M |
|
2079
PUT
Tucows
TCX
$102M
| $7.14M | ﹤0.01% |
121,900
-55,400
| -31% | -$3.01M |
|
2080
T-Mobile US
TMUS
$193B
| $7.13M | ﹤0.01% |
115,648
-293,157
| -72% | -$18.4M |
|
|
LJPC
2081
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $7.13M | ﹤0.01% |
204,939
+194,613
| +1,885% | +$6.26M |
|
2082
PUT
Kimco Realty
KIM
$16.1B
| $7.12M | ﹤0.01% |
364,400
-230,000
| -39% | -$4.51M |
|
|
HZNP
2083
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $7.11M | ﹤0.01% |
560,900
-106,300
| -16% | -$1.35M |
|
2084
CALL
ATI
ATI
$29B
| $7.11M | ﹤0.01% |
297,500
-301,000
| -50% | -$5.95M |
|
2085
VeriSign
VRSN
$26.5B
| $7.11M | ﹤0.01% |
66,813
+22,919
| +52% | +$2.31M |
|
2086
PUT
Mohawk Industries
MHK
$8.95B
| $7.1M | ﹤0.01% |
28,700
+400
| +1% | +$99.6K |
|
2087
Energizer
ENR
$1.5B
| $7.1M | ﹤0.01% |
154,246
+133,248
| +635% | +$6M |
|
2088
CALL
Jack in the Box
JACK
$316M
| $7.09M | ﹤0.01% |
69,600
-42,500
| -38% | -$4.06M |
|
2089
Schwab Emerging Markets Equity ETF
SCHE
$13B
| $7.08M | ﹤0.01% |
263,116
+47,851
| +22% | +$1.27M |
|
2090
CALL
AGNC Investment
AGNC
$12.8B
| $7.06M | ﹤0.01% |
325,800
-6,600
| -2% | -$141K |
|
2091
DexCom
DXCM
$33.6B
| $7.06M | ﹤0.01% |
577,336
+506,796
| +718% | +$8.96M |
|
|
PVG
2092
PUT
DELISTED
PRETIUM RESOURCES INC.
PVG
| $7.02M | ﹤0.01% |
757,800
+476,000
| +169% | +$4.27M |
|
2093
CALL
iShares S&P 500 Growth ETF
IVW
$76B
| $7.01M | ﹤0.01% |
195,600
-373,200
| -66% | -$13.1M |
|
2094
PUT
KeyCorp
KEY
$23.6B
| $7.01M | ﹤0.01% |
372,500
-314,300
| -46% | -$5.69M |
|
2095
PUT
Unilever
UL
$140B
| $7.01M | ﹤0.01% |
107,467
+5,067
| +5% | +$326K |
|
|
HK
2096
CALL
DELISTED
Halcon Resources Corporation
HK
| $7.01M | ﹤0.01% |
1,030,500
+191,900
| +23% | +$1.2M |
|
|
SWN
2097
DELISTED
Southwestern Energy Company
SWN
| $7M | ﹤0.01% |
1,146,204
+668,032
| +140% | +$3.79M |
|
2098
Visteon
VC
$2.77B
| $7M | ﹤0.01% |
56,548
-76,923
| -58% | -$8.72M |
|
2099
PUT
Motorola Solutions
MSI
$80.6B
| $6.99M | ﹤0.01% |
82,300
-17,800
| -18% | -$1.56M |
|
2100
PUT
Exelon
EXC
$45.8B
| $6.98M | ﹤0.01% |
259,650
-4,767
| -2% | -$128K |
|
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.