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 | |
|---|---|---|---|---|---|---|
2101
PUT
ProShares Ultra Financials
UYG
$852M
| $6.23M | ﹤0.01% |
192,300
+126,300
| +191% | +$4.11M |
|
|
MASI
2102
DELISTED
Masimo
MASI
| $6.22M | ﹤0.01% |
66,674
-39,449
| -37% | -$3.25M |
|
|
NVO
2103
Novo Nordisk
NVO
$209B
| $6.21M | ﹤0.01% |
362,102
+86,810
| +32% | +$1.51M |
|
2104
CALL
AMC Global Media
AMCX
$524M
| $6.2M | ﹤0.01% |
105,600
+5,800
| +6% | +$333K |
|
2105
PUT
MSCI
MSCI
$41B
| $6.19M | ﹤0.01% |
+63,700
| New | +$5.77M |
|
|
LOGM
2106
CALL
DELISTED
LogMein, Inc.
LOGM
| $6.19M | ﹤0.01% |
63,500
+41,500
| +189% | +$4.13M |
|
2107
CALL
Abercrombie & Fitch
ANF
$6.56B
| $6.19M | ﹤0.01% |
518,700
-250,600
| -33% | -$2.98M |
|
|
SBNY
2108
CALL
DELISTED
Signature Bank
SBNY
| $6.19M | ﹤0.01% |
41,700
+7,000
| +20% | +$1.08M |
|
2109
iShares Micro-Cap ETF
IWC
$1.52B
| $6.18M | ﹤0.01% |
+72,208
| New | +$6.14M |
|
2110
PUT
Criteo S.A.
CRTO
$831M
| $6.18M | ﹤0.01% |
123,700
-55,200
| -31% | -$2.58M |
|
2111
CALL
American Water Works
AWK
$27.3B
| $6.18M | ﹤0.01% |
79,500
-73,600
| -48% | -$5.47M |
|
2112
CALL
AGNC Investment
AGNC
$12.8B
| $6.18M | ﹤0.01% |
310,500
+205,300
| +195% | +$3.96M |
|
2113
CALL
Terex
TEX
$7.47B
| $6.17M | ﹤0.01% |
196,600
+30,700
| +19% | +$964K |
|
|
ZLTQ
2114
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $6.17M | ﹤0.01% |
110,921
-52,047
| -32% | -$2.61M |
|
2115
CALL
Tyler Technologies
TYL
$14.4B
| $6.17M | ﹤0.01% |
39,900
+17,000
| +74% | +$2.59M |
|
2116
CALL
Dine Brands
DIN
$446M
| $6.17M | ﹤0.01% |
113,300
+107,000
| +1,698% | +$6.75M |
|
2117
PUT
Affiliated Managers Group
AMG
$9.58B
| $6.16M | ﹤0.01% |
37,600
+4,200
| +13% | +$665K |
|
2118
Dick's Sporting Goods
DKS
$11.6B
| $6.14M | ﹤0.01% |
126,147
+74,847
| +146% | +$3.79M |
|
|
SDRL
2119
CALL
DELISTED
Seadrill Limited Common Stock
SDRL
| $6.14M | ﹤0.01% |
13,891
+4,376
| +46% | +$2.5M |
|
|
HOLX
2120
DELISTED
Hologic
HOLX
| $6.13M | ﹤0.01% |
144,181
+67,650
| +88% | +$2.76M |
|
|
CHUY
2121
PUT
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $6.13M | ﹤0.01% |
205,800
-39,900
| -16% | -$1.17M |
|
2122
PUT
PBF Energy
PBF
$8.27B
| $6.11M | ﹤0.01% |
275,800
+164,400
| +148% | +$3.85M |
|
2123
PUT
Allstate
ALL
$66.2B
| $6.11M | ﹤0.01% |
75,000
+30,200
| +67% | +$2.38M |
|
|
ONIT
2124
CALL
Onity Group
ONIT
$288M
| $6.11M | ﹤0.01% |
74,480
-77,907
| -51% | -$5.94M |
|
2125
CALL
Albemarle
ALB
$15.9B
| $6.11M | ﹤0.01% |
57,800
-128,000
| -69% | -$12.5M |
|
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.