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 | |
|---|---|---|---|---|---|---|
2176
PUT
Caesarstone
CSTE
$113M
| $5.85M | ﹤0.01% |
161,300
-28,900
| -15% | -$930K |
|
2177
CALL
Fomento Económico Mexicano
FMX
$41.9B
| $5.84M | ﹤0.01% |
66,000
+23,900
| +57% | +$1.95M |
|
2178
CALL
PACCAR
PCAR
$68B
| $5.84M | ﹤0.01% |
130,350
-118,800
| -48% | -$5.35M |
|
|
PDCE
2179
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $5.83M | ﹤0.01% |
93,500
-62,900
| -40% | -$4.42M |
|
2180
PUT
Marvell Technology
MRVL
$220B
| $5.83M | ﹤0.01% |
382,000
+29,200
| +8% | +$450K |
|
2181
Applied Optoelectronics
AAOI
$9.66B
| $5.79M | ﹤0.01% |
103,163
+47,839
| +86% | +$1.89M |
|
2182
CALL
Nordic American Tanker
NAT
$1.38B
| $5.79M | ﹤0.01% |
713,866
-829,785
| -54% | -$6.86M |
|
2183
United Airlines
UAL
$37.3B
| $5.79M | ﹤0.01% |
81,964
+27,687
| +51% | +$2M |
|
2184
PUT
Annaly Capital Management
NLY
$17.2B
| $5.79M | ﹤0.01% |
130,250
-136,075
| -51% | -$5.79M |
|
2185
IQVIA
IQV
$43B
| $5.79M | ﹤0.01% |
71,865
+39,468
| +122% | +$3.08M |
|
2186
El Pollo Loco
LOCO
$476M
| $5.78M | ﹤0.01% |
483,448
+157,083
| +48% | +$1.93M |
|
|
BPT
2187
PUT
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $5.77M | ﹤0.01% |
287,200
+79,800
| +38% | +$1.99M |
|
2188
PUT
Ultragenyx Pharmaceutical
RARE
$2.61B
| $5.77M | ﹤0.01% |
85,100
+26,900
| +46% | +$2.05M |
|
|
LCI
2189
PUT
DELISTED
Lannett Company, Inc.
LCI
| $5.77M | ﹤0.01% |
64,500
-30,700
| -32% | -$2.62M |
|
|
SWN
2190
PUT
DELISTED
Southwestern Energy Company
SWN
| $5.76M | ﹤0.01% |
705,400
-697,800
| -50% | -$6.04M |
|
2191
CALL
Markel Group
MKL
$22.5B
| $5.76M | ﹤0.01% |
5,900
-1,000
| -14% | -$945K |
|
2192
CALL
Hormel Foods
HRL
$13B
| $5.76M | ﹤0.01% |
166,200
-61,000
| -27% | -$2.18M |
|
2193
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $5.75M | ﹤0.01% |
227,295
+147,945
| +186% | +$3.57M |
|
2194
Stellantis
STLA
$19.4B
| $5.75M | ﹤0.01% |
527,888
+217,809
| +70% | +$2.34M |
|
2195
CALL
Henry Schein
HSIC
$10.1B
| $5.75M | ﹤0.01% |
86,190
+50,745
| +143% | +$3.3M |
|
2196
PUT
Omnicom Group
OMC
$24.1B
| $5.74M | ﹤0.01% |
66,600
+41,600
| +166% | +$3.55M |
|
2197
PUT
Kinross Gold
KGC
$38.3B
| $5.74M | ﹤0.01% |
1,635,000
-1,175,800
| -42% | -$4.22M |
|
|
TFCF
2198
PUT
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $5.73M | ﹤0.01% |
180,400
-56,800
| -24% | -$1.71M |
|
|
KYNB
2199
PUT
Kyntra Bio
KYNB
$32.8M
| $5.72M | ﹤0.01% |
9,276
-184
| -2% | -$112K |
|
2200
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $5.71M | ﹤0.01% |
132,882
+102,121
| +332% | +$4.5M |
|
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.