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 | |
|---|---|---|---|---|---|---|
|
WBA
201
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $171M | 0.09% |
2,055,200
+547,300
| +36% | +$45.9M |
|
202
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $170M | 0.09% |
6,625,200
+4,600
| +0.1% | +$115K |
|
203
CALL
Morgan Stanley
MS
$336B
| $170M | 0.09% |
3,960,600
-1,218,400
| -24% | -$54.1M |
|
204
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $169M | 0.09% |
4,314,800
+348,300
| +9% | +$13.9M |
|
205
CALL
3M
MMM
$92.3B
| $168M | 0.09% |
1,052,121
+259,771
| +33% | +$39.8M |
|
206
PUT
Altria Group
MO
$110B
| $168M | 0.09% |
2,353,600
-227,500
| -9% | -$16.5M |
|
207
CALL
NXP Semiconductors
NXPI
$56.9B
| $168M | 0.08% |
1,618,700
+684,300
| +73% | +$69.2M |
|
208
DuPont de Nemours
DD
$18.7B
| $167M | 0.08% |
1,040,686
+376,689
| +57% | +$58.5M |
|
209
PUT
UnitedHealth
UNH
$350B
| $167M | 0.08% |
1,016,500
-156,300
| -13% | -$25.6M |
|
|
210
PUT
NXP Semiconductors
NXPI
$56.9B
| $165M | 0.08% |
1,595,000
-170,700
| -10% | -$17.3M |
|
211
Micron Technology
MU
$1.09T
| $164M | 0.08% |
5,687,478
+5,560,624
| +4,383% | +$136M |
|
212
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $163M | 0.08% |
1,574,900
-1,878,100
| -54% | -$194M |
|
|
TWTR
213
PUT
DELISTED
Twitter, Inc.
TWTR
| $162M | 0.08% |
10,811,600
-995,100
| -8% | -$16.2M |
|
|
214
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $162M | 0.08% |
4,130,500
+69,100
| +2% | +$2.76M |
|
215
CALL
American International
AIG
$39.8B
| $161M | 0.08% |
2,584,900
+134,600
| +5% | +$8.64M |
|
216
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $161M | 0.08% |
4,614,288
+4,099,196
| +796% | +$148M |
|
217
PUT
MetLife
MET
$60B
| $161M | 0.08% |
3,416,041
+1,004,975
| +42% | +$47.9M |
|
218
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $161M | 0.08% |
6,776,900
-417,600
| -6% | -$10M |
|
219
Bristol-Myers Squibb
BMY
$137B
| $160M | 0.08% |
2,933,243
+1,046,043
| +55% | +$57.4M |
|
220
PUT
Broadcom
AVGO
$1.75T
| $158M | 0.08% |
7,233,000
-1,882,000
| -21% | -$38.8M |
|
221
CALL
Wynn Resorts
WYNN
$10.3B
| $158M | 0.08% |
1,377,000
+413,200
| +43% | +$41.2M |
|
|
BAC.WS.A
222
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $157M | 0.08% |
13,900,626
+3,903,979
| +39% | +$44.8M |
|
223
PUT
Target
TGT
$75.1B
| $155M | 0.08% |
2,805,400
+1,803,300
| +180% | +$112M |
|
|
WBA
224
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $154M | 0.08% |
1,851,400
-192,000
| -9% | -$16.1M |
|
225
PUT
Qualcomm
QCOM
$169B
| $154M | 0.08% |
2,678,200
+923,200
| +53% | +$53.6M |
|
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 $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 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.