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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.03% |
| 2 | Consumer Discretionary | 1.46% |
| 3 | Financials | 1.01% |
| 4 | Healthcare | 0.92% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $12.7B | 5.56% |
52,369,500
+4,794,400
| +10% | +$1.15B |
|
|
2
PUT
Amazon
AMZN
$2.79T
| $6.24B | 2.74% |
129,002,000
+29,970,000
| +30% | +$1.43B |
|
|
3
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $5.92B | 2.6% |
24,500,700
-677,700
| -3% | -$162M |
|
4
PUT
Invesco QQQ Trust
QQQ
$486B
| $5.67B | 2.49% |
41,177,600
+17,234,900
| +72% | +$2.37B |
|
|
5
CALL
Amazon
AMZN
$2.79T
| $4.24B | 1.86% |
87,616,000
+14,878,000
| +20% | +$710M |
|
6
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.94B | 1.73% |
27,914,700
-1,069,100
| -4% | -$148M |
|
|
7
PUT
Apple
AAPL
$4.51T
| $3.42B | 1.5% |
94,850,400
+15,596,000
| +20% | +$577M |
|
|
8
CALL
Apple
AAPL
$4.51T
| $2.98B | 1.31% |
82,762,400
-19,007,600
| -19% | -$703M |
|
9
PUT
Tesla
TSLA
$1.43T
| $2.83B | 1.24% |
117,471,000
+12,259,500
| +12% | +$270M |
|
|
10
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.75B | 1.21% |
60,414,000
+8,074,000
| +15% | +$370M |
|
|
11
PUT
Booking.com
BKNG
$158B
| $2.66B | 1.17% |
35,612,500
+2,555,000
| +8% | +$187M |
|
|
12
CALL
Invesco QQQ Trust
QQQ
$486B
| $2.53B | 1.11% |
18,367,000
+8,206,500
| +81% | +$1.13B |
|
13
CALL
Meta Platforms (Facebook)
META
$1.4T
| $2.5B | 1.1% |
16,557,300
+2,188,100
| +15% | +$325M |
|
|
14
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $2.4B | 1.05% |
52,712,000
+5,654,000
| +12% | +$259M |
|
|
15
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.28B | 1% |
48,942,000
+14,156,000
| +41% | +$662M |
|
|
16
CALL
Tesla
TSLA
$1.43T
| $2.06B | 0.91% |
85,528,500
+5,068,500
| +6% | +$112M |
|
|
17
CALL
Alibaba
BABA
$286B
| $2.05B | 0.9% |
14,558,800
+8,378,900
| +136% | +$1.03B |
|
|
18
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.82B | 0.8% |
12,055,200
+901,500
| +8% | +$134M |
|
19
PUT
Bank of America
BAC
$431B
| $1.73B | 0.76% |
71,123,400
+12,961,800
| +22% | +$302M |
|
|
20
CALL
Booking.com
BKNG
$158B
| $1.65B | 0.73% |
22,080,000
-1,920,000
| -8% | -$141M |
|
|
21
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.56B | 0.69% |
33,656,000
+10,532,000
| +46% | +$493M |
|
|
22
PUT
Alibaba
BABA
$286B
| $1.47B | 0.65% |
10,441,300
+4,372,500
| +72% | +$540M |
|
|
23
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.35B | 0.59% |
9,551,400
-357,000
| -4% | -$49.4M |
|
24
PUT
NVIDIA
NVDA
$5.2T
| $1.26B | 0.55% |
348,548,000
+115,096,000
| +49% | +$366M |
|
25
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $1.25B | 0.55% |
19,161,000
+3,728,100
| +24% | +$241M |
|
Similar funds
Jeff Yass's Q2 2017 Portfolio in Review
As of Q2 2017, Jeff Yass held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Jeff Yass's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Jeff Yass added most to Apple in Q2 2017, an estimated $781M increase.
- Jeff Yass's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Jeff Yass fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Jeff Yass's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Jeff Yass opened 1,702 new positions and closed 1,419 in Q2 2017.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.