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 |
Procter & Gamble
PG
|
+$4.12B |
| 2 |
Gilead Sciences
GILD
|
+$379M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$286M |
| 4 |
Amazon
AMZN
|
+$271M |
| 5 |
Meta Platforms (Facebook)
META
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$762M |
| 2 |
SPDR Gold Trust
GLD
|
+$410M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$400M |
| 4 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$227M |
| 5 |
Synchrony
SYF
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 2.31% |
| 2 | Technology | 1.26% |
| 3 | Financials | 1.12% |
| 4 | Healthcare | 1.04% |
| 5 | Consumer Discretionary | 0.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
Newmont
NEM
$139B
| $134M | 0.06% |
3,422,900
+576,100
| +20% | +$23.9M |
|
252
PUT
NXP Semiconductors
NXPI
$56.9B
| $134M | 0.06% |
1,317,900
+538,700
| +69% | +$45.7M |
|
|
VMW
253
PUT
DELISTED
VMware, Inc
VMW
| $134M | 0.06% |
1,826,300
+262,000
| +17% | +$18.4M |
|
254
PUT
Philip Morris
PM
$293B
| $133M | 0.06% |
1,371,500
+319,200
| +30% | +$32M |
|
255
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $133M | 0.06% |
3,100,500
+418,100
| +16% | +$17.4M |
|
|
APC
256
CALL
DELISTED
Anadarko Petroleum
APC
| $132M | 0.06% |
2,082,400
+181,800
| +10% | +$10.1M |
|
257
PUT
Palo Alto Networks
PANW
$292B
| $132M | 0.06% |
4,968,000
-993,000
| -17% | -$22.6M |
|
258
CALL
Starbucks
SBUX
$122B
| $130M | 0.06% |
2,405,900
+65,300
| +3% | +$3.65M |
|
259
PUT
Micron Technology
MU
$1.09T
| $130M | 0.06% |
7,325,000
-1,547,600
| -17% | -$23.6M |
|
260
CALL
Herbalife
HLF
$1.33B
| $130M | 0.06% |
4,198,800
-55,800
| -1% | -$1.76M |
|
261
PUT
American Express
AXP
$227B
| $130M | 0.06% |
2,030,400
+333,700
| +20% | +$21.4M |
|
262
CALL
JD.com
JD
$39.7B
| $130M | 0.06% |
4,970,700
-961,300
| -16% | -$23.2M |
|
263
CALL
RTX Corp
RTX
$283B
| $129M | 0.06% |
2,023,592
+497,357
| +33% | +$33M |
|
264
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $129M | 0.06% |
3,216,200
+422,000
| +15% | +$17M |
|
265
CALL
Occidental Petroleum
OXY
$61.3B
| $129M | 0.06% |
1,763,400
-74,700
| -4% | -$5.59M |
|
266
CALL
American International
AIG
$39.8B
| $128M | 0.06% |
2,165,400
-1,046,000
| -33% | -$59.8M |
|
267
PUT
Ford
F
$57.5B
| $128M | 0.06% |
10,631,100
+1,447,100
| +16% | +$18.3M |
|
|
PXD
268
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $128M | 0.06% |
690,600
-51,900
| -7% | -$8.83M |
|
269
NETSCOUT
NTCT
$2.8B
| $128M | 0.06% |
4,377,458
-535,475
| -11% | -$14.7M |
|
270
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $128M | 0.06% |
4,049,900
+97,300
| +2% | +$3.05M |
|
271
CALL
US Bancorp
USB
$96.7B
| $128M | 0.06% |
2,972,900
+379,400
| +15% | +$16.1M |
|
|
EA
272
CALL
DELISTED
Electronic Arts
EA
| $126M | 0.06% |
1,478,900
+707,200
| +92% | +$56.6M |
|
|
B
273
PUT
Barrick Mining
B
$78.3B
| $126M | 0.06% |
7,084,200
+439,300
| +7% | +$8.76M |
|
274
PUT
Medtronic
MDT
$119B
| $125M | 0.06% |
1,445,600
+115,400
| +9% | +$10.1M |
|
275
CALL
Accenture
ACN
$113B
| $125M | 0.06% |
1,021,000
+535,100
| +110% | +$60.9M |
|
Similar funds
Jeff Yass's Q3 2016 Portfolio in Review
As of Q3 2016, Jeff Yass held 9,816 positions worth $207B, up 11% from $187B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $7.57B of net new capital in Q3 2016, opening 1,347 new positions and adding to 3,275 existing holdings. Its largest new stake was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
By sector, the portfolio is most concentrated in Consumer Staples at 2.3% of assets, up from 0.28% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Apple, an estimated $762M trimmed.
- Jeff Yass's largest Q3 2016 buy was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
- Jeff Yass added most to Procter & Gamble in Q3 2016, an estimated $4.12B increase.
- Jeff Yass's biggest Q3 2016 reduction was Apple, cutting an estimated $762M.
- Jeff Yass fully exited QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS in Q3 2016, selling an estimated $227M.
- Jeff Yass's ten largest holdings make up 27% of its $207B portfolio in Q3 2016.
- Jeff Yass opened 1,347 new positions and closed 1,488 in Q3 2016.
- Jeff Yass's portfolio value rose 11% quarter-over-quarter to $207B.
Based on Susquehanna International Group's 13F filing for Q3 2016, filed 14 Nov 2016.