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 |
Amazon
AMZN
|
+$685M |
| 2 |
BAS
Basis Energy Services, Inc.
BAS
|
+$459M |
| 3 |
WFT
Weatherford International plc
WFT
|
+$354M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Mondelez International
MDLZ
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$3.97B |
| 2 |
Bank of America
BAC
|
+$1.16B |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$192M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$174M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$141M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.75% |
| 2 | Consumer Discretionary | 1.45% |
| 3 | Healthcare | 1.23% |
| 4 | Financials | 1.18% |
| 5 | Energy | 0.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
CALL
Western Digital
WDC
$166B
| $120M | 0.06% |
2,339,461
+642,846
| +38% | +$29.6M |
|
|
PXD
277
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $120M | 0.06% |
667,100
-23,500
| -3% | -$4.31M |
|
278
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $120M | 0.06% |
55
+5
| +10% | +$15.9M |
|
279
PUT
AbbVie
ABBV
$468B
| $120M | 0.06% |
1,913,500
+462,900
| +32% | +$28.3M |
|
|
MON
280
CALL
DELISTED
Monsanto Co
MON
| $119M | 0.06% |
1,135,400
-1,271,900
| -53% | -$130M |
|
281
PUT
Philip Morris
PM
$293B
| $119M | 0.06% |
1,304,500
-67,000
| -5% | -$6.21M |
|
282
CALL
EOG Resources
EOG
$80.3B
| $119M | 0.06% |
1,175,200
+126,300
| +12% | +$12.3M |
|
283
CALL
3M
MMM
$92.3B
| $118M | 0.06% |
792,350
-3,708
| -0.5% | -$535K |
|
|
PARA
284
CALL
DELISTED
Paramount Global Class B
PARA
| $118M | 0.06% |
1,857,500
-620,700
| -25% | -$36.8M |
|
285
PUT
MetLife
MET
$60B
| $116M | 0.06% |
2,411,066
-145,299
| -6% | -$6.66M |
|
286
PUT
American Express
AXP
$227B
| $116M | 0.06% |
1,560,200
-470,200
| -23% | -$32.6M |
|
287
CALL
Crown Castle
CCI
$32.1B
| $115M | 0.06% |
1,329,900
+52,100
| +4% | +$4.56M |
|
288
PUT
Qualcomm
QCOM
$169B
| $114M | 0.06% |
1,755,000
-1,044,300
| -37% | -$70.2M |
|
289
iShares Silver Trust
SLV
$33.8B
| $114M | 0.06% |
7,547,393
-3,134,852
| -29% | -$51M |
|
290
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $114M | 0.06% |
1,287,300
-1,605,300
| -55% | -$146M |
|
291
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $113M | 0.06% |
2,038,900
+921,000
| +82% | +$45.1M |
|
|
APC
292
CALL
DELISTED
Anadarko Petroleum
APC
| $113M | 0.06% |
1,617,800
-464,600
| -22% | -$30.2M |
|
293
CALL
Devon Energy
DVN
$54B
| $112M | 0.06% |
2,460,200
+1,010,900
| +70% | +$44.6M |
|
294
Blackstone
BX
$108B
| $112M | 0.06% |
4,151,769
-526,188
| -11% | -$13.7M |
|
295
CALL
eBay
EBAY
$46.3B
| $112M | 0.06% |
3,757,800
+107,300
| +3% | +$3.17M |
|
296
PUT
ConocoPhillips
COP
$162B
| $111M | 0.06% |
2,217,100
-604,500
| -21% | -$27.9M |
|
297
Microsoft
MSFT
$3.59T
| $111M | 0.06% |
+1,787,909
| New | +$108M |
|
|
RTN
298
PUT
DELISTED
Raytheon Company
RTN
| $111M | 0.06% |
780,400
+601,500
| +336% | +$85.5M |
|
|
299
Bristol-Myers Squibb
BMY
$137B
| $110M | 0.06% |
1,887,200
-2,572,211
| -58% | -$141M |
|
300
PUT
Honeywell
HON
$68.4B
| $109M | 0.06% |
1,045,005
-397,307
| -28% | -$40.4M |
|
Similar funds
Jeff Yass's Q4 2016 Portfolio in Review
As of Q4 2016, Jeff Yass held 10,783 positions worth $197B, down 4.9% from $207B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jeff Yass withdrew a net $12.7B in Q4 2016, closing 1,274 positions and reducing 3,383 holdings. Its most notable exit was Synchrony, an estimated $104M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jeff Yass opened a new position in Basis Energy Services, Inc. worth $59.7M.
- Jeff Yass's largest Q4 2016 buy was Basis Energy Services, Inc.: 1,689,160 shares worth $59.7M.
- Jeff Yass added most to Amazon in Q4 2016, an estimated $685M increase.
- Jeff Yass's biggest Q4 2016 reduction was Procter & Gamble, cutting an estimated $3.97B.
- Jeff Yass fully exited Synchrony in Q4 2016, selling an estimated $104M.
- Jeff Yass's ten largest holdings make up 21% of its $197B portfolio in Q4 2016.
- Jeff Yass opened 2,442 new positions and closed 1,274 in Q4 2016.
- Jeff Yass's portfolio value fell 4.9% quarter-over-quarter to $197B.
Based on Susquehanna International Group's 13F filing for Q4 2016, filed 14 Feb 2017.