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 | |
|---|---|---|---|---|---|---|
301
PUT
AB InBev
BUD
$155B
| $109M | 0.06% |
1,034,300
-141,500
| -12% | -$15.9M |
|
302
Invesco QQQ Trust
QQQ
$486B
| $109M | 0.06% |
+916,867
| New | +$108M |
|
303
PUT
Cisco
CSCO
$438B
| $108M | 0.06% |
3,584,700
+499,900
| +16% | +$15.2M |
|
|
APC
304
PUT
DELISTED
Anadarko Petroleum
APC
| $108M | 0.06% |
1,552,500
-41,700
| -3% | -$2.71M |
|
305
PUT
Comcast
CMCSA
$95.3B
| $108M | 0.05% |
3,135,000
-1,966,400
| -39% | -$65.7M |
|
306
PUT
Delta Air Lines
DAL
$54.2B
| $108M | 0.05% |
2,196,000
-1,262,000
| -36% | -$57.5M |
|
307
CALL
Kraft Heinz
KHC
$30.3B
| $108M | 0.05% |
1,234,600
+411,800
| +50% | +$35.2M |
|
308
PUT
Expedia Group
EXPE
$38.6B
| $108M | 0.05% |
950,200
-253,500
| -21% | -$30.9M |
|
309
CALL
Nike
NKE
$60.5B
| $107M | 0.05% |
2,111,200
-580,600
| -22% | -$29.8M |
|
310
CALL
lululemon athletica
LULU
$13.7B
| $107M | 0.05% |
1,651,000
+656,800
| +66% | +$39.2M |
|
311
PUT
United Parcel Service
UPS
$86.8B
| $107M | 0.05% |
934,300
-1,083,200
| -54% | -$122M |
|
312
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $107M | 0.05% |
1,919,800
+1,190,500
| +163% | +$58.3M |
|
|
ILG
313
PUT
DELISTED
ILG, Inc Common Stock
ILG
| $107M | 0.05% |
5,868,900
-97,400
| -2% | -$1.7M |
|
314
Coty
COTY
$2.41B
| $107M | 0.05% |
+5,816,845
| New | +$120M |
|
315
PUT
Las Vegas Sands
LVS
$30.5B
| $105M | 0.05% |
1,969,300
+525,300
| +36% | +$30.6M |
|
316
CALL
Macy's
M
$6B
| $105M | 0.05% |
2,919,100
+522,700
| +22% | +$20.3M |
|
|
317
PUT
lululemon athletica
LULU
$13.7B
| $104M | 0.05% |
1,596,600
+491,700
| +45% | +$29.3M |
|
318
CALL
Hewlett Packard
HPE
$70.8B
| $104M | 0.05% |
7,706,032
+2,292,299
| +42% | +$30.6M |
|
|
B
319
Barrick Mining
B
$78.3B
| $103M | 0.05% |
6,472,282
+984,718
| +18% | +$15.6M |
|
320
CALL
Occidental Petroleum
OXY
$61.3B
| $103M | 0.05% |
1,444,500
-318,900
| -18% | -$22.6M |
|
|
321
PUT
Mondelez International
MDLZ
$82.3B
| $103M | 0.05% |
2,314,300
+803,900
| +53% | +$34.6M |
|
322
PUT
Newmont
NEM
$139B
| $103M | 0.05% |
3,010,700
+695,800
| +30% | +$23.8M |
|
323
PUT
Viatris
VTRS
$18.7B
| $102M | 0.05% |
2,681,900
+78,900
| +3% | +$2.93M |
|
324
CALL
Skyworks Solutions
SWKS
$10.1B
| $102M | 0.05% |
1,362,900
-270,100
| -17% | -$20.8M |
|
325
CALL
Prudential Financial
PRU
$41.8B
| $102M | 0.05% |
977,500
+70,000
| +8% | +$6.64M |
|
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.