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 | |
|---|---|---|---|---|---|---|
326
CALL
General Dynamics
GD
$104B
| $101M | 0.05% |
587,000
+265,500
| +83% | +$43.4M |
|
327
CALL
Newmont
NEM
$139B
| $101M | 0.05% |
2,964,200
-458,700
| -13% | -$15.7M |
|
|
YHOO
328
PUT
DELISTED
Yahoo Inc
YHOO
| $101M | 0.05% |
2,608,500
-1,261,100
| -33% | -$51.7M |
|
329
PUT
Ulta Beauty
ULTA
$22.4B
| $101M | 0.05% |
395,400
-88,200
| -18% | -$22M |
|
330
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $101M | 0.05% |
2,476,000
-740,200
| -23% | -$29.9M |
|
331
CALL
Blackrock
BLK
$179B
| $101M | 0.05% |
264,800
+15,700
| +6% | +$5.76M |
|
|
BAC.WS.A
332
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $99.5M | 0.05% |
+9,996,647
| New | +$73.7M |
|
|
333
CALL
Mondelez International
MDLZ
$82.3B
| $99.2M | 0.05% |
2,237,200
+862,300
| +63% | +$37.1M |
|
334
Alphabet (Google) Class A
GOOGL
$4.22T
| $98.8M | 0.05% |
+2,493,800
| New | +$99.7M |
|
|
HES
335
PUT
DELISTED
Hess
HES
| $98.5M | 0.05% |
1,580,900
-338,700
| -18% | -$18.5M |
|
336
CALL
Valero Energy
VLO
$100B
| $98.1M | 0.05% |
1,436,000
+109,100
| +8% | +$6.71M |
|
337
PUT
NetEase
NTES
$82.1B
| $97.9M | 0.05% |
2,274,000
+1,144,000
| +101% | +$54.6M |
|
338
CALL
Energy Transfer Partners
ET
$73B
| $97.9M | 0.05% |
5,070,500
-208,900
| -4% | -$3.49M |
|
339
CALL
MGM Resorts International
MGM
$11B
| $96.9M | 0.05% |
3,362,300
+1,055,800
| +46% | +$29.2M |
|
340
AB InBev
BUD
$155B
| $96.6M | 0.05% |
915,792
-123,008
| -12% | -$13.8M |
|
341
DuPont de Nemours
DD
$18.7B
| $96.2M | 0.05% |
663,997
+530,796
| +398% | +$73.9M |
|
342
PUT
Skyworks Solutions
SWKS
$10.1B
| $96.1M | 0.05% |
1,287,000
-6,800
| -0.5% | -$524K |
|
343
PUT
Macy's
M
$6B
| $95.9M | 0.05% |
2,677,800
+265,200
| +11% | +$10.3M |
|
344
CALL
Palo Alto Networks
PANW
$292B
| $95.7M | 0.05% |
4,590,000
-827,400
| -15% | -$19.8M |
|
345
NVIDIA
NVDA
$5.2T
| $95.5M | 0.05% |
35,789,360
+35,545,360
| +14,568% | +$74.3M |
|
|
346
PUT
Blackrock
BLK
$179B
| $95.3M | 0.05% |
250,400
-4,800
| -2% | -$1.76M |
|
347
PUT
Constellation Brands
STZ
$23.2B
| $95.2M | 0.05% |
620,800
+124,500
| +25% | +$19.8M |
|
348
CALL
Phillips 66
PSX
$96.9B
| $94.7M | 0.05% |
1,095,900
+61,800
| +6% | +$5.14M |
|
349
CALL
Oracle
ORCL
$422B
| $94.4M | 0.05% |
2,455,200
+446,900
| +22% | +$17.5M |
|
|
MBLY
350
PUT
DELISTED
Mobileye N.V.
MBLY
| $94.3M | 0.05% |
2,472,900
+1,011,600
| +69% | +$38M |
|
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.