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 | |
|---|---|---|---|---|---|---|
376
CALL
DuPont de Nemours
DD
$18.7B
| $83.9M | 0.04% |
579,172
-318,235
| -35% | -$44.3M |
|
377
CALL
Williams Companies
WMB
$86.2B
| $83.5M | 0.04% |
2,681,500
-348,000
| -11% | -$10.5M |
|
378
CALL
Wynn Resorts
WYNN
$10.3B
| $83.4M | 0.04% |
963,800
-108,000
| -10% | -$10.1M |
|
379
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $83.3M | 0.04% |
2,298,200
+762,900
| +50% | +$30.5M |
|
380
Bausch Health
BHC
$2.41B
| $83.3M | 0.04% |
5,737,085
+2,557,197
| +80% | +$46.9M |
|
381
PUT
Mastercard
MA
$509B
| $82.7M | 0.04% |
800,900
+25,100
| +3% | +$2.6M |
|
382
PUT
Cummins
CMI
$80.9B
| $82.5M | 0.04% |
604,000
+114,100
| +23% | +$15.3M |
|
|
RTN
383
CALL
DELISTED
Raytheon Company
RTN
| $82.5M | 0.04% |
580,700
+261,200
| +82% | +$37.1M |
|
384
PUT
United Airlines
UAL
$36.7B
| $82.2M | 0.04% |
1,128,500
+112,600
| +11% | +$7.17M |
|
385
PUT
CVS Health
CVS
$119B
| $82M | 0.04% |
1,038,600
+313,900
| +43% | +$25.4M |
|
|
CHK
386
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $81.8M | 0.04% |
58,265
-11,221
| -16% | -$14.7M |
|
387
CALL
Ulta Beauty
ULTA
$22.4B
| $81.6M | 0.04% |
319,900
-48,900
| -13% | -$12.2M |
|
388
CALL
HCA Healthcare
HCA
$92.9B
| $81.3M | 0.04% |
1,097,800
+296,900
| +37% | +$22.2M |
|
389
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $81.2M | 0.04% |
2,267,400
+1,410,000
| +164% | +$49.2M |
|
390
CALL
Synchrony
SYF
$25.9B
| $81.2M | 0.04% |
2,238,100
+1,589,900
| +245% | +$50.8M |
|
|
391
CALL
Bausch Health
BHC
$2.41B
| $81.1M | 0.04% |
5,584,900
-679,000
| -11% | -$12.5M |
|
|
392
CALL
CVS Health
CVS
$119B
| $79.3M | 0.04% |
1,005,500
+30,500
| +3% | +$2.47M |
|
393
PUT
Petrobras
PBR
$123B
| $79.3M | 0.04% |
7,844,300
+2,223,800
| +40% | +$23.7M |
|
|
MBLY
394
CALL
DELISTED
Mobileye N.V.
MBLY
| $79.2M | 0.04% |
2,076,600
+735,300
| +55% | +$27.6M |
|
395
CALL
Las Vegas Sands
LVS
$30.5B
| $78.9M | 0.04% |
1,478,100
+317,100
| +27% | +$18.5M |
|
396
Altria Group
MO
$110B
| $78.9M | 0.04% |
1,167,232
+1,084,832
| +1,317% | +$69.9M |
|
397
CALL
Hilton Worldwide
HLT
$73.5B
| $78.7M | 0.04% |
964,800
-128,467
| -12% | -$9.45M |
|
398
CALL
Costco
COST
$420B
| $78.4M | 0.04% |
489,700
-636,100
| -57% | -$97.1M |
|
|
ATVI
399
PUT
DELISTED
Activision Blizzard
ATVI
| $77.7M | 0.04% |
2,152,000
+1,157,700
| +116% | +$46.3M |
|
400
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$635M
| $77.6M | 0.04% |
30,665
-1,915
| -6% | -$5.85M |
|
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.