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 | |
|---|---|---|---|---|---|---|
426
PUT
Devon Energy
DVN
$54B
| $71M | 0.04% |
1,555,700
-412,800
| -21% | -$18.2M |
|
427
CALL
Johnson Controls International
JCI
$86.7B
| $71M | 0.04% |
1,723,200
+315,700
| +22% | +$13.8M |
|
428
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $71M | 0.04% |
1,403,400
-406,000
| -22% | -$17.6M |
|
429
CALL
Deere & Co
DE
$175B
| $70.2M | 0.04% |
681,000
-468,300
| -41% | -$44M |
|
430
CALL
CME Group
CME
$98.9B
| $69.8M | 0.04% |
604,800
+97,100
| +19% | +$10.8M |
|
|
RSX
431
PUT
DELISTED
VanEck Russia ETF
RSX
| $69.7M | 0.04% |
3,285,900
+295,900
| +10% | +$5.74M |
|
432
CALL
BP
BP
$115B
| $69.7M | 0.04% |
2,176,288
-617,987
| -22% | -$18.6M |
|
433
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$462M
| $69.6M | 0.04% |
843,300
+61,000
| +8% | +$5.39M |
|
434
CALL
Adobe
ADBE
$109B
| $69.6M | 0.04% |
675,900
+196,600
| +41% | +$20.8M |
|
435
CALL
PayPal
PYPL
$52.7B
| $69.5M | 0.04% |
1,761,700
+266,900
| +18% | +$10.7M |
|
|
GWPH
436
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $69.4M | 0.04% |
621,300
+144,300
| +30% | +$17.4M |
|
437
CALL
Monster Beverage
MNST
$93.6B
| $69.3M | 0.04% |
6,252,400
-2,273,600
| -27% | -$26M |
|
438
CALL
Cummins
CMI
$80.9B
| $69.3M | 0.04% |
506,800
+109,000
| +27% | +$14.6M |
|
439
CALL
Whirlpool
WHR
$2.63B
| $68.9M | 0.04% |
379,100
+71,500
| +23% | +$11.8M |
|
440
Biogen
BIIB
$32B
| $68.8M | 0.03% |
242,696
-153,346
| -39% | -$45.5M |
|
441
CALL
iShares MSCI Japan ETF
EWJ
$22.4B
| $68.4M | 0.03% |
1,398,400
+1,031,650
| +281% | +$51.5M |
|
442
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $68.3M | 0.03% |
990,600
-556,100
| -36% | -$38.6M |
|
443
PUT
Abbott
ABT
$202B
| $68.1M | 0.03% |
1,773,300
+8,000
| +0.5% | +$317K |
|
444
CALL
AB InBev
BUD
$155B
| $68M | 0.03% |
645,000
-87,900
| -12% | -$9.85M |
|
445
CALL
Advanced Micro Devices
AMD
$773B
| $67.8M | 0.03% |
5,980,700
+2,989,200
| +100% | +$25.1M |
|
446
PUT
JD.com
JD
$39.7B
| $67.4M | 0.03% |
2,647,500
-354,900
| -12% | -$9.25M |
|
|
JCP
447
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $67.2M | 0.03% |
8,082,600
+3,852,000
| +91% | +$34.8M |
|
|
BHI
448
CALL
DELISTED
Baker Hughes
BHI
| $66.9M | 0.03% |
1,029,700
+139,400
| +16% | +$8.28M |
|
449
PUT
American International
AIG
$39.8B
| $66.8M | 0.03% |
1,023,100
-203,500
| -17% | -$12.8M |
|
|
WBA
450
DELISTED
Walgreens Boots Alliance
WBA
| $66.8M | 0.03% |
+806,995
| New | +$66.7M |
|
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.