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 | |
|---|---|---|---|---|---|---|
451
CALL
Dollar Tree
DLTR
$25.3B
| $66.7M | 0.03% |
864,300
+285,500
| +49% | +$23M |
|
452
PUT
Williams Companies
WMB
$86.2B
| $66.6M | 0.03% |
2,140,300
-88,600
| -4% | -$2.67M |
|
453
PUT
Vale
VALE
$62.1B
| $66.6M | 0.03% |
8,744,100
-697,700
| -7% | -$5.11M |
|
|
ICPT
454
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $66.4M | 0.03% |
611,500
+147,200
| +32% | +$17.5M |
|
|
XLNX
455
CALL
DELISTED
Xilinx Inc
XLNX
| $66.4M | 0.03% |
1,100,300
+291,500
| +36% | +$15.7M |
|
456
CALL
Kimberly-Clark
KMB
$36.4B
| $66.1M | 0.03% |
579,600
+178,100
| +44% | +$20.7M |
|
|
LNW
457
CALL
DELISTED
Light & Wonder
LNW
| $65.9M | 0.03% |
4,704,300
-853,600
| -15% | -$11.7M |
|
|
AKS
458
CALL
DELISTED
AK Steel Holding Corp
AKS
| $65.6M | 0.03% |
6,424,100
+3,500,900
| +120% | +$26.6M |
|
459
CALL
Best Buy
BBY
$18.1B
| $65.5M | 0.03% |
1,533,900
+214,200
| +16% | +$9.1M |
|
460
PUT
Rio Tinto
RIO
$171B
| $65.3M | 0.03% |
1,698,300
+658,000
| +63% | +$24.1M |
|
|
ATVI
461
CALL
DELISTED
Activision Blizzard
ATVI
| $65.2M | 0.03% |
1,806,400
+189,200
| +12% | +$7.56M |
|
462
PUT
Whirlpool
WHR
$2.63B
| $65.2M | 0.03% |
358,600
+65,900
| +23% | +$10.9M |
|
463
CALL
International Paper
IP
$22B
| $65.2M | 0.03% |
1,297,085
+122,919
| +10% | +$5.68M |
|
464
CALL
Freeport-McMoran
FCX
$110B
| $64.5M | 0.03% |
4,893,300
-336,300
| -6% | -$4.3M |
|
465
Eli Lilly
LLY
$1.12T
| $64.3M | 0.03% |
874,695
+741,678
| +558% | +$55.2M |
|
466
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $64.2M | 0.03% |
1,242,000
-767,000
| -38% | -$39.7M |
|
467
Wynn Resorts
WYNN
$10.3B
| $64.2M | 0.03% |
741,915
+131,973
| +22% | +$12.3M |
|
468
BP
BP
$115B
| $64M | 0.03% |
1,998,769
-195,425
| -9% | -$5.88M |
|
469
CALL
NetEase
NTES
$82.1B
| $63.8M | 0.03% |
1,481,500
+22,500
| +2% | +$1.07M |
|
470
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $63.7M | 0.03% |
285,114
-583,222
| -67% | -$127M |
|
|
SCHW
471
CALL
Charles Schwab
SCHW
$194B
| $63.6M | 0.03% |
1,611,500
+385,800
| +31% | +$13.8M |
|
|
ESRX
472
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $63.6M | 0.03% |
924,200
+257,000
| +39% | +$18.4M |
|
473
CALL
Deutsche Bank
DB
$71.1B
| $63.2M | 0.03% |
3,910,928
+845,936
| +28% | +$11.9M |
|
474
PUT
Kohl's
KSS
$2B
| $63.1M | 0.03% |
1,276,900
+158,400
| +14% | +$7.84M |
|
475
CALL
Cboe Global Markets
CBOE
$31.4B
| $62.6M | 0.03% |
847,600
+309,600
| +58% | +$21.3M |
|
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.