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 |
Procter & Gamble
PG
|
+$4.12B |
| 2 |
Gilead Sciences
GILD
|
+$379M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$286M |
| 4 |
Amazon
AMZN
|
+$271M |
| 5 |
Meta Platforms (Facebook)
META
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$762M |
| 2 |
SPDR Gold Trust
GLD
|
+$410M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$400M |
| 4 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$227M |
| 5 |
Synchrony
SYF
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 2.31% |
| 2 | Technology | 1.26% |
| 3 | Financials | 1.12% |
| 4 | Healthcare | 1.04% |
| 5 | Consumer Discretionary | 0.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
CALL
Mondelez International
MDLZ
$82.4B
| $60.4M | 0.03% |
1,374,900
+192,900
| +16% | +$8.46M |
|
477
CALL
Under Armour
UAA
$2.31B
| $60.2M | 0.03% |
1,557,600
-213,100
| -12% | -$8.61M |
|
478
CALL
MGM Resorts International
MGM
$11B
| $60M | 0.03% |
2,306,500
+734,200
| +47% | +$17.8M |
|
479
American Airlines Group
AAL
$9.08B
| $59.8M | 0.03% |
1,634,695
-1,531,655
| -48% | -$54.1M |
|
480
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $59.7M | 0.03% |
645,500
-4,900
| -0.8% | -$461K |
|
481
CALL
LyondellBasell Industries
LYB
$21.1B
| $59.7M | 0.03% |
740,200
-255,500
| -26% | -$19.7M |
|
|
DFS
482
CALL
DELISTED
Discover Financial Services
DFS
| $59.6M | 0.03% |
1,054,500
+93,300
| +10% | +$5.34M |
|
483
PUT
HSBC
HSBC
$355B
| $59.5M | 0.03% |
1,750,274
+276,823
| +19% | +$8.69M |
|
|
CHK
484
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $59.4M | 0.03% |
47,392
-17,264
| -27% | -$19.9M |
|
485
Wynn Resorts
WYNN
$10.2B
| $59.4M | 0.03% |
609,942
+421,216
| +223% | +$41.1M |
|
486
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $59.3M | 0.03% |
1,339,537
-212,909
| -14% | -$10.1M |
|
487
CALL
ProShares Ultra S&P500
SSO
$8.38B
| $59M | 0.03% |
6,647,200
+232,800
| +4% | +$2.05M |
|
488
PUT
Harley-Davidson
HOG
$2.94B
| $58.8M | 0.03% |
1,117,700
+507,900
| +83% | +$26.3M |
|
489
PUT
Capri Holdings
CPRI
$1.57B
| $58.7M | 0.03% |
1,254,900
-38,000
| -3% | -$1.89M |
|
490
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $58.6M | 0.03% |
475,900
+275,300
| +137% | +$33.9M |
|
|
RDS.A
491
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $58.6M | 0.03% |
1,211,623
+871,439
| +256% | +$42.6M |
|
492
CALL
Workday
WDAY
$49.4B
| $58.5M | 0.03% |
637,900
+110,900
| +21% | +$9.24M |
|
493
PUT
iShares Silver Trust
SLV
$33.3B
| $58.4M | 0.03% |
3,208,900
+1,026,400
| +47% | +$19.1M |
|
494
PUT
Monster Beverage
MNST
$95.6B
| $58.3M | 0.03% |
4,768,800
+2,706,000
| +131% | +$35.1M |
|
495
PUT
Simon Property Group
SPG
$71.1B
| $58.1M | 0.03% |
280,900
+41,200
| +17% | +$8.93M |
|
496
PUT
Range Resources
RRC
$9.54B
| $57.6M | 0.03% |
1,487,300
+486,400
| +49% | +$19.7M |
|
497
PUT
Accenture
ACN
$113B
| $57.4M | 0.03% |
469,800
+56,100
| +14% | +$6.39M |
|
498
CALL
HP
HPQ
$26.1B
| $57.4M | 0.03% |
3,695,300
+1,761,200
| +91% | +$25.1M |
|
|
MBLY
499
CALL
DELISTED
Mobileye N.V.
MBLY
| $57.1M | 0.03% |
1,341,300
+145,600
| +12% | +$6.73M |
|
500
CALL
Freeport-McMoran
FCX
$111B
| $56.8M | 0.03% |
5,229,600
-3,477,100
| -40% | -$40M |
|
Similar funds
Jeff Yass's Q3 2016 Portfolio in Review
As of Q3 2016, Jeff Yass held 9,816 positions worth $207B, up 11% from $187B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $7.57B of net new capital in Q3 2016, opening 1,347 new positions and adding to 3,275 existing holdings. Its largest new stake was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
By sector, the portfolio is most concentrated in Consumer Staples at 2.3% of assets, up from 0.28% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Apple, an estimated $762M trimmed.
- Jeff Yass's largest Q3 2016 buy was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
- Jeff Yass added most to Procter & Gamble in Q3 2016, an estimated $4.12B increase.
- Jeff Yass's biggest Q3 2016 reduction was Apple, cutting an estimated $762M.
- Jeff Yass fully exited QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS in Q3 2016, selling an estimated $227M.
- Jeff Yass's ten largest holdings make up 27% of its $207B portfolio in Q3 2016.
- Jeff Yass opened 1,347 new positions and closed 1,488 in Q3 2016.
- Jeff Yass's portfolio value rose 11% quarter-over-quarter to $207B.
Based on Susquehanna International Group's 13F filing for Q3 2016, filed 14 Nov 2016.