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 | |
|---|---|---|---|---|---|---|
501
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$67.8M
| $58.9M | 0.03% |
487
+44
| +10% | +$5.41M |
|
502
PUT
HSBC
HSBC
$357B
| $58.6M | 0.03% |
1,615,663
-134,611
| -8% | -$4.77M |
|
503
CALL
Autodesk
ADSK
$53.6B
| $58.5M | 0.03% |
790,400
+309,500
| +64% | +$22.8M |
|
504
PUT
Cheniere Energy
LNG
$57.3B
| $58.3M | 0.03% |
1,407,400
+570,500
| +68% | +$23M |
|
505
PUT
Illumina
ILMN
$33.1B
| $58.1M | 0.03% |
466,712
+107,632
| +30% | +$14.5M |
|
506
CALL
Aflac
AFL
$58.2B
| $58.1M | 0.03% |
1,670,000
+149,200
| +10% | +$5.25M |
|
|
WCG
507
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $58.1M | 0.03% |
423,500
-12,100
| -3% | -$1.54M |
|
|
ETP
508
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $58M | 0.03% |
1,619,300
+269,100
| +20% | +$9.6M |
|
|
BWLD
509
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $57.9M | 0.03% |
375,200
+76,900
| +26% | +$12M |
|
510
CALL
Southwest Airlines
LUV
$19.8B
| $57.4M | 0.03% |
1,152,100
-120,000
| -9% | -$5.38M |
|
511
CALL
Applied Materials
AMAT
$391B
| $57.3M | 0.03% |
1,775,400
+652,600
| +58% | +$19.9M |
|
|
EA
512
CALL
DELISTED
Electronic Arts
EA
| $57.3M | 0.03% |
727,400
-751,500
| -51% | -$60.4M |
|
513
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $57.1M | 0.03% |
545,000
+261,900
| +93% | +$28.1M |
|
514
PUT
Dick's Sporting Goods
DKS
$16.4B
| $56.8M | 0.03% |
1,070,200
+866,900
| +426% | +$49.7M |
|
515
PUT
Occidental Petroleum
OXY
$61.3B
| $56.4M | 0.03% |
792,000
-36,000
| -4% | -$2.56M |
|
516
PUT
GSK
GSK
$105B
| $56M | 0.03% |
1,162,560
+148,640
| +15% | +$7.34M |
|
517
PUT
Kraft Heinz
KHC
$30.3B
| $55M | 0.03% |
630,100
+79,300
| +14% | +$6.78M |
|
518
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $54.9M | 0.03% |
1,108,600
-1,991,900
| -64% | -$93.6M |
|
|
WFM
519
DELISTED
Whole Foods Market Inc
WFM
| $54.9M | 0.03% |
1,783,910
+792,905
| +80% | +$23.9M |
|
520
PUT
Equinix
EQIX
$105B
| $54.7M | 0.03% |
153,100
-105,100
| -41% | -$36.7M |
|
521
PUT
Perrigo
PRGO
$1.98B
| $54.7M | 0.03% |
657,400
-212,000
| -24% | -$18.4M |
|
522
PUT
Phillips 66
PSX
$96.9B
| $54.6M | 0.03% |
631,900
-192,000
| -23% | -$16M |
|
523
PUT
eBay
EBAY
$46.3B
| $54.4M | 0.03% |
1,831,700
-189,100
| -9% | -$5.58M |
|
524
PUT
Vodafone
VOD
$36.9B
| $54.2M | 0.03% |
2,219,100
+431,800
| +24% | +$11.4M |
|
|
TIF
525
PUT
DELISTED
Tiffany & Co.
TIF
| $54.1M | 0.03% |
698,900
+100,300
| +17% | +$7.72M |
|
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.