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 | |
|---|---|---|---|---|---|---|
526
PUT
United Airlines
UAL
$36.9B
| $53.3M | 0.03% |
1,015,900
-669,700
| -40% | -$32.2M |
|
527
CALL
CME Group
CME
$100B
| $53.1M | 0.03% |
507,700
-14,400
| -3% | -$1.5M |
|
528
PUT
Cigna
CI
$74.1B
| $53M | 0.03% |
406,800
-217,500
| -35% | -$28.4M |
|
529
CALL
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $52.9M | 0.03% |
2,214,800
+1,331,000
| +151% | +$30.9M |
|
530
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $52.6M | 0.03% |
472,200
-19,800
| -4% | -$2.2M |
|
531
PUT
Petrobras
PBR
$120B
| $52.4M | 0.03% |
5,620,500
-985,100
| -15% | -$8.64M |
|
532
PUT
Vodafone
VOD
$37B
| $52.1M | 0.03% |
1,787,300
+148,800
| +9% | +$4.53M |
|
533
CALL
Adobe
ADBE
$110B
| $52M | 0.03% |
479,300
-1,100
| -0.2% | -$110K |
|
534
PUT
Vale
VALE
$64B
| $51.9M | 0.03% |
9,441,800
+1,204,900
| +15% | +$6.61M |
|
535
PUT
Advance Auto Parts
AAP
$2.63B
| $51.9M | 0.03% |
347,900
+124,400
| +56% | +$19.9M |
|
536
PUT
APA Corp
APA
$15B
| $51.1M | 0.02% |
800,700
+172,200
| +27% | +$9.41M |
|
|
WCG
537
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $51M | 0.02% |
435,600
-3,600
| -0.8% | -$402K |
|
538
CALL
Cummins
CMI
$78.7B
| $51M | 0.02% |
397,800
-215,100
| -35% | -$26.1M |
|
539
PUT
PayPal
PYPL
$52.8B
| $50.7M | 0.02% |
1,236,900
+365,200
| +42% | +$14M |
|
540
CALL
Kimberly-Clark
KMB
$37B
| $50.6M | 0.02% |
401,500
+92,900
| +30% | +$12M |
|
541
CALL
Best Buy
BBY
$18.4B
| $50.4M | 0.02% |
1,319,700
+238,100
| +22% | +$8.36M |
|
|
DD
542
PUT
DELISTED
Du Pont De Nemours E I
DD
| $50.2M | 0.02% |
749,200
-348,900
| -32% | -$23.7M |
|
543
PUT
Under Armour
UAA
$2.31B
| $50M | 0.02% |
1,293,000
-786,000
| -38% | -$31.8M |
|
|
ETP
544
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $50M | 0.02% |
1,350,200
+430,900
| +47% | +$16.9M |
|
545
CALL
General Dynamics
GD
$104B
| $49.9M | 0.02% |
321,500
+118,600
| +58% | +$17.7M |
|
546
CALL
Whirlpool
WHR
$2.62B
| $49.9M | 0.02% |
307,600
+39,900
| +15% | +$7.07M |
|
|
CLR
547
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $49.6M | 0.02% |
953,800
+135,000
| +16% | +$6.27M |
|
548
CALL
GoPro
GPRO
$111M
| $49.6M | 0.02% |
2,970,900
+1,307,300
| +79% | +$17.9M |
|
549
CALL
Southwest Airlines
LUV
$19.9B
| $49.5M | 0.02% |
1,272,100
+143,200
| +13% | +$5.44M |
|
550
PUT
VanEck Semiconductor ETF
SMH
$64.8B
| $49.3M | 0.02% |
1,420,400
-987,800
| -41% | -$31.6M |
|
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.