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 | |
|---|---|---|---|---|---|---|
576
CALL
Zillow
Z
$8.33B
| $48M | 0.02% |
1,315,200
+370,500
| +39% | +$13.1M |
|
577
Under Armour Class C
UA
$2.25B
| $47.9M | 0.02% |
1,902,858
+1,410,864
| +287% | +$39M |
|
578
CALL
Perrigo
PRGO
$1.98B
| $47.6M | 0.02% |
571,700
+98,100
| +21% | +$8.51M |
|
|
ESRX
579
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $47.5M | 0.02% |
691,200
+118,100
| +21% | +$8.46M |
|
|
RAI
580
PUT
DELISTED
Reynolds American Inc
RAI
| $47.5M | 0.02% |
848,100
+67,200
| +9% | +$3.57M |
|
581
PUT
Tyson Foods
TSN
$20.4B
| $47.4M | 0.02% |
768,800
+149,700
| +24% | +$9.84M |
|
582
PUT
T-Mobile US
TMUS
$196B
| $47.4M | 0.02% |
824,000
+190,800
| +30% | +$9.98M |
|
583
PUT
Yum! Brands
YUM
$42.8B
| $47.4M | 0.02% |
748,100
-1,552,892
| -67% | -$97.5M |
|
584
CALL
Under Armour
UAA
$2.31B
| $47.2M | 0.02% |
1,624,600
+67,000
| +4% | +$2.2M |
|
585
PUT
Valero Energy
VLO
$100B
| $47.2M | 0.02% |
690,800
-222,200
| -24% | -$13.7M |
|
586
CALL
Stryker
SYK
$126B
| $47M | 0.02% |
392,100
+160,600
| +69% | +$18.5M |
|
587
CALL
D.R. Horton
DHI
$41.7B
| $46.7M | 0.02% |
1,710,000
-83,600
| -5% | -$2.39M |
|
588
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.69B
| $46.7M | 0.02% |
1,536,500
-163,900
| -10% | -$4.72M |
|
589
PUT
Marriott International
MAR
$93.7B
| $46.6M | 0.02% |
563,900
-346,300
| -38% | -$26.1M |
|
|
GG
590
CALL
DELISTED
Goldcorp Inc
GG
| $46.4M | 0.02% |
3,415,000
-578,000
| -14% | -$8.05M |
|
591
Visteon
VC
$2.71B
| $46.3M | 0.02% |
575,950
-176,008
| -23% | -$13.2M |
|
592
CALL
Accenture
ACN
$114B
| $46.2M | 0.02% |
394,700
-626,300
| -61% | -$74.3M |
|
593
PUT
Dollar Tree
DLTR
$26B
| $46.1M | 0.02% |
597,800
+364,500
| +156% | +$29.3M |
|
594
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.79B
| $45.9M | 0.02% |
1,456,100
-1,207,400
| -45% | -$43.9M |
|
595
CALL
First Solar
FSLR
$22.6B
| $45.9M | 0.02% |
1,430,400
-419,500
| -23% | -$14.7M |
|
596
CALL
iShares Silver Trust
SLV
$33.3B
| $45.9M | 0.02% |
3,037,500
-682,200
| -18% | -$11.1M |
|
597
Vodafone
VOD
$36.9B
| $45.5M | 0.02% |
1,864,338
+1,185,234
| +175% | +$31.2M |
|
598
CALL
Advance Auto Parts
AAP
$2.6B
| $45.5M | 0.02% |
268,900
+20,300
| +8% | +$3.19M |
|
599
CALL
Cheniere Energy
LNG
$57.9B
| $45.2M | 0.02% |
1,091,100
-138,700
| -11% | -$5.6M |
|
|
POT
600
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $45.1M | 0.02% |
2,491,700
-932,700
| -27% | -$16.2M |
|
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.