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 | |
|---|---|---|---|---|---|---|
601
CALL
MPLX
MPLX
$59B
| $43.9M | 0.02% |
1,297,600
-141,700
| -10% | -$4.67M |
|
602
PUT
TripAdvisor
TRIP
$1.18B
| $43.8M | 0.02% |
693,500
+42,500
| +7% | +$2.73M |
|
|
RAI
603
CALL
DELISTED
Reynolds American Inc
RAI
| $43.8M | 0.02% |
928,200
-36,200
| -4% | -$1.82M |
|
604
CALL
Perrigo
PRGO
$2B
| $43.7M | 0.02% |
473,600
+163,200
| +53% | +$15M |
|
|
RTN
605
CALL
DELISTED
Raytheon Company
RTN
| $43.5M | 0.02% |
319,500
-28,200
| -8% | -$3.92M |
|
|
TIF
606
PUT
DELISTED
Tiffany & Co.
TIF
| $43.5M | 0.02% |
598,600
+151,200
| +34% | +$10.1M |
|
|
FIT
607
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $43.2M | 0.02% |
2,911,300
+1,875,400
| +181% | +$27.3M |
|
608
PUT
RH
RH
$2.75B
| $43.1M | 0.02% |
1,247,200
+609,200
| +95% | +$19.4M |
|
609
CALL
Wheaton Precious Metals
WPM
$74B
| $43.1M | 0.02% |
1,595,300
+255,100
| +19% | +$7.02M |
|
|
VALE.P
610
DELISTED
Vale S A
VALE.P
| $43.1M | 0.02% |
9,153,166
-6,337,098
| -41% | -$28.8M |
|
|
PARA
611
PUT
DELISTED
Paramount Global Class B
PARA
| $43M | 0.02% |
785,400
+98,200
| +14% | +$5.21M |
|
|
ILG
612
DELISTED
ILG, Inc Common Stock
ILG
| $42.9M | 0.02% |
2,497,751
+1,295,346
| +108% | +$22.4M |
|
|
ANDV
613
PUT
DELISTED
Andeavor
ANDV
| $42.9M | 0.02% |
538,600
+18,500
| +4% | +$1.43M |
|
614
PUT
CNX Resources
CNX
$5.29B
| $42.8M | 0.02% |
2,674,440
+1,035,720
| +63% | +$15.3M |
|
615
PUT
Advanced Micro Devices
AMD
$780B
| $42.7M | 0.02% |
6,180,700
+219,000
| +4% | +$1.4M |
|
|
SINA
616
CALL
DELISTED
Sina Corp
SINA
| $42.5M | 0.02% |
576,300
+333,100
| +137% | +$22.1M |
|
|
K
617
CALL
DELISTED
Kellanova
K
| $42.4M | 0.02% |
583,514
-176,044
| -23% | -$13.5M |
|
618
PUT
Cardinal Health
CAH
$54.5B
| $42.2M | 0.02% |
542,900
+446,700
| +464% | +$36.1M |
|
|
BWLD
619
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $42M | 0.02% |
298,300
-29,800
| -9% | -$4.64M |
|
620
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $41.9M | 0.02% |
1,703,800
-760,700
| -31% | -$18.8M |
|
621
CALL
Martin Marietta Materials
MLM
$37.9B
| $41.7M | 0.02% |
232,800
+94,600
| +68% | +$18.1M |
|
|
P
622
PUT
DELISTED
Pandora Media Inc
P
| $41.6M | 0.02% |
2,901,800
+954,400
| +49% | +$12.9M |
|
623
CALL
Darden Restaurants
DRI
$25.2B
| $41.6M | 0.02% |
678,100
-1,600
| -0.2% | -$99.2K |
|
|
CMA
624
CALL
DELISTED
Comerica
CMA
| $41.6M | 0.02% |
878,100
+66,500
| +8% | +$3.01M |
|
625
PUT
Ciena
CIEN
$54.2B
| $41.4M | 0.02% |
1,898,100
+1,197,800
| +171% | +$25M |
|
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.