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 | |
|---|---|---|---|---|---|---|
601
PUT
EOG Resources
EOG
$78.5B
| $45M | 0.02% |
445,500
-54,700
| -11% | -$5.33M |
|
602
CALL
MPLX
MPLX
$59.2B
| $45M | 0.02% |
1,300,900
+3,300
| +0.3% | +$107K |
|
|
MRO
603
CALL
DELISTED
Marathon Oil Corporation
MRO
| $44.9M | 0.02% |
2,594,800
+384,300
| +17% | +$6.17M |
|
|
ALXN
604
DELISTED
Alexion Pharmaceuticals
ALXN
| $44.4M | 0.02% |
362,548
+147,742
| +69% | +$18.1M |
|
605
CALL
Emerson Electric
EMR
$87.6B
| $44.3M | 0.02% |
794,900
-388,600
| -33% | -$20.9M |
|
606
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.7B
| $44.1M | 0.02% |
1,450,800
-838,900
| -37% | -$24.2M |
|
|
VIAB
607
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $44M | 0.02% |
1,254,400
-942,100
| -43% | -$34.6M |
|
608
PUT
Transocean
RIG
$6.46B
| $43.9M | 0.02% |
2,981,500
-1,547,600
| -34% | -$18.3M |
|
609
CALL
Trip.com Group
TCOM
$28.9B
| $43.9M | 0.02% |
1,097,300
-1,046,600
| -49% | -$45.8M |
|
610
CALL
C.H. Robinson
CHRW
$16.7B
| $43.8M | 0.02% |
597,700
-53,100
| -8% | -$3.84M |
|
611
PUT
Best Buy
BBY
$18.4B
| $43.8M | 0.02% |
1,025,600
+158,200
| +18% | +$6.72M |
|
612
PUT
Kimberly-Clark
KMB
$36.9B
| $43.5M | 0.02% |
381,500
-142,800
| -27% | -$16.6M |
|
613
PUT
Cigna
CI
$73.4B
| $43.4M | 0.02% |
325,200
-81,600
| -20% | -$10.7M |
|
614
Merck
MRK
$371B
| $43.1M | 0.02% |
768,031
+659,699
| +609% | +$38.6M |
|
|
DISH
615
PUT
DELISTED
DISH Network Corp.
DISH
| $43.1M | 0.02% |
743,900
-154,800
| -17% | -$8.84M |
|
|
P
616
PUT
DELISTED
Pandora Media Inc
P
| $43.1M | 0.02% |
3,301,700
+399,900
| +14% | +$4.96M |
|
617
CALL
Lam Research
LRCX
$388B
| $42.9M | 0.02% |
4,059,000
+1,269,000
| +45% | +$12.9M |
|
618
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $42.8M | 0.02% |
516,500
-129,000
| -20% | -$11.1M |
|
619
PUT
Sarepta Therapeutics
SRPT
$1.92B
| $42.7M | 0.02% |
1,556,900
-858,400
| -36% | -$34.5M |
|
|
P
620
CALL
DELISTED
Pandora Media Inc
P
| $42.6M | 0.02% |
3,268,200
+1,328,000
| +68% | +$16.5M |
|
621
CNX Resources
CNX
$5.37B
| $42.3M | 0.02% |
2,785,068
+1,589,968
| +133% | +$25.1M |
|
622
Abbott
ABT
$202B
| $42.3M | 0.02% |
1,100,777
+753,345
| +217% | +$29.9M |
|
623
PUT
Vanguard Real Estate ETF
VNQ
$39.2B
| $42M | 0.02% |
508,400
-130,300
| -20% | -$10.6M |
|
624
CALL
McKesson
MCK
$101B
| $41.9M | 0.02% |
298,600
+9,800
| +3% | +$1.44M |
|
|
ICPT
625
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $41.8M | 0.02% |
385,100
-34,800
| -8% | -$4.15M |
|
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.