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 | |
|---|---|---|---|---|---|---|
701
CALL
Akamai
AKAM
$15.2B
| $35.8M | 0.02% |
536,900
+65,800
| +14% | +$4.19M |
|
702
CALL
Dell
DELL
$280B
| $35.8M | 0.02% |
2,320,024
-518,095
| -18% | -$7.43M |
|
703
PUT
Avis
CAR
$5.19B
| $35.8M | 0.02% |
975,200
+330,500
| +51% | +$12M |
|
704
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$401M
| $35.8M | 0.02% |
244,992
+33,616
| +16% | +$4.42M |
|
705
CALL
Norfolk Southern
NSC
$79.3B
| $35.6M | 0.02% |
329,800
-162,100
| -33% | -$16.4M |
|
706
Johnson & Johnson
JNJ
$658B
| $35.5M | 0.02% |
307,799
+219,799
| +250% | +$25.4M |
|
707
PUT
Danaher
DHR
$151B
| $35.4M | 0.02% |
512,338
+77,494
| +18% | +$5.38M |
|
708
CALL
BHP
BHP
$247B
| $35.3M | 0.02% |
1,105,194
+466,000
| +73% | +$15.1M |
|
709
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $35.3M | 0.02% |
478,800
+128,300
| +37% | +$10.4M |
|
710
PUT
Trip.com Group
TCOM
$29B
| $35.3M | 0.02% |
881,700
-454,100
| -34% | -$19.9M |
|
711
Howmet Aerospace
HWM
$105B
| $35.2M | 0.02% |
+2,478,405
| New | +$37.3M |
|
712
iShares MSCI Hong Kong ETF
EWH
$1.28B
| $35.2M | 0.02% |
1,808,197
+1,749,462
| +2,979% | +$36.7M |
|
|
CXO
713
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $35.2M | 0.02% |
265,400
+126,500
| +91% | +$17.2M |
|
714
PUT
Molson Coors Class B
TAP
$8.02B
| $35.1M | 0.02% |
360,500
-968,700
| -73% | -$98.8M |
|
715
PUT
Sherwin-Williams
SHW
$84.2B
| $34.9M | 0.02% |
390,000
+164,100
| +73% | +$14.5M |
|
716
PUT
Teck Resources
TECK
$34.4B
| $34.9M | 0.02% |
1,742,000
-386,700
| -18% | -$8.37M |
|
717
Wheaton Precious Metals
WPM
$72.8B
| $34.8M | 0.02% |
1,802,728
-1,118,286
| -38% | -$23.3M |
|
718
Illumina
ILMN
$33.7B
| $34.8M | 0.02% |
279,506
+189,768
| +211% | +$25.6M |
|
|
COL
719
PUT
DELISTED
Rockwell Collins
COL
| $34.7M | 0.02% |
373,800
+356,800
| +2,099% | +$31.5M |
|
|
NAV
720
CALL
DELISTED
Navistar International
NAV
| $34.5M | 0.02% |
1,098,200
+130,900
| +14% | +$3.55M |
|
|
SPLK
721
CALL
DELISTED
Splunk Inc
SPLK
| $34.3M | 0.02% |
671,300
-104,500
| -13% | -$6.02M |
|
722
CALL
Hain Celestial
HAIN
$75.8M
| $34.3M | 0.02% |
878,700
+566,300
| +181% | +$21.2M |
|
723
PUT
AstraZeneca
AZN
$259B
| $33.9M | 0.02% |
620,500
+483,100
| +352% | +$27.4M |
|
|
724
PUT
Hain Celestial
HAIN
$75.8M
| $33.8M | 0.02% |
867,000
+543,000
| +168% | +$20.3M |
|
|
CBI
725
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $33.6M | 0.02% |
1,059,800
-229,800
| -18% | -$7.19M |
|
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.