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 | |
|---|---|---|---|---|---|---|
726
CALL
Wheaton Precious Metals
WPM
$72.8B
| $33.6M | 0.02% |
1,737,700
+142,400
| +9% | +$2.97M |
|
727
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $33.5M | 0.02% |
1,660,000
-21,300
| -1% | -$443K |
|
728
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.53B
| $33.5M | 0.02% |
+547,191
| New | +$34.6M |
|
729
PUT
CSX Corp
CSX
$95.3B
| $33.5M | 0.02% |
2,793,900
+223,500
| +9% | +$2.51M |
|
|
ZIONW
730
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $33.5M | 0.02% |
2,846,798
| – | – |
|
731
PUT
Synchrony
SYF
$26B
| $33.4M | 0.02% |
920,200
-277,900
| -23% | -$8.87M |
|
732
PUT
LyondellBasell Industries
LYB
$21.1B
| $33.3M | 0.02% |
388,300
+1,200
| +0.3% | +$101K |
|
733
PUT
Mercado Libre
MELI
$98.8B
| $33.3M | 0.02% |
213,000
+112,800
| +113% | +$18.6M |
|
|
STJ
734
PUT
DELISTED
St Jude Medical
STJ
| $33.2M | 0.02% |
414,100
-578,300
| -58% | -$45.9M |
|
735
CALL
Ventas
VTR
$47.9B
| $33.2M | 0.02% |
530,600
+332,500
| +168% | +$21M |
|
736
PUT
Hershey
HSY
$38.2B
| $33.2M | 0.02% |
320,700
-241,200
| -43% | -$23.8M |
|
|
BNY
737
PUT
Bank of New York Mellon
BNY
$110B
| $33.1M | 0.02% |
699,400
+196,500
| +39% | +$8.86M |
|
738
CALL
Sysco
SYY
$40.1B
| $33.1M | 0.02% |
597,900
-23,400
| -4% | -$1.22M |
|
739
CALL
NOV
NOV
$7.04B
| $33.1M | 0.02% |
883,900
+297,800
| +51% | +$10.8M |
|
740
CALL
Dominion Energy
D
$58.6B
| $33M | 0.02% |
431,500
+55,400
| +15% | +$4.08M |
|
|
741
CALL
Hershey
HSY
$38.2B
| $33M | 0.02% |
319,400
-157,000
| -33% | -$15.5M |
|
742
PUT
Cognizant
CTSH
$28B
| $33M | 0.02% |
589,400
-163,300
| -22% | -$8.74M |
|
743
Walmart Inc
WMT
$847B
| $32.9M | 0.02% |
1,428,984
+225,864
| +19% | +$5.27M |
|
|
WFM
744
CALL
DELISTED
Whole Foods Market Inc
WFM
| $32.7M | 0.02% |
1,064,000
-122,100
| -10% | -$3.67M |
|
745
PUT
HF Sinclair
DINO
$16.9B
| $32.6M | 0.02% |
995,700
-187,200
| -16% | -$5.19M |
|
|
KSU
746
PUT
DELISTED
Kansas City Southern
KSU
| $32.6M | 0.02% |
384,200
+105,800
| +38% | +$9.32M |
|
747
CALL
ProShares UltraPro QQQ
TQQQ
$34.7B
| $32.6M | 0.02% |
12,292,800
+820,800
| +7% | +$2.15M |
|
748
CALL
AstraZeneca
AZN
$259B
| $32.4M | 0.02% |
592,700
+163,400
| +38% | +$9.28M |
|
749
CALL
Southern Company
SO
$104B
| $32.4M | 0.02% |
658,200
+8,200
| +1% | +$403K |
|
750
CALL
CarMax
KMX
$8.91B
| $32.4M | 0.02% |
502,600
-43,100
| -8% | -$2.42M |
|
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.