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 | |
|---|---|---|---|---|---|---|
|
ANDV
751
CALL
DELISTED
Andeavor
ANDV
| $32.3M | 0.02% |
369,700
+20,400
| +6% | +$1.73M |
|
|
752
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $32.2M | 0.02% |
275,200
-200,700
| -42% | -$23.9M |
|
753
CALL
Ciena
CIEN
$52.7B
| $32.2M | 0.02% |
1,320,600
-376,700
| -22% | -$8.23M |
|
754
PUT
Southern Company
SO
$104B
| $32.2M | 0.02% |
654,600
+254,800
| +64% | +$12.5M |
|
755
CALL
Howmet Aerospace
HWM
$105B
| $32.2M | 0.02% |
+2,264,135
| New | +$34M |
|
|
BERY
756
DELISTED
Berry Global Group, Inc.
BERY
| $32.2M | 0.02% |
+719,244
| New | +$30.8M |
|
757
CALL
Mercado Libre
MELI
$98.8B
| $32.1M | 0.02% |
205,300
+8,200
| +4% | +$1.35M |
|
758
CALL
RH
RH
$2.71B
| $32.1M | 0.02% |
1,044,100
+209,800
| +25% | +$6.78M |
|
759
PUT
Zoetis
ZTS
$31.9B
| $32M | 0.02% |
598,300
-70,000
| -10% | -$3.56M |
|
760
PUT
Exelon
EXC
$45.7B
| $32M | 0.02% |
1,264,043
+514,954
| +69% | +$12.2M |
|
761
PUT
GoPro
GPRO
$111M
| $31.9M | 0.02% |
3,662,400
-460,600
| -11% | -$5.28M |
|
762
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $31.8M | 0.02% |
664,600
-34,700
| -5% | -$1.37M |
|
763
CALL
KeyCorp
KEY
$23.3B
| $31.7M | 0.02% |
1,735,200
+1,155,600
| +199% | +$18.2M |
|
764
CALL
NextEra Energy
NEE
$175B
| $31.6M | 0.02% |
1,056,800
-88,400
| -8% | -$2.64M |
|
|
765
CALL
Exelon
EXC
$45.7B
| $31.5M | 0.02% |
1,245,677
+270,165
| +28% | +$6.41M |
|
|
JWN
766
PUT
DELISTED
Nordstrom
JWN
| $31.4M | 0.02% |
655,000
+252,900
| +63% | +$13.7M |
|
|
SHPG
767
PUT
DELISTED
Shire pic
SHPG
| $31.4M | 0.02% |
184,200
-163,700
| -47% | -$29M |
|
768
CALL
Helmerich & Payne
HP
$4.25B
| $31.4M | 0.02% |
405,400
-89,500
| -18% | -$6.36M |
|
|
TSRO
769
PUT
DELISTED
TESARO, Inc.
TSRO
| $31.3M | 0.02% |
233,000
-86,300
| -27% | -$10.9M |
|
770
PUT
VanEck Semiconductor ETF
SMH
$64.8B
| $31.2M | 0.02% |
872,000
-548,400
| -39% | -$19.1M |
|
771
PUT
Zillow
Z
$8.33B
| $31.2M | 0.02% |
855,700
+388,900
| +83% | +$13.7M |
|
772
CALL
Campbell Soup
CPB
$7.2B
| $31.1M | 0.02% |
515,100
+222,100
| +76% | +$12.4M |
|
|
EA
773
PUT
DELISTED
Electronic Arts
EA
| $31.1M | 0.02% |
395,200
-610,700
| -61% | -$49.1M |
|
774
Deutsche Bank
DB
$72.2B
| $31.1M | 0.02% |
+1,923,121
| New | +$27.1M |
|
|
S
775
PUT
DELISTED
Sprint Corporation
S
| $31M | 0.02% |
3,683,800
-1,014,200
| -22% | -$7.51M |
|
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.