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 | |
|---|---|---|---|---|---|---|
801
CALL
Teck Resources
TECK
$34.4B
| $29.8M | 0.02% |
1,488,400
+23,000
| +2% | +$498K |
|
802
PUT
Akamai
AKAM
$15.2B
| $29.6M | 0.02% |
444,300
-91,100
| -17% | -$5.8M |
|
803
CALL
BlackBerry
BB
$4.48B
| $29.5M | 0.02% |
4,279,500
+551,300
| +15% | +$4.1M |
|
804
CALL
Northrop Grumman
NOC
$78B
| $29.3M | 0.01% |
125,800
+43,800
| +53% | +$10.2M |
|
|
TFCF
805
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $29.2M | 0.01% |
+1,073,139
| New | +$28.8M |
|
806
CALL
Vodafone
VOD
$36.9B
| $29.2M | 0.01% |
1,195,600
-451,700
| -27% | -$11.9M |
|
|
CHK
807
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $29.1M | 0.01% |
20,744
-26,648
| -56% | -$34.8M |
|
808
CALL
Fastenal
FAST
$58.8B
| $29M | 0.01% |
2,472,400
+1,335,600
| +117% | +$14.7M |
|
|
SLCA
809
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $28.8M | 0.01% |
508,700
+170,200
| +50% | +$8.41M |
|
|
TSRO
810
CALL
DELISTED
TESARO, Inc.
TSRO
| $28.8M | 0.01% |
213,800
+4,000
| +2% | +$505K |
|
811
CALL
Cognizant
CTSH
$28B
| $28.7M | 0.01% |
512,900
+9,100
| +2% | +$487K |
|
812
PUT
Travelers Companies
TRV
$77.3B
| $28.7M | 0.01% |
234,400
+53,000
| +29% | +$6.05M |
|
813
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$66.9M
| $28.7M | 0.01% |
237
+105
| +80% | +$12.9M |
|
814
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $28.6M | 0.01% |
1,043,000
-592,800
| -36% | -$23.8M |
|
815
PUT
F5
FFIV
$21.5B
| $28.5M | 0.01% |
196,800
-34,800
| -15% | -$4.71M |
|
816
CALL
Chubb
CB
$133B
| $28.5M | 0.01% |
215,500
+105,900
| +97% | +$13.5M |
|
817
CALL
Domino's
DPZ
$11.5B
| $28.5M | 0.01% |
178,800
+63,300
| +55% | +$10.3M |
|
|
BLUE
818
PUT
DELISTED
bluebird bio
BLUE
| $28.5M | 0.01% |
35,605
-486
| -1% | -$386K |
|
|
BNY
819
CALL
Bank of New York Mellon
BNY
$110B
| $28.4M | 0.01% |
599,200
+45,700
| +8% | +$2.06M |
|
820
CALL
Cencora
COR
$61.8B
| $28.3M | 0.01% |
361,400
-17,700
| -5% | -$1.38M |
|
|
MNDT
821
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $28.3M | 0.01% |
2,374,600
+772,000
| +48% | +$10M |
|
822
NXP Semiconductors
NXPI
$56.1B
| $28.1M | 0.01% |
286,529
+225,066
| +366% | +$22.4M |
|
823
PUT
Ball Corp
BALL
$17.1B
| $28M | 0.01% |
745,200
+430,800
| +137% | +$16.7M |
|
824
CALL
PPG Industries
PPG
$25.2B
| $27.9M | 0.01% |
294,500
+166,900
| +131% | +$15.9M |
|
|
AET
825
DELISTED
Aetna Inc
AET
| $27.9M | 0.01% |
224,655
+222,644
| +11,071% | +$26.7M |
|
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.