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 | |
|---|---|---|---|---|---|---|
851
CALL
VF Corp
VFC
$5.63B
| $26.8M | 0.01% |
532,699
+75,933
| +17% | +$3.94M |
|
852
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $26.6M | 0.01% |
511,600
-255,100
| -33% | -$12.8M |
|
|
SINA
853
PUT
DELISTED
Sina Corp
SINA
| $26.6M | 0.01% |
437,200
+39,900
| +10% | +$2.86M |
|
854
CALL
Gen Digital
GEN
$17.4B
| $26.5M | 0.01% |
1,110,900
+28,200
| +3% | +$693K |
|
855
PUT
TripAdvisor
TRIP
$1.19B
| $26.4M | 0.01% |
569,100
-124,400
| -18% | -$6.84M |
|
856
PUT
Monster Beverage
MNST
$95.8B
| $26.4M | 0.01% |
2,378,400
-2,390,400
| -50% | -$27.4M |
|
857
CALL
Opko Health
OPK
$1.1B
| $26.3M | 0.01% |
2,829,000
+1,199,500
| +74% | +$12.4M |
|
858
PUT
Estee Lauder
EL
$37.7B
| $26.2M | 0.01% |
342,100
+38,100
| +13% | +$3.1M |
|
859
PUT
Mohawk Industries
MHK
$9.08B
| $26.2M | 0.01% |
131,000
+16,900
| +15% | +$3.32M |
|
|
JWN
860
CALL
DELISTED
Nordstrom
JWN
| $26.1M | 0.01% |
545,100
+149,900
| +38% | +$8.14M |
|
861
Ambarella
AMBA
$3.07B
| $26.1M | 0.01% |
482,630
+23,962
| +5% | +$1.45M |
|
862
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.5M
| $26M | 0.01% |
216,600
-70,400
| -25% | -$8.53M |
|
863
CALL
InterDigital
IDCC
$8.8B
| $26M | 0.01% |
284,600
+148,600
| +109% | +$11.9M |
|
864
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $25.9M | 0.01% |
351,900
+100,800
| +40% | +$8.2M |
|
865
Freeport-McMoran
FCX
$112B
| $25.9M | 0.01% |
1,964,748
-569,161
| -22% | -$7.28M |
|
|
AGU
866
PUT
DELISTED
Agrium
AGU
| $25.9M | 0.01% |
257,500
-123,800
| -32% | -$11.9M |
|
867
PUT
CarMax
KMX
$8.91B
| $25.8M | 0.01% |
400,900
+2,500
| +0.6% | +$140K |
|
|
WLL
868
DELISTED
Whiting Petroleum Corporation
WLL
| $25.8M | 0.01% |
7,158
+5,706
| +393% | +$17.1M |
|
869
CALL
Corning
GLW
$125B
| $25.7M | 0.01% |
1,059,800
-837,100
| -44% | -$19.9M |
|
|
RDS.A
870
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $25.7M | 0.01% |
489,624
+198,583
| +68% | +$9.88M |
|
871
PUT
Toyota
TM
$229B
| $25.7M | 0.01% |
218,900
-47,000
| -18% | -$5.48M |
|
872
PUT
Incyte
INCY
$25.9B
| $25.6M | 0.01% |
255,500
-66,900
| -21% | -$6.53M |
|
873
CALL
Vulcan Materials
VMC
$35.8B
| $25.6M | 0.01% |
204,200
+78,200
| +62% | +$9.46M |
|
874
PUT
iShares MSCI Mexico ETF
EWW
$1.79B
| $25.4M | 0.01% |
578,500
-1,225,400
| -68% | -$57.6M |
|
875
Intel
INTC
$461B
| $25.3M | 0.01% |
698,564
+667,764
| +2,168% | +$23.9M |
|
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.